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October 2015

A

ccording to Councillor Brett

Herron, theCity’sMayoral Com-

mittee Member, Transport for

Cape Town, “When we rolled out the

first routes in the run-up to the 2010

FIFA World Cup, we never imagined

that the MyCiTi service would growat

such a pace. We are now transporting

nearly 48 000 passengers every week-

day. On average, the MyCiTi buses

cover a distance of over 1 270 000

kilometres per month and have be-

come an integral part of Cape Town.”

The City’s transport authority has

steadily rolled out routes within the

City Bowl and also to destinations

further afield, linking areas such as

Hout Bay, Imizamo Yethu, Hangberg,

Atlantis, Table View, Dunoon, Century

City, the Cape Town International Air-

port and parts of Mitchells Plain and

Khayelitshawith Cape Town’s central

business district.

The MyCiTi service consists of 31

routes, 36 stations, 500 bus stops, 466

bus drivers and more than 215 buses

operating during peak hours.

“The MyCiTi service is part of the

City’s broader strategy of investing

in infrastructure that will help drive

economic growth, development and

inclusion. Affordable, safe and ef-

ficient public transport networks are

also a critical element in breaking

down apartheid-era spatial planning,

and as such we will focus on those

communities who live far away from

job opportunities. The communities

from Mitchells Plain and Khayelitsha

have welcomed the N2 Express ring

road service,” saidHerron. The uptake

of the N2 Express service is steadily

increasing, with a total number of

84 873 passenger journeys recorded

in July 2015 – an increase of nearly

4% in comparison with the previous

month.

As far as the whole service is con-

cerned, a total of 1 325 702 passenger

journeys were recorded on MyCiTi

routes in July 2015. This is an increase

of 146 385 passengers or 12,4% in

comparison with June 2015. Despite

the roll-out of new routes and the

increase in passenger numbers, the

buses along the trunk routes arrive

on time 89% of the time.

MyCiTi carries over 31 million passengers

Since the City of Cape Town launched the MyCiTi bus routes in

the inner-city, the service has provided transport for 31,1 million

passengers.

T

ony Clarke, Managing Director

of the Rawson Property Group,

says a great many South Afri-

cans in the lower income and middle

class categories have found them-

selves in a real financial predicament,

since the 2008/2010 downturn.

Recapping on South Africa’s eco-

nomic performance since early 2000,

Lacklustre economy

Estate agents report that the vast majority of South Africans genuinely

aspire to become home owners, in reality, less than 35% are likely to

realise their ambitions within the next 10 years.

Clarke pointed out that a US$1

equalled R6,94. Today, the exchange

rate stands at R11,90 and is likely to

go through the R12 mark. The Rand’s

status against the Euro and the £ is

equally weak.

In the same period (i.e. since 2000)

Eskom charges have risen year-on-

year from 5,5% to a peak (in 2011)

of 25,8% - and now stands close to

12%, while fuel costs in that time have

quadrupled.

In circumstances like this said

Clarke, it is not surprising that South

African household debt is still equal

to over 70% of the GDP. More than

half of South Africans applying for

mortgage bonds are automatically

disqualified, due to credit impair-

ments.

“Looking at the economy right

now, it is very difficult to predict a

significant upturn within the next

three or four years. We can only hope

that this comes about in the fairly

near rather than the distant future.”

said Clarke.

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