Provinces spend 92% of capital budgets
South Africa’s provinces spent R28.4-billion, or 92.2%, of their R30.8-billion capital budgets in the 2012/13 financial year – an increase of 9.1% on the previous financial year, the National Treasury reported in May.
The lowest rate of capital expenditure was seen in the North West, at 70.5%, and Gauteng, at 75.6%, while the Northern Cape and KwaZulu-Natal (KZN) overspent their capital budgets, at 118.2% and 104.4% respectively.
In absolute terms, KZN spent the most, with a total capital spending of R8.6-billion, followed by Gauteng at R3.5-billion and the Western Cape at R3.3-billion.
The biggest share of provincial capital budgets was for public works, roads and transport departments, which spent R9.8-billion, or 100%, of their combined budgets.
Provincial capital spending on education increased by 11.2% year-on-year, with R8-billion, or 90.9%, of the budgeted R8.8-billion budget spent.
Provincial health departments’ capital expenditure rose 1.4% to R8.3-billion, or 85.5%, of the budgeted R8.8-billion, with the Northern Cape and KZN overspending slightly during 2012/13. The lowest rate of health capital spending occurred in Gauteng, at 52.1%, and the Free State, at 72.6%.
South Africa’s provinces combined spent R395-billion – or 98.1% – of their main budgets of R402.6-billion during the 2012/13 financial year. This is 7.2% higher than the R368.3-billion spent in the prior year.
The North West recorded the lowest rate of spending for the year, accounting for 95.1% of its R26.9-billion budget, followed by the Northern Cape, which spent 95.3% of its R11.7-billion budget.
Education expenditure collectively reached 98.7% of the R168.2-billion provincial education budget – up 6.1% on the prior year – while the aggregate provincial health expenditure increased 9.8% to R122.6-billion, or 99.3% of the budget.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.
VISIT SHOWROOM
As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
