Creecy predicts Gauteng will collect R5 billion in own revenue

08 March 2016 - 12:22 By Shenaaz Jamal And Penwell Dlamini

The fiscal consolidation and cost-cutting measures seen in the National Budget are starting to trickle down to provinces as the Gauteng government is expected to experience a R2.9-billion budget cut.This was unveiled in the Gauteng 2016/17 provincial budget presented in the legislature on Tuesday.Finance MEC Barbara Creecy said‚ over the next three years‚ the equitable share of the province would be cut by R2.

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