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The massive issues with Treasury’s ‘zero-based budgeting’ plan

The big problems with Treasury’s ‘zero based budgeting’ plan - The massive issues with Treasury’s ‘zero-based budgeting’ plan

Finance minister Tito Mboweni just lately floated a brand new budgeting method for South Africa, noting that Nationwide Treasury would undertake a ‘zero-based budgeting’ technique to the nation’s funds. Zero-based budgeting refers to beginning the funds course of with a clear slate, and matching monetary wants with out there sources. This permits budgets to be extra versatile and aware of …

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How a lot a fundamental earnings grant will price South Africa

How much a basic income grant will cost South Africa - How a lot a fundamental earnings grant will price South Africa

Minister of Social Growth Lindiwe Zulu says that South Africa will introduce a common fundamental earnings grant as a part of a spread of packages to assist the nation’s unemployed – however this plan remains to be a few years away from turning into a actuality, analysts say. In response to Zulu, the essential earnings grant is already in play …

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‘Sturdy threat’ of upper stage metro lockdowns in July and August: analyst

Strong risk’ of higher stage metro lockdowns in July and August analyst - ‘Sturdy threat’ of upper stage metro lockdowns in July and August: analyst

Intellidex analyst Peter Attard Montalto says that there’s a sturdy threat that there shall be greater stage lockdowns in South Africa’s main metros within the subsequent two months, as social and political stress mounts to “do one thing” about accelerating Covid-19 circumstances. “There’s nonetheless a robust threat we imagine that greater stage metro lockdowns are potential in July and August …

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159,333 confirmed coronavirus circumstances in South Africa as deaths climb to 2,749

159333 confirmed coronavirus cases in South Africa as deaths climb to 2749 - 159,333 confirmed coronavirus circumstances in South Africa as deaths climb to 2,749

Well being minister Dr Zweli Mkhize has introduced that there are actually 159,333 complete circumstances of coronavirus in South Africa. This is a rise of 8,124 circumstances from 151,209 circumstances reported on Tuesday – a brand new 24-hour excessive for the nation. The minister introduced 92 new Covid-19 associated deaths, taking the whole to 2,749 casualties, with 76,025 recoveries to …

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