ActionSA supports the budget with concerns
14 June 2023
After a couple of postponements of both the State of the City Address (SOCA) and the Mid-Term Budget Presentation, ActionSA today supported the passing of the City of Johannesburg’s adjustments budget. According to the Speaker of the Council, “these postponements were necessitated by the political developments in the City”.
The “political developments” that the Speaker refers to, were caused by the ANC-EFF Coalition’s failure to provide the City of Johannesburg with a competent Executive Mayor, resulting in the forced resignation of Thapelo Amad. His successor, Kabelo Gwamanda, has been playing hide and seek with the residents of the City when asked to account for the serious allegations levelled against him.
ActionSA is conscious of the fact that this adjustments budget is presented against the backdrop of a fragile economic environment, the negative performance of the domestic economy and the constrained affordability by households.
We, therefore, welcome a lower rate of increase on property that is now reduced to 2% from the initial proposed increase of 5,3%.