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You are here: Home / Archives for Budget

Budget

29 October 2024

100 days in office: Labour Minister focuses on job creation, improved services

Location: News

100 days in office: Labour Minister focuses on job creation, improved services

Employment and Labour Minister Nomakhosazana Meth says her first 100 days in office signify not an "endpoint" but rather the beginning of numerous initiatives aimed at better serving clients and the country as a whole.

In addition, Meth said her department was consumed by fulfilling the mandate of job creation and protection of vulnerable workers.

The Minister was speaking at the Cape Town Labour Centre, where she was unpacking the first 100 days in office following the establishment of the Government of National Unity (GNU). 

“We are seized with the mammoth task of changing the trajectory of our economy into one that resonates with the resolve of the GNU to nudge actions that will advance the three priorities.” 

These, she said, include driving inclusive economic growth and job creation, reducing poverty and tackling the high cost of living, and building a capable, ethical and developmental State. 

Meth said they hit the ground running with the Deputy Ministers getting acquainted with the department, and strengthening cooperation with organised labour, organised business, social partners and civil society.

The leaders have also been participating in parliamentary processes, and ensuring accountability to the Portfolio Committee, Cabinet and Cluster Committee meetings. 

The last three months have also been characterised by the Strategic Plan 2025/2030 of the department, which sets out the GNU strategic priorities and principles espoused by the statement of intent of the GNU.

Inspections and enforcement activities

Meth took the time to delve into the role of inspection and enforcement, saying these were critical to safeguarding workers' rights, ensuring compliance with labour laws and upholding fair practices. 

According to the Minister, the department has jointly conducted more successful inspections, leading to 81 arrests of employers and undocumented immigrants.

The high-impact inspections and compliance raids targeted the hospitality, road and freight, textile, car manufacturing, and farming sectors, as these have high non-compliance with labour laws. 

“During these inspections, we addressed non-standard employment practices that render workers vulnerable. We contributed to job preservation by ensuring that employed individuals enjoy the protection of their rights, which in turn enhances productivity and economic growth,” Meth said.

She announced that 17 662 national inspections were conducted during this period. 

Out of the 17 662 inspections, 12 195 workplaces were compliant, while 5 494 workplaces were found to be non-compliant, with enforcement notices issued as a result.

TERS budget

Meth said during this period, there was an increase in the budget for the Temporary Employer-Employee Relief Scheme (TERS), from R400 million to R2.4 billion for the current financial year. 

“This significant boost aims to shelter companies in distress and prevent employee layoffs amid unstable economic conditions.”

Meth was of the view that the increase in the TERS budget was a proactive response to volatile economic trends that threaten the livelihoods of impoverished workers and the sustainability of businesses. 

“Our goal is to preserve jobs and support companies facing financial difficulties. Furthermore, increasing the scheme's capacity aims to reduce the risk of further retrenchments and support economic stability.”

During the COVID-19 pandemic, R65 billion was made available for TERS.

Meanwhile, Meth said Phase 3 of the “Follow the Money” project started in October 2024.  
The project aims to verify the payment of R65 billion to 215 companies under the COVID-19 relief scheme.

To date, Meth said the project has recovered R1.2 billion since inception. 

“Initially, the aim was to verify 50% of the amount paid, and now we want to verify the entire amount. Consequently, 27 audit firms have been appointed, and Phase 3 commenced in October 2024."

Ninety-six fraud cases were identified, 40 were presented to the court, and all were finalised. The highest conviction was 20 years of direct imprisonment. – SAnews.gov.za

 

Gabisile
Tue, 10/29/2024 - 15:17

162 views
Read more100 days in office: Labour Minister focuses on job creation, improved services
29 October 2024

Teacher Posts: Western Cape Education Department Quizzed in Parliament

Location: News

“We’re not retrenching teachers. We’re reducing posts,” says WCED head

Read moreTeacher Posts: Western Cape Education Department Quizzed in Parliament
29 October 2024

Opposition to Open Cast Coal Mining in Midvaal

Location: News

For years residents have been objecting to the Springfield and Vlakfontein mining project

Read moreOpposition to Open Cast Coal Mining in Midvaal
29 October 2024

CoGTA, Treasury work together on disaster relief funding

Location: News

CoGTA, Treasury work together on disaster relief funding

The Department of Cooperative Governance and Traditional Affairs (CoGTA) and National Treasury are working together to explore new funding mechanisms, as the country experiences more disaster events.

On Monday, CoGTA Minister Velenkosini Hlabisa announced that a funding request has been submitted to Treasury to support affected groups and organisations with the reconstruction and rehabilitation of damaged infrastructure.

“We acknowledge the challenges faced by the country in funding disaster interventions, mainly due to increased disaster damages, fiscal deficit and competing priorities.

“The Department of Cooperative Governance and Traditional Affairs is currently engaging National Treasury on other funding mechanisms to ensure sustainability,” the Minister said.

He assured those affected and South Africans generally that government remains committed to partnering with local and national entities to strengthen disaster preparedness and response, and rebuilding communities.

Hlabisa was speaking during a media briefing in Pretoria, where he focused on South Africa’s readiness for the upcoming summer season and disaster preparedness.

He said the Finance Minister will announce a substantial allocation to grants to deal with past disasters, at the municipal and provincial levels, when he tables his Medium-Term Budget Policy Statement on Wednesday.

“... After that, we will give details in as far as the funding that will be available, and how it will be allocated,” said Hlabisa.

The Minister highlighted the devastating floods in the Eastern Cape and KwaZulu-Natal recently, which led to significant displacement and loss of life.

He said relief measures are being implemented, including housing for displaced households and food assistance.

The Minister said communities, infrastructure and the economy face significant threats from natural hazards such as floods, heat waves, wildfires and droughts.

“While the pressing realities of climate change have exacerbated some of these risks, others are unfortunately man-made, stemming from unsustainable practices and inadequate planning. We believe that recognising these risks is the first step towards addressing them comprehensively.”

Hlabisa acknowledged that emerging hazards require attention, and that the National Disaster Management Centre is working around the clock to mitigate the effects.

