Sapoa puts hand up to help fix Joburg

The South African Property Owners Association (Sapoa) is offering its expertise to the City of Johannesburg (CoJ) to help address the city’s infrastructural challenges.

The body, which represents commercial and industrial real estate owners, says it is “deeply concerned” about the dilapidation of infrastructure in the city as well as the visible breakdown of essential services, and wants to collaborate with the city to ensure businesses can operate with ease and residents receive due services.

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According to the association, issues like load shedding, water shedding (and related inefficiencies), proper sewage management, corruption, and crime are at the top of its list of issues to attend to, as not doing so is costing property owners.

Read:
City of Joburg loses nearly half its water, costing billions
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Has City Power been imposing much more load shedding than required?

“The situation in Johannesburg is of deep concern to us. Many SAPOA members own and control about 90% of commercial property in the metro and are, therefore, significantly exposed to the City of Johannesburg,” Sapoa president Jackie van Niekerk said in a statement.

“As a major contributor to the city’s rates base, we understand that businesses and residents are enduring significant hardships due to the ongoing infrastructure collapse.

Read/listen:
How to fix crumbling Joburg: Host the Brics Summit
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“We are ready to collaborate with the City of Johannesburg to offer our skills and resources.

“We believe that by pooling our expertise, we can address the city’s infrastructure challenges and work towards a Johannesburg where businesses can operate fully and residents can lead secure and prosperous lives,” she added.

Crises and frustrations

The property body steps forward just as the city navigates several crises from different corners. A few months ago, the city was plagued with numerous deadly building fires in the crumbling city centre, which segued into a conversation about the safety and security of some inner city buildings. Other parts of the city have had to navigate erratic power and supply challenges, frustrating both businesses and residents.

Read:
Building fire leaves 73 people dead in downtown Johannesburg
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Excessive rate hikes by big metros unsustainable – Sapoa

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As the country’s economic hub, Sapoa says this can’t continue to be the city’s reality. According to its CEO, Neil Gopal, the body conducted a State of Infrastructure survey among industry leaders to find solutions to the city’s issues.

“The survey seeks to not only provide city decision-makers with industry sentiment but also to encourage debate with [the] South African Local Government Association on plans to create new approaches to private investment, and for the industry to assist with the necessary engineering, finance, legal, and other requisite skills which may be required at a local level,” Gopal said.

Listen/read: Joburg fire: Vigilance required to prevent inner-city decay

For the association, a “well-functioning” city is critical to attracting investments and promoting economic growth, and this is why it is open to engaging with city officials to chart a way forward.

Listen to (former) Sapoa president Malose Kekana speaking on The Property Pod (or read the transcript): 

You can also listen to this podcast on iono.fm here.

Source: moneyweb.co.za