South Africans are urged to engage with the 2017 National Budget Speech that Finance Minister Pravin Gordhan will table in Parliament on Wednesday. “The presentation of the National Budget is an important part of our open and accountable budget process. It outlines the finances available for the implementation of policy decisions to achieve social and economic transformation. “Therefore, it is important for the public to be informed about government’s budget and its impact on the nation,” … [Read more...] about South Africans urged to engage with 2017 Budget
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Infighting at IDP and Budget Meetings – Who disrupted?
The opposition party in Nelson Mandela Bay, the ANC, delivered a petition to the new government on 1 December citing 13 'areas of concern'. Here Nelson Mandela Bay Mayor Athol Trollip responds to allegations by the opposition that "The Deputy Executive Mayor ridiculed the ANC in all these meetings" and "the victimisation of ANC Councillor Sabani at the Nangoza Jebe Hall meeting." Trollip said; "Cllr Sabani has been charged with a Code of Conduct violation and will appear before a review … [Read more...] about Infighting at IDP and Budget Meetings – Who disrupted?
Mthatha news: Business rescue on the table for budget airline Blue Crane
Business rescue on the table for budget airline Blue Crane: It added a route between Johannesburg and Mthatha to its network in August. It also mooted regional routes, including between Johannesburg and Maputo and Manzini, which were meant to be launched in late 2016. The airline is headed by former South African ... Source: "Mthatha" - BingNews. Papic committed to Eagles: As Eagles prepare for the trip to East London for the showdown with Mthatha Bucks, Papic and general manager Richard … [Read more...] about Mthatha news: Business rescue on the table for budget airline Blue Crane
Local Business confirms support for Gordhan and Budget
The Nelson Mandela Bay Business Chamber welcomed the Medium Term Budget Policy Speech delivered by Finance Minister Pravin Gordhan on 26 October. While Gordhan said during his Medium Term Budget Policy Speech that "as a nation we are at a crossroad, politically and economically", he also found himself at a crossroad today: in the unusual position of facing charges in court next week, while having the immense pressure of presenting the Medium Term Budget. The Chamber reiterated their … [Read more...] about Local Business confirms support for Gordhan and Budget
Coega encouraged by 1.7% expected growth for next year
"The Coega Development Corporation (CDC) welcomes the Honourable Minister of Finance Pravin Gordhan, Medium Term Budget Policy speech delivered this afternoon," said Dr Ayanda Vilakazi, CDC Head of Marketing and Communications. Furthermore the CDC warmly welcomes the Minsters mention of the role the Coega Industrial Development Zone (IDZ) is playing in the Energy mix through the allocation of a 1000 MW as part of the gas-to-power programme. The gas-to-power project is key for energy … [Read more...] about Coega encouraged by 1.7% expected growth for next year
City responds to report of imminent administration
The municipality reports that they became aware of a statement (see here for the statement on MyPE) riddled with untruths released by the DA. Acting City Manager Johann Mettler responds: The state of finance of the Nelson Mandela Bay Municipality is stable, secure and good – and there is absolutely zero possibility of the Budget failing, of R1,77 million having been wasted, or of another qualified audit report based on the state of the institution's finances. The Budget that was tabled … [Read more...] about City responds to report of imminent administration
Mayors first full budget
The Nelson Mandela Bay Municipality ticks another box with the tabling of a R266 million cash-backed at the Special Council Meeting today. The R266 million cash-backed budget for the 2016/2017 financial year comes hot on the heels of a three notch credit rating increase by Moody's and the impressive R2 billion cash holding due to prudent financial management. The Nelson Mandela Bay Municipality's 2016/2017 – 2018/19 capital programme, 2016/17 Operating Budget and its 15th Edition of the … [Read more...] about Mayors first full budget
Crucial municipal IDP and Budget public participation sessions kick off on Monday
