Finance

Broadband comes to Joburg

THE first phase of the Johannesburg Broadband Network Project will be rolled out in April, after the City appointed Ericsson as its partner.

Jozi gets second clean audit report

THE auditor-general has again given the nod to Johannesburg's annual financial statements, which is expected to boost the City's standing with investors.

Mayor tables annual report

THE last financial year was a good one for the City. Its economic growth was 6 percent and revenue growth was 14 percent. Major projects are also on track.

Criteria for those in need expanded

RATHER than simply looking at a household's income, the City will now be looking at an individual's poverty index when determining who gets social assistance.

Jozi ranks 11th most important city

JOBURG'S status as the economic powerhouse of Africa has been confirmed in the first MasterCard Emerging Markets Index, which places it at 11 out of 65 emerging market cities.

City to push growth to 9%, says mayor

JOHANNESBURG has seen significant growth from 2006, with the construction, finance and business sectors driving the trend.

Pensioners get rebate relief

THE deadline for applications for rates rebates has been extended, but only for pensioners owning and living in sectional title properties.

City continues to improve rating

A NUMBER of factors have contributed to Joburg's improved rating; the "biggest by far is revenue collection", followed by solid management, its turnaround strategy, and credit control.

Rates rebate deadline looms

PROPERTY owners have until Saturday to apply for their rates rebates. Various categories qualify for rebates, including pensioners, educational institutions and sports clubs.

AA-credit rating for City

JOHANNESBURG has received good news from the international agency Fitch Ratings, which has upgraded its credit ratings, saying its outlook is stable.

One month to rates rebate deadline

TIME is running out for people to apply for their rates rebates, with only a small number of applications received by the City so far.

Few challenges to city property values

ONLY a fraction of Joburg ratepayers have objected to the market value of their properties set out in the new Valuation roll. The new rates come into effect on 1 July 2008.

City releases tariff increases

TAKING into account the financial stresses on its citizens, Johannesburg has worked to keep its tariff increases to a minimum.

Another record budget for Joburg

WITH more than R26-billion in the pot to be divided up between City entities, the mayor has once again tabled a record budget.
* Speech by mayor: HTML | PDF [477kb]
* Gallery of photographs
* Mid-term Budget 2008/9 to 2010/11
* IDP 2008/9
* City releases tariff increases

JSE offers information week

MANY people are not aware of the possibilities of saving through the stock exchange - and are perhaps a little wary of it. But the JSE is getting the information out there with a free JSE Week Expo open to the public.

Citizens speak, City listens

THE City heard the concerns and suggestions of thousands of its citizens at a summit this weekend, held to help it compile the Integrated Development Plan and budget.

Calls for comment on City budget

THE public has been urged to comment on the City's proposed budget and Integrated Development Plan; it brings Joburg's purse to R26-billion.

Cost of City services going up

PEOPLE will have to tighten their belts even further under the City's proposed new tariffs for water, electricity and refuse removal. Heavy users will be penalized.

Final rates ratios released

JOHANNESBURG has released its final Rates Policy and assessment rates - and the good news is that the cent-in-the-rand rate has dropped for residential properties.

Public can object to valuations

PROPERTY owners can object to the valuations of the properties listed in the proposed new Valuations Roll.