• Latest
  • Trending
Economists not impressed with Mboweni’s maiden budget speech

Unemployed people to march ahead of budget speech

February 26, 2020
Pfizer vaccine only slightly less effective against key South African mutations – Study

Undocumented migrants and vaccination in South Africa question

February 26, 2021
Red Cross postpones aid convoys after Aleppo attack

Syrian migrant sets sights on seat in German parliament

February 26, 2021
R15.5BN PAID BACK TO SOUTH AFRICANS IN TAX RETURNS

R3 billion investment into SARS is warning to taxpayers in South Africa

February 26, 2021

Libyan Prime Minister-designate proposes unity government plan

February 26, 2021
Zimbabwe has begun the process of acquiring COVID-19 vaccines: Vice President

Israel freezes programme to send vaccines abroad, defence minister says

February 26, 2021
Mkhize determined to get to bottom of VBS ‘corruption’

AstraZeneca deal was sealed before new variant in SA: Mkhize

February 10, 2021
Zuma no-confidence motion set for Thursday – South Africa parliament

COVID-19 direct response should form the basis of Ramaphosa’s SONA: ANC

February 10, 2021
J&J applies for COVID-19 vaccine emergency authorisation from SA

J&J applies for COVID-19 vaccine emergency authorisation from SA

February 10, 2021
All systems go for 6th Parliament SONA

Job opportunities will come, Ramaphosa tells labour federations

February 2, 2021
AstraZeneca vaccine to undergo quality assurance checks before rollout: Mkhize

AstraZeneca vaccine to undergo quality assurance checks before rollout: Mkhize

February 1, 2021
Portfolio Committee on Health notes poor record keeping at Tembisa Hospital

Portfolio Committee on Health notes poor record keeping at Tembisa Hospital

February 1, 2021
Algeria says it has discussed with Russia about producing Moscow’s Sputnik V vaccine

Algeria says it has discussed with Russia about producing Moscow’s Sputnik V vaccine

February 1, 2021
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement
Saturday, March 6, 2021
  • Login
TP
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement
No Result
View All Result
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement
No Result
View All Result
TownPress
No Result
View All Result
Home Business

Unemployed people to march ahead of budget speech

February 26, 2020
in Business
0
Economists not impressed with Mboweni’s maiden budget speech
165
SHARES
798
VIEWS
Share on FacebookShare on Twitter

As Finance Minister Tito Mboweni puts the final touches to his budget speech, about 200 unemployed people will on Wednesday march to the Cape Town municipal offices as part of their programme of action under the slogan “the cry for the excluded “.

The South African Federation of Trade Unions (SAFTU) will also join in the call for a pro-poor budget from the Minister and will picket during the budget speech.

The organiser of the Assembly of the Unemployed, Khokhoma Motsi, says they want to make government aware of their plight, crisis, and demands.

Motsi says, “We have unemployment because we were dispossessed of our land. We demand the right to work. We demand a basic income grant and then we are also saying the budget that the government is giving out every year doesn’t reach the poor of the poorest.”

Retrenched mineworkers want government to resuscitate mines

Retrenched mineworkers and unemployed youth in Marikana in the North West are hoping that Mboweni’s budget speech will give light on how the unemployment will be tackled.

Mining companies have been retrenching in the past few years, with the Rustenburg Chamber of Commerce, estimating that the number of retrenched mine workers stands at 60 000 since 2014.

The mines blame retrenchments on high input costs, increasing electricity prices, load shedding and declining global commodity prices.

Some of the retrenched workers say government must try to resuscitate mines, firms and farms. They also call on Parliament to attend to the issue of contractors.

The Rustenburg Chamber of Commerce’s Pieter Malan gives solutions to how government can mitigate against the effects of retrenchments.

Malan says, “Firstly, we need to acknowledge the crisis of unemployment and joblessness. There needs to be more efforts channelled into that area and that is not just in the formal education system. We are not addressing the number of drop outs from school, those that never even reached matric, we are not skilling them up, to make them employable and so they remain unemployed, but unemployable.”