“Given the continued negative impact of these hazards on the lives of South Africans, we understand that it cannot be business as usual. We understand that we must act decisively to safeguard the wellbeing of all citizens and protect our vulnerable communities.”

The implementation of relief measures is underway in all the affected areas, particularly in the Nelson Mandela Bay Municipality, which is one of the most affected.

These relief measures, Hlabisa said, are a collaborative effort by organs of the State, the private sector, and non-governmental organisations. The measures include housing of displaced households in temporary evacuation facilities, providing hot meals, food parcels, blankets and mattresses, as well as psychosocial support to the affected.

In addition, the Minister said assessments are underway to establish the extent of the damage and required interventions.

CoGTA has been working tirelessly with disaster management structures, including the Provincial Disaster Management Centre, to coordinate the response efforts to the recent heavy rains.

“We are also working closely with municipalities, the provincial government and other stakeholders to ensure that affected communities receive the necessary support, including food, shelter, and other essential services. 

"The department will continue to monitor the situation and support affected communities.” – SAnews.gov.za

Gabisile
Mon, 10/28/2024 - 13:55

48 views
Read moreCoGTA, Treasury work together on disaster relief funding
28 October 2024

Government Must Protect Legitimate Srd Grant Applicants, Say Activists

Location: News

Universal Basic Income Coalition say fraudulent applications only represent a “small proportion of applications”

Read moreGovernment Must Protect Legitimate Srd Grant Applicants, Say Activists
28 October 2024

Government activities for the week 28 October – 01 November 2024

Location: News

Government activities for the week 28 October – 01 November 2024

On Monday, 28 October, the Minister of Public Works and Infrastructure, Dean Macpherson, will launch an Expanded Public Works Programme (EPWP) listening tour in Gqeberha, Eastern Cape.

Also on Monday, Deputy Minister in the Presidency, Nonceba Mhauli to deliver an address at the UNDP Just Energy Transition and youth employment roundtable discussion.

On Tuesday, 29 October, Minister of Tourism, Patricia de Lille, will officially launch the Summer Campaign in Bloemfontein at the De Oude Kraal Country Estate, N1 South Bloemfontein.

Also on Tuesday, the Presidential Climate Commission in conjunction with the Department of Water and Sanitation will host a high-level 3 Sector Climate Adaptation Readiness in South Africa’s Water Value Chain Workshop in Pretoria.

On Wednesday, 30 October, Minister of Finance, Enoch Godongwana will present the 2024 Medium Term Budget Policy Statement (“2024 MTBPS”) to Parliament.

On Thursday, 31 October, no confirmed events.

On Friday, 01 November, no confirmed events.

 

Neo
Mon, 10/28/2024 - 11:02

71 views
Read moreGovernment activities for the week 28 October – 01 November 2024
27 October 2024

Food poisoning incidents not related to school nutrition programme

Location: News

Food poisoning incidents not related to school nutrition programme

The Department of Basic Education says it is concerned at the increasing reports of food poisoning involving children of school-going age.

“These incidents of food poisoning have disrupted teaching and learning as the majority of the cases affected learners during school hours. As a result, school time has been directed towards assisting the affected learners with medical attention,” the Department of Basic Education said in a statement.

In addition, the psycho-social impact of such incidents continues to have negative effects on both the learners and teachers. 

The department said schools and communities in general are places where young children should feel and be safe. 

“In all the cases the learners have consumed items bought from vendors and spaza shops in and around schools. The Department of Basic Education appreciates the work being done by various government departments and other organs of state to address the matter,” the department said. 

It said although some media reports have incorrectly attributed the food poisoning incidents to the National School Nutrition Programme, no evidence has been found in this regard.

The National School Nutrition Programme is a key government programme aligned with the National Development Plan 2030 to address hunger, malnutrition and micronutrient deficiencies. 

“It is a key pillar of Care and Support for Teaching and Learning (CSTL) that seeks to address barriers to teaching and learning, to enhance the learning capacity and give access to education for learners in targeted public primary, secondary and identified special schools. 

“The programme provides nutritious meals to 9.7 million learners on school days. The total budget is R9.8 billion allocated for the 2024/25 financial year,” the department said. 

The department emphasised that there is strict adherence to five basic hygiene practices which are:

  • Keep clean,
  • Separate cooked and raw food,
  • Cook thoroughly, 
  • Keep food at a safe temperature, and 
  • Use safe water and raw materials. 

“With the use of these basic principles the system is able to provide safe healthy meals to more than nine million learners daily without an incident that threatens lives,” it said.

According to the department, the media reports highlight a greater number of allegations that hundreds of school children suffer from food poisoning and increased incidents of hospitalisation. 

“It must be made clear that many incidents experienced relate to food items bought through informal vendors. The other major factor is that school camps, tuck shops or vendors do not align with NSNP food basket and guidelines due to shifted area of responsibility. 

“In order to address this, the School Governing Body and School Management Teams should play a leading role in ensuring that healthy food snacks and beverages are sold to learners,” the department said.

While the school has no jurisdiction over the street vendors, the school community should make an effort to keep a database of individuals selling food and beverage items on or near the school premises. 

“This means that the entire community where the school is located should take responsibility for the wellbeing of its children, especially if the items consumed are sold outside school premises. 

“The school should offer to hold meetings with school-based tuck shop operators on the nutritional value of different products being sold.”

The department urged parents, guardians and caregivers to be on high alert and to monitor the food items children consume and most importantly to verify the source of such items.

It conveyed condolences to the families of the children who have passed away as a result of consuming poisoned food items.  

Communities are encouraged to report suspected cases of poisoning to the municipality and the South African Consumer Goods and Services Ombudsman on 0800 029 999. – SAnews.gov.za

 

Edwin
Sun, 10/27/2024 - 11:46

58 views
Read moreFood poisoning incidents not related to school nutrition programme
25 October 2024

Next Week’s Budget: Posts for Teachers in the Spotlight

Location: News

Some provinces hope for funding for teachers, others are less optimistic

Read moreNext Week’s Budget: Posts for Teachers in the Spotlight
25 October 2024

Packaging Companies Flout Rules on Waste Picker Payments

Location: News

Waste pickers collect, sort and transport most of our recyclable waste, and regulations say they be must paid for their services

Read morePackaging Companies Flout Rules on Waste Picker Payments
24 October 2024

Gauteng central hospitals operating beyond capacity to treat cancer

Location: News

Gauteng central hospitals operating beyond capacity to treat cancer

Gauteng, with a population exceeding 15 million, faces the highest burden of cancer care in the country and the province’s central hospitals were not originally designed to handle the current patient load.

