The Minister of Finance, Tito Mboweni, had to present one of the most challenging budgets in recent South African history. Not only did he need to reduce wastage expenditure, he also made difficult decisions to closing the existing budget deficit. Now that we’ve seen the steps he has taken, we need to take a serious look at our own finances too and make decisions that will impact our personal budgets. He’s showed us that consistency and commitment – even with the toughest budget can be adjusted to achieve success.
Liberty Financial Adviser, Carlo Gil says, “Just like the finance minister has to manage push back from members of parliament and the citizens of the country, the financial decisions made by the head of a household won’t always satisfy everyone. However, when times are tough making difficult decisions could mean the difference between financial demise and financial success.”
Be the finance minister of your personal budget
While maintaining financial wellness may seem like a difficult task under the current economic environment, small changes can make all the difference in getting you closer to your financial goals. Here are five tips to help you become the minister of finance in your personal budget.
Constantly review your personal financial performance
Throughout the year, the minister of finance monitors the successes and failures of various government departments and state owned enterprises. While your personal finances may not be as complicated as the national budget, you need to constantly review your monthly spending, monitor your savings and investments and set financial goals that you can work towards. Continue reading
This morning, Executive Mayor Dan Plato was accompanied by Mayoral Committee Member for Urban Management, Alderman Grant Twigg, and Ward Councillor Franchesca Walker at a clean-up operation in Leonsdale, Elsies River.
The clean-up operation follows the Mayor’s tabling of the adjustment budget last week, which saw an additional R115 million allocated towards cleaning up our communities:
· R56 million will go towards additional cleaning of informal settlements
· R14 million is allocated for the recruitment of Expanded Public Works Programme workers who will assist with community clean-ups
· R20 million is allocated to the Area Cleaning Division in our Solid Waste Management Directorate, specifically for services in our poorer areas Continue reading
The levels of the dams which supply Cape Town have declined by 1,5% over the past week to 59% of storage capacity.
The average water consumption increased by 12 million litres per day to 614 million litres per day.
Please visit www.capetown.gov.za/thinkwater for all water-related information and Frequently Asked Questions.
Excitement is building for the first ever #SuperHeroSunday double-header on 3 February at Cape Town Stadium, featuring all four Vodacom Super Rugby franchise teams on the same day at one venue.
South Africa’s top players wearing their new jerseys inspired by Marvel’s Spider-Man, Thor, Black Panther and Captain America will run out at Cape Town Stadium on #SuperHeroSunday, for the first public appearance of the Marvel makeover of SA’s Vodacom Super Rugby teams.
The Emirates Lions will be dressed in the familiar webbed suit of Spider-Man; the Cell C Sharks will adopt the Black Panther look; the DHL Stormers will be looking to hammer their opponents in the colours of Thor; and the Vodacom Bulls will shield all attacks thrown their way as Captain America.
The jerseys will be exclusively worn in most South African derbies. The teams will wear in their usual jerseys for matches against international opposition.
If you’re attending the event, make sure you know all the ins and outs of what will be happening on Saturday and Sunday:
Attendees have to collect their tickets from Computicket outlets before making their way to the stadium.
Please note there no collection points at the stadium.
No pass-outs between games will be permitted at the stadium on the day.
PUBLIC TRANSPORT Continue reading
This from bbc.com:
US RnB singer and songwriter James Ingram has died in Los Angeles at the age of 66.
The Grammy winner and Oscar nominee had two number one hit songs, in 1983 and 1990.
He also co-wrote Michael Jackson’s Pretty Young Things with frequent collaborator Quincy Jones. Continue reading
STATEMENT BY MAYORAL COMMITTEE MEMBER FOR SAFETY AND SECURITY, ALDERMAN JP SMITH
The City of Cape Town’s Traffic Service is aware of a video clip doing the rounds on social media showing a high-speed crash on the N1 outgoing at the Sable Road off-ramp.
We can confirm that the incident did in fact happen just after midnight this morning, leaving the driver of the BMW seriously injured.
The incident is just the latest example of the devastation wrought by illegal street racers on our streets. What is equally concerning is the group of people gathered on the overpass who were filming the incident.
It is representative of an ongoing problem that our traffic officers have to contend with week in and week out, particularly the Ghost Squad.
Fortunately, this time, no other persons were hurt, but there have been plenty of cases before where innocent persons have paid with their lives because of the recklessness and arrogance of others.
The Western Cape Minister of Social Development, Albert Fritz, condemns the steam-rolling of recent amendments to Sections 249 and 259 of the Children’s Act of 2005. These amendments will make it illegal for anyone to charge fees for professional adoptive services; putting a halt to adoptions both in South Africa and oversees.
Last week, Minister Fritz released an opinion editorial which explained that these amendments would ensure that only state social workers, who are already inundated with cases and untrained in adoptions, would be able to facilitate adoptions. To read this OpEd, click here.
This would have the effect of putting an end to adoptions in our province altogether as Accredited Child Protection Organisations, adoptive social workers, lawyers, psychologists and other associated professionals will not be able to charge for their expertise, not even to reclaim costs. Whilst the Weekend Argus reports that the National DSD will absorb the costs of adoptions; the reality is that its social workers will not have the time to facilitate adoption and that the cost of expertise will place too great a burden on the state.
STATEMENT BY EXECUTIVE MAYOR DAN PLATO
This morning, the City of Cape Town’s Law Enforcement Department caught the occupants of a vehicle who were illegally dumping construction material along Baden Powell Drive, fined the driver and impounded the vehicle.
The type of behaviour displayed by these offenders is completely unacceptable and is a risk not only to the environment, but also to public health. I have asked the City’s Law Enforcement officials to be extra vigilant with those suspected of illegal dumping as they are placing a massive burden on our staff to keep our communities clean when it is private businesses who are making this mess.
The City of Cape Town has 26 drop-off sites for garden refuse, builders’ materials and any other items that do not fit into household wheelie bins. These are more than sufficient to ensure the legal and safe disposal of waste.
The Cape Town Motor Show (CTMS) is set to wow the crowds again at GrandWest Casino and Entertainment World from 2-3 March 2019. The show promises two days of fun and excitement with a broad appeal to all car and bike buffs, petrol heads and the whole family, providing loads of entertainment for everyone.
Now in its third year, the CTMS has grown to become a motor show that rivals some of the best in the world, and this year’s show promises to yet again deliver an even bigger and better spectacle.
The show spans the length and breadth of GrandWest and features a complete range of domestic and imported passenger cars, bikes and trucks, as well as sport utility vehicles and experimental or concept cars. Visitors will have the opportunity to see numerous accessories and auto-related exhibits, competition vehicles, antique and collector cars, engine modifications (pimped-up rides), a Sound Off competition, virtual simulations, car wrapping, drifting, a large 4X4 outside area, live music and much more!
Capetonians are encouraged to comment on the City of Cape Town’s proposal to include the Bo-Kaap area in a Heritage Protection Overlay Zone. Read more below:
The Bo-Kaap is Cape Town’s oldest surviving residential neighbourhood and offers visitors a glimpse of a way of life that is rare in most modern cities.
The area’s historical character is, however, under pressure given its proximity to the central business district and its large-scale developments and traffic congestion, and urban renewal which is driving a high demand for properties within the Bo-Kaap.
The City’s proposal to include the Bo-Kaap area in a Heritage Protection Overlay Zone is aimed at conserving the neighbourhood’s unique historical character and way of life by managing development in a sustainable and considered manner.