CoCT invested R9.5 billion in infrastructure in 24/25 financial year, says Hill-Lewis
The mayor addressed the city council on Wednesday, saying that the only way for Cape Town to avoid some of the crises in other South African cities was to invest in infrastructure at a higher level.
FILE: Cape Town Mayor Geordin Hill-Lewis. Picture: @CityofCT/X
CAPE TOWN - Cape Town Mayor Geordin Hill-Lewis said the city had invested R9.5 billion in infrastructure in the 2024/2025 financial year, an all-time record for a South African metro.
Hill-Lewis said that the money spent represented 92 percent of its full infrastructure budget.
The mayor addressed the city council on Wednesday, saying that the only way for Cape Town to avoid some of the crises in other South African cities was to invest in infrastructure at a higher level.
"It's one thing to announce new record infrastructure budgets every year, in our quest to invest in a better city, but those records mean little if the budgets just stay as numbers on a page. They actually have to be spent."
Hill-Lewis told council that spending the allocated budget was no easy task.
"I'm very pleased to let you know that our city spent 92.3 percent of our capital budget ... that is R9.5 billion."
The mayor said that the safety and security directorate had the best percentage, with 99 percent of its R472 million budget spent.