The presidency received R6 million in legal bills for the financial year of 2010/11, against a budget of R1m for that period, Beeld reported on Wednesday. At a meeting of Parliament’s Standing Committee on Public Accounts on Tuesday, unauthorised expenditure of around R45m at the presidency was also discussed. Around R17m[…]
With the beginning of the academic year kicking off, parents are forced to break the bank with unavoidable purchases of school stationery essentials. For those who have not budgeted for these items or that have more than one child, it can be a costly and time consuming nightmare. Retail giant[…]
South Africans will cut back on travel and socialising over the festive season in favour of buying food amid tough economic conditions, according to a survey released on Thursday. According to Deloitte’s “Year-End Holiday Survey 2014: Savvy Spenders on the Rise”, consumers are expected to be more pragmatic in their[…]
Analysts have been divided on Finance Minister Nhlanhla Nene’s first Medium Term Budget Policy Statement on Wednesday, with some commending the tough stance taken against government spending. Others have expressed concern at the possibility of tax policy changes taking place during the next Budget Speech, which could see South Africans[…]
Government needs to take bold decisions and implement tougher measures to get the economy to recover, the DA said on Wednesday. “It is a difficult time for South Africa, that is why we need bold and strong leadership. Globally, other markets are starting to recover,” Democratic Alliance parliamentary leader Mmusi[…]
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