5 important things happening in South Africa today

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5 important things happening in South Africa today

The Council for Medical Schemes says your medical aid isn't going anywhere under the NHI; a new survey shows that nothing will convince drivers to start paying e-tolls; debt experts warn that the new debt relief laws aren't a pass for a free-for-all on credit spending; and government departments have been told to get ready to cut budgets.
 

Gaz{M}

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Feb 9, 2005
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Budget cuts of 5%, 6% and 7%. Cumulative: 19% in three years.

And then don't forget they will bend over and give all Gov employees at least a 6% increase each year.

So budget cuts probably need to be closer to 40% by 2022 to accommodate salary increases.

Basically, what will happen is that departments will have a massive salary bill and almost no money for any supplies or capital projects, so employees will be sitting around doing nothing.
 

Kosmik

Honorary Master
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Sep 21, 2007
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19,174
Budget cuts of 5%, 6% and 7%. Cumulative: 19% in three years.

And then don't forget they will bend over and give all Gov employees at least a 6% increase each year.

So budget cuts probably need to be closer to 40% by 2022 to accommodate salary increases.

Basically, what will happen is that departments will have a massive salary bill and almost no money for any supplies or capital projects, so employees will be sitting around doing nothing.
Normal operandi then?
 
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