Tag: budget
Cape Town’s salary budget covers up more than it reveals
When the City of Cape Town’s mandarins produce their annual budget for public comment to draw attention to their commendable openness, transparency, and devotion to the interests of the ratepayers –...
Tax on booze, fuel & cigarettes hiked while income tax stays put
The 2021 annual budget speech by the finance minister took place in Cape Town on February 24 2021. All eyes were on Tito Mboweni as South Africans were looking forward to...
Emergency budget misses the mark for SMEs
Traditional bank lending is inadequate to support small businesses
There was little in the supplementary budget for small and medium enterprises (SMEs) to cheer about, according to Guy Hosking, Chief Financial Officer...
South Africa’s budget deficit, debt seen widening as virus hits economy
South Africa’s budget deficit is projected to widen sharply while debt is seen ballooning significantly, the Treasury said on Wednesday, as the COVID-19 pandemic further stifles the recession-hit economy.
In a supplementary budget in response...
How to stretch your Rands and cents in these trying times
The current economic environment coupled with further challenges of income instability that COVID-19 brings requires consumers to cultivate good money management habits, focus on essentials, curb unnecessary spending and pay of...
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Case Study: French company solve hose problems transferring delicate fluids
FRANCE based Oril Industrie produces nearly 2 000 tons of active ingredients per year which are used in prescription medication in the fields of cardiology,...
