Tag: budget
City actions R1,6bn budget to invest in water and sanitation over next year
Over the 2022/23 financial year, which started Friday, 1 July 2022, the City of Cape Town will be investing R1,6 billion in water and sanitation infrastructure. This Council-approved budget helps secure...
Council approves R53m budget to boost Cape Town’s informal economy
The City is set to begin the implementation of initiatives to further improve conditions for those working in Cape Town’s informal economy after Council approved the Economic Growth budget.
These projects make...
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...