Nedbank's group chief economist Nicky Weimar says the only way government can ensure that SA doesn't land in a fiscal crisis would be to cut its spending and generate tax income.
Give tax breaks to drive investment in townships, says property tycoon Mike Nkuna news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
Ihlathi Estate in Cape Town helps first-time home-owners access govt subsidy iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Smart Green Buildings Spell Success for Municipal Recovery
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The world’s urban population will more than double its current size by 2050. As a result of unsustainable construction practices, buildings where urban residents live, play, and work account for almost 40% of energy-related greenhouse gas emissions.
Prioritizing green investments and smart building retrofits will help municipalities stimulate a sustainable post-pandemic recovery. A green investment strategy will create local jobs, reduce the burden on utilities, and improve government operating budgets.
An IFC analysis brings welcome news to municipalities. Building retrofits represent a $1.1 trillion investment opportunity, and could create 25 million new jobs globally by 2030. Policies to stimulate green construction could create another $25 trillion in investments in the same time span.