City of Cape Town Link

Comment on the City’s intention to incur long-term debt

<div class="ExternalClassF74F57C3E0444EBC9DD556BE1359E256"><p>We intend to incur long-term debt, and we want to hear from you.<br></p></div>

<span> <h2 class="sectHeading">About</h2></span> <p> We have received an offer from KfW, a German Development Bank, to support energy projects in our capital programme included in the City’s 2024/25 Medium Term Revenue and Expenditure Framework (MTREF). </p><p>The proposed long-term debt will be considered for approval by City Council at its meeting on 30 October 2024. </p><p>In accordance with Section 46(3) of the Local Government: Municipal Finance Management Act (No 56 of 2003), you can submit comments to the municipality in respect of the proposed long-term debt. </p><h4>Read the information statement for more information: </h4><ul><li> <a href="https://resource.capetown.gov.za/documentcentre/Documents/Forms%2c%20notices%2c%20tariffs%20and%20lists/Long-term_Debt_Information_Statement_English.pdf" target="_blank">English </a></li><li> <a href="https://resource.capetown.gov.za/documentcentre/Documents/Forms%2c%20notices%2c%20tariffs%20and%20lists/Long-term_Debt_Information_Statement_Afrikaans.pdf" target="_blank">Afrikaans</a> </li><li> <a href="https://resource.capetown.gov.za/documentcentre/Documents/Forms%2c%20notices%2c%20tariffs%20and%20lists/Long-term_Debt_Information_Statement_Xhosa.pdf" target="_blank">isiXhosa</a><br></li></ul> <span> <h2 class="sectHeading">Comment period</h2></span> <span> <div class="notification with-heading dark-copy pink bg-light-grey"><div class="graphic with-border"> <i class="info note"></i> </div><div class="desc"><h4>Please note</h4><p>The comment period closed on 30 September 2024. No late submissions will be accepted.<br></p></div></div></span><span><h2 class="sectHeading">Contact us</h2></span> <p>For more information and general enquires, contact:</p><h4>Janine Alexander</h4><p> <em>Telephone:<br> <a>021 400 5989</a><br><br>Email:<br><a href="mailto:janine.alexander@capetown.gov.za">janine.alexander@capetown.gov.za</a></em></p><h4>Hilton Robbins</h4><p> <em>Telephone:<br><a>021 400 5211</a><br><br> Email:<br> <a href="mailto:hilton.robbins@capetown.gov.za">hilton.robbins@capetown.gov.za</a></em></p>

Comment period is closed.

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