The City of Cape Town says R40 billion will be spent over the next three years on infrastructure under the Invested in Hope Budget, with 75 of this spending directly on benefitting lower-income households.
Cape Town Mayor, Geordin Hill-Lewis , says thus far, the city has successfully spent R9.5 billion in infrastructure in the 2024/25 financial year, representing 92.3 of the full year infrastructure budget.
"Safety and Security was our top-performer with a 99.7 budget spend. These funds largely went to upgrading the fire station and metro police training facility, new crime-fighting technology, new vehicles, and safety technology, such as CCTV, bodycams and digital coordination systems," says Hill-Lewis.
"The biggest rand-spender was our Water and Sanitation department with just 95 of their budget spent which is merely a massive R4 billion and that was aimed at upgrading our waste porter works, sewer pipe upgrades and replacements and adding new water sources for our city," the Mayor adds.