This from iol.co.za:
Johannesburg – The rand slipped sharply after Finance Minister Pravin Gordhan cut his 2016 growth forecast on Wednesday to 0.9 percent, down from a previous forecast of 1.7 percent, citing a recent drought.
At 1220 GMT (2.20pm) the rand was 1.6 percent weaker to 15.420 per dollar from 15.3350 before the budget began.
Honourable Speaker Mister President
Mr Deputy President
Cabinet Colleagues and Deputy Ministers Governor of the Reserve Bank
MECs of Finance Fellow South Africans
I have the honour to present the 2016 Budget of President Zuma’s second administration.
We do so in a spirit of frankness, both about our challenges and the opportunity to turn our economy’s direction towards hope, confidence and a better future for all.
Low growth, high unemployment, extreme inequality and hurtful fractures in our society – these are unacceptable to all of us.
I have a simple message. We are strong enough, resilient enough and creative enough to manage and overcome our economic challenges. Continue reading
The City of Cape Town’s Anti-Land Invasion Unit (ALIU) today, 23 February 2016, had to act to protect land that was illegally invaded in Parkwood Estate.
The invasion started on Sunday evening, 21 February 2016, when a group of backyard dwellers erected illegal structures in Acacia Road. When ALIU staff arrived at the scene at about 22:30 that night, they found 50 residents in the process of erecting small structures. They warned the group that they were acting unlawfully and that they should take down the structures. Continue reading
The City of Cape Town reminds residents that due to hot weather, an extended billing period, and the Level 2 water restriction tariffs, many may notice a spike in their water bills this month. We would also like to assure all residential customers that the Accounts Department has made allowance for the longer billing period. Residents are not being penalised in terms of the higher steps of the tariff, which are being applied correctly. Read more below:
In light of the recent enquiries and social media posts on the subject, the City of Cape Town would like to remind residents that increased water and sanitation tariffs have been implemented since 1 January 2016 as part of water restrictions.
For an average domestic customer, the differences in price are as follows:
|Steps||Unit||Level 1 (10% reduction)||Level 2 (20% reduction)|
|Step 1 (0 < 6 kl)||Per kl||R0||R0|
|Step 2 (>6 < 10,5 kl)||Per kl||R11,07||R11,66|
|Step 3 (>10,5 < 20 kl)||Per kl||R15,87||R18,24|
|Step 4 (>20 < 35 kl)||Per kl||R23,51||R29,75|
|Step 5 (>35 < 50 kl)||Per kl||R29,03||R45,40|
|Step 6 (>50 kl)||Per kl||R38,30||R85,09|
The City of Cape Town’s Social Housing Unit is ramping up efforts to tackle crime and anti-social behaviour in City-owned rental stock. Last Monday, officers attached to the Law Enforcement Unit dealt a drug dealer a nasty blow when they confiscated R10 000 worth of dagga thanks to a tip-off from a member of the public. Continue reading
The City of Cape Town’s Safety and Security Directorate gave Steenberg’s 10 most wanted suspects their moment in the spotlight on Thursday 18 February 2016.
The City’s Executive Mayor, Patricia de Lille, joined Expanded Public Works Programme workers at the Stodels Nursery in Kenilworth today to encourage customers to work with the City and help save water.
We live in a water-scarce country with the harsh effects of climate change already being felt.
Because the City’s dam levels are lower than the norm for this time of year, the City of Cape Town implemented Level 2 restrictions (20% savings) to preserve the long-term sustainability of this resource.
As of 1 January 2016, customers are being charged according to a tariff designed to be revenue-neutral when applied to the 10% reduced consumption levels.
In other words, if the customer reduces their consumption by 10%, their bill should remain at a similar rand value. Continue reading
Generations: The Legacy actor Rapulana Seiphemo is reportedly fighting after being involved in an horrific accident last night.
Seiphemo, popularly known as the character Tau, is said to be in a critical condition at Milpark hospital after a car crash in which two people lost their lives. The accident took place on the N14, near Diepsloot.
Publicist for Generations: The Legacy Gaaratwe Mokhethi was understandably reluctant to divulge any details about the incident and Seiphemo’s condition.
Full story here:
A draft Freight Management Strategy to ensure that freight transport within Cape Town is safe and efficient, serves the needs of the economy without compromising the access and mobility of other road users, and that freight operators comply with regulations, is available for public comment. Read more below:
‘Our local and regional economy is based on global trade and depends largely on the efficient road-based transport of cargo to and from the port, airport and between cities and towns. The City is responsible for the provision of a safe, efficient and reliable road network. We must, however, also take into consideration the significant impact that road-based freight has on the city’s roads and the urban environment. Counting among the effects are carbon emissions, congestion and road accidents. Furthermore, the cost of maintenance of our roads amounts to R713 million per year – a cost that is currently not equitably divided between freight vehicles, public transport, and private motor vehicles,’ said the City’s Mayoral Committee Member: Transport for Cape Town, Councillor Brett Herron. Continue reading