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South Africa’s rising cost of funding concerning -S&P

31 March 2021 by Con Tributor

Johannesburg, Gauteng, South Africa in the news:

  1. South Africa’s rising cost of funding concerning -S&P: South Africa’s rising long term bond yields and the related cost of government borrowing remain a concern, ratings firm S&P Global said in its second quarter economic outlook for emerging markets. The … – “Johannesburg” – BingNews
  2. Tackling the Lions: South Africa have not played a Test in over 500 days – so what kind of team will they pick?: We assess which fresh faces might break into the squad, plus how the Boks will fill the gaps in their matchday 23 and prepare for the Lions … – “Johannesburg” – BingNews
  3. Ismail Ganiu deserves a place in the Black Stars – GFA Technical Director: Technical Director of the Ghana Football Association, Bernhard Lippert has hailed the performances of Ismail Ganiyu and Gladson Awako as the two home-based players made their debut for the Black Stars … – “Johannesburg” – BingNews
  4. Cape Town’s Harbour Arch development is set to create 20 000 jobs: Absa has partnered with Amdec Group, a South African developer of new urban precincts, to develop the first tower of the Harbour Arch project, a R15 billion private equity investment, on the Foreshore … – “Johannesburg” – BingNews
  5. Breaking: Ntseki sacked as Bafana head coach: it is just administrative things that are outstanding,” confirmed South African Football Association Chief Executive Officer Tebogo Motlanthe at a press conference in Johannesburg. – “Johannesburg” – BingNews

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Did you know this about Johannesburg? The Rissik Street Post Office was built in 1897, having been designed by the architect Sytze Wierda. The Post Office was at one time the tallest building in Johannesburg. The Post Office became a national monument in 1978, and it remained in operation until 1996 when the South African Post Office vacated the building. The monument was gutted by a fire in 2009. The old City Hall is opposite the Post Office in Rissik Street.

Category: NewsTag: Africa’s, concerning, cost, Funding, Rising, South

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The Randlord Mansions: History

The history of these mansions is also a story of urban warfare and preservation. In the 1960s and 70s, as Johannesburg expanded, many of the original Parktown estates were ruthlessly demolished to make way for the M1 Highway and the massive concrete campus of the Wits University Medical School. The “Parktown War” saw heritage activists fighting the bulldozers to save what remained of the city’s architectural soul. Today, several of the surviving mansions serve as corporate headquarters, schools, or museums, stripped of their private domesticity but preserved as monuments to a gilded age.

Interestingly, these mansions also played a secret role in the city’s political evolution. It was in the drawing rooms of Parktown that the “progressive” mining elite would meet to discuss the future of the country, often finding themselves at odds with the more conservative Boer government. Lady Florence Phillips, in particular, used her influence to found the Johannesburg Art Gallery, insisting that a world-class city needed world-class culture, not just gold bars. Today, walking the “Heritage Trail” through Parktown offers a haunting contrast; you stand in the quiet, manicured gardens of the victors, looking down at the pulsing, crowded city that their gold mines created. It is the ultimate “view from the top,” a reminder that the extreme wealth of Sandton today has its DNA rooted in the stone-and-timber palaces of the 1900s.

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