• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION
No Result
View All Result
1
Home Politics

“Mooikloof Mega Residential City project provides an opportunity to rebuild the economy”

4 October 2020, 1:52 PM  |
Maluti Obuseng Maluti Obuseng |  @SABCNews
File Image: South African President Cyril Ramaphosa.

File Image: South African President Cyril Ramaphosa.

Image: SABC News

File Image: South African President Cyril Ramaphosa.

President Cyril Ramaphosa says the R33 billion Mooikloof Mega Residential City project provides an opportunity to rebuild the economy in the midst of the COVID-19 pandemic.

Ramaphosa officially launched the housing project in Pretoria earlier today.  The project is expected to create more than 40 000 jobs.

A total of 50-thousand housing units will be built to accommodate about 250 000 people after the project is completed.

People earning between R3 000 and R22 000 per month can apply for a loan through government’s Finance Linked Individual Subsidy programme. Government will subsidise applicants in the project which Ramaphosa says seeks to address the country’s housing backlog.

“The launch of this project is in many ways a ray of sunshine in an otherwise gloomy situation or climate. It is a demonstration of our resilience as a country and of the strength of public-private partnerships. What we are seeing is impressive and I look forward to seeing the building and all the houses at this wonderful mega city that is going to rise from the ground in this place.”

The video below is of the launch of the project:

Speaking during the launch, Public Works and Infrastructure Minister Patricia de Lille said government’s aim was to promote integration among communities by helping those who have no access to housing to obtain home loans from banks.

She says the Mooikloof Mega Residential City project will address apartheid spatial planning and bring about social justice.

De Lille says the initiative is in line with government’s Batho Pele principle.

Share article
Tags: Cyril RamaphosaPatricia De LilleMooikloof Mega Residential City. Housing
Previous Post

IEC in the Northern Cape says just over 1000 people have so far visited voting stations to register and update their details

Next Post

DA in Free State calls for ANC to pay back money from asbestos project

Related Posts

Former cabinet Minister, Tina Joemat-Pettersson.

Tina Joemat-Pettersson has passed away

5 June 2023, 8:04 PM
[File Image]: ANC flag seen at an event.

ANC Limpopo calls for the removal of Sekhukhune district mayor

5 June 2023, 2:10 PM
[File Image]: Public Protector Busisiwe Mkhwebane addressing the media.

Parliamentary inquiry into Mkhwebane’s fitness to hold office delayed until Wednesday

5 June 2023, 12:05 PM
Russian flagged Ro Ro ship Lady R transits Bosphorus in Istanbul, Turkey April 11, 2023.

DA to challenge Ramaphosa’s plans to classify inquiry findings on ‘Lady R’

5 June 2023, 9:05 AM
[File Image] Suspended Public Protector, Advocate Busisiwe Mkhwebane speaks at an event.

COPE calls on Section 194 committee to wrap up inquiry without delays

5 June 2023, 8:12 AM
The Demoratic Alliance logo is displayed on a table.

Big names enter the Gauteng DA leadership race: Analyst

4 June 2023, 9:52 PM
Next Post
Free State Hawks Spokesperson Lynda Steyn says the suspects are expected to appear in the Bloemfontein Magistrate's Court on Friday

DA in Free State calls for ANC to pay back money from asbestos project

Most Viewed

  • 24hrs
  • Week
  • Month
  • Eastern Cape ActionSA raises eyebrows over qualifications of senior officials
  • Slain teen Palesa Malatji’s family calls for death sentence to be reinstated
  • Limpopo district embroiled in fraudulent travel claims
  • Eskom to suspend rolling blackouts on Monday morning
  • Soweto e-hailing drivers fearing for their lives
  • Dr Nandipha’s looks during court appearances under the spotlight
  • Deadline for Zimbabwean Exemption Permits draws near
  • Reserve Bank expected to increase repo rate on Thursday
  • Zimbabwe receives 18 helicopters from Russian Federation
  • Eastern Cape ActionSA raises eyebrows over qualifications of senior officials
  • Tina Joemat-Pettersson has passed away
  • 25 Comrades Marathon runners disqualified for cheating
  • An investigator in the Bester escape case dies
  • VIDEO | Judge Loubser dismisses Dr Nandipha’s urgent application with costs
  • SAFTU calls for arrest of Eskom executive suspected of sabotage

LATEST

UNISA
  • South Africa

Unisa suspends registrar for various breaches of policy


The increase in the economic growth results from the easing of COVID-19 lockdown restrictions in the third quarter.
  • Business

SA expected to have avoided a technical recession in first quarter: Economists


Former cabinet Minister, Tina Joemat-Pettersson.
  • Politics

Tina Joemat-Pettersson has passed away


Newly elected City of Joburg Mayor, Kabelo Gwamanda (R) during his swearing in ceremony.
  • South Africa

Mixed reactions from Jo’burg residents ahead of mayor’s address


Russia's President Vladimir Putin speaks with South African President Cyril Ramaphosa at the first plenary session as part of the 2019 Russia-Africa Summit at the Sirius Park of Science and Art in Sochi, Russia.
  • World

India closely watching how SA handles Putin’s participation in BRICS summit


Limpopo Education authorities have attributed the shortages at some schools to learner migration.
  • South Africa

Two EC educators suspended for allegedly impregnating learners


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2023

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION

© 2023

Previous IEC in the Northern Cape says just over 1000 people have so far visited voting stations to register and update their details
Next DA in Free State calls for ANC to pay back money from asbestos project