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City sets aside over R76m for programme assisting unemployed residents to gain invaluable skills

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The City has set aside approximately R76, 500 000 for its Expanded Public Works Programme which aims to get recruits to perform a variety of duties such as basic bricklaying, plastering, plumbing, carpentry and general labour. This programme is assisting unemployed residents to gain invaluable skills which the City says helps people put food on the table. In the latest housing project, the City has partnered with the Greenville housing project in Fisantekraal near Durbanville.

Written by: Keenan Williams

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Government expects SA debt to GDP ratio to stabilise at 71% this year

The economic recovery of the country was derailed by the floods in KwaZulu Natal. That was revealed by finance minister Enoch Godongwana who delivered his medium term budget policy statement in the National Assembly at the Cape Town City Hall yesterday. Government expects that the country’s debt-to-GDP ratio will stabilise at 71% this year, down from a previous projection of 74% in the February budget.  

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