Joburg’s political transition has gone smoothly, investors told
Investors have been assured that the political transition between the DA and ANC in the City of Johannesburg has gone smoothly. Member of the mayoral committee for finance Rabelani Dagada said nothing "had been shaken up" as the architecture of government had remained essentially the same as the last administration. He was addressing investors with city manager Trevor Fowler at a road show in Rosebank on Friday. The DA won control of Johannesburg in the August municipal elections, unseating the ANC, which had run the city’s council for 22 years. Dagada said the fear there would be fundamental change had to be dispelled. "Many people have invested in the city. They invest heavily in our brands. With a big change in government, there was fear fundamentals might change. These fears had to be allayed. "As the new administration, we need their support. We are happy with the response here," he said. New mayor Herman Mashaba had come up with a 10-point plan to take the Joburg metro forward...
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