'Your money is in good hands' - Gordhan

2016-10-19 22:41
Finance Minister Pravin Gordhan.

Finance Minister Pravin Gordhan.

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

Johannesburg – Treasury will continue to serve South Africans with the consistency it always has, Finance Minister Pravin Gordhan said on Wednesday.

“What we can tell South Africans as Treasury is that your finances are in very good hands,” he said at the National Church Leaders’ Consultation.

The theme of his talk was about citizens ensuring that national resources were used for common good.

He told his audience he was feeling tired and still battling to recover from the flu.

Treasury’s intention for the medium-term budget policy statement, to be delivered in Parliament next Wednesday, was to provide a fiscal framework which showed South Africa wanted to manage its finances well.

The National Prosecuting Authority has charged Gordhan with fraud, he is due to appear in court on November 2. Some believe this is a political plot to get rid of him in order to gain control of the country’s coffers.

He spoke about the importance of having an optimistic and unified outlook for the country. It would benefit South Africa to follow the example set in the first six months of the year, when several sectors joined forces in order to avoid a ratings downgrade.

“We must find the unity of purpose, as we did between business, labour, government, and civil society in the first six months. That would send out the right message.”

He said it was important for South Africans to avoid becoming dependent on the state. They should be capable of shaping their own destinies.

“We want to raise South Africa’s population to a level where it can create possibilities to contribute to humanity and advance our own cause, as well social justice,” he said.


Read more on:    treasury  |  pravin gordhan  |  mini budget 2016

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

Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.

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.