Budget 2023 | Police, security agencies get billions as SA steps up war on crime | Business

The National Prosecuting Authority will receive an extra R1.3 billion to appoint 120 more employees and hire outside experts for complex cases, especially financial crimes.

More funds will also be made available to the Financial Intelligence Centre, the Special Investigating Unit and tax collection agency. South Africa is one of the world’s crime capitals, with an average of more than 80 murders committed each day, and has long been dogged by the theft of taxpayer funds. A judicial commission of inquiry set up to probe graft during former President Jacob Zuma’s nine-year rule found that government departments and state companies were systematically looted with his tacit consent.

While President Cyril Ramaphosa, who succeeded Zuma in early 2018, has identified the war on crime as a top priority, progress in addressing the scourge has been stunted by a lack of investigating and prosecuting capacity.

Considerable progress has been made in addressing the weaknesses identified by the FATF in its 2021 evaluation, including passing two key pieces of legislation, and the watchdog has been formally requested to reassess South Africa’s compliance in June, the National Treasury said.

_Business That money is going to end up in parties and big ones pockets. Nothing for the foot soldier.

_Business Just see. A whole lot of overseas business men at menlyn Maine! They’ve all got bodyguards🙈 they’re terrified!

_Business The problem is THE SNAKES’ HEAD.

_Business We all know the corrupt failed liberation movement's cadres will chow all that cash.

_Business

_Business

_Business Ahh, the usual empty talk with no action.

_Business South Africa is going down the drain because of the grant recipients who vote(Anc) for their stomach all the time.Even the RDP applicants and recipients are causing this useless movement to cling on power.Mxm

_Business Our_DA Action4SA band together and implore the international community UN to help us get rid of this mafia!

_Business Smoke and mirrors! With the ANC in charge there is zero hope of fixing this. FATFNews do not trust the mafia telling you they are not a mafia! Look at the Eskom CEO interview! The ANC is corrupt! Sanction them pls

_Business That's every day song we keep on hearing from the Anc. Liars

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Budget 2023 | Huge bailout for Eskom to come with strings attached | BusinessBudget2023 | The National Treasury will relieve Eskom of R254 billion of its debt over the next three years but has imposed far-reaching conditions, which include that it concession out some of its power stations to the private sector | News24_Business _Business And I'm wondering who will buy these power stations... And at what price? _Business There you go 😁 _Business That wasnt hard, we have been done again We saw it coming, we were nervous and now it done Brace yourself pips 😁
Source: News24 - 🏆 4. / 80 Read more »

Budget 2023's big news: Eskom debt, solar tax bonanza and tough choices | BusinessBudget2023 | This year's National Budget, delivered on Wednesday, was dominated by SA's power woes, with Finance Minister Enoch Godongwana announcing that government will take over a large part of Eskom's debt. | News24_Business _Business Thought Eskom is already owned by tgd Government? _Business Christ almighty the ANC gave fuqqd up big time _Business None of this would have happened under Capitalism, South Africa is sinking deeper into debt while there's far easier options to grow wealth and the entire economy to benefit everyone....
Source: News24 - 🏆 4. / 80 Read more »