Retail & Hospitality Property News Ghana

Subscribe

Advertise your job ad
    Search jobs

    Gauteng may give properties to small firms

    Even before its assets registration process has been completed, the Gauteng provincial government has already identified more than 37,000 properties, many of which it is looking to offer to township businesses.
    Lebogang Maile, the MEC for Economic Development says that deserted and abandoned government buildings could be given to people in Reiger Park to use as business premises. Image:
    Lebogang Maile, the MEC for Economic Development says that deserted and abandoned government buildings could be given to people in Reiger Park to use as business premises. Image: Joburg

    This is what Economic Development MEC Lebogang Maile told residents of Reiger Park in Ekurhuleni at an economic development road show, which was also attended by Premier David Makhura.

    Maile said the Gauteng provincial government is considering turning its unoccupied, unused properties into sites for small businesses in township areas.

    "We have 65 townships and some of these have been identified as big impact townships and exist on the margins of big economies. These areas have lots of activity, which if supported, can address unemployment and poverty," he said.

    Makhura cited research from the University of Johannesburg, saying the economy of Reiger Park was potentially worth R2bn, and that of Diepsloot close to R1.8bn.

    Thousands of unoccupied buildings

    Infrastructure Development MEC Nandi Mayathula-Khoza says she is considering allowing non-governmental organisations and small businesses to use vacant government buildings. Image:
    Infrastructure Development MEC Nandi Mayathula-Khoza says she is considering allowing non-governmental organisations and small businesses to use vacant government buildings. Image: Joburg

    Last month Gauteng Infrastructure Development MEC Nandi Mayathula-Khoza said while a number of buildings owned by the provincial government were already being leased to non-governmental organisations (NGOs) and small businesses, the department was looking for ways to use some of its vacant properties.

    Maile said the idea of leasing unoccupied buildings to small businesses was in line with the African National Congress's election promise to build the economy and create jobs.

    "Many of our (small businesses) are operating from yards and garages. People don't have space to operate their business. It is important to look at infrastructure," he said.

    Maile said the provincial government needed to investigate how to convert unused government buildings into facilities for businesses such as office parks. "We also have industrial areas which are abandoned. We want to revitalise those so that communities have the opportunity to build their businesses there and do a range of things," he said.

    Makhura said although the provincial government could intervene in township economies, it was up to Reiger Park residents to revitalise their own local economy by participating in it and supporting local businesses.

    Source: Business Day via I-Net Bridge

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    Let's do Biz