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budget speech

south africa budget speech
Business

South Africa’s 2024 Budget Speech: Pivotal Moment for Economic Transformation

by Thabo Sebata
February 21, 2024

South Africa’s 2024 Budget Speech, delivered by Minister Enoch Godongwana, addressed the nation’s economic situation, government reforms, and commitment to social justice and international leadership. The speech acknowledged the obstacles to growth, but also highlighted opportunities for progress and transformation. Minister Godongwana outlined plans to tackle electricity scarcity, invest in renewable energy, transition the automotive industry to electric vehicles, and allocate resources for employment schemes and education. Overall, the budget speech provided a clear roadmap for South Africa’s economic future and demonstrated the government’s dedication to building a more prosperous and equitable nation.

politics democracy
Events

An Event of National Significance at Cape Town City Hall

by Liam Fortuin
February 20, 2024

On February 21, 2024, Cape Town City Hall hosted a momentous event, the annual Budget Speech presented by the Minister of Finance. The speech outlined the fiscal policy and financial priorities for the following fiscal year and was attended by members of the National Assembly and open to media and the public. The event highlighted the accountability and transparency of a functioning democracy, with media representatives capturing the proceedings and the public actively participating in the democratic process. It was a demonstration of democracy in action and showcased the mutual relationship between the government and its citizens.

south african parliament budget speech
News

The Parliamentary Pulse: A Comprehensive Weekly Report

by Michael Jameson
February 19, 2024

South Africa’s parliament witnessed a thriving political landscape this week with the budget speech, judicial reports, policy dialogues, committee efforts, technological advancements, and international relations. Approximately 50 committee meetings were held, contributing to the strength of South African democracy. The week was marked by significant public involvement in the legislative process and digital transformation, and international relations were also in focus as the Request for the Approval of the World Trade Organisation Fisheries Subsidies Agreement was reviewed.

south africa fiscal policy
Business

South Africa’s 2024 Financial Outlook: Unpacking the Parliamentary Budget Speech

by Thabo Sebata
February 14, 2024

South Africa’s Finance Minister, Enoch Godongwana, unveiled the country’s fiscal plan for the next year in his Budget Speech. The speech provided the framework necessary to support the government’s plans for tackling socioeconomic barriers, including the energy crisis. The Minister’s comprehensive fiscal vision for 2024 was expected to materialize through his introduction of the Appropriation Bill and the Division of Revenue Bill, which would steer parliamentary discussions in the coming months. This important event was accessible to the public and the media, allowing for democratic transparency and public participation.

north west province public works and roads
News

MEC Gaoage Oageng Molapisi Presents the 2023/24 North West Public Works and Roads Provincial Budget Vote

by Serjio Zakharoff
May 29, 2023

On May 30th, 2023, the MEC for Public Works and Roads in North West province, Gaoage Oageng Molapisi, will deliver the 2023/2024 Budget Speech. This event is a crucial part of the legislative calendar, providing an opportunity for the Department of Public Works and Roads to account for the previous financial year, share feedback, and outline their plans for the upcoming year.

south africa water scarcity
News

South Africa’s Department of Water and Sanitation: An In-Depth Analysis of the 2023/24 Budget Vote

by Serjio Zakharoff
May 16, 2023

South Africa, a waterscarce country, faces several challenges in providing its citizens with access to clean water and sanitation services. The Department of Water and Sanitation (DWS) has recently presented its budget for the financial year 2023/24, outlining its plans to address these issues. This article provides an indepth analysis of the budget speech, examining the key projects, initiatives, and future plans of the DWS.

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