R461.1m Afcon spending was ‘cut to bone’

The National Treasury has allocated an extra R461.1 million for South Africa’s hosting of the 2013 Africa Cup of Nations (Afcon) soccer tournament, but no spending will go towards “extravagances”, says Deputy Minister of Finance Nhlanhla Nene. Speaking at a media briefing held shortly before the Minister of Finance Pravin Gordhan presented his Medium Term
Subscribe or log in to read the rest of this content.