JOHANNESBURG - MEC for Finance in Gauteng Jacob Mamabolo said the province's budget has been adjusted by R2.4 billion.Mamabolo said the additional R2.4 billion will bring the adjusted budget to R155 billion for the current financial year, up from R152 billion in March.
This includes economic recovery and reconstruction, strengthening the battle against crime and corruption, as well as strengthening state capacity. An additional R173 million has been allocated to Community Safety, while an additional R100 million has been allocated to Human Settlements. “This is important if we are to retain our position as the preferred destination for investment and as one of the leading economies,” he said.
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.
khanya_mntambo Adjusted..... Translation.....
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New finance laws for South Africa get the green lightFinance minister Enoch Godongwana has put forward new laws to deal with money laundering and financing of terrorism by the Financial Action Task Force (FATF) and the risk of greylisting – among other things.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
SA is negotiating more green finance with new nations | BusinessSA is in talks with additional nations to help it cut reliance on coal, according to Environment Minister Barbara Creecy. | News24_Business _Business And then what must happen to all this 'free' coal God has given us for our survival? We do not have money to explore these new avenues. However, we do have a lifetime supply of coal. Can we not find ways to utilize our coal in a manner that is not harmful but beneficial to us? _Business Ai man. How South Africa has become so pathetic. Cow towing to their masters and cutting our legs off. _Business Said while the country is literally in darkness. Isn't coal the only thing keeping the lights barely on at the moment I think yes...
Source: News24 - 🏆 4. / 80 Read more »
Nigeria: 2023 - Senate Summons Finance Minister Over Unexplained U.S.$464 Million In Ministry's BudgetThe Senate committee says the finance minister should appear with details and plans for the allocation made despite the country's dwindling revenue and struggling economy.
Source: allafrica - 🏆 1. / 99 Read more »
South Africa: Amendment to Finance Bill Welcomed - South African News Briefs - November 23, 2022
Source: allafrica - 🏆 1. / 99 Read more »