https://newsletter.po.creamermedia.com
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Africa|Business|Health|Resources|Service|Services
Africa|Business|Health|Resources|Service|Services
africa|business|health|resources|service|services
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

SA govt funding for SAA business rescue will not hurt other services, Mabuza says


Close

SA govt funding for SAA business rescue will not hurt other services, Mabuza says

Should you have feedback on this article, please complete the fields below.

Please indicate if your feedback is in the form of a letter to the editor that you wish to have published. If so, please be aware that we require that you keep your feedback to below 300 words and we will consider its publication online or in Creamer Media’s print publications, at Creamer Media’s discretion.

We also welcome factual corrections and tip-offs and will protect the identity of our sources, please indicate if this is your wish in your feedback below.


Close

Embed Video

2

SA govt funding for SAA business rescue will not hurt other services, Mabuza says

Deputy President David Mabuza
Deputy President David Mabuza

27th November 2020

By: African News Agency

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

South Africa’s government will do all it can to minimise any adverse impact that the re-prioritisation of budget allocations to free up R10.5-billion towards national carrier South African Airways’s (SAA's) business rescue might have on other services, Deputy President David Mabuza has said.

The Presidency on Friday sent out a written copy of Mabuza’s oral response in Parliament the previous day to a question from Democratic Alliance legislator Natasha Mazzone on what steps the government would take to mitigate the negative effects of the budget cuts on social and other essential services.

Advertisement

“When Cabinet approved the support of R10.5-billion allocation to SAA, we did appreciate the state of our finances,” Mabuza said, adding that the delivery of social and other services, and investing in the country’s state owned enterprises such as South African Airways as crucial drivers for development “should not be seen as mutually exclusive”.

“In the contrary, funding of SAA, should be understood in line with preserving strategic and catalytic state instruments for transformation, growth, development, service delivery and employment creation,” he added.

Advertisement

Government departments, the deputy president said, would have to adjust spending priorities and programmes to take into account the revised baseline allocations over the next three years tabled in Parliament last month by Finance Minister Tito Mboweni in his mid term budget policy statement.

“In doing so, we will minimise any adverse impact that the reprioritisation may have on the delivery of social and other services,” Mabuza said.

“Even as we reprioritised the budget, the consolidated expenditure over the next three years shows that there has been no negative decrease on education, health, community development and social development.”

He said South Africa should admit the reality of its shrinking resources that put a strain on national finances, a situation worsened by the Covid-19 pandemic which grounded all by essential services for months when the government enforced a hard lockdown to try and contain the spread of the virus.

“That is why in pursuit of our developmental objectives, we should accept that certain hard trade-offs will have to be made,” Mabuza said.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za