Budget deficit financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP)
The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.
Concor awarded prestigious luxury mixed-use contract in Illovo
With its successful record in the fast track construction of high-end projects, Concor Buildings has been awarded the prestigious Illovo Central contract. This 17-storey mixed-use development near Sandton is due for completion in January 2020.
Beyond the riot chaos, What does the medium-term budget tells us about the state of SA’s Economy?
High state spending, slowing economy, and a marked increase in longer term deficit targets.
Finance Minister Nhlanhla Nene highlights challenges facing South Africa
Finance Minister Nene highlights challenges facing SA
SAPOA appoints Rates Watch to research municipal budgets
Ever since alert to escalating municipal costs throughout South Africa, the SA Property Owners Association (SAPOA) has appointed specialist consultant Rates Watch (Pty) Ltd to research municipal budgets for the coming year.
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