Tshwane auctions land to fund housing scheme

15 May 2015 - 02:19 By Dominic Skelton and Neo Goba

Tshwane mayor Kgosientso Ramokgopa promised residents that they would be within walking distance of free internet access by the end of next year. Speaking during his state of the capital address at Freedom Park in Pretoria yesterday, Ramokgopa said Tshwane's free Wi-Fi would add significantly to the city's economy, saying that every 10% increase in broadband would spike the gross domestic product by 1.28% and improve employment opportunities.He said money raised from the auctioning of land parcels would fund its housing scheme, Rea Aga Tshwane, which would be allocated a R200-million budget in the new financial year."Through the first phase of these land parcels, the city raised approximately R190-million wholly dedicated towards funding infrastructure," he said.Ramokgopa admitted the city had failed to rid township life of the drug nyaope, which he said would "condemn the poor to involuntary economic solitude and subject them to stubborn poverty".Ramokgopa revealed that the city would:Build 180 875 housing units in five years at a cost of R36.9-billion;Build 5355 social housing units over three years;Allocate R100-million for the transformation of the Caledonian Inner City Park, which will link the Ceremonial Boulevard to the Union Buildings;Create 4260 temporary jobs during the first two years of the construction of Tshwane House;Allocate R6.1-billion for the development of the African Gateway in Centurion. The gateway is expected to host the offices of the African Union and the UN; andSpend R152-million on capital development projects - covering areas such as Bronkhorspruit, Cullinan and Rayton - which will unlock potential private sector investment of between R4-billion and R6-billion...

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