News and Speeches for Ministry of Finance and Economic Opportunities | Western Cape Government

News and Speeches for Ministry of Finance and Economic Opportunities

Procurement Disclosure Report reveals R1.59 billion spent on Covid-19

30 October 2020

We are pleased to publish the fourth edition of the Procurement Disclosure Report by Provincial Treasury. Read More

Total’s gas reserve discovery at Luiperd welcomed

28 October 2020

We welcome the announcement today (28 October 2020), by the President of Exploration & Production at Total, Arnaud Breuillic, that a second di Read More

MTBPS2020: SAA bailout at the expense of safety, dignity and jobs

28 October 2020

What is clear from the Minister of Finance, Tito Mboweni’s, Medium-Term Budget Policy Statement, tabled today in the National Assembly (28 October 2020), is that our provincial budget has been cut by a further R1,47 billion in this financial year in... Read More

Don’t cut provincial budgets to bailout zombie state-owned airline SAA

21 October 2020

We are  concerned that provincial budgets will be raided to fund the R10.5 billion to bailout zombie state-owned airline South African Airways (SAA). Read More

Minister David Maynier tables 2020 PERO and MERO

20 October 2020

Today (20 October 2020), Western Cape Minister of Finance and Economic Opportunities, David Maynier, tabled the Western Cape Provincial Economic Review and Outlook 2020 (PERO) and the Municipal Economic Review and Outlook 2020 (MERO) in the... Read More

Revised “red list” for international travel a huge setback for economic recovery

19 October 2020

We are deeply disappointed at the announcement today (19 October 2020), that the Department of Home Affairs has revised their “red list”  which now includes Germany and effec Read More

Municipal procurement of IPPs critical to energy-led economic recovery

16 October 2020

We welcome the announcement today (16 October 2020), that Minister of Mineral Resources and Energy, Gwede Mantashe, has gazetted amendments to the Electricity Regulations on New Generation Capacity which will enable municipalities in good financial... Read More

The Atlantis SEZ – a beacon for our green energy future

15 October 2020

Yesterday (14 October 2020), Premier Alan Winde and Minister of Finance and Economic Opportunities, David Maynier, visited the Atlantis Special Economic Zone (ASEZ) in Cape Town to see the progress made on this important infrastructure investment... Read More

Medium term budget discussions focus on maintaining service delivery

13 October 2020

Yesterday we concluded the Provincial Government Medium Term Expenditure Committee (PG MTEC) 1 engagements, which are critical budget discussions hosted by Provincial Treasury ahead of the 2020 Medium-Term Budget Policy Statement (MTBPS).  Read More

Min. Motsoaledi must urgently intervene to lift the handbrake on business travel

12 October 2020

We have received complaints from business executives and immigration attorneys informing us that their emails to the Department of Home Affairs requesting permission to travel for business from high-risk countries to South Africa have not been... Read More

Our proposed approach: Allow all international travellers with negative PCR test

7 October 2020

The risk-based approach regulating international travel released by national government last week (30 September 2020) has created unnecessary confusion and uncertainty in the travel and tourism industry, and much distress for those who are desperate... Read More

“We Are Open” international tourism campaign kicks off

6 October 2020

Today we are excited to announce the first phase of our international tourism campaign to encourage German business and leisure travellers to “Soweit weg fuhlen” (“get that faraway feeling”) by booking their next trip to Cape Town and the Western... Read More

International travel restrictions: A different approach needed to save tourism

1 October 2020

The risk-based approach regulating international travel released by national government yesterday (30 September 2020) is a major blow for the tourism and hospitality sector in the Western Cape. Read More

Unemployment stats: We will work hard to save jobs in the Western Cape

29 September 2020

The Stats SA Quarterly Labour Force Survey (QLFS) released today (29 September 2020), reveals that at 27.3%, the Western Cape continues to have the lowest expanded unemployment rate in South Africa.  Read More

Signing and gazetting of Section 34 a welcome step towards energy resilience

25 September 2020

We welcome the signing and gazetting of the Section 3 Read More

Perdekraal East Wind Farm - a case study for our green energy future

23 September 2020

Yesterday (22 September 2020), I visited the Perdekraal East Wind Farm in the Western Cape to see the development of this utility-scale renewable energy project. Read More

Premier Winde and Minister Maynier launch new Karoo Crossing cycle route

23 September 2020

Today Premier Alan Winde and Minister of Finance and Economic Opportunities, David Maynier, launched the Karoo Crossing Route in the Cape Karoo gem of Prince Albert. Read More

R27 million relief fund launched to help small businesses hard-hit by Covid-19

22 September 2020

We are pleased to launch the Western Cape Covid-19 Business Relief Fund which commits R27 million to supporting small businesses in both the formal and informal sectors who have been hard-hit by Covid-19 restrictions. Read More

Alert Level 1 – Campaign launched to help businesses to open safely

21 September 2020

We welcome the move to Alert Level 1 from today, 21 September 2020, as this further relaxation of restrictions and opening of the economy is exactly what we need to save jobs and the economy in the Western Cape.    Read More

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