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In 2021/22 the Western Cape Provincial government received a total budget of just under R 72.35 billion with 74% (R54.445 billion) of that in the form of "equitable shares" from the national government budget, 18% (R13.53 billion) in the form of "conditional grants" from national government, 4% in "financing", 3% from the provinces own receipts ...
As of 2020, at current rates of expenditure and revenue generation it is expected that by 2028/29 the country's debt to GDP ratio will exceed 100%. The COVID-19 pandemic saw a notable increase in South Africa's national debt as government borrowing increased to fund economic stimulus and combat the pandemic.
403 (2020) Website. www .pic .gov .za. The Public Investment Corporation (PIC) is a South African state-owned entity (SOC [1]) with R2.548 trillion (USD 148 Billion) of assets under management as of 31 March 2022. [2] It is Africa's largest asset manager. [3] Established in 1911, it holds large stakes in several South African companies, and is ...
NewGold - NewGold gives investors the opportunity to benefit from the performance of the value of Gold Bullion Debentures [22]. 1nvestPalladium - The AfricaPalladium ETF is an exchange traded fund incorporated in South Africa. The fund is structured as non-interest bearing debentures that tracks the performance of the ZAR spot price of palladium.
Allan Gray is an investment management firm headquartered in South Africa, established with the objective of offering a range of investment solutions. [1] In addition to its primary location, the firm has expanded its operations to include offices in Botswana, Namibia, and Eswatini, reflecting its broader geographic reach within the region.
The National Student Financial Aid Scheme was established in 1996, replacing the Tertiary Education Fund of South Africa (TEFSA) in 1999. The TEFSA program was a non-profit company which managed and administered NSFAS since its establishment until 2000. In 1999, TEFSA was converted into a statutory body called NSFAS.
On 5 June 2007, it was announced that SAA paid R55 million to the Competition Commission of South Africa because of anti-competitive behaviour such as price fixing. [134] [135] This fine was in addition to a R45 million fine paid by SAA on 31 May 2006 as a penalty for SAA's attempts to prevent travel agents from dealing with rival air carriers.
South Africa, officially the Republic of South Africa (RSA or R.S.A.), is the southernmost country in Africa.It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline that stretches along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini.