• Subscribe
  • Advertise
  • About Us
  • Contact
Thursday, June 5, 2025
No Result
View All Result
Student Living South Africa
Advertisement
  • Home
  • News
    • Community
    • Ground Up
    • Crime
    • Provincial
    • National
  • Lifestyle
    • Entertainment
  • Sports
    • Schools Sports
    • Club Sports
  • People
  • About Us
    • Editorial Policy
No Result
View All Result
  • Home
  • News
    • Community
    • Ground Up
    • Crime
    • Provincial
    • National
  • Lifestyle
    • Entertainment
  • Sports
    • Schools Sports
    • Club Sports
  • People
  • About Us
    • Editorial Policy
No Result
View All Result
Student Living South Africa
Home Announcement

Gauteng Budget Swells by R886 Million Following National Fiscal Adjustments

Staff Reporter by Staff Reporter
June 3, 2025
Reading Time: 2 mins read
1 0
0
Gauteng Budget Swells by R886 Million Following National Fiscal Adjustments

Gauteng Finance MEC Maile tables Gauteng Budget 2.0

Share on FacebookShare on X

The Gauteng Provincial Government has increased its 2025/2026 budget by R886.6 million, re-tabling the total to R172.3 billion following adjustments prompted by changes at the national level.

Finance MEC Lebogang Maile presented the revised budget after the national budget, initially delayed twice due to disagreements over revenue mechanisms, was finally tabled by Finance Minister Enoch Godongwana on 21 May 2025.

The budget boost comes from unspent funds and revenue overcollection from the previous financial year, contradicting earlier media reports that R1.8 billion would be lost to National Treasury. “These funds were never lost. They have now been re-injected into the provincial fiscus,” Maile explained.

Key allocations in the adjusted budget include:

  • R332 million to Human Settlements,
  • R314.9 million to Roads and Transport,
  • R100 million to Economic Development,
  • R50 million each to the Office of the Premier and the Department of Environment,
  • R23.8 million to Agriculture and Rural Development, and
  • R18 million to the newly formed Department of Environment.

Despite fiscal pressures, the province affirmed its commitment to funding priorities outlined in the State of the Province Address, including infrastructure development, economic stimulation, and social services.

In April, the Gauteng Investment Conference secured R312.5 billion in investment pledges across 60 projects—surpassing its R300 billion target—bolstering confidence in the province’s economic future.

“Gauteng remains the economic nerve centre of South Africa,” Maile emphasized. “Even amid fiscal constraints, we are making strategic reallocations to drive growth and service delivery.”

The revised budget is aligned with the province’s Medium-Term Development Plan and is supported by a Revenue Enhancement Strategy focusing on system efficiencies and exploring new funding sources.

Staff Reporter

Staff Reporter

Student Living South Africa is a digital news platform by MeD8 Media, empowering tertiary students with reliable news and insights. It provides journalism students hands-on experience while fostering credibility. A member of the Press Council and AIP, it connects students nationwide, ensuring relevant, trusted information for their academic and personal growth.

Related Posts

Walking for Dignity and Hope: Bakwena Charity Calls for Support to Uplift Rural Youth

Walking for Dignity and Hope: Bakwena Charity Calls for Support to Uplift Rural Youth

by Staff Reporter
June 5, 2025
0
23

By Akhona Valashiya In the heart of North West’s rural villages, a powerful transformation is quietly unfolding. For over 15...

SASSA Halts Payments for Over 210,000 Grant Beneficiaries Over Income Irregularities

SASSA Halts Payments for Over 210,000 Grant Beneficiaries Over Income Irregularities

by Staff Reporter
June 3, 2025
0
41

By Rodger Mandhlazi More than 210,000 social grant recipients will not receive their June payments after being flagged for potentially...

Degrees and Deliveries: Buhle Sindane Balances Graduation and Business

Degrees and Deliveries: Buhle Sindane Balances Graduation and Business

by Staff Reporter
June 3, 2025
0
21

By Zanele Makola While most graduates take time to celebrate, Buhle Sindane (26) went straight from the graduation stage to...

gray and blue Open signage

R500 MILLION SPAZA SHOP SUPPORT FUND TARGETS TOWNSHIP AND RURAL ENTREPRENEURS

by Staff Reporter
June 2, 2025
0
35

By Nkosinathi Mandhlazi The Department of Small Business Development has launched a R500 million Spaza Shop Support Fund aimed at...

R11 MILLION BOOST FOR SMMEs IN MPUMALANGA

R11 MILLION BOOST FOR SMMEs IN MPUMALANGA

by Staff Reporter
June 2, 2025
0
32

By Rodger Mandhlazi The Mpumalanga Department of Economic Development and Tourism has injected R11 million into struggling Small, Medium, and...

a person standing in front of a laptop computer talking on a cell phone

10 Business Ideas for South African Youth That Actually Work

by Epress Admin
May 30, 2025
0
29

Starting a business while you're young is not just about making money — it’s about gaining experience, building networks, and...

Recent Posts

  • Walking for Dignity and Hope: Bakwena Charity Calls for Support to Uplift Rural Youth
  • Gauteng Budget Swells by R886 Million Following National Fiscal Adjustments
  • SASSA Halts Payments for Over 210,000 Grant Beneficiaries Over Income Irregularities
  • Degrees and Deliveries: Buhle Sindane Balances Graduation and Business
  • OLORATO MONGALE’S MURDER SERVES AS A STARK REMINDER OF THE DANGERS WOMEN FACE DAILY IN SOUTH AFRICA.

Recent Comments

No comments to show.

About Us

Student Living South Africa

Student Living South Africa is a digital news platform by MeD8 Media, empowering tertiary students with reliable news and insights. It provides journalism students hands-on experience while fostering credibility. A member of the Press Council and AIP, it connects students nationwide, ensuring relevant, trusted information for their academic and personal growth.

Member of

Subscribed to

Developed by

Subcribed to

Newsletter

Student Living South Africa

Subscribe to our newsletter for credible news, exciting competitions, and event updates tailored for tertiary students. Don’t miss out—stay connected and informed!

  • About
  • Advertise
  • Subscribe
  • Contact
  • Terms & Conditions
  • Editorial Policy
  • Cookie Policy (ZA)
  • Editorial Policy
  • Lifestyle

© 2024 Publsihed by - MeD8 Media.

No Result
View All Result
  • Politics
  • Municpality
  • Local Business
  • Provincial
  • National
  • Entertainment
  • Events
  • Schools
  • Announcements
  • Sports
  • Community
  • Letter
  • Crime
  • People
  • Local Heros
  • Food

© 2024 Publsihed by - MeD8 Media.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent
We use technologies like cookies to store and/or access device information.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}