Tag: budget
Despite catastrophic national failures, the Western Cape is the hope for South Africa
As we near the end of 2023, we reflect on the highs and lows of the past year. Our province and country have been made to endure another challenging year, as...
MTBPS2023: Public sector wage bill killing growth and hope
Responding to the Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister, Enoch Godongwana, Premier Alan Winde and provincial Minister of Finance and Economic Opportunities, Mireille Wenger, expressed their dismay at...
MTBPS2023: Service delivery above more debt servicing
Ahead of the Medium-Term Budget Policy Statement, to be delivered by Finance Minister, Enoch Godongwana Wednesday, 1 November, Western Cape Premier, Alan Winde, and provincial Minister of Finance and Economic Opportunities,...
Cape Town breaks all-time record for municipal infrastructure spending
Cape Town Mayor Geordin Hill-Lewis has announced that the City of Cape Town has broken its all-time infrastructure spending record, surpassing the FIFA World Cup infrastructure investment in the City to...
Almost R200m boost for Cape Town’s economic sector development, R2,4 bn for human settlements...
As part of the City’s Council-approved budget for 2023/24, the City has allocated close to R200 million on various programmes aimed at assisting all sectors and levels of the economy from...
Cape Town tables by far the largest infrastructure budget of all metros
Cape Town Mayor Geordin Hill-Lewis has announced that Cape Town will outpace all other cities on infrastructure investments. The City is set to invest more in infrastructure than Johannesburg and Durban...
Mayor Hill-Lewis tables Cape Town’s ‘Building Hope’ Budget for 2023/24
Cape Town Mayor Geordin Hill-Lewis tables Cape Town’s ‘Building Hope’ Budget for 2023/24, with the draft now open for public participation until 5 May. The Budget centres on a record R10,9...
Analysing South Africa’s 2023’s budget expectation’s with PWC South Africa
By Mzwandile Mamaila, Cape Business News Journalist
THE PwC South Africa 2023 National Budget Predictions took place on the 15th of February. Chief Economist of PwC South Africa, Lullu Krugel, highlighted South...
Broadly as expected, but risks persist
Overarching fiscal intent unchanged: The 2023 budged reiterates government’s commitment to debt stabilisation and a primary surplus. The key features of the fiscal forecasts matched our expectations – specifically, government debt...
Why South African consumers should care about the upcoming budget speech
There are several factors that are affecting consumers, from high interest rates, higher food prices, loadshedding and higher fuel prices. Therefore, the national budget is an opportune time for consumers to...
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Cape Chamber welcomes Western Cape inter-governmental dispute amidst investor uncertainty
Mr Jacques Moolman, President of the Cape Chamber of Commerce & Industry.
The private sector is facing a new epidemic of uncertainty prompted by Government...
