Plans are in place to ensure that the city is ready to deal with Covid-19 when lockdown restrictions are relaxed, Johannesburg mayor Geoff Makhubo said on Thursday.
Makhubo said a decrease in revenue was anticipated, especially because of the city's steps to provide relief to residents.
“If we don't do it, we might have companies in distress, we might have consumers in distress and our long-term sustainability as a city might be in question, so we think we must just deal with short term pain for long term benefits for the City of Johnanesburg and its residents,” Makhubo said. “There will be a discount of 10 to 50% off to 'good' citizen businesses who are up to date with their accounts.
Makhubo said a proposal to introduce grant funding of R1,000 to R10,000 per informal traders was also under way.
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