Page 52 - Estimates of Public Entities Revenue & Expenditure 2023

PROVINCE OF THE EASTERN CAPE ESTIMATES OF PUBLIC ENTITIES REVENUE AND EXPENDITURE 2023/24

respectively. The increase in 2023/24 is mainly as a result of inflationary alignment, pay progression,
competitiveness relating to the market and benchmarking / job evaluation.

Goods and Services increased from R105.564 million in 2019/20 to a revised estimate of
R119.696 million in 2022/23 due to the conditional grants received mainly from Wildlife Conservation

Bond, National Department of Tourism, SANRAL – N2 Biodiversity Offset Project and DFFE - EPIP.
Over the 2023/24 MTEF, Goods and Services gradually increases from R128.590 million in 2023/24

to R134.769 million in 2024/25 and R139.481 million in 2025/26 relating to mainly to professional
service providers for maintenance of infrastructure projects as well as operating payments for
biodiversity game management and tourism development.

Payments for Capital Assets increased by R27.251 million in 2019/20 to an increased revised
estimate of R43.367 million in 2022/23 mainly as a result of conditional grant infrastructure projects

at nature reserves such as procurement of game drives vehicles, construction of Environmental
Education centre, upgrade to borehole and sewer system and installation of solar energy systems,
multipurpose curio shops, viewing decks, chalets, and communal kitchens and bomas, ticket office

and rehabilitation of campsites. Over the 2023/24 MTEF, Payments for Capital Assets decreases
drastically to R21.471 million in 2023/24, R17.526 million in 2024/25 and R10.367 million in 2025/26
due to completion of infrastructure projects.

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