MANGAUNG TAKES THE LEAD WITH PROPERTY TRANSFER PROCESSES
PUBLISHED 21 SEP 2018
A new World Bank Group report on the ease of doing business in South Africa, that was released on Wednesday 19 September, has rated Mangaung Municipality in Bloemfontein as the best performing metro in the country. It found that South African cities continue to make efforts to improve the ease of doing business.
Mangaung Municipality in Bloemfontein was most impressive with its automated municipal processes having halved the time needed to transfer property from just over seven weeks to three weeks. As a result, Mangaung moved from lowest performer in this area in 2015 to best performer now.
The Doing Business in South Africa 2018 report, the second in the sub-national series on South Africa, analyses business regulations for domestic small and medium enterprises in nine major cities, focusing on construction permits, getting electricity, registering property, enforcing contracts and trading across borders.
Although the pace of reforms has been slow in the last three years, the report found that in the three years since the last study, Cape Town, eThekwini, Johannesburg, Mangaung and Nelson Mandela Bay implemented reforms, and that four of the reforms improved the conditions for businesses to obtain electricity, while one made it easier to transfer property.