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Public Procurement Bill to be considered by Cabinet

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Cape Town - A Public Procurement Bill, aimed at consolidating the legal and policy framework for supply chain management, will be considered by Cabinet before April 2017, National Treasury said on Wednesday.

Members of Information Regulator appointed

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Pretoria - President Jacob Zuma has in terms of section 39 of the Protection of Personal Information Act, 2013 (Act of 4 of 2013) and on the recommendation of the National Assembly, appointed members of the Information Regulator.

Government to monitor SOEs

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Cape Town - Government is closely monitoring four state-owned companies (SOEs) with the aim of not only stabilising them but mitigating any risks they could pose to public finances, Finance Minister Pravin Gordhan said on Wednesday.

New grant to support social worker graduates

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Cape Town - A new conditional grant to support the employment of social worker graduates from the national scholarship programme will be introduced next year, National Treasury said on Wednesday.

Infrastructure investment remains a priority

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Cape Town - In line with the National Development Plan, investment in infrastructure remains a policy priority with public-sector infrastructure investment plans totalling R987.4 billion over the medium term.

Roadmap needed to finance higher education

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Cape Town - A roadmap to finance the study costs of poor and working class students is needed to address the ongoing university fees protests across the country, government said on Wednesday.

R553m allocated towards drought relief

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Cape Town – Government will over the next three years provide an additional R553.3 million towards drought relief efforts, National Treasury said on Wednesday.

Departmental operating budgets to be cut by 1.1%

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Cape Town – As economic growth remains subdued with a cap imposed on the expenditure ceiling, government departments would be asked to reduce their operating budgets to avail funds for critical areas of spending.

Treasury proposes stringent measures to bolster growth

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Cape Town - Finance Minister Pravin Gordhan says National Treasury will take a measured consolidation approach in order to create conditions that will set the country on a path of rapid economic growth.