Free State residents urge budget to cater for municipalities

In the Free State, some residents have urged Mboweni to ensure that his budget caters for municipalities.

Several of the province’s municipalities are in dire financial straits. Four of them have been placed under administration.

Community leader Mzwadile Phupha says the budget should focus on uplifting ailing municipalities.

Phupha says, “Our municipalities have collapsed in the Free State. We don’t have leadership so there can’t be money if there is no leadership. There can’t be money if there is no leadership because the money should be accounted for. The lives of our mothers and fathers in shacks must be uplifted.”

Economists say budget will be the most important

As Mboweni prepares to present his budget in Parliament, some economists say it is will be the most important since South Africa ushered in the democratic era in 1994.

He will have to balance the urgent need to stimulate economic growth with the necessity to cut costs across government.

Some civil society organisations and labour are calling for a pro-poor budget that also protects jobs.

Comments

Tags: Budget Speech 2020Tito Mboweni
Share69Tweet40Share11Share16Send
Previous Post

Tito Mboweni’s biggest challenge is reining in debt, says DA

Next Post

Soweto residents adamant they will not pay for electricity

Next Post
Soweto residents adamant they will not pay for electricity

Soweto residents adamant they will not pay for electricity

Please login to join discussion
No Result
View All Result
Currently Playing

SAElections2019 Indelible Ink & Election Fraud

SAElections2019 Indelible Ink & Election Fraud

00:01:40

Why would Mampintsha assault Babes Wodumo?

00:00:40

Alph Lukau “raising the dead” is a fraud

00:01:36

Moozlie Mabena involved in a live video crash

00:00:58

Welkom Hijack Man shot in parking lot

00:01:04

Female theft suspects tries to evade guards at Clear Water Mall

00:01:48

Franchise Driver on duty with sex worker

00:00:47

Courageous female driver attack hjackers on driveway

00:01:33

University of Zululand Student stabbed to death by roommate

00:00:41

Vehicle High Jacking on Cedar road, Midrand

00:01:57

Watch thief steal a Hilux in Bloemfontein

00:01:05

Watch Mosque Shoe snatchers in action

00:00:43

Watch these Unbelievable Shoplifters Caught with the Loot

00:03:13

Journalist attacked by EFF Floyd Shivambu and security details

00:00:43

Attempted cash in transit heist by DSTV office in Randburg

00:00:48

KFM Presenters and the Three Rs Blunder

00:00:59

SAPS Higspeed chase

00:01:08

Ruthless home invaders in westrand

00:01:30

Dj Khomza bashes girlfriend with a spanner

00:01:56

Daybreak Robbery in Auckland Park

00:01:15

Fake Police arrested in Johannesburg

00:01:00

#MduduziManana assault video at Cubana

00:00:29

Racial assault of couple at KFC montana

00:01:22

Smart Porsche driver escapes hijackers in Johannesburg

00:00:49

VW Polo Hijack at Kempton Park filling station

00:02:13

Women caught husband cheating and jumps on Carhood

00:02:02

Carlton Centre, Joburg Heist

00:01:06

Did Malema call Mandela a Sellout ?

00:02:01

Petrol Attendant beat up a man

00:01:01

Car Hijack gone wrong

00:02:15

Armed robbery in Alberton

00:00:52

Mother and son in Polokwane attacked by panga wielding robbers

00:02:04

Hyundai i10 Hijacking in Chatsworth

00:00:59

Check more Videos on Youtube

Connect

Connect
TownPress

Copyright © 2021 Townpress.

Navigate Site

  • Terms and conditions
  • About Us
  • Subscription
  • Contact
  • Account

Follow Us

No Result
View All Result
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement

Copyright © 2021 Townpress.

Welcome Back!

Login to your account below

Forgotten Password?

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

Add New Playlist

Go to mobile version
This site uses cookies to improve user experience: Find out more.