NEWS FLASH


Madam Speaker, Honourable Premier, Honourable members of the Executive Council, Honourable members of the Legislature, visitors, good afternoon. South Africa is staring down the barrel of a very big gun. This gun is called national loan debt and currently stands at R2.2- trillion.  Servicing the debt this year will cost us in excess of R162-billion, the equivalent of the budgets of three provinces. There is absolutely NO SPACE for any …


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SPEAK OUT


MEDICO-legal claims of up to R11.4-billion, outstanding bills with interest accumulated over periods ranging from 30 to 90 days overdue and a whopping COE (cost of employees) bill that swallows 60% of our annual budget, together with a junk status economy, adds to the heavy burden placed on staff, patients and our provincial health facilities (“No money for medicines shock”, The Herald, May 8). While the department continues to generate …


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IN THE NEWS


THE Eastern Cape Parks and Tourism Agency (ECPTA) has a set goal for the province to be one of the top three most visited in the country by the year 2020. This was said by the agency’s chief executive Vuyani Dayimani during his presentation to the portfolio committee for economic development, environment and tourism at the Bhisho Legislature on Tuesday. Dayimani said the province had been at number one in …


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LATEST PRESS RELEASES


South Africa is facing a fiscal crisis. The governments’ total debt now stands at R2.2 trillion. The debt to GDP ratio was 23% in 2009 and is now at 50,7%. The total debt service cost has risen from a R147 Billion in 2016/2017 to a R162 Billion this year. State guarantees to state owned enterprises are standing at R477 Billion. The fiscal expansionary policies of the current government are placing …


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This budget takes place not only against the fiscal crisis in which this country find itself in but also against the background of a number of factors. These include medico legal contingent liabilities of R17,669 billion, a provision for capped leave of R6.2 billion, backlogs in infrastructure of R151.1 billion, accruals in the region of R1.5 billion. There is also the issue of COE which is projected to rise at …


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Honourable Premier, Madam Deputy Speaker, Colleagues and guests.  Molweni Nonke! It is a privilege to greet you today. Health affects the quality of life of every single person in the Eastern Cape and it is therefore fundamental to the wellbeing of our people of that the Department conforms to global best practice and nurtures the lives of every single soul in the Eastern Cape. One way to do so effectively …


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