A revenue windfall to help with the social relief of distress grant.
But it’s little comfort amid the soaring debt that’s throttling public spending and an energy crisis that’s stifling economic growth.
These were the main points of Finance Minister Enoch Godongwana’s maiden Medium-Term Budget Policy Statement.
The largest portion of more than R59-billion in adjustments will, however, be going towards the public sector wage bill.
Godongwana’s standing firm on state-owned enterprises and says it’s time to practice “tough love”.
Source: eNCA
In other news – Actress Nozuko Ntshangase attempted suicide; 3 times
Nozuko Ntshangase has opened up about her suicide attempts. The Diep City actress recently made a YouTube video where she said she tried to take her own life three times.
She said on two occasions, she drank pills and on another paraffin. She did not reveal much about what drove her to it but said on one occasion she’d lost a friend. Learn More