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    You are at:Home»Uncategorized»Municipalities to take over housing, public transport
    Uncategorized

    Municipalities to take over housing, public transport

    Grocott's MailBy Grocott's MailOctober 25, 2012No Comments1 Min Read
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    Building new low-cost houses and rolling out public transport would be devolved to municipalities and greater technical support will be provided in rural areas, the Minister of Finance Pravin Gordhan said yesterday.

    Building new low-cost houses and rolling out public transport would be devolved to municipalities and greater technical support will be provided in rural areas, the Minister of Finance Pravin Gordhan said yesterday.

    Tabling his Medium Term Budget Policy Statement in the National Assembly, Gordhan said local government would also see a R500 million reduction in their equitable share to offset unspent conditional grant monies owed to the National Revenue Fund.
    Transfers to municipalities would rise from R78 billion this year to over R100 billion in 2015/16.

    Gordhan said discussions were currently under way with metropolitan cities on a support strategy to address spatial patterns that exacerbate social inequality.

    This will include further investment in public transport systems, development of settlements closer to work opportunities and greater support for small businesses. – SAnews.gov.za

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