Latest news with #R270
eNCA
3 days ago
- Business
- eNCA
Comrades Marathon expected to inject over R600m into KZN economy
DURBAN - This weekend's annual Comrades Marathon is set to rake in millions in tourism. Tourism officials say the economic spin-off from the Comrades Marathon topped R600-million last year and it is expected to be even more this year. Race organisers estimate predicting it could reach over R600-million, with a direct spend of over R270,000 and at least 1,800 jobs created. The race is expected to have attracted the largest ever down run field in the history of the race, with at least 24,000 runners at the start line.
Eyewitness News
6 days ago
- Business
- Eyewitness News
Opposition political parties have mixed reaction to WC's R270bn budget
CAPE TOWN - The Western Cape's budget has been met with mixed reactions from opposition political parties. On Tuesday, provincial Finance MEC Deidre Baartman retabled an almost R270 billion budget for the province for the next three years. The bulk of this budget will be spent on education and health, with an allocation of R100 billion for each department. Just over R6 billion will go towards housing, and more than R8 billion will be spent on social protection. The African National Congress (ANC)'s Nomi Nkondlo said it was unfortunate that the Democratic Alliance (DA) had tabled the same budget, despite concerns raised by opposition parties when the initial budget was tabled in March. "The Western Cape continues to record highest in crime and murder rate in the country. We also are affected by teacher cuts, which are causing overcrowding and the quality of education deteriorating in poor schools. The healthcare system that is collapsing in hospitals which are understaffed and the healthcare sector that is not recovering the loss of the USAID fund." However, the Patriotic Alliance (PA)'s Basil Petrus said the party welcomed the budget. "The PA welcomes the decision that there will be no VAT hike. We support the allocations on infrastructure development to create jobs and economic opportunities. The Patriotic Alliance will monitor the spending of funds on education, health, law enforcement and social development that needs more intervention. We hope that our communities who need it the most will benefit out of the budget."
Eyewitness News
28-05-2025
- Business
- Eyewitness News
City of Joburg's Finance MMC tables R89bn budget
JOHANNESBURG - Johannesburg Finance MMC Margaret Arnolds has tabled an R89 billion budget for the upcoming financial year. Arnolds delivered her maiden budget speech in the council in Braamfontein this morning. Electricity and water remain the metro's biggest sources of revenue, with property rates and taxes also bringing in some money. Despite ongoing challenges with revenue collection, the City of Johannesburg has proposed an increased budget, rising from R83 billion to R89 billion. READ: CoJ wants to incerase electricity surcharge to R270 a month The primary driver of this growth in total revenue is the rise in service charges, mostly for water and electricity. Additional increases in refuse collection fees and property rates have also contributed to the city's boosted revenue. Finance MMC Margaret Arnolds has confirmed that the budget is fully funded. 'Revenue for 2025/26 reflects a 9.3% increase compared to the previous year. This increase is primarily driven by service charges, which account for the largest share of the city's revenue base.' She says the city now has to focus on boosting its revenue collection efforts.
Eyewitness News
28-05-2025
- Business
- Eyewitness News
ActionSA says won't support CoJ budget unless R200 electricity surcharge scrapped
JOHANNESBURG - ActionSA in Johannesburg has announced it will not support the metro's proposed budget if it includes a R200 electricity surcharge. Finance MMC Margaret Arnolds is scheduled to deliver her budget speech in council at midday. The party is one of several in the municipal council urging the metro to ease the burden of rising electricity costs on residents. READ: CoJ wants to incerase electricity surcharge to R270 a month When ActionSA agreed to join the African National Congress (ANC)'s camp in 2024, one of its key conditions was the removal of the R200 electricity surcharge. The ANC had assured ActionSA, the surcharge would be scrapped before the start of the new financial year, which starts on 1 July. However, Mayor Dada Morero announced during his State of the City Address earlier in May that the surchage is here to stay. It's for this reason that ActionSA chief whip, Lebo Modukanene said the party won't back the budget. 'We saw in the adjustment budget that it was not scrapped, and they said it would be scrapped in the budget, but we are still going to find the surcharge. This means more strain or burden will still be placed on residents to fund this budget.' She said the surcharge was a deal breaker for ActionSA's relationship with the ANC.
The Citizen
22-05-2025
- Entertainment
- The Citizen
Kim Kardashian graduates from law school after six years
Kim enrolled in the Law Office Study Programme in 2018 and dedicated 18 hours weekly to her legal studies for over six years. Reality TV personality Kim Kardashian has graduated from law school after six years, dedicating her academic achievement to her late father, Robert Kardashian Sr, who was a lawyer. Kim enrolled in the Law Office Study Programme in 2018 and dedicated 18 hours weekly to her legal studies for over six years. 'I finally graduated law school after six years,' wrote Kim on her Instagram. ALSO READ: O.J. Simpson estate rejects Kim Kardashian's R200k+ offer to buy her late father's bible Kardashian Sr. Kardashian Sr. died in 2003. He was part of O.J. Simpson's legal team in 1994 during O.J.'s publicised murder trial. For their mother's graduation ceremony, Kim's kids wore suits and looked like lawyers to pay homage to their grandfather. Earlier this year, Simpson's estate denied Kim the opportunity to buy a bible that her father had gifted to Simpson. The bible is made special by a message Kim's father wrote for the former National Football League star. 'O.J., this book will help,' the note reads. 'God loves, and he will speak to you with his words. Read this book every day. God has a definite plan for your life. You are his child, and he will use you again. I love you and God loves you.' Kim's offer was reportedly rejected because, according to OJ's estate executor Malcolm LaVergne, obtaining the proper paperwork to sell the item outside the auction would cost around the same amount in legal fees. 'The amount is why I had no choice, because why would I spend $15 000 (about R270 000) of estate money – why would I spend $15 000 in attorney's fees – to sell it to Kim for $15 000,' LaVergne is quoted as saying in The Mirror. ALSO READ: 'I thought I was going to die,' Kardashian tells in Paris robbery trial Kim in court Kim told a Paris court on Tuesday she feared she was going to be killed by masked men who robbed her at gunpoint of millions of dollars of jewellery during the French capital's fashion week. Ten suspects have been on trial since late April over the armed robbery in 2016, which saw jewellery worth some $10 million stolen from the reality TV star and influencer. 'I'm Kim Kardashian and I just want to thank everyone, especially the French authorities, for allowing me to testify today and tell my truth,' she told the packed court as she began giving evidence, wearing a black suit. The trial has attracted huge media attention, with close to 500 reporters accredited. Crowds flocked around the courthouse on Paris's historic Île de la Cité, with fans hoping for a glimpse of the celebrity. 'I came to Paris for Fashion Week and Paris is always a place I love so much,' Kardashian said as she gave the court her account of the night of 2-3 October, 2016 when she was robbed while staying at an exclusive, discreet hotel in central Paris. NOW READ: 'I had to give him the ring': Kim Kardashian opens up about her short-lived marriage to Kris Humphries
