Green light for Gordhan's adjustment budget

2012-11-21 07:27

The National Assembly has approved Finance Minister Pravin Gordhan's adjustments budget, which provides for another R11.523bn in vote allocations for 2012/13.

SA's state, household spending rises

2012-03-19 10:34

Spending growth in the economy was up in the fourth quarter last year, boosted both by the state and households, according to SA Reserve Bank data.

Consumers remain backbone of SA economy

2012-03-09 07:00

The production side of SA's economy has dampened as export demand wanes, but consumer spending is still the main driver of economic growth in most provinces.

Nuclear cost not yet clear

2012-02-28 14:52

The R300bn allocated in the Budget for building new nuclear power plants is not the final amount for the project, says Energy Minister Dipuo Peters.

Invisible but painful taxes

2012-02-26 15:45

Middle- and high-income groups have for the past 10 years paid more than 40% of their gross income in taxes and so-called invisible taxes.

SA's safety net

2012-02-24 07:45

Social grants stabilise SA at a small cost, says an economist.

Medical scheme tax credits to go to NHI

2012-02-23 17:29

Tax credits for medical aid contributions is a first step towards taxation for the national health insurance, says Sars commissioner Oupa Magashula.

Cape Town offers to share its expertise

2012-02-23 16:31

The City of Cape Town will offer its expertise on infrastructure development and public transport to the national government, mayor Patricia de Lille says.

Market doubtful of budget targets

2012-02-23 09:05

Bonds have extended losses as the market doubted that Finance Minister Pravin Gordhan's narrower budget deficit forecasts were achievable.


Budget speech 2012

2012-02-23 08:24
Budget speech 2012

Finance Minister Pravin Gordhan tabled a massive R1 trillion budget - a first for South Africa. Watch his full speech from Parliament.

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Sars to clamp down on tax dodgers

2012-04-16 14:49

The SA Revenue Service will set up a unit to ensure high net worth individuals become more tax compliant, says Finance Minister Pravin Gordhan.

Gordhan: Levy can't cover roads build

2012-03-13 17:46

Finance Minister Pravin Gordhan says if the fuel levy is reserved for road construction, it will need a tax hike of R1 per litre to cover construction costs.

Nuclear cost not yet clear

2012-02-28 14:52

The R300bn allocated in the budget for building new nuclear power plants is not the final amount for the project, says Energy Minister Dipuo Peters.

No victimisation in budget - Gordhan

2012-02-26 15:50

Finance minister Pravin Gordhan has hit back at commentators who labelled the 2012 budget as vindictive and a "deadly cocktail".

Tender watchdog to crack whip

2012-02-26 11:26

The newly-created position of chief procurement officer is meant to sniff out tender irregularities and fight procurement fraud.

Budget irks NYDA, says not enough money

2012-02-23 17:46

The National Youth Development Agency - "the organisation with the sole mandate to look after young people" - is disappointed about the reduction of its annual budget.

Gordhan impatient on youth subsidy

2012-02-23 17:29

Finance Minister Pravin Gordhan has voiced impatience with delays in the introduction of his proposed youth wage subsidy.

Budget shows confidence in SA - Sacci

2012-02-23 10:59

The budget shows South Africa can expand its economy unlike many developed countries facing economic crises, the SA Chamber of Commerce and Industry says.


Politicians welcome Budget

2012-02-23 08:50
Politicians welcome Budget

Political parties have broadly welcomed Finance Minister Pravin Gordhan's proposed 2012/13 Budget tabled in the National Assembly.

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Private sector must play its part - Gordhan

2012-02-23 07:42

Finance Minister Pravin Gordhan has called on the private sector to become more involved in the economy through the infrastructure build programme and by creating jobs.

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