Budget still projects deficits up to 3.5 times that of Zuma era; Sakeliga report gives 30/100 for policy reform – Sakeliga-ETM economic update (quarter 1 2021)

“The alarming bottom-line of Mr. Tito Mboweni’s 2021 budget is that its projected deficits range between 2 and 3.5 times compared to those of the final days of the Zuma era. From the point of fiscal and economic sustainability, Mr. Mboweni’s latest budget is therefore at least twice as concerning as those of former Minister of Finance Malusi Gigaba. The increase in expenditure and debt must, however, not be laid at the feet of Mr. Mboweni, but at those of government for its failure to implement the required structural and policy reform,” says Piet le […]
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Sakeliga wins court case: BEE and other prerequisites in public procurement invalid: Gordhan acts ultra vires

It is invalid and unconstitutional for organs of state to apply pre-disqualification criteria, such as black economic empowerment requirements, to tenders in public procurement.  The Supreme Court of Appeal ruled in favour of business group Sakeliga today, with costs. The court found that the Preferential Procurement Regulations of 2017 conflicted with the Preferential Procurement Policy Framework Act, 5 of 2000 and the Constitution and consequently declared […]
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Sakeliga’s Comment on the Tourism Amendment Bill of 2019

The Tourism Amendment Bill [2019] was published by the department of tourism on the 15th of April 2019 for public comment. Among other changes, the bill aims to amend the Tourism Act in order to empower the minister of tourism to set national thresholds for short-term home–rental. Short-term home–rental is defined in the bill as ‘the renting or leasing on a temporary basis, for reward, of a dwelling or part thereof, to a visitor.’   […]
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