
Unpacking the Social Development financial plan
WATCH: In conversation with Al Jama-ah leader Ganief Hendricks
As a result, the department will spend most of the 294-billion rand budget allocation on direct transfers. Social Development Deputy Minister Ganief Hendricks, discussed the department's budget vote with eNCA.

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The Star
4 hours ago
- The Star
Ramaphosa slams infrastructure budget underspending as 'treason' against South Africans
Mayibongwe Maqhina | Published 2 weeks ago The failure by provinces and municipalities to spend infrastructure budgets has been described by President Cyril Ramaphosa as treason against South Africans. "The issue of underspending is quite an important issue, particularly when it comes to spending on infrastructure allocations such as housing, education, water, and roads. "I actually often characterise it as treason against the people of South Africa when monies that had been allocated are not spent and are returned to the National Treasury," Ramaphosa said. He was responding during a question-and-answer session in the National Council of Provinces in Cape Town, on Wednesday. ANC MP Kenny Mmoiemaang had enquired about whether the government has assessed the impact of inadequate spending by provinces and municipalities on their commitments to deliver quality and essential services to communities, particularly crucial infrastructure such as housing, schools, and roads. Mmoiemang also wanted to know whether the government has been engaging provinces and municipalities that continue to underspend and fail to adequately utilise their allocated service delivery budgets. In his response, Ramaphosa said inadequate or slow capital expenditure has, in many ways, hampered the delivery of services that are due to the people. "This results in delays in housing delivery, stalled infrastructure projects such as schools, water, as well as sanitation and waste management infrastructure projects." He blamed the inability of municipalities to spend their capital projects on poor management, poor planning, weak implementation capacity, and inadequate financial and supply chain management. Ramaphosa said there were interventions in place, such as the budget monitoring forums coordinated by the National Treasury to track in-year spending and detect low expenditure patterns at an early stage, and support programmes by the Cooperative Governance and Traditional Affairs ( Cogta) Ministry. There were also capacity-building programmes that were organised by the Municipal Infrastructure Support Agency, and the Cabinet has appointed an inter-ministerial committee to support distressed municipalities. Ramaphosa added that Operation Vulindlela is implementing reforms to strengthen local government, and dedicated groups have been established in eThekwini and the City of Johannesburg to address challenges with water and electricity infrastructure. "This innovative initiative is going to see great changes being introduced. These measures will help address the root causes of underspending and ensure infrastructure is maintained and expanded to improve service delivery." Asked about mechanisms to ensure consequence management for failure to spend on infrastructure allocations, Ramaphosa said the Auditor-General has highlighted the lack of consequence management when both elected and employed officials were unable to meet their obligations. "It is a matter we are addressing, particularly as we now move to professionalise the public service. That does not absolve the elected officials or representatives," he said. Cape Argus


Daily Maverick
6 hours ago
- Daily Maverick
Choosing the right online trading platform for you
Technology has transformed how South Africans engage with financial markets. Once the preserve of seasoned brokers and large institutions, online trading is now becoming more accessible to anyone with a smartphone and internet connection. The result? A rapid expansion of digital investing, with South Africa's digital investment market projected to reach $8.49 billion in 2025 – neobrokers expected to account for $5.36 billion of that, according to industry statistics. This democratisation of online trading is a win for accessibility, but it brings a new challenge: with so many options, how do you choose the right platform for your needs? In fact, the key isn't simply about gaining access – it's about choosing the right partner for your financial journey. Traders today typically fall into one of three categories: Those just getting started and eager to learn. Those who closely monitor the markets and manage their portfolio regularly. Those who are focused on growing wealth steadily over time. Recognising what type of trader you are is key to finding the right fit. It helps you identify the tools, guidance, and information that will support your confidence and decision-making. A strong platform should meet you at your level, offering meaningful, easy-to-understand insights without drowning you in jargon or diluting the complexity of the market. What's more, a great online trading platform does far more than just execute trades. It should empower users with: Clarity: A transparent, user-friendly interface that promotes confidence rather than confusion. Intelligence: Access to expert analysis, market explainers, and personalised insights that aid better decision-making. Education: Continuous learning through tools like investing and trading tips, how-to guides, and integrated financial literacy resources. Trust: Above all, when selecting an online trading platform, the importance of trust and the credibility of the institution cannot be overstated. A reputable platform not only adheres to regulatory standards but also prioritises the security of user data through advanced encryption and robust security measures. By choosing a platform backed by a respected institution, investors can engage with the markets confidently, knowing they have a trustworthy partner by their side. The most progressive platforms see education as central to their value proposition. They foster growth by offering content that simplifies complexity without diluting meaning, helping users become more informed and capable traders. Take, for example, the JSE Investment Challenge, a long-running initiative that engages high school and university students in simulated trading. Participants gain hands-on experience in real-time market conditions, learning key trading principles in a low-risk environment. Initiatives like these don't just grow skills – they build trust in the system and broaden financial literacy for future generations. As digital trading platforms evolve, they're not just opening up access – they're reshaping the way South Africans approach and interact with their finances. The future of trading goes beyond speed and sleek interfaces; it lies in creating platforms that blend simplicity with smart insights, where trust, performance, and a clear sense of purpose come together to empower better financial decisions. In a world where information is abundant, but insight is rare, the ability to make informed, intentional choices has never been more important. The right platform won't just help you trade – it will help you trade wisely. DM


