Wednesday, June 11, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Balancing the defence wages and salaries budget still a way off

Simon Osuji by Simon Osuji
January 17, 2025
in Military & Defense
0
Balancing the defence wages and salaries budget still a way off
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Soldiers ready for Op Corona deployment after training at CTC.

Defence and Military Veterans Minister Angie Motshekga does not appear to be optimistic that the 2025/26 financial year will deliver a break-even point for compensation of employees (CoE) when the projected expenditure is the same as the budget appropriation.

The CoE expense is the single biggest item in the defence budget.

Related posts

DA Proposes Urgent Reforms to Fix ‘Broken’ NPA and Tackle High-Level Corruption

DA Proposes Urgent Reforms to Fix ‘Broken’ NPA and Tackle High-Level Corruption

June 11, 2025
UK Awards Nuclear Submarine Defueling Contract to Babcock

UK Awards Nuclear Submarine Defueling Contract to Babcock

June 11, 2025

She gave four reasons for missing the break-even point when replying to a Parliamentary question asked by Economic Freedom Fighters (EFF) National Assembly (NA) public representative Carl Niehaus.

Probably the most telling reason she gives is requirements “linked to ad-hoc military operations” saw a decision to continue military skills development (MSD) intakes annually and increase Reserve Force utilisation. This, according to her written reply, will not see projected expenditure on salaries match the budget appropriation set by National Treasury.

Other reasons are the continued CoE allocation in the defence budget remains below the personnel strength of the SA National Defence Force (SANDF)/Department of Defence (DoD); there is “unbalanced funding” as regards “ordered commitment for unplanned military operations” and the Public Service Co-ordinating Bargaining Council wage agreement is “unfunded”.

The use of early retirement without penalties as a tool to curb CoE in the wider defence public sector, in line with a similar government-wide initiative, could happen in the 2025/26 and 2026/27 financial years, she told her questioner.

Motshekga further informed Niehaus the DoD “continues to explore means and avenues to reduce CoE cost pressures” while delivering on the defence mandate.

“Measures to control CoE expenditure, which currently lies outside the DoD, requires intervention(s) that deliver significant results, in addressing the CoE deficit that is brought about by the CoE ceiling,” the ministerial response to the EFF Member of Parliament (MP) reads in closing.



Source link

Previous Post

Labour appoints five members to GB Energy ‘start-up board’

Next Post

African Development Bank, PowerGen, and Partners Launch Transformative Renewable Energy Platform to Scale Clean Energy Access Across the Continent

Next Post
African Development Bank, PowerGen, and Partners Launch Transformative Renewable Energy Platform to Scale Clean Energy Access Across the Continent

African Development Bank, PowerGen, and Partners Launch Transformative Renewable Energy Platform to Scale Clean Energy Access Across the Continent

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Questions to Ask Home Insurance Agent

Questions to Ask Home Insurance Agent

12 months ago
How connection empowers diaspora Kenyans abroad

How connection empowers diaspora Kenyans abroad

9 months ago
Prefab home builder Veev reportedly shutting down after reaching unicorn status last year

Prefab home builder Veev reportedly shutting down after reaching unicorn status last year

2 years ago
The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment

The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment

9 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.