Why is the City of Cape Town relying on ratepayers for funding of major projects?

Why is the City of Cape Town relying on ratepayers for funding of major projects?

June 1, 2026 · 9 min

About this episode

Lester Kiewit discusses the reliance on ratepayers for funding major projects in Cape Town with Councillor Siseko Mbandezi.

Lester Kiewit speaks to the City of Cape Town’s Mayoral Committee Member for Finance, Councillor Siseko Mbandezi, to discuss the revised budget for the 2026/2027 financial year, and why ratepayers are being relied on for the funding of major projects, instead of having them financed through loans from financial institutions.   Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show.  This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily.  Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news.  Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit.  Listen…

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