The central hospitals are operating beyond their capacity in providing both cancer treatment and overall healthcare services.

These are the findings of a detailed evaluation of oncology services in Gauteng, undertaken by the Health and Wellness Portfolio Committee.

The Health and Wellness Portfolio Committee, consisting of members from various political parties in the provincial legislature, recently conducted a focused study to assess the pressure points and operational efficiency of oncology services throughout Gauteng.

The visits conducted this week included Dr George Mukhari Academic, Steve Biko Academic, Charlotte Maxeke Johannesburg Academic, and Nelson Mandela Children’s Hospital.

According to the committee, this initiative provided a deeper understanding of the complex challenges involved in delivering cancer treatment and care within the public healthcare sector. 

“Contrary to perceptions, oncology services require sophisticated coordination, far beyond what is often assumed,” the statement read. 

The committee said oncology services at these central hospitals extend not only beyond the province but also across national borders, offering highly specialised care that is difficult to replicate at tertiary and district hospitals, which often lack essential surgical, diagnostic, and pathological capabilities. 

“Consequently, these hospitals face a high volume of referrals from other provinces, such as North West, Limpopo, and Mpumalanga, further straining an already overburdened system.” 

The team also found the bed allocation becomes increasingly complex as they accommodate patients from outside Gauteng.
Additionally, the backlog is exacerbated by the significant number of foreign nationals seeking cancer treatment and other healthcare services in these facilities. 

According to the statement, Charlotte Maxeke Academic Hospital currently owes over R700 million, while Steve Biko Academic Hospital has a bill exceeding R400 million for the treatment of foreign nationals. 

This situation further intensifies the financial strain on the system.

Human resource planning

The committee also observed that the human resource planning for oncology services is outdated and does not meet the growing demands of Gauteng’s population. 

“This mismatch has led to significant pressure on healthcare professionals, with unfavourable staff-to-patient ratios affecting service delivery.”

In addition, there is a critical shortage of oncology, radiology, and other specialised healthcare workers, compounded by the private sector’s ability to offer more competitive compensation for these sought-after skills. 

They also discovered that there was a shortage of specialised nurses in the operating theatres and intensive care units (ICU).
“These nurses play a crucial role in the value chain of cancer treatment and care.”

The team has since urged the National Department of Health to fast-track the approval and implementation of revised staffing plans, already proposed by hospitals, to address these shortages.

“While the committee recognises the budget constraints caused by austerity measures, addressing the critical need for specialised personnel must remain a top priority to meet growing healthcare demands.” 

Infrastructure needs 

Gauteng historically had only two main radiology centres. However, the committee said they were encouraged that Dr George Mukhari Hospital is advancing plans to construct an additional oncology facility. 

The committee believes that once the facility is completed, it will relieve pressure on existing services and enhance treatment capacity for cancer patients. 

“However, it is essential to ensure that infrastructure expansions are matched by an increase in specialised personnel to operate the facility effectively.” 

The committee stated that they will closely monitor the project’s progress to ensure it meets deadlines and improves access to care.

“The committee now fully understands the multi-faceted factors contributing to the backlog in oncology services. The entire value chain – from diagnosis to treatment – requires a coordinated approach, guided by clinical guidelines.” 

As the National Health Insurance (NHI) implementation progresses, they said it was expected that greater cooperation and system improvements would help address some of the current challenges in the healthcare sector.

“We remain committed to supporting Gauteng’s healthcare system and will continue working with the Department of Health to tackle these challenges. 

“Our goal is to enhance oncology services, ensuring all patients receive the high-quality care they deserve, despite the complexities involved in providing such specialized treatment,” said Health and Wellness Portfolio Committee Chairperson, Advocate Ezra Letsoalo. – SAnews.gov.za
 

Gabisile
Thu, 10/24/2024 - 11:32

76 views
Read moreGauteng central hospitals operating beyond capacity to treat cancer
24 October 2024

Call for global investors to register for post MTBPS engagement

Location: News

Call for global investors to register for post MTBPS engagement

Global investors, who wish to participate in engagements on the Medium-Term Budget Policy Statement (MTBPS) after it has been delivered by the Minister of Finance, have been encouraged to register for the roadshows that will be led by National Treasury.

Finance Minister Enoch Godongwana will present the 2024 Medium Term Budget Policy Statement (2024 MTBPS) to Parliament on Wednesday, 30 October 2024.

“The Republic of South Africa, rated Ba2/BB-/BB- (Moody’s/S&P/Fitch) has mandated Absa and J.P. Morgan to arrange a Global Investor Call (GIC) and a non-deal domestic roadshow to engage investors post tabling the MTBPS,” National Treasury said on Thursday.

The GIC is scheduled for Wednesday, 30 October 2024 at 16:00 SAST / 14:00 GMT / 10:00 EST, followed by a series of in-person fixed income investor update meetings in Cape Town on Thursday, 31 October 2024, and Friday, 1 November 2024, and in Johannesburg on Monday, 4 November 2024. Absa will be arranging logistics. 

The GIC and investor meetings will be led by the National Treasury Director-General, Dr Duncan Pieterse, and will be supported by senior officials.

The in-person international investor meetings will commence in New York on Monday, 18 November 2024, and in Boston on Tuesday, 19 November 2024, followed by investor meetings in London on Thursday, 21 November 2024, and Friday, 22 November 2024. J.P. Morgan will be arranging logistics. 

This is part of National Treasury’s regular post-Budget and MTBPS investor engagements.

