Kaya 959 Kaya Biz

Gauteng Education & Health Department receive more budget

Loading player...
[SOURCE, SOWETAN] Gauteng health and education departments are set to receive the lion's share of the province's R153bn budget for the 2022/2023 financial year.
This was revealed by finance MEC Nomantu Nkomo-Ralehoko as she delivered the budget speech on Wednesday at the Gauteng legislature.

Education is due to receive R59.7bn while the Department of Health will get R59.4bn.
Nkomo-Ralehoko said the 2022 Medium-Term Expenditure Framework (MTEF) budget was the culmination of a protracted planning process, both at national and provincial level.
She added that the budget was tabled under a tight fiscal environment characterised by the economic impact of the pandemic, the negative impact of the July unrest on the economy and resultant negative investor confidence, and the ever-increasing levels of unemployment.
9 Mar 2022 3AM English South Africa Business News · Investing

Other recent episodes

Budget 2026: From stabilisation to real economic rvhnelief

South Africa’s 2026 Budget provides a cautiously optimistic economic outlook, signalling early momentum from ongoing structural reforms, improved investor sentiment, and easing inflationary pressures. With growth forecasts gradually rising, tax relief measures introduced to protect disposable income, and a narrowing fiscal deficit, the Budget reflects the government's attempt to balance…
26 Feb 3PM 11 min

Consumer safety alert: NCC investigates popular sanitary pad brands

A product designed for dignity and basic hygiene is now at the centre of a national safety investigation. South Africa’s National Consumer Commission has launched a probe into several sanitary pad and panty liner brands following findings by the University of the Free State that detected potentially harmful chemical elements…
26 Feb 1PM 9 min

Motus interim results

Motus Holdings Limited has delivered a stronger interim performance, signalling resilience in the country’s automotive and mobility sectors. For the six months ended 31 December 2025, the group reported an 8% increase in operating profit to R2.7 billion, a sharp 23% decline in net finance costs, and a 19% jump…
26 Feb 3PM 11 min

What budget means for the property market

South Africa’s 2026 Budget has delivered a suite of consumer-friendly fiscal measures aimed at putting more money back into households and supporting small business activity. For the property sector, the adjustments to tax brackets, savings incentives, and capital gains exclusions signal an environment designed to strengthen demand and improve affordability…
26 Feb 3PM 11 min

Inside Your Business: SMEs, Budget 2026 and Black Business Participation

Black Business Council CEO Kganki Matabane unpacks what Minister Enoch Godongwana’s Budget means for businesses by focusing on practical impacts, including tax pressure, SME support, procurement access, and whether fiscal policy truly improves the operating environment for black and small businesses.
26 Feb 1PM 4 min
All episodes