Reaping the urban dividend
“Our success in raising the country’s economic growth rate, lowering the cost of living for households and reducing the cost of doing business depends on our ability to transform South African cities into engines of growth.
More than 75% of SA’s gross domestic product is generated in metropolitan and other large urban municipalities and more than 53% of the population lives and works in large cities. Our metros therefore, need to channel increasing amounts of resources towards economic and social infrastructure to sustain the reliability of services and extend the reach of these services to cope with expanding demand.”
Read the full article HERE.
