- The City of Johannesburg has pledged to spend more on improving electricity infrastructure
- This includes refurbishing substations and replacing copper cables with aluminium to discourage theft
-The bulk of these funds will come from the City, with the remainder being provided by grants and other contributions
The City of Johannesburg is set to dramatically increase its budget for providing electricity to informal settlements, from R260 million over the past three years up to R750 million over the next three.
The move was announced during Finance MMC Funzela Ngobeni's budget speech.
In total, the City's expenditure for the next financial year stands at R58 billion.
Additionally, the City claims that its revenue will incrse by 12%, thus covering the hefty expenditure. The majority of this revenue will come from refuse tariffs, property rates, electricity and water, according to Eyewitness News.
In order to compensate, tariffs would rise from between 7% and 12%. Similarly, expenditure on maintenance of infrastructure will go up as well, increasing to 6%.
Indeed, Ngobeni said that the City would invest a lot of money into maintenance and infrastructure in the 2019/20 year. R8.3 billion has been allocated for the purpose.
Of this, R5.1 billion would come from the City while the remainder would come from grants and other contributions, Briefly.co.za has gathered.
This infrastructure expenditure would involve projects such as the upgrading of several substations, as well as replacing many copper cables with aluminium, as copper is frequently stolen and sold for scrap.
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