Govt may dip into reserve funds
Finance minister Enoch Godongwana could hint at the government possibly drawing from a R459bn special reserve account to augment revenue shortfalls when he delivers the medium-term budget on Wednesday.
Stay updated with breaking news from Maarten Ackerman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Finance minister Enoch Godongwana could hint at the government possibly drawing from a R459bn special reserve account to augment revenue shortfalls when he delivers the medium-term budget on Wednesday.
News update: The defence in the Senzo Meyiwa murder trial argued that an accused’s constitutional rights were not properly explained to him.
There is not a lot of good news for the South African economy over the next few years as the country battles energy and logistics constraints.
The iconic Fedhealth MTB Challenge, one of the most exciting family-oriented mountain bike events, which will be hosted at Root44 on Saturday 9 and Sunday 10 September. Families can look forward to getting out of the house and enjoying an active day out on the trails with their loved ones. After working up an appetite, a vast array of mouth-watering treats are on offer at the popular Root44 Market, which boasts more than 40 food vendors, 22 local artists, an indoor kids’ play area and a luxurious sit-down restaurant.
Volatility, inflation, financial (in)stability, sound investing, but what does this mean for folk like us? Maarten Ackerman, chief economist at Citadel, will demystify these concepts for members of the University of the Third Age (U3A) Helderberg and visitors during its monthly meeting at the Strand Town Hall.