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.

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".

SA's safety net

2012-02-24 07:45

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


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.

2 comments1 Views

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.

Small-scale farmers to be trained

2012-02-22 22:25

The government is to train more than 2 000 small-scale farmers over the next year in cost effective farming methods, according to the Budget.

Gordhan warns on underspending

2012-02-22 22:25

Government departments and municipalities not spending their allocated funding will risk losing the allocations, and officials will be held liable.

Sacci concerned by more business taxes

2012-02-22 18:43

The SA Chamber of Commerce and Industry has slated an increase in capital gains and corporate taxes.

Treasury to issue five new bonds

2012-02-22 17:51

The National Treasury will issue new bonds to smooth the maturity structure of its debt, according to the budget statement.

Gordhan laments high bank fees

2012-02-22 17:33

High fees for bank products undermine efforts to encourage South Africans to save more, says the finance minister.


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.

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 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.


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.

1 comments6 Views

No VAT for SKA

2012-02-22 22:25

Finance Minister Pravin Gordhan has announced that the Square Kilometre Array radio telescope would qualify for VAT relief.

Budget broadly welcomed

2012-02-22 22:25

Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's proposed 2012/13 Budget.

Change way provinces are run - Gordhan

2012-02-22 21:06

Finance Minister Pravin Gordhan has called for sweeping changes to be made in the way provinces are run.

State leases, tenders to be policed

2012-02-22 18:26

The Treasury is to take new measures to fight corruption in the procurement process and will review the validity of all property leases signed by the state.

Denel gets R700m injection

2012-02-22 17:41

State arms firm Denel will receive funding to aid its loss-making aerostructure wing.

Domestic workers to get provident fund

2012-02-22 16:12

The state will start provident funds for domestic and farm workers by next year and look into medical schemes for the security sector.

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