Latest News & Developments
The fund, aimed at empowering and skilling South African-born spaza shop owners and other food handling businesses with training, skills, and funds to inject into their business, comes after spaza shop owners were given until February 28 to register their businesses following a wave of food-borne fatalities in Soweto and other parts of the country.
Government ministers have unveiled a R500 million Spaza Shop Support Fund in Soweto, urging South African shop owners to stop leasing properties to undocumented immigrants. The initiative aims to return the township economy to local hands through financial support and skills development, with Minister Ndabeni-Abrahams revealing that only 53% of registered spaza shops are South African-owned.
In a major economic breakthrough, Gauteng has secured R312. 5 billion in investment pledges, exceeding its R300 billion target at the inaugural Gauteng Investment Conference. MEC Lebogang Maile revealed that these investments will be strategically distributed across five development corridors, advancing the province's ambitious R800 billion investment goal for the next three to five years, while strengthening its position as the largest provincial economy in the SADC region
Gauteng's ambitious R527. 2 billion budget for 2025 prioritises healthcare, education, and infrastructure development. With significant allocations including R66bn for health and R69. 6bn for education, the province aims to drive economic growth while improving service delivery across all sectors.
Gauteng Finance MEC Lebogang Maile presents an ambitious R527. 2 billion budget aimed at transforming the province's economic landscape. With targeted investments in health, education, and development, the plan seeks to attract R800 billion in investments while addressing crucial challenges in South Africa's economic powerhouse.
Gauteng's ambitious R211 billion budget allocation reveals major investments in education and healthcare, with R69. 6 billion and R66 billion respectively earmarked for these crucial sectors. MEC Lebogang Maile's comprehensive financial strategy aims to tackle unemployment, inequality, and service delivery challenges across the province.
As Gauteng prepares to unveil its 2025 budget, tensions rise over healthcare funding challenges and political accountability. With a projected R45. 1 billion health budget and the loss of crucial USAID funding, stakeholders demand transparent fiscal management amidst growing service delivery concerns.
In a significant development for Gauteng's municipal governance, the 2023/24 Audit Outcomes reveal a mixed bag of success stories and ongoing challenges.