The link to pre-register for GIC is https://www.netroadshow.com/events/login?show=b14749a4&confId=71747.
- SAnews.gov.za

 

nosihle
Thu, 10/24/2024 - 11:53

54 views
Read moreCall for global investors to register for post MTBPS engagement
24 October 2024

Lottery Board Vindicated by Legal Opinion

Location: News

The National Lotteries Commission was correct to return money to Treasury

Read moreLottery Board Vindicated by Legal Opinion
23 October 2024

Minister Says Social Grant Flaws Found by Students Will Be Investigated Within 30 Days

Location: News

Stellenbosch teenaged students present their findings to Parliament

Read moreMinister Says Social Grant Flaws Found by Students Will Be Investigated Within 30 Days
22 October 2024

National Treasury explains details of GFECRA settlement agreement

Location: News

National Treasury explains details of GFECRA settlement agreement

The National Treasury has sought to clarify the details of the Gold and Foreign Exchange Contingency Reserve Account's (GFECRA) new settlement agreement.

In the 2024 Budget Review, Treasury announced a reform to the settlement framework for the GFECRA.

The Minister of Finance and the Governor of the South African Reserve Bank (SARB) signed a new GFECRA settlement agreement in June 2024.

The agreement allocates funds across three “buckets,” with the first bucket being allocated to GFECRA to retain sufficient funds to absorb exchange rate swings.

“Failure to do so would create an obligation for the National Treasury to cover exchange rate losses. In terms of the agreement, a R250 billion distribution will be made from the GFECRA.

“Of this amount R100 billion was paid into a second bucket for the SARB contingency reserve account, to ensure the central bank’s solvency and to pay sterilisation costs to neutralise the interest rate impact,” National Treasury said on Tuesday.

The balance of R150 billion will be paid to the National Treasury in tranches of R100 billion (2024/25), R25 billion (2025/26) and R25 billion (2026/27).

“This will be used to reduce government’s borrowing and therefore the growth in the stock of debt. The impact of the GFECRA settlement on the budget was presented in Table 7.2 of the Budget Review – financing of national government gross borrowing requirement – and disclosed over the medium-term as a balance sheet transaction reducing the borrowing requirement.

“The treatment of the transaction will remain the same in the 2024 Medium Term Budget Policy Statement (MTBPS), as well as in future budget publications. The distribution from GFECRA (R250 billion) is recorded as a return on an investment, which is a balance sheet transaction.

“This is not recorded as revenue of government. Funds are paid from the SARB into governments bank account (the National Revenue Fund) and from this account the cash is used to pay government’s commitments and to provide for the contribution to the SARB contingency reserve account (as required in terms of GFECRA Defrayal Amendment Act, Act no 27 of 2024),” National Treasury said.

Flow of funds

To comply with both the requirements of the Public Finance Management Act (PFMA), Act no 1 of 1999 and the GFECRA Defrayal Amendment Act, Act no 27 of 2024, the flow of funds for the SARB contingency reserve account of R100 billion, requires a payment into and withdrawal from the National Revenue Fund (NRF – the bank account of government).

“However, this does not imply that the amount is recognised as revenue, as it remains a balance sheet flow. In other words, government converts the GFECRA investment into cash (in the NRF), which is then used to fund the SARB contingency reserve. All these transactions are recorded on the balance sheet.

“In the monthly Statement of National Governments’ Revenue, Expenditure and Borrowing published in terms of section 32 of the PFMA, the cash flow position of government is presented in tables 1 to 4 of the release.

“In these tables, which presents the flows into and withdrawals from the bank account (NRF) of government, the R200 billion received from the SARB is shown as Exchequer revenue (the cash receipt) and the payment to the SARB as a departmental requisition of R100 billion,” National Treasury said.

This means that R200 billion in cash from an investment was received into the bank account of government, of which R100 billion was requisitioned by the Department of the National Treasury to contribute to the SARB Contingency Reserve Account.

“The balance of R100 billion remains as a positive balance that is used to reduce the gross borrowing requirement. Reducing the borrowing requirement implies that government is using the cash to borrow less, as is required in terms of the GFECRA settlement agreement.

“The Budget of government is presented on the adjusted cash basis of accounting. Revenue and expenditure are recorded when transactions are initiated in the cashbook, in other words when a transaction is processed in the financial system,” National Treasury said.

The monthly budget comparable revenue and expenditure information is published in the summary statement of the section 32 report.

“This format mirrors the presentation of the 2024 Budget, which remains as the budget presentation for the 2024 MTBPS and future budget publications. In this table the cash flows of government are recorded as part of Changes in cash and other balances, which includes the net inflow of R100 billion (R200 billion in exchequer receipts less R100 billion in departmental requisitions) recorded in the cash flow statement.

“To ensure transparency in reporting the GFECRA settlement arrangement, the R100 billion set aside to reduce governments’ borrowing requirement is shown separately as part of the calculation of the gross borrowing requirement. This is in line with the presentation of the transaction at the time of the 2024 Budget, and this presentation format will remain both in the 2024 MTBPS and future budgets,” National Treasury said. - SAnews.gov.za
 

 

nosihle
Tue, 10/22/2024 - 14:38

200 views
Read moreNational Treasury explains details of GFECRA settlement agreement
19 October 2024

Celebrating a life of service and leadership

Location: News

Celebrating a life of service and leadership

President Cyril Ramaphosa has praised the late former Finance Minister Tito Mboweni for being a man of great stature who never lost his ability to connect with people from all walks of life.

The President delivered a poignant eulogy at the Special Official Funeral Category 2 in honour of Mboweni at the Nkowankowa Stadium in Limpopo on Saturday.

Mboweni, remembered for his immense contributions to South Africa's economic and political landscape, was honoured by dignitaries, colleagues, and citizens alike for his unwavering service to the country and his ability to connect with people from all walks of life.

“Governor 8 could relate to people from all walks of life. He was an empathetic man. He valued character over pedigree. And he was no cynic. He looked for the good in each person and usually found it,” the President said.

President Ramaphosa noted that while Mboweni was respected by leading economists, business titans, and labour leaders, he remained deeply grounded.

“Yet despite his stature and profile, he never lost the common touch. He had a gift to connect to people. He understood them and he had a way to make people feel special and made them have a sense that they mattered,” the President said.

Mboweni who passed away at the age of 65 last week, served as South Africa’s Minister of Labour in the first democratically elected Cabinet from 1994 to 1999. 

