MEC Mamabolo adds R4.5 billion to Gauteng budget to fund energy projects and expand frontline services to communities.

Loading player...
GUEST – Jacob Mamabolo – Gauteng Finance MEC



The budget for Gauteng has been revised upwards by R4.6bn with the department of health taking more than half the additional allocation to cover compensation of employees.

The Gauteng medium-term budget policy statement tabled by finance MEC Jacob Mamabolo in the provincial legislature on Tuesday.

Gauteng's total budget increased by R4.6bn from the R163.5bn allocation in March. The health department received R2.4bn to fund its wage agreement, followed by the department of roads and transport with R1.5bn.

Among the programmes allocated for the department of roads and transport is the gazetting of operating licensing and the new number plates project announced by the premier earlier in 2023. The department will use R280m of the allocation for rehabilitation of roads in Emfuleni local municipality.
27 Nov 2023 3PM English South Africa Business News · Investing

Other recent episodes

Can You Trust AI for High-Stakes Decisions?

Should you rely on AI for critical legal or financial choices? My AI Lawyer Head of Services Michael Visser joins Nzinga Qunta to unpack how specialized AI acts as an affordable starting point to navigate your rights before paying for professional advice.
5 Nov 1PM 13 min

How to Invest in Banana Trees

Expanding beyond traditional livestock, crowdfarming is now giving everyday South Africans direct access to plant-based farm assets. Ntuthuko Shezi breaks down the mechanics of banana tree investments, harvest yield returns, and risk management for retail investors looking to grow real farm wealth.
5 Nov 1PM 15 min

FlySafair’s R7bn Deal Approved

Following the Competition Tribunal’s approval of Harith’s takeover of FlySafair, aviation analyst Guy Leitch joins KayBiz to unpack market concentration, cross-ownership with Lanseria Airport, and the impact on domestic ticket prices.
5 Nov 12PM 8 min

Reshaping Philanthropy

Operating globally, the Black Feminist Fund is challenging traditional donor models. We unpack how flexible core funding and participatory grantmaking shift capital and long-term institutional power directly to grassroots movements.
5 Nov 12PM 16 min