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Finance MEC tables bleak budget

Finance MEC tables ‘bleak’ budget By Thami Magubane Share Durban - INVESTMENTS in infrastructure have been prioritised as the government seeks to trigger economic revival and create much-needed job opportunities in KwaZulu-Natal. MEC for Finance Nomusa Dube-Ncube tabled her budget for the 2021/22 financial year during a virtual sitting of the legislature on Tuesday. The budget laid bare the bleak economic realities facing the country, and revealed yet another round of budget cuts across all departments, leaving the provincial government feeling that they have cut all the way to the bone. Dube-Ncube said despite the need for budget cuts, they had tried to avoid reducing the budget for infrastructure, adding that President Cyril Ramaphosa had identified infrastructure “as one of the pillars the country’s economic revival will be based on.”

Reg flags raised as MEC announces yet more budget cuts

Reg flags raised as MEC announces yet more budget cuts By Silindile Nyathikazi, Mphathi Nxumalo Mar 10, 2021 Share Durban - THE Department of Education will receive the biggest portion of this year’s provincial budget, with the allocation set at R53.2 billion. The second largest portion – R48.4bn – of the province’s public purse will go to the Department of Health. During her budget speech delivered yesterday, Finance MEC Nomusa Dube-Ncube said she would ensure that the new Dr Pixley ka Isaka Seme Memorial Hospital was operational within this new financial year . The Department of Transport, which underspent on its 2019/20 capital budget, will receive R11.6bn, the third largest allocation.

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