MyNews24 is a user-generated section of The stories here come from users.

Comments: 26
Article views: 1438
Latest Badges:

View all Majaji's badges.

South African Spending Budget

02 July 2014, 05:00
I visited a few pages on the internet and I was trying to find out how much is the spending budget of our country South Africa and what it means in layman's terms.

I found out that the spending will be at R1 250 000 000 000 or R1.25 Trillion. What does it mean for a population of 53 300 000 or 53,3 Million people of South Africa. It means each person can take home R23 452. Each month each person can take home R1 954.

Please help correct my Mathematics.
If the figures are correct. Maybe it explains why we have so many poor people. The plight of the poor people is not about to change any time soon.

Corruption is stealing from the little money that is meant to make a difference. 

Majaji is an amateur Political Analyst.
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Read more from our Users

Tribute to Dr Robert Sobukwe

Robert Sobukwe’s dream and vision far from being realised and accomplished. Read more...

0 comments 0 views

The difference between Amakhosi and Pirates is not just the colour of our jerseys. Read more...

0 comments 34 views
Submitted by
Gallant Cassious
Blatant racism or culture clash

Blatant racism or intolerance of other’s culture – your South Africa Read more...

0 comments 170 views
Submitted by
Michael Bowren
Technology - Streamlining the fin...

Underpinned by demographic and sociotechnical shifts, internet penetration amongst South African consumers has increased significantly in recent years and now there is an ever shifting propensity to interact online.  Read more...

0 comments 66 views
Submitted by
Kelvin Esiasa167
Zambia Celebrate Customer Service...

"The customer is always right" is a famous business slogan. The underlying truth behind this statement is recognising that customers are the life blood for any business.  Read more...

0 comments 33 views
Submitted by
Mark Proctor
Interest Rates and You

There has been be a decision to raise interest rates by the South African Reserve Bank's monetary policy committee. It is the last one for the year. Read more...

0 comments 60 views


E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

Interactive Advertising Bureau
© 2015 All rights reserved.
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.