Zahid offers $1.3 billion for South Africa's Barloworld
Reuters / South Africa's President Jacob Zuma delivers his State of the Nation address at the opening session of Parliament in Cape Town, February 11, 2016.
South Africa’s elected officials will receive salary increases of 4.4 percent, compared with inflation of more than 6 percent in Africa’s most industrialised economy, the presidency said on Wednesday.
“President Jacob Zuma has decided upon a below inflation increase of 4.4 percent for political office bearers nationally and in the provinces for 2015/16, the outgoing financial year, in line with the current economic climate,” his office said in a statement.
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