Following that, he served as the South African Reserve Bank Governor (SARB) from 1999 to 2009.

His final official position in government was as the Minister of Finance in President Ramaphosa’s administration from 2018 to 2021. He resigned from Parliament on 1 February 2022.

A life well lived

The President praised the former Minister of Finance as one of South Africa's most illustrious sons. 
"Our hearts are heavy because of this great loss, but we are also here to celebrate a life well led—a life that is replete with many lessons," President Ramaphosa said.

President Ramaphosa recounted the many facets of Mboweni’s remarkable career, from being affectionately called "Comrade Tito" and "Governor 8" to his roles as South Africa's first black Governor of the SARB and later Minister of Finance. 
"He was larger than life because he led such a big life and touched the lives of many people,” he said. 

The President recalled the pivotal moment when he asked Mboweni to return to the public service after he had left, to which Mboweni eventually agreed. 

“He had already left public service when I knocked on his door asking him if he would return to public service as Minister of Finance. I just said Cde Tito your country needs you to do another tour of service.

“He agonised about giving up the material value he was building for himself and his family. But after a while he came through for the people of South Africa and agreed to serve as Minister of Finance. Tito was a true patriot,” the President said. 

Mboweni’s contribution as Minister of Finance was marked by his dedication to fiscal discipline and economic transformation, steering the National Treasury through a challenging period as the country emerged from state capture and faced a global pandemic.

“Tito taught us that public service is noble and necessary; that one can serve with integrity and hold true to the important values, like faith and family. He strongly believed that it was important to give back to the community and country in which one lived. 

“He recognised that serving others enriched the servant’s soul. To me he was the shining star that shined brightest in a maze of a dark period in the life of our country we called state capture,” he said.

The President also touched on Mboweni's lighter side, recalling his infamous brown shoes and self-deprecating humour, which belied a career of monumental achievements. 

"For Tito, when you hold public office, perception matters," said Ramaphosa, reflecting on the lessons Mboweni taught about humility, leadership, and being of the people.

“Tito Mboweni wasn’t just incorruptible. He wasn’t just an avowed enemy of corruption throughout his life in public office.

“In time we will look back at those social media posts of Tito defending his infamous brown shoes that had seen better days.

“We may then read what was perhaps the deeper, intended meaning: That when you hold public office, when you are entrusted with leadership, you must be of the people. Not standing above them, not looking down on them. For Tito, when you hold public office, perception matters,” the President said.

READ | Dr Tito Mboweni remembered as a trailblazer 

The President also spoke fondly of their shared passion for trout fly fishing and Mboweni’s lasting legacy as a true servant leader. 

“Cde Tito and I shared a deep passion for trout fly fishing and would spend time talking about the skill of casting a line to catch a brown trout and compare that to prudent macro-economic policy management.

“I kept fearing that on Budget Day we would bring a dead trout fish to the National Assembly and talk about it,” the President said. – SAnews.gov.za

 

DikelediM
Sat, 10/19/2024 - 15:44

105 views
Read moreCelebrating a life of service and leadership
19 October 2024

Dr Tito Mboweni remembered as a trailblazer 

Location: News

Dr Tito Mboweni remembered as a trailblazer 

President Cyril Ramaphosa has lauded the late former Minister of Finance Tito Mboweni as a man who understood the assignment, describing him as a trailblazer who has left an enduring legacy in South Africa's public and economic spheres.

The President delivered the eulogy at Mboweni’s Special Official Funeral Category 2 at the Nkowankowa stadium in Limpopo on Saturday.

Mboweni, who was the first Labour Minister in democratic South Africa passed away last week following a short illness at the age of 65.

He was fondly known by names like Comrade Tito, Uncle Tito, erstwhile National Breadwinner, unpaid impresario for Lucky Star and The Duke of Magoebaskloof.

Acknowledging the deep pain of the loss, the President expressed the nation's shared grief with the Mboweni family stating “we are all feeling the pain together with you."

The President spoke movingly about Mboweni’s enduring legacy, describing him as a servant leader whose contributions to South Africa spanned his roles as a freedom fighter, businessman, central banker, and politician. 

“Comrade Tito, you understood the assignment. As we bid you farewell my brother, my comrade, my fellow fly fisherman, your legacy is of a successful transformation from a freedom fighter to a businessman, central banker and politician. You were a true servant leader, admired and loved by the people. You delivered on what was required of you,” the President said. 

As South Africa's first black Reserve Bank Governor and former Minister of Finance, Mboweni's contributions to economic transformation and fiscal discipline were transformative, President Ramaphosa noted. 

“He oversaw the modernisation of the Reserve Bank, introduced inflation targeting, and convened the bank’s first monetary policy committee meetings. He championed economic transformation, just as he championed fiscal discipline and evidence-based policymaking.

“To keep the citizenry abreast on economic policy matters, he introduced a televised monetary policy statement. Later, as Minister of Finance, he undertook one of the most difficult of roles. It requires someone of mettle. It requires an ability to take difficult decisions and to withstand extreme pressure,” the President said.

Mboweni's legacy also extended to his groundbreaking work as the first Minister of Labour, where he played a key role in passing labour laws that restored dignity to workers. The president acknowledged that these policies fundamentally transformed the labour relations landscape in South Africa.

President Ramaphosa fondly recalled Mboweni's use of a potted Aloe Ferox plant during his budget speeches, a symbol of South Africa’s resilience in difficult times. 

“We remember how he would dramatically bring a potted Aloe Ferox plant to his Budget speeches to illustrate his approach to fiscal discipline. Through the Aloe Ferox he sought to illustrate that like our country, the Aloe Ferox survives and thrives when times are tough.

“We continue to admire how he always sought to demystify matters of the economy for our citizens. He insisted that government must communicate with the people on how the economic decisions we take impact their lives.”

As Finance Minister, Mboweni faced numerous challenges but remained steadfast in his commitment to pragmatic fiscal management while advancing economic reforms through initiatives like Operation Vulindlela.

Connection with the youth

Mboweni’s remarkable connection with the younger generation was also highlighted, with the President pointing to his popularity on social media and the release of a chart-topping rap song named after him. 

