PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Onthatile Mogotji
 
Comments: 0
Article views: 1086
 
 
Latest Badges:

 
View all Onthatile Mogotji's badges.
 

The Financial Fiscal Commission and its role in South Africa.

12 June 2014, 09:58

The Financial Fiscal Commission (FFC) and its role in South Africa.

The Financial Fiscal Commission (FFC) responsible to make recommendation to government on the equitable (fair and impartial, valid in equity as distinct from law) division of revenue between the three spheres of government and provide advice to organs of state on financial matter, in its report published yesterday categorically states that the current way in which government is pending money can’t be sustained (uphold or confirm the validity of justice of it)

Specifically referring to service delivery, it highlighted that over 3000 protest marches were staged in 2011, on the failure of government to address service delivery, or unfulfilled and empty promises.

In 1996 the backlog on the supply of RDP houses was 1,5 million, when the population and those that qualify for it, was 39 million, which represents 3,84615% of the beneficiaries. In 2001 this increased to 1,8 million and now in February 2013, it stands at 2,1 million on the backlog of delivery the so called ‘free houses’ – representative of 5,12195% of the population of 41 million that qualifies for it. An increase of 1,27580%!

To service this backlog would cost the government R 800 billion, and with only R 30 billion being allocated per annum to the supply of RDP house annually, it will take the government 26 years to service the backlog of 2013, so 2039, and then the population might be 50 million, so the Government can never provide on its promise to deliver all the ‘free houses to people’ but taken the facts and figures, we need to realize that those promises are empty in substance (solid base in reality and or fact) and can never be achieved or materialized.

R 30 billion can only build 75 000 houses a year, so the objective that the ANC so conveniently politicize can never happen!

The FFC says it need to quadruple its R 30 billion per year to R 120 billion just to try and eradicate the backlog, and then no provision is made for new applications, which we all know is not possible.

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.

 

24.com 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
0 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
ohomen171
Kenya: Splitting hairs

Kenyan opposition leader Raila Odinga deepened the country’s ongoing political crisis with the surprise announcement that he’s backing out of the nation’s do-over presidential elections. Read more...

0 comments 375 views
Submitted by
Louis van Schalkwyk
Springboks' November tour: no eas...

Being a Springbok supporter is hard. The relationship ranges from the team being the distant cousin you don’t like to talk about to the shining beacon of light that drives our optimism. Read more...

0 comments 324 views
Submitted by
Solomon Mathebula
Is government able to hold offici...

It is the right and responsibility of the public to ensure that those who have committed misconduct in the public offices are dealt with decisively so as to account for their duty deeds. Read more...

0 comments 145 views
Submitted by
Vincent Matjila
They wanted to sacrifice me

That so-called bishop had hired people to monitor me and abuse me emotionally and verbally. Read more...

0 comments 259 views
Submitted by
Justin van Noort
Baphi Abelungu? The DA is no long...

I've seen plenty of pictures from some of the recent marches and have been really heartened to see black, white, coloured, etc all participating. Read more...

0 comments 854 views
Submitted by
Dan Sutherland
KPMG report to be used as basis f...

Tom Moyane still stands vehemently by the findings of the KPMG report, whilst Moyane's boss and brother in law, Zuma783, wants to use KPMG's withdrawal of the report as a basis for fresh representations to Shaun the Sheep. Read more...

0 comments 916 views
 

services

RSS feeds News delivered really simply.

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.

 
Interactive Advertising Bureau
 
© 2017 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

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 24.com network.

Settings

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.