Government spending on traditional leaders sparks controversy
Controversial R55 million spending: government’s support for traditional leaders sparks public debate and election speculation.
Government spending
Profligate spending on SA Cabinet Ministers’ freebies
The Sunday Times reports that government has spent millions of rands on the state-owned Cape Town houses of ministers of parliament.
🔒 US Fed is losing billions, wiping out profits that funded spending
Rapidly mounting red ink at the US Fed Reserve and many peers risks becoming more than just an accounting oddity.
Blueprint for a new SA, get yours now! – FMF
There are four blatantly obvious changes South Africa needs to make, post-ANC, whenever that is; and Martin van Staden shares them here.
Rule to survive, not serve – an aspiring economist’s analysis
While much has been written about the need for structural reform in the economy, it is also useful to look at where the government can cut costs.
Key assumptions and background to Medium-Term Budget
SA Treasury has worked its Budgeted figures on the assumption that the commodity price boom will be temporary, with SA’s primary export earners experiencing either growth or declines.
Currency confusion: Gauteng paid Microsoft $21m instead of R21m due to error
According to MyBroadband, Gauteng’s Department of Treasury has lost R6.8m because it paid Microsoft Ireland in US dollars instead of rands.
Is SA heading into economic crisis? Independent economist Dr Azar Jammine assesses
Dr Azar Jammine shares his opinion on whether Tito Mboweni has put together a budget that can push SA away from an economic crisis.
FULL SPEECH: 2020 Medium Term Budget Policy Statement
‘We must rebuild our economy.’ Read Finance Minister Tito Mboweni’s full 2020 Medium Term Budget Policy Statement Speech here.
Govt spending 36% of GDP – significant reductions needed, says Treasury #MTBPS
National Treasury says that, to support the stabilisation of debt, significant spending reductions are required.