Dear MyPE The Eastern Cape budget for 2015/16 was tabled in the Bhisho legislature by Finance and Provincial Expenditure MEC Sakhumzi Somyo this morning. There is nothing to celebrate in this budget. Poor stewardship of the province's finances erodes our limited resources which is compounded by rampant corruption that did not receive a mention. The province is wobbling along a fiscal tightrope, due to the percentage decline in our equitable share, with the budget increasing by 4.6%, which … [Read more...] about EC budget comment: Poor stewardship and corruption erodes limited resources
east cape budget
NMBBC Reaction to 2012 East Cape Budget Speech
Kevin Hustler, CEO of the Nelson Mandela Bay Business Chamber commented after the 2012 East Cape Budget Speech by MEC Phumulo Masualle; "The Nelson Mandela Bay Business Chamber is pleased to see a focus away from unproductive 'consumption spending' to 'investment spending' that supports the growth of the province's productive capacity and, in turn, creates employment and has the potential to eradicate poverty. "We are also encouraged to see the alignment to the national government focus on … [Read more...] about NMBBC Reaction to 2012 East Cape Budget Speech
Eastern Cape Provincial Budget Speech Impresses ME at Least
I can only say; "Colour me impressed with the speed that the Eastern Cape 2011/12 Budget speech has been made available to the general public - Well bloody done guys." And this after my bitching and moaning that the State of the Province address earlier this year was one of the most difficult things to find on the East Cape Government web site even three days after the speech. But the Honourable MEC Phumulo Masualle has whipped his department into shape allowing you to download the full … [Read more...] about Eastern Cape Provincial Budget Speech Impresses ME at Least
