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City's R45.8 Billion budget to accelerate development
ETHEKWINI Municipality’s R45.8 billion budget for the 2018/19 financial year was adopted on 31 May during the inaugural State of the City Address delivered by Mayor Zandile Gumede.

The 2018/19 budget was set against the backdrop of slow economic growth where tough choices had to be made to achieve the targeted development outcomes for the City. It was also informed by the Municipality’s long-term financial strategy with emphasis on affordability and long-term sustainability.

The draft budget was presented in various regions of the Municipality as well as to civic and religious
organisations, amakhosi and business stakeholders. The issues raised by the community and responses made during these hearings are being covered in separate detailed reports to be submitted to the various standing committees and Council. In her budget adoption speech, Mayor Gumede said job creation, skills development and the transformation of communities was being prioritised by the City. She also said that thousands of jobs will be created through infrastructure projects. “The Cornubia project will create 48 000 permanent jobs while the Illovu Auto Supplier Park will create 6 000 construction and 2 600 permanent jobs,” said Mayor Gumede.

Youth development remains a priority for the Municipality. To-date more than 10 000 youth have been assisted through internships, as artisans and plumbers, graduate work experience, learnerships and undergraduate programmes. The Youth Development Office budget has increased to ensure that visible and sustainable programmes are implemented in the City.

One of these was the successful eThekwini Youth Employability Indaba and KZN Career Expo held at the ICC recently which was attended by 30 000 young people, highlighted Mayor Gumede.
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