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Issue 9 - 2018
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Inner-City Gazette
8 - 15 March 2018
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Creecy tables Gauteng’s
R121.2b budget By Staff Reporter news@inner-city-gazette.co.za
G
auteng Finance MEC Barbara Creecy tabled a R121.2 billion budget for the 2018/19 financial year in the Gauteng Provincial Legislature on tuesday. “This budget sets out how Gauteng Government funds its commitment to equity and social justice, it outlines how we use our massive procurement spend to improve public facilities, transform our economy and create work” said MEC Creecy The 2018 Budget is up R9,1 billion, or 8% from the previous year, a significant increase in tough economic times. We plan to raise R6 billion in own revenue this year to compensate for cuts to our equitable share and alleviate spending pressures particularly in the social delivery departments” said the MEC The Departments of Health and Education are the biggest beneficiaries of this year’s budget with the Health Budget increasing by R4.4 billion and Education by R3.4. billion. Also, benefiting from a large increase is the Department of Roads and Transport whose budget increases by R700 million this year. In 2018, this Department will begin planning Gauteng’s first new highway since the 1970s, namely the PWV 15. Overall R31.8 billion has been set aside for in-
GAUTENG
2018
Presented by; Finance MEC Barbara Creecy
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Budget increased by R4.4 billion
Budget increased by R3.4. billion
Education
The Department of Roads and Transport ^budget increases by R700 million this year frastructure programmes over the next three years which include building new schools, rehabilitating health facilities, upgrading roads, renovating hostels to become family units and building houses and serviced stands. “The Gauteng Government’s R42.2 billion infrastructure spend has made a major contribution to stimulating economic activity, creating employment and raising living standards in communities across our province over the last four years” said MEC Creecy The MEC indicated that the Province’s research shows that this spend contributed R26 billion to economic activity in the province, increase household income by R15 billion and created or sustained 95 thousand direct and 194 thousand indirect or induced jobs over the past four years. The MEC said that the Gauteng Provincial Government is proud of its track record in using government’s massive procurement spend to drive meaningful transformation, empowerment, job creation and economic in-
Finance MEC Barbara Creecy says Gauteng plans to raise R6bn in 2018. Picture Moses Moyo clusion in the mainstream economy. “Over the last four years R57.7 billion has been spent on procuring goods and services from 12 041 firms owned by historically disadvantaged individuals. Included in this overall figure are 7488 companies owned by women, and 5539 companies owned by youth and 2145 companies owned by people living with disabilities,” MEC Creecy said. The MEC noted that in these times of rising direct and indirect taxes, citizens have a right to know that their taxes are
put to the best possible use, and that this government is not squandering them through poor financial management or ill-conceived programs and projects. “All Gauteng Departments and Municipalities have worked hard to ensure better financial management and greater public accountability in the use of public funds. All provincial departments and entities and all Municipalities can now boast unqualified audits with two thirds of provincial Departments getting clean audits,” said MEC Creecy.
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Inner-city Gazette
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For further information Contact Boston on 011 551-2000, e-mail info@boston.co.za, visit www.boston.co.za, or Facebook.
New opportunities in the higher educational sphere including a two year diploma!
T
he term “business management’ is broad based and implies actually many skills and job opportunities. It sounds great though when you are in matric and you decide to go and study Business Management, but look into the various areas of the job well and find your niche. “There are quite a variety of fields to specialise in,” says Kerry Damons, Marketing Manager of Boston City Campus & Business College. “This explains the extensive range of business management courses to choose from. From credit management to information technology management, you are sure to find a business management course that will suit you and your career goals” Damons explains that Business Management involves many learned skills and also many aspects of an organisation. “In short, business management involves running an organisation. You may be doing tasks such as controlling, leading, supervising, organising and planning of projects, business deals as well as managing staff” Different job opportunities open up when you study business management courses. Depending on the
type of business management courses you study, you could apply for a position in: Business Management studies have a tendency to improve job security, because you become versatile within an organisation. “. Business management is one of those fields where, no matter how many cutbacks are made, organisations will always require the skills of a business manager to keep the business up and running. Business managers usually fall into a higher salary bracket because of their versatility that lends to them being active managers. How do you decide on which aspect of Business Management to specialise in? When choosing a business management course, make sure you choose a field you are passionate about. If you have a head for numbers, a career in finance management would be perfect. The following are the new Boston qualifications accredited by the SABPP: • Higher certificate in Marketing Specialisation Sport • Higher Certificate in marketing Specialisation Tourism • Higher certificate in Paralegal
