By Thebe Mabanga
Gauteng Gambling chief executive Steven Ngubeni has his task cut out after being set a tough revenue collection target by the Gauteng provincial treasury.
Towards the end of November, Gauteng finance MEC Nomantu Nkomo-Ralehoko announced, when tabling her Medium Term Budget Policy Statement,that the province has set itself the target for raising R21,2 billion of its own revenue over the next three years.
Own revenue comes from vehicle license and other permits but also from gambling taxes, which are collected by the Gauteng Gambling Board
“This call comes at the right time, we are preparing to make our contribution to this target” says Ngubeni.
He says the Gauteng Gambling Board aims to double its contribution to the Gauteng fiscus over the next three years from about R1.3 billion next year to about R1.8 billion the year after and R3 billion in the third year and yield a
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