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Gauteng’s budget adjusted by R2.4 bn – Finance MEC MamaboloMamabolo presented the Medium-Term Budget Policy Statement to the provincial legislature Thursday morning. khanya_mntambo Adjusted..... Translation..... khanya_mntambo The ANC in Gauteng, in their desperation to retain power in 2024, is appropriating all budget not yet spent or stolen and directing it to their supporters in townships & informal settlements. Using public money to finance their election campaign.
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South Africa Closes Finance Bill Loopholes to Stop CrimeSouth Africa's Finance Minister Enoch Godongwana has welcomed the passing of the Finance Amendment Bill on November 22, 2022 - to counter money laundering, as well as the financing of terrorism. This amendment aims to prevent "greylisting" - defined as a global attempt at preventing illicit funds being channelled to terror groups or organisations. The minister said this development marked a significant milestone in actions taken by South Africa to address deficiencies in dealing with money laundering and the financing of terror, that was identified by the Financial Action Task Force (FATF).
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