• • • • • •
Practice Human Resource and employee relations Higher certificate in Marketing Specialisation Digital music Higher certificate in Business Management Practice Higher certificate in Marketing Practice Higher certificate in Commerce in General Management Diploma in Commerce in Public Relations (two year minimum study)
Higher Certificates usually signify that you have attained a basic level of higher education knowledge and competence in a particular field or occupation and are capable of applying knowledge and competence in an occupation in the workplace. They are primarily vocational, or industry oriented. (Hence the stand out qualification of Digital Music!). They provide the basic introductory knowledge, critical thinking skills and practical techniques in the chosen field of study. After obtaining the Higher Certificate, graduates may enrol for a Diploma or degree at
Boston. What will these qualifications give you? Damons explains that graduates will leave with the necessary knowledge and practical skills which may include : • Operate effectively in the workplace using a number of Windows-based end-user applications • Apply principles of public relations and integrated communication practice • Demonstrate business and event management skills • Identify the socio-economic needs of society • Demonstrate an understanding of business ethics • Project manage various aspects of the business including the strategy and budget within an organisation Learners wishing to apply for one of the new accredited programmes must meet the entry requirements, the minimum being a national senior certificate, and a successful application! Damons continues that Boston will apply, on behalf of the Learner, to the SABPP for verification of the Learner’s results. On successful verification the Learner will be issued a
higher certificate or in the case of the Diploma: Commerce: Public Relations SAQA ID 21068, NQF Level 6, 240 credits from SABPP. The South African Board for People Practices (SABPP) is a Quality Assurance Partner (QAP) of the Quality Council for Trades and Occupations (QCTO) and is registered as a Professional Body by the South African Qualifications Authority (SAQA). FURTHER STUDY OPPORTUNITIES While further study options are encouraged, these will be based on application and evaluated individually. These will include RPL towards any Higher Education Programme. Since each submission is individually evaluated, neither admission nor advanced placement is assured. Lastly, Damons says you should do some introspection and see if you the right personality traits for Business Management. These include:Good math skills, strong time management skills, good common sense, a strong desire for organization and efficiency, excellent communication/salesmanship, creative problem solving, listening skills, negotiation skills, leadership skills and ethics.
8 - 15 March 2018
Finance tips
Inner-city Gazette
Key benefits of good debt
Lynette Kloppers, FNB Premier CEO
“When using credit, it is equally important to carefully consider your needs in order to identify the right type of credit for your particular situation”
D
espite the negative connotations often associated with debt being bad for consumers, when used responsibly, debt can add significant value by helping consumers manage their financial affairs and progress in life. Lynette Kloppers, FNB Premier CEO, says the ongoing debate around what makes good or bad debt is as old as the origins of money. Debt can either be classified as being good or bad depending on how you use it, as well as its
overall impact on your financial position in the long term. Kloppers unpacks some of the benefits of using debt wisely: Wealth creation When used to buy an investment property that will later pay for itself through rental income can help consumers build future wealth. Debt consolidation This allows consumers to combine the debts that they have with various credit providers into one convenient loan. They will then get to enjoy lower monthly repayments and gain more control over their finances. Personal cash flow management Using short-term debt like a credit card to manage your monthly budget and still be able to pay off the debt interest free, within 55 days, can help you manage your personal cash flow. Career growth For example, if you work in an industry that requires you to constantly be on the road, using vehicle finance to purchase a car could potentially put you at an advantageous position by enabling you to do your job more efficiently and eventually help you to progress in your career. Education Taking out a student loan in order to graduate and secure a credible job has far more value for you in the long-term. Entrepreneurship Many aspiring entrepreneurs often have to take out a loan in order to fund a solid business idea that has potential to grow with good returns. When the business finally takes off, the en-
trepreneur can start paying back the loan with the profits they make, putting the business on a good footing and setting it up for sustainable long-term growth. “When using credit, it is equally important to carefully consider your needs in order to identify the right type of credit for your particular situation, to avoid paying more on interest in the long run. This is the biggest mistake that consumers make, often leading good debt to be viewed in a negative light,” concludes Kloppers.
“
Debt can either be classified as being good or bad depending on how you use it, as well as its overall impact on your financial position in the long term.
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City of Johannesburg commits to South Africa’s National Skills Development
The current administration has vowed to get the city working by creating an economically enabling environment and social conditions wherein investment can grow and where jobs are created.