“Who, but Uncle Tito, could have a chart-topping rap song titled with his name? Who, but the Duke of Magoebaskloof, could share tips with 1.5 million followers on the best curry powder to cook a chicken with and impart economic education at the same time?” President Ramaphosa remarked. 
The President noted that the younger generation, some of whom were his social media followers, “have a delightful phrase: understanding the assignment.”

“Loosely deciphered it means knowing what must be done and doing it well,” he said. 

READ | Reflecting on Dr Tito Mboweni's life

Serving with dedication

The President underscored Mboweni’s dedication to integrity and service, saying that his reputation remained untarnished despite holding high office.

“You acquitted yourself with dignity and with honour in the ANC [African National Congress], in government and beyond. You depart this world with that dignity, that honour and that reputation intact.

“You did not disgrace or betray your movement or the people of this country. You were a credit and an asset to both. This is the most we can hope for as leaders. This is the highest we should aspire to.

“Like Tito, we should strive to be true servant leaders. We should each aspire to do everything that our country asks of us. Fare well, Mkonto. Rest in eternal peace,” the President said. – SAnews.gov.za

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Sat, 10/19/2024 - 15:05

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17 October 2024

Criminal Charges for Previous Head of Gauteng Department of Social Development

Location: News

Matilda Gasela is facing corruption and fraud charges for tender irregularities when she was head of the agriculture department

Read moreCriminal Charges for Previous Head of Gauteng Department of Social Development
17 October 2024

Public Works Workers Picket Through the Night in Durban

Location: News

They want jobs after their contracts were terminated in July

Read morePublic Works Workers Picket Through the Night in Durban
17 October 2024

President Ramaphosa to attend to BRICS Summit and domestic fora 

Location: News

President Ramaphosa to attend to BRICS Summit and domestic fora 

President Cyril Ramaphosa is set to participate in several key engagements over the coming weeks, beginning with the BRICS Summit in Kazan, Russia.

Presidential spokesperson Vincent Magwenya confirmed this during a press briefing with media houses to update them on the President’s diary in Cape Town on Wednesday. 

President Ramaphosa will attend the BRICS Summit in Russia from Tuesday to Thursday (22- 24 October). 

The Russian Federation’s BRICS Chairship in 2024 is under the theme "Strengthening Multilateralism for Just Global Development and Security”. 

Magwenya highlighted that South Africa’s participation in the summit is aimed at enhancing the country’s growth and development through its membership in BRICS, focusing on strengthening intra-BRICS relations and fostering mutually beneficial cooperation. 

This includes advancing political and security cooperation, financial and economic cooperation, and cultural and people-to-people cooperation.

During its BRICS Presidency this year, Russia indicated that it will focus on "promoting the entire range of partnership and cooperation within the framework of the association on three key tracks – politics and security, the economy and finance, and cultural and humanitarian ties”.

Responding to Questions for Oral Reply in the National Assembly in Parliament, Cape Town in August, President Ramamphosa spoke of the value of the BRICS alliance to advancing Africa’s developmental agenda. 

As Chair of BRICS last year, South Africa invited representatives from other African countries to attend the summit hosted in Johannesburg. Forty-six African countries attended, including 20 Heads of State and Government.

Medium Term Budget Policy Statement (MTBPS)

On the domestic front, the President will attend the tabling of the Medium Term Budget Policy Statement (MTBPS).

Finance Minister  Enoch Godongwana is set to table the MTBPS in Parliament on Wednesday, 30 October. The MTBPS outlines the policy framework for the upcoming budget, including government goals, the economic environment, and projected resource availability. 

It offers an analysis of the trade-offs and challenges the nation faces in addressing its priorities, providing an important step forward in the national budget process. 

READ | National Treasury announces MTBPS date

“The Medium-Term Budget Policy Statement is an important step forward in the budget process. In keeping with our commitment to open, transparent and cooperative policymaking, it invites the nation to share with Government the important choices to be completed,” Magwenya said. 

Visit to Limpopo

Meanwhile, President Ramaphosa is scheduled to visit the Limpopo province on Friday, 1 November, where he will meet with Premier Dr. Phophi Ramathuba and the provincial government executive. 

The provincial leadership will present their five-year program which is aligned with the priorities of the seventh administration. 

“The meeting will also discuss approaches [to] various service delivery issues including interventions to improve service delivery at local government level,” Magwenya said.

KwaZulu-Natal DDM Oversight Visit

On Thursday, 7 November, the President will meet with KwaZulu-Natal Premier Thami Ntuli and members of the provincial government in Durban. 

This meeting will be followed by a District Development Model (DDM) oversight visit to the eThekwini Metropolitan Municipality which includes a Presidential Imbizo on Friday, 8 November. 

The visit aims to assess the progress of the Presidential eThekwini Working Group, which was established earlier this year to address service delivery and development challenges in the area.

Last week Cabinet called on residents to join the imbizo and engage their public representatives.

“Cabinet calls on residents of Umgababa and the surrounding areas to join the imbizo and engage their public representatives on solutions to challenges in their community and find ways to improve service delivery,” it said in a statement following its fortnightly meeting.

The imbizo is set to be held at the Umnini Sportsfield in Ward 98.

Cabinet adopted the DDM in August 2019.

The DDM is an integrated planning model for cooperative governance aimed at fast-tracking service delivery. It seeks to ensure that municipalities are adequately supported and resourced to carry out their mandate.

READ | President Ramaphosa to lead Presidential Imbizo in KZN

The first Presidential Imbizo of the seventh administration was held in Tsakane in Gauteng in August.

The Presidency said the President’s engagements highlight his commitment to addressing national priorities, both domestically and internationally, with a focus on economic growth, improved governance and enhanced service delivery. – SAnews.gov.za

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Wed, 10/16/2024 - 15:37

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15 October 2024

Department undertakes initiative to review spending habits

Location: News

Department undertakes initiative to review spending habits

The Department of Forestry, Fisheries and the Environment has initiated a comprehensive departmental spending review to ensure that every rand is utilised effectively.

