DA furious at bill for presidential inauguration to cost R120m

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The economy is in dire straits, says the DA, yet taxpayers will have to divvy up for the ‘jamboree’

The presidential inauguration scheduled to take place on May 25 will cost taxpayers a staggering R120m.

“The [parliament’s] CFO will engage and negotiate with the presidency to have parliaments’ costs accommodated in the R120m budget,” the document states. “President Cyril Ramaphosa is fully aware of the state of our country and the fact that 10-million South Africans cannot find a job and put food on the table. Yet, in the face all this, the DA can confirm that the presidential inauguration, scheduled to take place on May 25 2019 at Loftus Versfeld Stadium in Tshwane, is set to cost South Africans an astounding R120m.”

Steenhuisen said the National Treasury refused to grant this, leaving parliament with R8.4m from its budget for the 2018/2019 financial year. By convention, the inauguration of the president is held at the Union Buildings with a select, invited audience.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Shocking.

This can only mean that they give their own candidate no chance. Otherwise they would be happy with so much money to celebrate the fall of the ANC.

jsteenhuisen R120m? MYANC how many more times do you want to screw us citizens.... Surely Our_DA can do a better job

Let's grow South Africa together, but first - here is an invoice for R120 million.

Ridiculous!!! Wasteful expenditure!! This is exactly why one has no confidence in politicians!!! 😡😡😡🤬

Lets grow MP's bank accounts together.

But if they win the elections then, they can change all that

Who cares

jsteenhuisen When you’ve looted over R1tn what’s R120 million, right MYANC

The people of South Africa should be furious at bill for presidential inauguration to cost R120m.

💁‍♀️DA is clever just before elections they bring a figure to the table as if they only recently found out now they act all shocked.. DA should not pull a Cyril 😕

Disgraceful ANC,while 12Million SouthAfricans go hungry and another 15Million suffer a low HDI;The number of poor is INCREASING insteadof decreasing,and:

Just the DA!

Billionaires know how to spend mos.... just a pity it’s our money 🤷🏽‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines