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Inner-City gets R2bn investment Divercity Urban Property Fund has invested R2 billion in Johannesburg CBD as part of its strategy to create thriving mixed-use inner-city precincts, promising thousands of jobs By Staff Reporter news@inner-city-gazette.co.za
C
ity of Johannesburg Mayor, Cllr Herman Mashaba said he is proud to support the Divercity Urban Property Fund’s investment of R2bn in Johannesburg as part of its strategy to create thriving mixed-use inner-city precincts. This investment, the largest in the Johannesburg CBD for some years, will be focused on the redevelopment of the iconic ABSA Towers Main building and Jewel City. Newly launched Divercity is an investment fund backed by the experience of some of South Africa’s leading property investors and developers. It is set to renew and re-energise the country’s urban centres with its unique focus on inner-city precinct development that combines commercial buildings with affordable residential space to create inclusive and diverse neighbourhoods. Its strong business case is also transformative in a uniquely South African sense. For the City of Johannesburg, the investment is an indication of investor’s renewed confidence in the potential held within the inner city. “I have long maintained that the revitalising of the inner city and turning it into a construction site of redevelop-
ment is key component in creating jobs within the Johannesburg local economy and through strategic public private partnerships, also creating affordable quality housing for residents,” Mashaba said. By working together with all sectors of society, we can progressively transform the inner city into a space where residents can live work and play. “I am delighted that the Divercity Urban Property Fund has heeded my invitations to property developers, funders, professionals and the construction industry to work with the City to redevelop the various precincts of the City. “Following a competitive bidding process, Divercity has acquired the 30-storey ABSA Towers Main building from ABSA, conditional on approvals from the Competition Commission. “The currently unoccupied building will be redeveloped into a one-of-a-kind mixed-use building, including 520 affordably priced residential rental apartments, a floor of coffee shops, restaurants and recreation space, child care facilities, a public park, integrated public transport facilities and a wealth of public art,” Mashaba explained. ABSA will also be leasing back nine floors with 10,000sqm of office space in the redeveloped building. Once completed, the development will be valued at over R400m.
City of Johannesburg Executive Mayor, Cllr Herman Mashaba. Picture: Moses Moyo/Inner City Gazette Archives The project will commence in early 2019, with ABSA expected to reoccupy the towers early in 2020. The 20 floors dedicated to residential accommodation and recreation will be launched in various phases. Besides creating an inclusive new
world-class ‘live, work, play’ environment, the project is also designed to enhance the area as a whole. As part of a wider neighbourhood development initiative, a pedestrian-friendly walkway with street furniture, lighting and art will be created from ABSA Tow-
ers Main all the way to Maboneng. This unique urban intervention prioritizes pedestrians and people of the local community above vehicular traffic. Between ABSA Tower Main and Maboneng is Jewel City, the former heart of the diamond and precious metals trade in Johannesburg, which spans six city blocks that have been closed off to the public for decades. The rejuvenated Jewel City will include an abundance of amenities such as a school, clinic, gym, parking and convenience retail as well as fast food and restaurants. Work on the Jewel City project will begin in November with the first phase of retail, commercial and residential space set to be ready by August 2019. “At least 4000 units are expected for student accommodation, small business premises and affordable accommodation for some of our poorest residents.” “This is part of Diphetogo, real change, this administration has promised residents of this City. “We believe that through the redevelopment of our 84 properties, almost 5000 temporary jobs will be created during the construction phase. “I am delighted that efforts of this administration, working together with the private sector, if finally bearing fruit for the people of our City,” Mashaba added.
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For further information Contact Boston on 011 551-2000, e-mail info@boston.co.za, visit www.boston.co.za, or Facebook.
Boston invests in South Africa’s future G rit, defined as the combination of passion and perseverance for a singularly important goal is the hallmark of high achievers. This is according to psychologist Angela Duckworth who has done in-depth studies on what makes people successful. Dr Rob Stegmann is Senior Academic in the Department of Academic Planning and Development at Boston City Campus & Business College situated in Stellenbosch, the Academic Head Office. According to Stegmann, “At Boston, we have witnessed students who have thatgrit and overcome obstacles and push through to graduate. However, there are those students that have all the ingredients for success but are precluded from achieving a higher education qualificationdue to lackof financial support”. Stegmann maintains that education is too important for the growth and development of individuals and South Africa to be hindered by financial restraints. So the team at Boston set about to create a solution that would assist all students. “We believe that gritty prospective students thatare committed to making a go at life, by applying to Boston, deserve to be given an opportunity to succeed. We needed to find a way to make that happen,” he says.
So, in the spirit of Ubuntu—a person is a person through other people—Boston has committed to partnering financially with prospective students to facilitate growth and development both personally and for South Africa as a country. Stegmann explains how this will work practically. “This investment will mean that prospective students enrolling in one of the many Higher Certificates on offer at Boston will get a chance to pursue their dreams and take ownership of their futures. Boston will invest up to a third of the fees for a Higher Certificate and students will be required to contribute the remaining fees(with flexible payment options)”. He continues, “I believe that in this programme Boston stands out as absolutely unique amongst the Higher Education providers in South Africa”. Stegmann’s passion for educating the youth shows. “South Africa’s future is too important not to make this investment. The rewards for students and society are incalculable. Research has shown that overcoming the obstacles that lack of finances pose for students pursuing higher educationmakes a significant impact on the psycho-social well-being of students and has a positive effect on the successful completion of one’s studies. In turn, the impact on
Gazette nner City
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the broader society is also noticeable; graduates who find employment not only make a contribution to the economy, but become billboards for the transformative power of education”. Grit is important to get you started, but grit alone can’t get you over the finish line. At Boston, we believe that our investment in students with an NSC (Higher Certificate endorsement) applying for any of our Higher Certificates have the grit but just need some added financial assistance to reach their dreams and make an impact on South Africa. About Boston: Boston is a multi-award winning tertiary education institution that has been around for over twenty-five years and has acquired the reputation of not just educating students in their chosen career paths but educating them for life. Boston offers many programmes and qualification options, including degrees, a postgraduate qualification, diplomas and higher certificates, occupational and short programmes, making sure there is a career option for almost every student. Boston also offers personalised support to its extensive student body, through its network of over 45 support centres in South Africa or the option to study from home or work. Boston’s holistic approach to education values the importance of “real world experience,” making life great for Boston students by opening up possibilities beyond their qualification, locally and abroad. Upon completion of a Higher Certificate, graduates may seek entry for admission to an Advanced Certificate, Diploma or Bachelor’s degree. Flexible payment plans are available. Textbooks are included in the fees, and there is no application fee.
CONTACT US: All rights and reproduction of articles, images and other items published in this publication are reserved in terms of Section 12(7) of the Copyright Act 96 (1978) and its amendments thereof. Email : info@inner-city-gazette.co.za Website : www.inner-city-gazette.com
Tel : 011 024 - 8210 011 023 - 7588 011 402 - 1977 Fax : 086 609 8601
Inner-City Gazette subscribes to the Code of Ethics and Conduct for South African Print and Online Media that prescribes news that is truthful, accurate, fair and balanced. If we don’t live up to the Code, within 20 days of the date of publication of the material, please contact the Press Ombud at 011 484 3612/8, fax: 011 4843619, or website: www.presscouncil.org.za
Dr Rob Stegmann
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Inner-city Gazette
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A 90th Birthday Tribute to Prince Mangosuthu Buthelezi Prince Buthelezi has always been a warm friend of the Jewish community, particularly in his home province, but also at a national level
O
Mangosuthu Buthelezi recently attained his 90th Birthday: Picture Supplied
n Monday 8th October at Yeshiva College in JHB, the Jewish community gathered in the hundreds, to pay tribute to the incredible Prince Mangosuthu Buthelezi, in celebration of his 90th Birthday. The SA Jewish Board of Deputies, together with the SA Zionist Federation, SA Friends of Israel, and the Office of the Chief Rabbi – hosted this event in honour of this wonderful man. Prince Buthelezi has always been a warm friend of the Jewish community, particularly in his home province, but also at a national level. Furthermore, at a time when standing up for Israel has become increasingly unfashionable, Prince Buthelezi’s staunch opposition to anti-Israel bias in the political arena, his advocacy of closer ties between Israel and South Africa, and his consistent support for a peaceful, negotiated solution to the Middle East conflict has further earned him the gratitude of the South African Jewish community. Several addresses were made, honouring Prince Buthelezi, recounting
