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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

capital expenditure

East Cape capital expenditure lowest in the country

16 August 2012 By Port Elizabethan

The first quarter National Treasury expenditure figures for the Eastern Cape once again highlight the alarming trend of low capital expenditure in the key Departments of Education (7.7%), Health (11.3%) and Human Settlements (17.7%). Under development, inequality and poverty are directly related to the lack of capital expenditure in the social cluster. The only way to stop the rot is for the MEC for Finance and Provincial Expenditure, Phumulo Masualle, to table a quarterly statement on the … [Read more...] about East Cape capital expenditure lowest in the country

Eastern Cape Fares Worst on Capital Expenditure

29 May 2011 By Alan Straton

There is only one way to fix the poor expenditure patterns in the Eastern Cape and that is for MEC's to sign performance agreements with the Premier. Cabinet ministers are required to do this with the president and ANC mayors are now also required to sign such agreements. Why are MEC's being left out?  The simple way to improve service delivery is to enforce political accountability – deliver or go. It's time for the ANC to make some hard choices. Once again the Eastern Cape has the lowest … [Read more...] about Eastern Cape Fares Worst on Capital Expenditure

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