The Citizen
6 hours ago
- The Citizen
IEC warning: These rising threats could endanger future elections in South Africa
IEC officials briefed Parliament about the 2024 general elections. on Tuesday. Police officers are seen at the Berario Recreation Centre IEC voting station on 27 May 2024. Picture: Michel Bega/The Citizen The Electoral Commission of South Africa (IEC) has raised concerns about the growing threat of misinformation and disinformation, warning that it could undermine the integrity of future elections. On Tuesday, officials from the IEC presented their report to parliament's home affairs portfolio committee, reflecting on the 2024 general elections. LIVE interactive map, latest news, multimedia and more! View Map The IEC's voters' roll recorded 27.78 million registered voters, but only around 16 million citizens turned out to vote in the national and provincial elections held on 29 May. The 2024 elections were also notable for the inclusion of independent candidates for the first time. These candidates competed alongside 70 political parties. The elections were not without complications, including false information, technical glitches, long queues, and subsequent court challenges. IEC report on 2024 elections During Tuesday's meeting, IEC Chief Electoral Officer Sy Mamabolo reported to MPs that last year's elections saw a slight 1.1% decrease in the number of spoilt votes compared to the 2019 elections. 'We ran efficient logistics because nearly 30 million ballots of each of the ballot types were produced and distributed within a one-month period,' Mamabolo said. He noted that enhanced accessibility measures had been implemented for people with disabilities, many of whom were among the 1.4 million citizens who utilised special voting. The IEC official also confirmed that no incidents of double voting were recorded during the 2024 election. However, Mamabolo conceded that there were still areas requiring improvement, emphasising that there is no such thing as a 'perfect election'. 'There will always be challenges because you are dealing with a programme of a massive scale,' he told the committee. ALSO READ: IEC rejects application of Islamic party that wants to bring Sharia law to SA Mamabolo explained that, although voter‑management devices and the real‑time leader board at the IEC results centre encountered problems, there was no 'external penetration' of the commission's ICT systems. He emphasised that the two-hour interruption of the results board did not compromise the core election data, which remained fully secure. Among the other areas identified for improvement were better communication with voters regarding their designated voting stations, as well as enhancing the quality and training of election staff. The IEC also aims to educate young people in order to encourage higher voter turnout among the youth. Mamabolo added that the IEC plans to intensify youth‑focused education campaigns to encourage greater turnout among young South Africans. 'It's a persistent challenge and requires even more effort and resources to try to turn it around.' Fighting misinformation and disinformation A major concern highlighted was the rise in misinformation and disinformation leading up to the elections. 'In the last month towards the election, there was an escalation of disinformation and what we had prepared was willfully enough to deal with what one could refer to as the deluge of misinformation and disinformation and that presented a great challenge for the election,' Mamabolo said. READ MORE: 'Can you imagine our system being hacked': MPs sceptical of IEC's e-voting proposal He stressed the importance of improving the IEC's capacity to respond to digital threats in future elections. 'We've got to think of technologies as well as human capacity to better deal with the space because anything short of an ability to deal with disinformation means we are placing an election at risk.' Mamabolo warned that social media was a difficult area to monitor. 'There are new types of social media technologies that have been launched almost on a daily basis, but still to preserve the integrity of the election, we've got to manage this area a lot more better than perhaps we were able to do on this occasion.' Voting station logistics and security measures Mamabolo later indicated that 95% of voting stations during last year's elections were permanent structures, mostly schools. 'This is good because it costs more to establish a temporary voting station than it [does] to get a temporary site.' According to Mamabolo, the commission aims to further reduce the number of voting stations by 936 in the next general elections. On election security, Mamabolo explained that priority committees under the National Joint Operational and Intelligence Structure (NATJoints) had primary responsibility for safeguarding election materials, among other things, while the South African Police Service (Saps) was tasked with securing voting stations. 'In terms of the inside of a station, the presiding officer maintains operational authority inside the boundaries of the voting station and outside of the voting station, it is not the purview of the presiding officer. 'So if people are drinking alcohol outside of the boundaries of the voting station, that is not within the purview of the presiding officer, but is the purview of the South African Police Service to deal with disruptions.' READ MORE: IEC official accused of stealing election ballot boxes sees discharge application rejected He said while there were isolated incidents, they were swiftly resolved without disrupting the voting process. However, Mamabolo raised concerns about the behaviour of certain political parties, stating that they were involved in security breaches at some election facilities. 'We've had very unfortunate incidents that were noteworthy, where some parties went to our local storage sites, even attempted to break in at the provincial warehouse. 'I think we have to do more, perhaps, to dissuade political parties from actions such as those, because if anyone is disaffected by the manner in which the election process has been run, they can vindicate their rights in terms of the electoral justice framework that is part of our legislation.' Despite these issues, the protection of personnel, election materials, and processes was effectively maintained throughout the elections.