the many times his unwavering support was received, and the friendships and experiences that have grown throughout the years. This included a welcome by Avrom Krengel (President of SAZF), followed by Chief Rabbi, Dr Warren Goldstein who delivered a Dvar Torah, and Shaun Zagnoev (Chairman of SAJBD). Ben Swartz (Chairman of SAZF), also addressed the Prince, recalling the inspiring moments they all shared on their trip to Israel, in 2014. “Ambassdor Lior Keinan brought greetings from Israel, stating that “You have a place of honour not only in South Africa, but in Israel, too”. Rabbi Avraham Tanzer (Glenhazel Shul and Rosh Yeshiva) presented the Prince with a Menorah – representing the light unto which he brings to the nation. And together with the grade one pupils, everyone sang Happy Birthday and rejoiced this milestone. The man of honour, Prince Buthelezi, then took to the podium, and addressed the welcoming and engaged audience. “From the start, I
disagree with the decision taken by the ANC to downgrade South Africa’s embassy in Israel. It is short-sighted and regressive. Moreover it stands in opposition to our country’s role as a mediator for peace.” This very statement was met with loud applause. He then regaled his long and undivided friendship with Jewish familes, such as Arnold and Rosemary Zulman and Dr Mosie and Helen Suzman, whom opened their homes and hearts to the Buthelezi family during the Apartheid struggle. Towards the end of his speech, Prince Buthelezi unappologetically said,
“I have no shame in telling the truth about Israel or about my friendship with the Jewish community. Indeed, I am proud”
The audience was left in awe, but such a great, yet humble man. Happy 90th Birthday, Prince Mangosuthu Buthelezi. It is an honour and privelage to call you a friend. this article first appeared on sazionfed
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“We can win the War against drugs if we work together” - Malobane “... the communities of Gauteng are taking charge of their safety”
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By Moses Moyo mosesmoyo@icloud.com
T
he Gauteng MEC for Community Safety, Sizakele Nkosi-Malobane has urged Gauteng communities to work together with Law Enforcement Agencies to root out drugs in their respective communities. The MEC made the call on Tuesday morning during her visit to communities of Berea, Yeoville and Hillbrow. Her forced visit follows a three day protest by residents of Hillbrow and Berea who blocked and Barricaded the Drug spot at the corner of Oreily and Five street On Monday evening residents stormed a block of flat they suspected to be storing drugs, in the process community members confiscated a huge quantity of drugs. Residents refused to Handover the Drug to Police from Hillbrow police station citing that they have lost faith in the police. “A resident who wished to remain anonymous told the Inner City Gazette that they requested MEC Malobane to be part of the official handover of drugs as a strategy - so that when Hillbrow burns she can’t claim not having been aware. The MEC held a meeting with the local community leadership as well as social partners in the fight against crime in Berea and Hillbrow policing precinct. The MEC applauded the work of the community members in confiscating drugs and pleaded with them to work together with the police to fight the scourge of drugs which has reached unprecedented levels in the province. The South African Police Narcotic unit were available to accept drugs led by the MEC. The quantity of the drugs and amount was not determined at the time since the forensic investigators were taking the drugs for analysis. “I am delighted that finally the communities of Gauteng are taking charge of their safety. The confisca-
Residents refused to handover the drugs to Police from Hillbrow police station citing that they have lost faith in the police.
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Gauteng MEC for Community Safety, Sizakele Nkosi-Malobane addresses residents of Hillbrow/Berea during the handover of confiscated drugs. Pictures Moses Moyo
tion of drugs by community members is an indication that community members want to root out the scourge of drugs in their respective spaces. “It is important that we commit all our resources and encourage our communities to rally behind the police in fighting the demon that is terrorizing our nation. We cannot allow drug lords to walk our streets and instill fear amongst ordinary citizens.
“I have instructed the crime intelligence team to work around the clock to ensure that all suspects linked with drugs are arrested and ensure maximum sentenced imposed on them. “I call upon members of the community who might have information on some of these drug lords to report them to the authorities,” said MEC Nkosi-Malobane while addressing the residents.
Community members show the confiscated drugs after the successful raid.
Community members conduct a peaceful protest against drugs
11 - 18 October 2018
Inner-city Gazette
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ransnet / safa school identifies talented young football players from rural and underprivileged communities and prepares them for a professional career on the football field. Each year, 120 high school boys from across South Africa attend the school where they receive a holistic education that focuses on academic skills, life skills and football development. Since the academy’s inception, over 2000 play-
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