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Investment in the Inner City is booming thanks to the continuous hard work and investment by the Johannesburg Inner City Business Coalition (JICBC). A study recently completed by the Central Johannesburg Partnership (CJP) reveals that members of the JICBC have invested nearly R4 billion between 2006 and 2009 in the Inner City of Johannesburg. The study also indicates that capital investment by the private sector in public space and including joint ventures is sitting at a staggering R27,4 million from 2006 to 2009. Further investment of R120 million in the public space is planned over the next three years. Many members of the JICBC are also committed to and are members of Joburg’s Inner City improvement districts (CIDs). A clear indication that improved management of the public space supports and enables investment by the private sector in property in the Inner City.

News

End Street Park looking good

End Street Park is a newly-completed JDA project. The site is abutted by End Street to the east, Noord Street to the north, Nugget Street to the west and Bree Street to the South.

The site boasts the following features: two artificial turf soccer fields, two rubberized play areas, (one for pre-school kids and another for primary school kids and above), on-site ablution facilities, 24 hour surveillance, and on-site cleaning and maintenance.

Photo: Kids love to use the amenities at End Street Park

Chalumbira takes a risk

This story was derived from FT Magazine

Urban pioneer Isaac Chalumbira, chief executive of Lionshare Holdings, has negotiated a favourable deal to buy an entire city block.

City officials were eager to inspire private investors to help turn the Doornfontein neighbourhood into a vibrant living and working community for the 15 000 students that attend the area’s two colleges.
 
Photo: Isaac Chalumbira is one of the most exciting figures in Joburg development at present

Xenophobia is alive and well

The results of a survey measuring the quality of life in the Gauteng City-Region among 6,639 Gauteng residents were recently released by the Gauteng City Region Observatory, of which Wits is a key partner.

The survey, which measured a variety of social, economic and developmental indicators, found that a shocking 69% of Gauteng city-region residents held xenophobic attitudes.

Photo: Unfortunately there are many indications that a fresh wave of xenophobic violence might envelope South Africa once again

Who was the World Cup really for?

Adopted from Dale T McKinley’s on myths and realities surrounding the world cup and Let them eat cake - the ugly backdrop to the beautiful game by Sheri Hamilton, Weizmann Hamilton and Liv Shange … and other sources. Much gratitude to the kagablog; visit http://kaganof.com/kagablog

Myths always need to be separated from realities. In the case of the ‘greatest show on earth’, leaving aside the very real beauty and enjoyment of the game of soccer, the myth-making has created a situation akin to inhaling tik – a short-lived high/euphoria that obscures all reality, followed by a rapid, depressing ‘come down’ back to that reality.

The starting point for the mythology that has been built up around the World Cup is the misplaced assumption that mega-events (in this case a sporting one) are vehicles for economic, social and political development that will benefit everyone. Most of the things that our government and FIFA have been telling/selling us about the benefits of the World Cup, since the time when South Africa first bid for hosting rights, are grounded within that assumption.

Photo: Did the man in the street benefit from the World Cup or not? Read on and make up your own mind …