Media Statement - 03 February 2014

The Minister of Human Settlements Ms Connie September together with the Chief Executive Officers of the country’s major banks will hold a meeting today in Sandton to discuss issues pertaining to housing. Members of the media are invited to a media conference that is scheduled to take place at:

Date: Monday, 3 February 2014
Time: 16:00
Venue: Citi Bank Offices, 145 West Street, Sandton, Serengeti Room, Ground Floor

This meeting is part of strengthening the ongoing relationships between the banking sector and government that was started by former minister – the late Mr. Joe Solvo – and continued by other ministers of Housing and Human Settlements.

"Over the next five years, the department plans to provide over a million housing opportunities to the poor, provide basic services to informal communities, and address the backlogs in sanitation. A critical objective of the department is to revitalise the housing market, and to "crowd-in” sizeable volumes of private capital to support the affordable housing market. The key question is – what else needs to be done to secure significant levels of capital to support this market?” said Minister Connie September.

Issued by the Department of Human Settlements, for more information, please contact: Vusi Tshose on 083 581 5265 . 

Press Release Date: 
Monday, February 3, 2014