The Budget presents a dilemma to the unions. Mboweni himself grappled with the conflicting demands, writes Mpumelelo Mkhabela.
Sunny. Pleasantly warm.
South African Clothing and Textile Workers Union Western Cape Provincial Secretary Sheila van Rensburg wants greater protection for the sector.
Regular contributor to the BizNews site Professor Matthew Lester writes about 2015's tax collection numbers.
Finance Minister Nhlanhla Nene’s new tax-free savings accounts have been widely welcomed and described as a “no brainer” by the financial services sector
It is likely that middle to high income earners will feel the post-budget pinch, according to Hugo Malherbe, product development executive at PPS Investments.
The government expects the hike in the fuel levy to cover the monthly claim costs of the embattled Road Accident Fund with a bit to spare, says Transport Minister Dipuo Peters.
The government is divided and Finance Minister Nhlanhla Nene can only do so much in his budget speech as he is not the president, says an expert.
The budget showed support for SMEs with tax relief for the smallest enterprises but could have done more to help businesses prosper, says Sage Pastel's Daryl Blundell.
One of SA’s leading entrepreneurs, Herman Mashaba, wonders what shareholders would do to a CEO who dropped his growth target 25% just five months after setting it.
Public Protector Thuli Madonsela says she is grateful for her R60m budgetary allocation which will stave off bankruptcy, but this is only a drop in the ocean.
Frontier Advisory CEO and China specialist Dr Martyn Davies reckons SA’s BRICS partners wouldn’t be applauding the 2015 Budget Speech.
Finance Minister Nhlanhla Nene has withdrawn an UIF proposal for this year that would have put about R15bn back into the pockets of workers and employers.
South Africa will aim to maintain debt at sustainable levels, stabilising at 43.7% of GDP, the Treasury reiterated in a presentation in parliament.
The announcement that the National Treasury would launch an electronic tender portal in March is welcome news for small businesses.
Matthew Lester unpacks the National Budget Speech in light of wealth taxes, what the changes are, and what they mean.
Eskom is hopeful that it will not have to implement load shedding on Monday and possibly not even for the rest of the week, a spokesperson has told Fin24.
There are two key encouraging messages from Finance Minister Nhlanhla Nene's budget according to the tax director at Deloitte, Anthea Scholtz, .
The SA wine and brandy industry has welcomed a concession from government on the latest excise duty increases.
Budget 2015 shows it could be the first time government is more pessimistic about economic growth than the private sector, says an economist.
The policy changes of government will cost a fortune. With tax revenue streams showing little real growth, the changes are not sustainable. – Matthew Lester gives commentary on the income tax tables released earlier in today’s Budget.
Nazmeera Moola, is sanguine about most aspects of Budget 2015 – including the opportunistic timing of the R17bn extra fuel tax.
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