Gordhan's Budget Speech 'more presidential' than Zuma's SONA

2017-02-23 11:18
Finance Minister Pravin Gordhan ahead of his 2017 Budget. (Matthew le Cordeur, Fin24)

Finance Minister Pravin Gordhan ahead of his 2017 Budget. (Matthew le Cordeur, Fin24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories


INFOGRAPHIC: All your tax tables

2017-02-22 16:59

This infographic sheds light on the impact of income tax, announced by Finance Minister Pravin Gordhan. VIEW

Cape Town – The hearty reception Finance Minister Pravin Gordhan got in Parliament when he delivered his Budget Speech on Wednesday is a reflection on President Jacob Zuma's failures, says political analyst Theo Venter.

Venter said Gordhan seemed "more presidential and dignified than Zuma and [US President] Donald Trump together", Netwerk24 reported.

Gordhan received a standing ovation from the opposition. There was less enthusiasm among some ANC ministers however.

Des van Rooyen, who was finance minister for a few days in 2015 before being replaced by Gordhan, remained seated.

Mineral Resources Minister Mosebenzi Zwane, who was fingered along with Van Rooyen in a report on alleged "state capture", walked out during the speech.

Venter said the innuendos were significant.

Gordhan's approach to the plan for radical economic transformation, to which Zuma referred in his State of the Nation Address (SONA), is more achievable and politically significant, he said.

"Gordhan's approach and explanation is more pragmatic and based on economic efficiency, rather than the president's ideological one."

'Clear message to successor'

Professor Dirk Kotzé, a political analyst at Unisa, said Gordhan didn't come across as someone under siege and whose political future was in the balance.

"His Budget Speech was almost like a SONA, with a clear-cut vision of what the future holds."

He said Gordhan's breakdown of economic transformation made more sense than the message Zuma tried to convey during his SONA.

"He also sent out a clear message to his successor that they would be facing an extremely complicated agenda."

According to independent analyst Daniel Silke, Gordhan's approach to economic transformation seems more holistic and sober.

"He made it clear that it is not only about redistribution, but that the country also needs economic growth."

The fact that Gordhan didn't refer to the multi-billion rand nuclear plan at all, shows that those who want to benefit from it need to know that one doesn't always get what one wants when the economy is struggling, he said.

Read more on:    budget 2017  |  pravin gordhan  |  cape town  |  politics  |  parliament 2017

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Partner Content
How data is changing investments

Technological disruption is rife in many spheres of business and given the quantity of data available, it’s no surprise that the way in which asset managers work is also changing fast.

Behind the sparkle

Alluring, beautiful and timeless - diamonds are some of the most sought after gems in the world and are a true testament of everlasting brilliance. Let us take you behind the sparkle to show you the history behind this coveted jewel.


Fascinating facts about dogs

Think you know a lot about dogs? How many of these facts do you know?



Perfectly captured cat snapchats!
Fascinating facts about dogs
Out with the old dog, in with the new
Play with your pet when you're not at home
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.