Cyril Ramaphosa’s inauguration will cost R100m less than Zuma’s

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Cyril Ramaphosa’s inauguration will cost R100m less than Zuma’s
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Cost-cutting measures also mean the ceremony will take place at Loftus Versfeld instead of at the Union Buildings

Minister in the presidency Nkosazana Dlamini-Zuma says President Cyril Ramaphosa’s inauguration will take place at the least costly Loftus Versfeld Stadium. Picture: REUTERS/ JOE PENNY

“We all know there is economic difficulty in this country. The budget that we are going to spend on this inauguration is more than R100m less than what was spent in the previous inauguration‚” she said in a media briefing on Thursday. She said preparing the amphitheatre at the Union Buildings for the ceremony‚ as custom‚ cost more than hiring the Loftus Versfeld Stadium in Pretoria.

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