Johannesburg's ambitious plans to upgrade existing apartment blocks in the inner city and build new residential accommodation have already resulted in the issuing of tenders worth R20bn. However, with the need to rehouse existing tenants, the plans may take a long time to come to fruition.

Johannesburg mayor Herman Mashaba said the city wants 500 dilapidated buildings to be transformed into affordable accommodation, including for students, within the next two years, saying that one of the biggest issues it faces is a lack of homes for hundreds of thousands of South Africans...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.