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

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min