As New York’s mayor looks beyond politics and business, how far can the billionaire push his philanthropy and urban ideas?
AFRICA has joined the urbanisation binge that the world is on, and is catching up fast. Lagos is set to be one of the biggest cities in the world soon, rivalling the likes of Tokyo and Shanghai, and our very own Gauteng megacity (if that is still the strategy for Gauteng) also fills me with awe with its sheer scale and sprawl.
We combine information on four different indicators to assess cities’ social, economic, and environmental characteristics in a global context: Gross Domestic Product (GDP) which reflects cities’ economic competitiveness; livability measures focusing on cities’ social issues such as safety, education and health; income inequality of the country within which individual cities locate; and urban populations.
After more than 10 years in the pipeline, scrapping the project could cost as much as completing it.
Cape Town Tourism is to launch a new global campaign to propel the city to the forefront of world attention after seeing more than 100 businesses in the sector closing in the past two years.
The prolonged economic downturn has had many impacts, including widespread layoffs, high unemployment, and mass foreclosures. The most jarring impact for many Americans is the realization that they are not as affluent as they had previously thought. The large homes that were once symbols of prosperity became a financial millstone once mortgage rates reset and the larger economy slowed down.
Earthquake shattered Christchurch has unveiled its vision of the future – a low rise, people-friendly “city in a garden”. The ambitious £1 billion draft plan for rebuilding the heart of New Zealand’s second biggest city over the next 20 years was developed from more than 106,000 ideas put forward by the public.