The Nelson Mandela Bay Municipality’s public participation sessions to gather input from communities regarding its draft Integrated Development Plan (IDP) and Budget kicks off on Monday, 9 May with sessions at the Port Elizabeth City Hall, Newton Park Library, Malabar Community Hall and the Gelvandale Community Hall starting at 18:00. Chapter 4 of the Municipal Systems Act, Act No. 32 of 2000, stipulates that a municipality must develop a culture of municipal governance that complements … [Read more...] about Crucial municipal IDP and Budget public participation sessions kick off on Monday
Budget Accommodation Port Elizabeth – Affordable Luxury http://www.belvederecottages.co.za
A MyPE.co.za 'Accommodation Port Elizabeth' selected video for you: via YouTube Capture Click HERE to find more 'Accommodation Port Elizabeth' videos. These videos are automatically selected based on youTube keywords - Click Here to report any 'offensive' videos. CLICK HERE to submit your favourite Port Elizabeth video. Visit the MyPE YouTube Channel | More PE Videos. … [Read more...] about Budget Accommodation Port Elizabeth – Affordable Luxury http://www.belvederecottages.co.za
The Owl House Nieu Bethesda – Budget Accommodation Port Elizabeth http://www.belvederecottages.co.za
A MyPE.co.za 'Accommodation Port Elizabeth' selected video for you: via YouTube Capture Click HERE to find more 'Accommodation Port Elizabeth' videos. These videos are automatically selected based on youTube keywords - Click Here to report any 'offensive' videos. CLICK HERE to submit your favourite Port Elizabeth video. Visit the MyPE YouTube Channel | More PE Videos. … [Read more...] about The Owl House Nieu Bethesda – Budget Accommodation Port Elizabeth http://www.belvederecottages.co.za
Easter – the next budget breaker
The Easter break is always a welcome holiday at the beginning of the year, however with many people still cash strapped from the festive season debt, paying school fees as well as rising interest rates starting to take a hold, this mini break needs careful financial planning. "Most South Africans tend to forget that Easter needs to be budgeted for otherwise it can easily add to mounting debt," says Eunice Sibiya, Head of Consumer Education at FNB. In many cases there is travel involved. … [Read more...] about Easter – the next budget breaker
Provincial Budget Speech Commentary from the CDC
Following from the Minister of Finance budget speech on the 24th of February 2016, the CDC expected MEC Sakhumzi Somyo to walk a tight rope in tabling his budget speech given the austerity measures to reduce government expenditure. "The provincial government plays an important role in stimulating the EC local economy, especially through the budget expenditure. This year's provincial budget, delivered by the MEC Somyo on 4 March 2016, highlighted a number of important strategic deliverables … [Read more...] about Provincial Budget Speech Commentary from the CDC
Local Business reacts to Provincial Budget
On behalf of the Nelson Mandela Bay Chamber of Commerce, the CEO, Kevin Hustler released these comments on the Provincial Budget tabled by Finance MEC Sakhumzi Somyo in the Eastern Cape Provincial Legislature on 4 March 2016: Against the context of the tight business environment that we find ourselves in this year due to global and national economic conditions, we welcome Finance MEC Sakhumzi Somyo's focus on greater austerity measures, as well as the driving of service delivery in the … [Read more...] about Local Business reacts to Provincial Budget
In a Nutshell
Despite the rise in taxation on CGT and transfers of property over R10 Million, an increase in Social grants of up to R90.00 monthly and a decrease in taxation for lower and middle income earners seems as though the rich will still carry on getting richer. The 2016 Budget sees a reduction of R5.65 billion in personal income tax payable by individuals. This Budget provides for some changes to personal income tax, including adjustments to the three lower taxable income tax brackets and … [Read more...] about In a Nutshell
VWSA comment on the 2016 budget speech
Volkswagen Group South Africa welcomes the tone and direction of the 2016 budget presented today by Minister of Finance, Pravin Gordhan. The clear focus on reduced government spending and the plans to review the future as well as the role of some of the state assets are to welcomed. This will go some way in alleviating the concern of the rating agencies which will hopefully help to stave off a downgrade by the rating agencies. This together with a clear attempt to increase revenues will help to … [Read more...] about VWSA comment on the 2016 budget speech
