insert_link South Africa TLU SA Seeks Clarity on Medium Term Budget’s Impact on Agriculture The South African agricultural organisation TLU SA says it wants clarity on whether the plans announced in the Medium Term Budget Policy Statement will genuinely meet the real needs of the economy and agriculture. TLU SA’s, Bennie van Zyl, says the focus of the government of national unity on inclusive growth and job creation is valuable, but the concern is that real challenges, such as corruption and mismanagement, are […] todayOctober 31, 2024 16
insert_link South Africa Cosatu Expresses Disappointment with S.A’s Treasury’s Economic Strategies S.A union, Cosatu says it remains underwhelmed and disappointed by the Treasury’s continued approach to tackling South Africa’s deep-seated economic and governance crises. The union federation was responding to the Medium-Term Budget Policy Statement. Cosatu’s, Matthew Parks, says the fundamental challenges facing the nation are a stagnant economy and a rising unemployment rate of 42.6-percent: todayOctober 31, 2024 15
insert_link South Africa S.A’s EFF rejects Medium-Term Budget Policy Statement The Economic Freedom Fightersin South Africa have rejected the Medium-Term Budget Policy Statement, claiming the government favors private sector profits over job creation and economic growth. Finance Minister Enoch Godongwana defended the budget in Parliament, emphasizing a commitment to sustainable public finances. EFF leader Julius Malema criticized the statement for overlooking the rising unemployment crisis. RISE Mzansi leader Songezo Zibi has called for financial reform to address national debt […] todayOctober 31, 2024 14
insert_link South Africa Build One South Africa opposes any reductions in the education budget Build One South Africa says it unequivocally opposes any reductions in the education budget and urges the government to identify alternative funding sources. This is as Finance minister Enoch Godongwana is set to deliver the Medium-Term Budget Policy Statement in Parliament today. BOSA president, Mmusi Maimane, says they have identified several sources from which to redirect at least 50-billion-rand in funds towards the education budget shortfall, and ensure teachers […] todayOctober 30, 2024 15