• All Share : 54173.85
    UP 0.47%
    Top40 - (Tradeable) : 48079.42
    UP 0.51%
    Financial 15 : 15441.07
    UP 0.24%
    Industrial 25 : 73409.95
    UP 0.56%
    Resource 10 : 32154.52
    UP 0.63%

  • ZAR/USD : 15.5172
    UP 0.01%
    ZAR/GBP : 22.7527
    UP 0.14%
    ZAR/EUR : 17.3464
    DOWN -0.10%
    ZAR/JPY : 0.1408
    DOWN -0.07%
    ZAR/AUD : 11.2108
    UP 0.11%

  • Gold US$/oz : 1220.8
    UP 0.11%
    Platinum US$/oz : 992
    UP 0.10%
    Silver US$/oz : 16.22
    DOWN -0.43%
    Palladium US$/oz : 544
    UP 0.37%
    Brent Crude : 49.11
    DOWN -0.71%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Fri May 27 10:26:54 CAT 2016

Cost of two capital cities is too high: Zuma at #SONA2016

TMG Digital | 11 February, 2016 20:44
South Africa's President Jacob Zuma places his hand to his chest before the State of the Nation address at the opening session of Parliament in Cape Town.

President Jacob Zuma‚ saying that economic pressure means wastage must be cut‚ told MPs on Thursday night that they should consider choosing between Pretoria or Cape Town as a capital city.

Watch the highlights from #SONA2016

“The biggest expenditure that we would like parliament to consider is the maintenance of two capitals‚” he said during his State of the Nation address.

“The cost is too high for the executive. This is an urgent matter‚” he said‚ adding that politicians had to maintain homes in two cities.

On Twitter‚ this was immediately seen as Parliament being moved away from the opposition DA-controlled city of Cape Town.

Zuma also told MPs that overseas trips would be strictly vetted and the size of delegations would be reduced.

The budget vote dinners for parliament stakeholders would no longer take place‚ he added.

“We have to turn the economy around and we must cut wastage. Once the economy recovers we'll proud of ourselves‚” he said.


If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.