By Staff Reporter news@inner-city-gazette.co.za he City of Johannesburg is committed to South Africa’s National Skills Development Agenda by focusing on both internal and external talent development initiatives. Our commitment to skills development and the up-skilling of the unemployed is demonstrated through the provision of learnerships, internships and bursaries to youth from the Johannesburg community. Johannesburg is committed to realising its vision of creating freedom, fairness and opportunity through a city that works. The City get working by creating an economically enabling environment and social conditions wherein investment can grow and where jobs are created. For the first time in its history, the city will offer Environmental Practice Learnerships at NQF Level 2 & 3, in addition to the many learnerships they currently offer. Of late, environmental health has become of serious concern, be it global warming or the recent outbreak of Listeriosis. The outbreak of Listeriosis in the country has highlighted many weaknesses in the system, particularly the inadequate capacity in the environment and health practitioner’s space, quality assurance and compliance with environmental health practices and bilaws. The city believes new recruits will help to develop this critical skill base, enhance our capacity in these areas and improve how we generally dispose of waste in areas under our jurisdiction. In this regard, during the 2018/2019 financial year, the City has with the assistance from LGSETA discretionary funding, recruited 200 unemployed learners in the newly established Environmental Learnership Programme. These cadets will be placed in Pikitup based in the Environment and Infrastructure Services Department to acquire practical learning competencies. The learners will spend 30% of their time in classroom based learning and 70% at the workplace. Mentors have been identified and trained in various departments to assist the learners to achieve their qualifications. The learners will undergo continuous assessments which serve as a critical part of the implementation process where the progress of learners will be evaluated against the relevant unit standards. On successful completion of the programme, learners will acquire a nationally recognised qualification registered on the National Qualifications Framework (NQF). While the recruitment of the learners helps to reduce the high rate of youth unemployment, thus the current administration believes it will also help the city to make further strides in taking care of our environment for future generations. It is a priority of this city to create more jobs and work opportunities. It is initiatives like this from the DA led Coalition government that reduce the number of indigent people within the city and increase the number of economically active citizens.
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8 - 15 March 2018
Inner-city Gazette
Inner-City building razed by fire E
ight shops were damaged after a building caught fire in Johannesburg CBD on the corner of Troye Street and Albertina Sisulu Road this morning. Johannesburg Emergency Management Services were on the scene trying to stop the fire. No deaths have been reported so far. On the scene informal waste recyclers started to run for copper cables but the South African Police Services (SAPS) stopped them immediately.
A number of people were rescued from the building on the corners of Troy and Commissioner Street. Pictures: Dianah Chiyangwa
Aftermath: Images by Doctor Moyo
Land expropriation a reality ‘It’s about the dispossession of blacks’ - Malema By Staff Reporter news@inner-city-gazette.co.za
E Julius Malema addresses journalists at the EFF Headquarters in JHB on Thursday
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conomic Freedom Fighters (EFF) leader Julius Malema says South Africa needs to understand that land expropriation without compensation is no longer a debate topic but a reality. He was holding a briefing in Johannesburg on his party’s land expropriation strategy on Thursday afternoon. Malema says, 2018 will go down in history as the year that black parties voted for the policy. But he’s warned against the spread of misinformation. “We invite people not to be alarmists and cause unfounded panic. We must all be prepared to engage in a democratic debate and contribute to the constitutional review committee of Parliament. CONTACT US:
All rights and reproduction of articles, images and other items published in this publication are reserved in terms of Section 12(7) of the Copyright Act 96 (1978) and its amendments thereof. Email : info@inner-city-gazette.co.za Website : www.inner-city-gazette.com
Tel : 011 024 - 8210 011 023 - 7588 011 402 - 1977 Fax : 086 609 8601
Inner-City Gazette subscribes to the Code of Ethics and Conduct for South African Print and Online Media that prescribes news that is truthful, accurate, fair and balanced. If we don’t live up to the Code, within 20 days of the date of publication of the material, please contact the Press Ombud at 011 484 3612/8, fax: 011 4843619, or website: www.presscouncil.org.za
Whatever the case, it must be clear that land expropriation without compensation is no longer a debate, Parliament has resolved on this. What is to be debated are the modalities thereof.” “My relationship with media has always been like this. When you do well we compliment you. But come on man; journalists have taken a position against land expropriation. There may be a few who haven’t. The white owned media houses have taken a position,” said Malema. Malema says, ‘the white DA boys in parliament’ didn’t grasp that the issue is not about RDP house. It’s about the dispossession of blacks, and the pain they continue to live with. Says SA had a revolution, ‘but the oppressors lost nothing & oppressed gained nothing’(sic).
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Send your stories, letters, opinions, and news to the editor:
076 681 0577 mosesmoyo@icloud.com
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Jeppe Police Yeoville Police Braamfontein Police 011 624 6066 011 487 5900 011 274 7300
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Hillbrow Police 011 488 6511
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idvest Wits suffered a 1-0 loss to Primero de Agosto in the first leg of their CAF Champions League first-round tie on Wednesday. The Clever Boys, who are looking to qualify for the group stages for the first time in
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their history, started the match on a backfoot, with Agosto attacking with real intent in the early stages. Wits goalkeeper Kyle Peters made a crucial save in the 25th minute to deny de Agosto, who were dominating the match as Wits were finding it diffi-
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