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   South Africa: R6 Billion Allocated towards Drought Relief
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Finance Minister Malusi Gigaba says R6 billion has been allocated towards drought relief and to augment public infrastructure investment. The announcement comes as efforts are underway to declare three provinces, particularly Cape Town in the Western Province, as national disaster areas. On Tuesday, the City of Cape Town announced that Day Zero – a day when taps will be closed – has been moved t ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Incentives to Support Local Business
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Government will continue to support local companies to grow through a range of incentive packages, Finance Minister Malusi Gigaba said on Wednesday. “Government continues to support South African companies to grow and to become more competitive through incentives in the form of grants, loans and tax allowances,” said the Minister. Tabling his maiden Budget in the National Assembly, Minister Giga ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Optimism Returns to SA Economy
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: While many challenges still remain, there is a sense of optimism about the South African economy going into the future, Finance Minister Malusi Gigaba said on Wednesday. “We stand before you with a profound sense of optimism, purpose and resolve,” said Minister Gigaba as he tabled his maiden Budget Speech in the National Assembly. The Minister’s comments echoed National Treasury’s 2018 Budget Re ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Deficit Projected to Narrow to 3.5%
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Finance Minister Malusi Gigaba says government expects the budget deficit to narrow to 3.5% over the next three years. The Minister said this when he tabled the 2018 Budget at the National Assembly on Wednesday. “The consolidated deficit is projected to narrow from 4.3% of GDP in 2017/18 to 3.5% in 2020/21. “The main budget primary deficit closes over the [the next three years], helping to stab ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Higher Growth Projected for SA Economy
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: With an improved economic outlook, South Africa’s Gross Domestic Product (GDP) is projected to come in at 1% in 2018, up from the 0.7% projected last year, Finance Minister Malusi Gigaba said on Wednesday. “The 2017 GDP growth projection has been revised upward to 1%, which is higher than the 0.7% expected at the time of MTBPS [Medium Term Budget Policy Statement] last year. We are anticipating g ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: R57 Billion Set Aside for Free Higher Education
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Government will spend R57 billion on free higher education over the next three years, Finance Minister Malusi Gigaba said on Wednesday. Tabling the 2018 Budget in Parliament, Minister Gigaba said there was a reallocation in the spending framework. “The largest reallocation of resources towards government’s priorities was on higher education and training, amounting to additional funding of R57 bi ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Treasury to assist State-Owned Companies Turn the Corner
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government, Institution and HR Management
Summary: National Treasury will assist state-owned companies (SOCs) develop and implement robust turnaround strategies, Finance Minister Malusi Gigaba said on Wednesday. Tabling the 2018 national Budget in the National Assembly on Wednesday, Minister Gigaba said government recognises that the business models of some SOCs are unsustainable and that their capital structures are too reliant on debt. “To con ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Minister Gigaba Delivers 2018 Budget amid Tough Climate
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Finance Minister Malusi Gigaba’s Budget Speech has seen him make “difficult decisions” to address a revenue shortfall and to fund free higher education. An increase in value-added tax (VAT), fuel levy and a higher estate duty tax are just some of the things South Africans will be faced with this year. On the other hand, Minister Gigaba announced some relief for the poor and the working class in ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Fee-Free Higher Education Allocation Good News for Students
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government, Institution and HR Management
Summary: Higher Education and Training Minister Hlengiwe Mkhize says the announcement of an allocation to fee-free higher education is an investment in skills and the knowledge economy. The Minister on Wednesday told SAnews the multi-billion rand allocation will finally make students feel vindicated after they put themselves at risk by taking to the streets to demand free higher education. Minister Mkh ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Vulekamali Portal makes Budget more Accessible
Source: www.sanews.gov.za
Source Date: Wednesday, February 21, 2018
Focus: Knowledge Management in Government, Citizen Engagement
Summary: The Vulekamali portal, launched by Finance Minister Malusi Gigaba on Tuesday, will make information on the Budget more accessible to ordinary South Africans. The online portal presents information in a simplified format and shows members of the public how public resources are generated and used. The Minister launched the portal during a media briefing at the Imbizo Centre in Cape Town on Tuesda ... Read More
5 Views | Rated 0.0 | Created On : Feb 21, 2018
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