“This process is designed to scrutinise our expenditures, identify areas where we can achieve greater efficiency, and reallocate resources to priority programs that deliver the greatest benefit to our environment and citizens,” Minister of Forestry, Fisheries and the Environment Dr Dion George said on Tuesday in Cape Town.

Addressing the media on his 100 days in office, the Minister said his department was committed to upholding the highest standards of fiscal responsibility and in understanding the importance of prudent financial management.

“By eliminating wasteful spending and streamlining operations, we aim to ensure that every rand is utilised effectively. Over the medium term, the department's budget has been reduced by nearly R2 billion.

“In recognising that effective conservation and environmental initiatives require substantial resources, we have been actively working to attract donor income and ensure financial efficiency within our department and its entities,” the Minister said.

In the past 100 days, the department has embarked on a strategic campaign to engage with international donors, private sector partners, and philanthropic organisations.

“These efforts have begun to bear fruit, with several promising discussions underway to secure funding for key conservation projects and community-based environmental programs. By diversifying our funding sources, we are enhancing our capacity to implement impactful initiatives without placing additional strain on the national budget,” the Minister said.

He was reflecting on the milestones of the work that has been done since his appointment by President Cyril Ramaphosa to lead the department.

The President appointed George and Deputy Ministers, Bernice Swarts and Narend Singh, on 03 July 2024 to lead the department under the Government of National Unity (GNU).

In the short to medium term, the department will prioritise climate change and energy; fisheries, particularly small-scale fisheries, and aquaculture; wildlife and biodiversity; and conservation efforts and environmental protection initiatives.

Reducing red tape

The department has also embarked on a comprehensive review of its regulatory frameworks to identify bottlenecks and areas in need of improvement.

“I am pleased to share that we have made substantial progress in starting to simplify procedures and reducing unnecessary red tape. We have also started to engage with industry leaders, environmental organisations, and community representatives to gather feedback on regulatory obstacles.

“By collaborating closely with these stakeholders, we are developing practical solutions that reflect the realities on the ground. This approach ensures that our policies strike the right balance between environmental protection and economic development,” George said.

As part of these efforts, as the appeal authority over decisions taken by the officials within the department in terms of the National Environmental Management Act, the Marine Living Resources Act, the Integrated Coastal Management Act and the Promotion of Access to Information Act, the Minister has prioritised the finalisation of appeals.

“In my first 100 days I have considered 65 appeals, ensuring that outstanding matters are addressed promptly and fairly. - SAnews.gov.za
 

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Tue, 10/15/2024 - 12:15

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15 October 2024

MPs Demand Postbank Explain “Persistent” Grant Issues

Location: News

Beneficiaries with gold cards have been struggling to access their grants

Read moreMPs Demand Postbank Explain “Persistent” Grant Issues
11 October 2024

31 Years Into Democracy and NMB’s Bucket System Isn’t Going Away Any Time Soon

Location: News

The bucket eradication programme, started in 2012, has been through three departments and five implementing agents

Read more31 Years Into Democracy and NMB’s Bucket System Isn’t Going Away Any Time Soon
11 October 2024

3rd Project Steering Committee Meeting on Conserving Aquatic Biodiversity in Africa’s Blue Economy

Location: News

The African Union – Interafrican Bureau for Animal Resources (AU-IBAR)
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The third Project Steering Committee (PSC) meeting of the "Conserving Aquatic Biodiversity in Africa's Blue Economy" project took place on October 9, 2024, in Mombasa, Kenya. The meeting aimed to update stakeholders on project progress, discuss difficulties, and provide strategic guidance for the future. The meeting included discussions on the 2023-2024 work plan, no-cost extension activities, adopted recommendations, and strategic recommendations for future project implementation.

The opening session was chaired by Dr. Huyam Salih, Director of AU-IBAR, on behalf of H.E. Ambassador Josefa Sacko, Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment. Dr. Salih welcomed participants and expressed gratitude to the Government of Kenya and the Swedish International Development Cooperation Agency (SIDA) for their continued support.

In his statement, Dr. Joachim Beijmo, Head of Regional Development Cooperation in Africa at the Swedish Embassy to the African Union, emphasized the importance of the Blue Economy for livelihoods and food security across Africa. He highlighted Sweden's commitment to aquatic biodiversity conservation and development cooperation across many sectors, with the Blue Economy being a key priority. Dr. Beijmo underscored the potential of the Blue Economy to improve livelihoods and noted that the sustainable management of aquatic ecosystems is a global concern. He welcomed the growing interest from diverse stakeholders, including local communities, and emphasized the importance of cooperation among institutions to maximize synergies. However, he also warned about the increasing threats to ecosystems, such as overfishing, and reaffirmed Sweden's commitment to expanding Marine Spatial Planning (MSP) initiatives and supporting local communities in conservation efforts.

Dr. Ndiaga Gueye, Senior Fisheries and Aquaculture Officer at FAO's Regional Office for Africa, commended AU-IBAR for its achievements in aquatic biodiversity conservation and called for continued efforts in this critical area. He pointed out the vulnerability of oceans and inland waters and noted that the fishing industry is at a crossroads. Dr. Gueye stressed the need for greater investment in capacity building to achieve Sustainable Development Goal (SDG) 14, which focuses on life below water. He also highlighted the importance of international agreements, which can take time to implement, and emphasized the essential role of the private sector in the sustainable management of aquatic resources. Access to data, knowledge sharing, and enhanced communication were identified as key enablers for achieving these goals.

In his remarks officially opening the meeting, Mr. Rodrick Kundu, Secretary of the State Department for Blue Economy and Fisheries, Kenya, highlighted the challenges faced by aquatic ecosystems, including pollution and the impacts of climate change, which have severely undermined the productivity of fisheries resources. He stressed that when the productivity of these resources declines, the livelihoods of millions of people, especially those dependent on fisheries, are negatively affected. Mr. Kundu acknowledged Kenya's leadership in promoting the Blue Economy, citing its role in high-level initiatives such as the Blue Growth concept and its participation in the High-Level Panel for a Sustainable Ocean Economy. He also noted the significant benefits Kenya has gained from the project, particularly in terms of capacity building among local communities.

