Category Archives: Government finances

Provincial governments continue to invest heavily in education and health

Provincial governments continue to invest heavily in education and health

Of the R395 billion spent by provincial government during the 2012/13 financial year, 43% (R170 billion) was spent on education, while 30% (R119 billion) was spent on health. This is one of the findings from the latest release of Stats SA’s Financial Statistics of Provincial Government report, published on 29 September 2014. The remaining R106   read more »


Electricity sales continue to be the major source of income for municipalities

Electricity sales continue to be the major source of income for municipalities

Municipal total income for the quarter ending June 2014 amounted to R68,4 billion; the main source of income was from sales of electricity, contributing 29,5% (R20,2 billion). This was one of the findings from the latest Quarterly Financial Statistics of Municipalities (QFSM) report, released on the 29th September. Other contributors to municipal income were grants   read more »


Public sector institutions continue to invest in infrastructure despite tough economic conditions

Public sector institutions continue to invest in infrastructure despite tough economic conditions

Capital expenditure by public sector institutions (national, provincial and local government, extra-budgetary, higher education and public sector institutions) increased by 4,8% (or R9,7 billion), from R202,8 billion in 2012 to R212,5 billion in 2013. A disaggregation of capital expenditure by type reveals increases on plant, machinery and equipment (up R10 billion from 2012), ‘other’ fixed   read more »


National government spending breaks the R1 trillion mark

National government spending breaks the R1 trillion mark

The South African national government expenditure surpassed R1 trillion in the 2012/13 fiscal year, almost double the R567 billion spent in 2007/08. This was a finding from Stats SA’s Financial Statistics of National Government report, an annual release containing details of national government spending. Exploring expenditure trends over the last six years, the report shows   read more »


Gauteng municipalities lead the way in income generation from households

Gauteng municipalities lead the way in income generation from households

Municipalities in Gauteng province are better off in terms of generating their own revenue in the form of services provided to households, while at the same time they are also getting a bigger share of the grants and subsidies received from both national and provincial governments in proportion to the increase in total population.  The   read more »