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In 2019 the 17.1% of all South African taxpayers were located in the Western Cape; the province contributed 16.9% of the country's total taxable income thereby contributing to just under R 269.58 billion to the fiscus. [16] Below is a breakdown of the Western Cape governments 2021/22 budget.
In 2017, a whistleblower notified the U.S. Securities and Exchange Commission and US Department of Justice, alleging possible violations of the Foreign Corrupt Practices Act in awarding of a R1 billion (2015) (equivalent to R1.17 billion or US$88.54 million in 2018) [6] contract to the Oracle Corporation by National Treasury in 2015.
The minister of finance is a minister in the Cabinet of South Africa who is the political head of the National Treasury.The minister of finance is responsible for the financial management of government affairs, drawing up the budget, and developing economic policy (in cooperation with the minister of economic development and the minister of trade and industry).
The speech and the lack of commitment by the government to roll back apartheid legislation resulted in a sovereign default [8] on the debt when global lenders refused to rollover South Africa's debts. [9] The final payment of $6.89 billion on the $13.6 billion 1985 debt was made by the South African government in 2001. [6]
U.S. Deputy Treasury Secretary Wally Adeyemo on Wednesday urged South Africa to step up its battle against corruption, saying that work could help boost job creation in a country facing an ...
The Executive Council of Limpopo is the cabinet of the executive branch of the provincial government in the South African province of Limpopo.The Members of the Executive Council (MECs) are appointed from among the members of the Limpopo Provincial Legislature by the Premier of Limpopo, an office held since June 2023 by Phophi Ramathuba.
The current Premier of Limpopo Province is Stanley Mathabatha who assumed office on 18 July 2013. This is the current Executive Council, as of 2019. This is the current Executive Council, as of 2019. v
The Limpopo Provincial Legislature is the primary legislative body of the South African province of Limpopo. It is unicameral in its composition, and elects the premier and the provincial cabinet, the Limpopo Executive Council , from among the members of the leading party or coalition in the parliament.