Budget 2023
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Nene: Black professionals charge too much

Cape Town – Black professionals must please stop charging municipalities such exorbitant prices for their services, according to Deputy Finance Minister Nhlanhla Nene.

He was present at a post budget event hosted by the Association of Black Securities and Investment Professionals (Absip) and the Afrikaanse Handelsinstituut (AHi).

Finance Minister Pravin Gordhan was the main speaker.

During question time Gordhan was asked how black professionals could be used more for municipal services like engineering and auditing. Gordhan then asked Nene to answer.

“A lack of capacity is one of the biggest hurdles for the greater use of black professionals at municipal level,” said Nene.

He also pointed out that many black professionals prefer to rather work in the private sector for financial reasons.

Urban apartheid

During his speech at the event, Gordhan said the special arrangements of South African cities is one of the legacies of apartheid that still remains after 20 years of democracy.

“Sometimes it seems to just be more convenient for people to deny this situation,” he said.

South Africa must celebrate 20 years of democracy – including in a context outside of political connotations, said Gordhan.

“Yet, there is still a lot more to do in terms of inequality, poverty and unemployment in order to lay the platform for the next 20 years,” he said.

Nuclear power

In answser to a question about whether the current budget makes provision for a new nuclear power station, Gordhan said it does not.
“The nuclear power issue will be discussed over the next few years,” he said.

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