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National Treasury Signals Shift in Fiscal Policy

Finance Minister Nhlanhla Nene today tabled the 2014 Medium Term Budget Policy Statement (MTBPS) which signals a shift in the country’s fiscal policy.

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Treasury's Spending Priorities for the Next Three Years

The National Treasury has proposed increasing its spending over the next three years on initiatives that will boost job creation, education and skills development.

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A Record 132 Wards to be Contested in By-elections on November 26

"Voters are reminded that for municipal elections you can only vote in the voting district where you are registered."

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Latest News

  • National Treasury Signals Shift in Fiscal Policy +

    Finance Minister Nhlanhla Nene today tabled the 2014 Medium Term Budget Policy Statement (MTBPS) which signals a shift in the Read More
  • Treasury's Spending Priorities for the Next Three Years +

    The National Treasury has proposed increasing its spending over the next three years on initiatives that will boost job creation, Read More
  • A Record 132 Wards to be Contested in By-elections on November 26 +

    "Voters are reminded that for municipal elections you can only vote in the voting district where you are registered." Read More
  • Unqualified Municipal CFOs to be Axed - KZN CoGTA +

    Chief Financial Officers who do not meet the qualification requirements for their positions will be axed by September 2015. Read More
  • Local Government Key to Prosperity – Minister Gordhan +

    Local government had a critical role play to ensure the continued development of Africa’s people. Read More
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Infrastructure Development

Promotes accelerated infrastructure delivery in order to strengthen implementation of municipal infrastructure development at local government to targeted communities in order to eradicate backlogs and enable access to basic services.  During 2009/10 financial year, the sub-programme increased access to basic services by 1.2 million on basic water, 687 070 on basic sanitation, 965 636 on roads and community lighting by 464 183. 

 

The target for 2010/11 financial year is 1.4 million for basic water, 808 070 for basic sanitation, 1.1 million for roads and 540 186 for community lighting.  Access to free basic services by poor households during 2009/10 financial amounted to 87% for free basic water and 87% for free basic electricity.  The targets for free basic water and electricity for the 2010/11 financial year is 90% and 89% respectively.  Funding for basic services is provided through the Municipal Infrastructure Grant.