PIETIE FREDERICKS YOUTH CENTRE IN PIKETBERG NEARLY COMPLETED

By Amerandi Valentyn

The long anticipated Pietie Fredericks Youth Centre in Piketberg, a R5.5 million investment project within the Bergrivier Municipal Area is nearing completion.
This project was a positive partnership between Bergrivier Municipality and PPC De Hoek, Suiderland Plase, Tip Trans and the Western Cape Provincial Government.
The purpose of the youth centre is to develop strong youth leaders for the future of the Bergrivier Municipal Area. The centre will run various programmes to physically and mentally develop young people through indoor sports, aftercare, tutoring lessons, and other skills development initiatives.
Alletta van Sittert, Manager: Strategic Services at Bergrivier Municipality, mentioned that one of the constraints as a municipality is the lack of sufficient development facilities for the youth. “The Municipality decided that the Pietie Fredericks Youth Centre would be an ideal youth development initiative.
It is for this reason that partnerships are being seeked all the time, including partnership with Provincial Departments. Furthermore, to ensure an integrated approach, youth facilities are combined with other community needs to ensure maximum utilisation and a holistic approach to the whole of society”.
Phase 1 entails the building of parts of the structure. This is expected to be completed before the end of March 2022. Local construction businesses are being given the opportunity to deliver services through out the duration of the project. Phase 2 will be primarily funded by the Western Cape Government and this will commence in April 2022.

Cart

Finansiële Nuus

News24 Business | Money questions? Answered | The defunct VAT hike and your bank fees

Maya Fisher-French explains how the VAT hike would have impacted banking fees - and why Capitec customers would have experienced a 7% fee increase. [Read More]

News24 Business | 'Finfluencers' in the spotlight as African Bank fined over TikTok post

An influencer's TikTok post labelling African Bank loans as "investments" cost the bank R700 000 in penalties. As scrutiny grows on "finfluencers" and ad transparency, it's a wake-up call for brands and influencers to follow regulations responsibly. [Read More]

News24 Business | Maya on Money | Are you married if lobola was paid?

While customary marriage is recognised, if it is unregistered, proving its validity can be complicated, especially when it comes to your finances, writes Maya Fisher-French. [Read More]

News24 Business | Money questions? Answered | Should I buy Nvidia or Tesla?

Why this is the wrong question, and what questions you should be asking, writes Maya Fischer-French. [Read More]

News24 Business | Maya on Money | How to make debt counselling more affordable

Debt counselling, envisioned as a solution for over-indebted South Africans, faces challenges like low fees, admin hurdles and uncooperative credit providers. Solutions include revising fees, using the NCT, and sharing fees across initial repayments. [Read More]

Business Tech

Domestic worker jobs suffered a big blow in the first quarter of the year, cementing a crushing 20% loss in positions since the Covid-19 pandemic.
Economists from the Bank of America say that South Africans could see interest rate relief much sooner than other finance groups have predicted.
South Africa has over 3,800 petrol stations, and one brand has emerged as the most popular among the country's busiest commuters in Joburg.
Purchasing power in South Africa has halved over the last decade, with salary increases not keeping up with inflation, while the cost of things like food, electricity and fuel have skyrocketed.
Power utility Eskom has announced that Stage 2 will be implemented on Tuesday evening, running through to Thursday.