• The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

  • Web of dependency

    Zupta defenders are playing cat and mouse with ratings agencies, says Solly Moeng.

All data is delayed
Loading...
See More

Gauteng budget plans should be 'realistic' - DA

Mar 07 2016 15:56

Cape Town - As the Gauteng MEC for finance prepares to deliver her 2016/17 financial year budget for the province on Tuesday, the Democratic Alliance (DA) has called for "realistic plans".

Gauteng MEC for Finance Barbara Creecy will table her budget as the province faces a period of sluggish economic growth and a high unemployment rate.

"The DA hopes that MEC Creecy announces a growth budget with realistic plans to get the economy of Gauteng up and running," said DA Gauteng shadow MEC on finance Adriana Randall.

She said rising compensation costs continued to stretch provincial finances as budgets allocated to salaries were expected to increase from 59.7% to 61%.

"There is a need to trim employment of non-critical personnel, eliminate super numeracy positions and establish a sustainable level of authorised, funded posts that will be closely monitored in years ahead – simply put get rid of the bloat," she said.

According to Randall, entities with duplicate functions need to be "rationalised".

"Entities not performing critical functions must be closed down, and entities need to be weaned off their reliance on transfers," she said.

"Urgent steps must be taken to get better value for money from spending on infrastructure. Gauteng must use prototype designs and benchmark costs projects like schools."

She said that the new procurement standards introduced in 2015 should be implemented to enable the negotiation of lower prices.

"Corruption must be minimised across all departments," said Randall.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

da  |  sa economy

NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...