Solidarity Messages from the Regions

Representatives from the five regions of Africa shared insights on their countries' progress in aquatic biodiversity conservation:
- Uganda: Ms. Grace Namukasa, representative of the Ministry of Agriculture, Animal Industry, and Fisheries, highlighted Uganda's achievements in transboundary aquatic ecosystem management. She emphasized the importance of regional cooperation to address challenges in aquatic biodiversity and noted Uganda's commitment to sustainable resource management.
- Côte d'Ivoire: Mr. Yao N'da Firmin, Director of Blue Economy and Coastal Environment, underscored the critical role of fisheries in food security in West Africa. He explained that Côte d'Ivoire has implemented systems for managing biodiversity and is currently working on its second Marine Spatial Planning (MSP) project. Mr. Firmin emphasized the need for integrated strategies to enhance the conservation of aquatic biodiversity and adapt to emerging challenges.
- Cameroon: Prof. Paul Tchawa, Secretary General of MINEPDED, discussed Cameroon's National Strategy on mangrove conservation and climate change adaptation. He stressed the importance of solidarity and complementarities among African countries to defend their shared interests in aquatic resource conservation.
- South Africa: Mr. Belemane Semoli, Chief Director of Aquaculture and Economic Development, reiterated the significance of sustaining aquatic biodiversity for mitigating climate change and promoting sustainable development. He highlighted that maintaining biodiversity is essential for both aquatic ecosystems and human life, providing energy, food, shelter, and livelihoods. Mr. Semoli noted South Africa's Marine Spatial Plan and Ocean Plan, which recognize the contributions of all sectors, and identified the challenge of balancing conservation with realizing the socio-economic benefits of the Blue Economy.

Technical Sessions and Presentations

Key presentations covered the progress of the project, recommendations from the PTC, the project's no-cost extension activities, and budget updates. The PSC members endorsed the presentations and commended AU-IBAR for the significant achievements made so far.

Emerging Issues and Recommendations

Several important issues were raised during the meeting, including the need for:
- A second phase of the project to ensure sustainability and broader coverage across Africa.
- Increased collaboration with regional institutions to strengthen capacity-building efforts.
- Greater private sector involvement to support the long-term sustainability of the project.
- Addressing the challenges of plastic pollution and expanding training programs to replicate the project's successes in other regions.

The PSC members endorsed the recommendations from the 3rd PTC and approved the work plan for the no-cost extension. They recommended the preparation of a comprehensive report on the 3rd PSC meeting and requested AU-IBAR to share its exit strategy with PSC members. They also urged AU-IBAR to begin preparations for a second phase of the project and to enhance partnerships with both regional institutions and the private sector.

The meeting concluded with closing remarks from Dr. Huyam Salih, AU-IBAR Director, as well as representatives from Uganda and SIDA. SIDA noted the significant progress made, the valuable recommendations provided, and the strong leadership demonstrated throughout the project. FAO acknowledged the relevance of the successful recommendations shared during the exchanges.

In her vote of gratitude, the president of AWFISHNET emphasised the importance of women's participation in the initiative. A government officer from Kenya formally ended the meeting. The significance of ongoing communication with member nations was stressed by Mr. Rodrick Kundu in his concluding remarks. He emphasised the significance of establishing mechanisms for cross-border cooperation, bringing project initiatives down to the local level, and keeping partnerships and accountability at the forefront of the project's objectives. At its third meeting, the Project Steering Committee (PSC) reaffirmed AU-IBAR's dedication to protecting aquatic biodiversity in Africa and fostering long-term growth in the Blue Economy across the continent.

Distributed by APO Group on behalf of The African Union – Interafrican Bureau for Animal Resources (AU-IBAR).

Read more3rd Project Steering Committee Meeting on Conserving Aquatic Biodiversity in Africa’s Blue Economy
11 October 2024

Benin to Contribute $2 Million to the African Development Fund

Location: News
African Development Bank Group (AfDB)

Benin joins six other African countries that contribute to ADF; 74 million people in Africa have benefitted from improvements in agriculture for food security through the Fund.

Benin has pledged $2 million to the next replenishment of the African Development Fund, the concessional window of the African Development Bank Group.

The country's Minister of Economy and Finance, Romuald Wadagni, made the announcement in Cotonou, at the opening session of the Mid-Term Review of the 16th Replenishment of the Fund.

It came shortly after the head of the African Development Bank Group, Dr Akinwumi Adesina invited Benin's President Patrice Talon to be a champion of ADF 17 and encouraged him to “pledge financial support.”

Announcing his country's pledge, Minister Wadagni said the African Development Fund was a trusted partner for low-income countries and recommended that each “recipient country demonstrates rigour and transparency.”

He said one of Benin's objectives was “to ensure that we can use the ADF instrument in the form of guarantees and raise money in order to benefit from its leverage effect.”

The current three-year financing cycle, which received a record $8.9 billion ends in 2025. Benin becomes the seventh African country to contribute, joining Algeria, Angola, the Democratic Republic of Congo, Egypt, Morocco and South Africa.

“Our ambition is encouraging more African countries to become state participants in the ADF,” said Adesina, citing Kenya's pledge of $20 million to ADF, announced last May by President William Ruto during the Annual Meetings of the African Development Bank Group in Nairobi.

He said the African Development Fund is providing Benin with $108.2 million towards general budget support for economic governance and private sector development program focused on improving the overall business climate, supporting agro-industrial sector and strengthening the development of Special Economic Zones, like Glo Gjigbe, that ADF delegates visited as part of the Mid Term Review program.

Across the continent, Adesina said the African Development Fund is achieving impactful and impressive results.

“15 million people have been provided with access to electricity. 74 million people have benefitted from improvements in agriculture for food security. 45 million people have benefitted from improved transport. And over 8,700 kilometers of roads have been built or rehabilitated,” said Adesina.

“I am proud of what this institution has achieved in its 50 years of existence,” he added, pointing out that the Fund has been ranked “the second-best concessional financing institution in the world for the quality of its development assistance.”

The Cotonou meeting was attended by ministers, representatives of donor and beneficiary member countries, the Bank Group's Board of Directors, senior management and staff.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media contact:
Amadou Mansour Diouf
Communications and External Relations Department
media@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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