• Friday, October 31 2014
  • Subscribe
  • Register

Private sector must speed up investment in SA, says Gordhan

Finance Minister Pravin Gordhan delivers the 2013 budget speech in the National Assembly, Parliament. Picture: GCIS
609 day(s) ago

Finance Minister Pravin Gordhan tells Parliament’s two finance committees that the private sector’s contribution is integral to accelerating growth and employment

SA ‘treading water’ as problems mount — finance experts

608 day(s) ago

Tax and financial experts say the prospects for growth remain a major concern

State spending has kept SA economy alive, says Gordhan

Finance Minister Pravin Gordhan delivers the 2013 budget speech in the National Assembly, Parliament. Picture: GCIS
609 day(s) ago

Policy of countercyclical spending enables government to let private sector take lead during booms and step in during recessions, says Finance Minister Pravin Gordhan

No austerity in South Africa’s 2013 budget, says Gordhan

Finance Minister Pravin Gordhan
609 day(s) ago

An exclusive Summit TV interview with Finance Minister Pravin Gordhan about the main features of his budget and why austerity is not the answer for South Africa

SA first African country to introduce carbon emissions tax

Picture: THINKSTOCK
610 day(s) ago

This will make South Africa the second Brics nation and the first African one to introduce a tax aimed at reducing the emission of gases related to climate change

Youth wage subsidy, with incentives, gets green light

610 day(s) ago

The National Economic Development and Labour Council package will include a tax incentive to private sector employers to employ young workers

Emphasis on discipline to rein in deficit

Finance Minister Pravin Gordhan delivers his budget speech in the National Assembly, Parliament, on Wednesday. Picture: GCIS
610 day(s) ago

Finance Minister Pravin Gordhan says new policy initiatives over the next three years will be financed from savings, efficiency gains and reprioritisation

Carbon emissions tax hike not welcome, says Naamsa

Picture: THINKSTOCK
610 day(s) ago

Automobile body says the increase announced in the budget will likely add 0.5%-1% to the price of a car, but it does consider the lack of ‘tax shocks’ encouraging

Rating agencies praise prudent budget but warn about debt

Picture: REUTERS
610 day(s) ago

Credit rating agencies have mixed views on Treasury’s 2013-14 budget presented to Parliament on Wednesday

Opinion

In the shadow of Marikana, a welcome change in direction

Gone are flirtations with Chavezism, ‘new’ economics, grand social plans and expansive supply-side spending. We are all business now

Mark Barnes promo

Mark Barnes may be disappointed by the increase in beer prices, but he is encouraged by Gordhan’s promise to spend wisely and efficiently

Gordhan got so many things right

Leon Louw promo

Billions more is being wasted on wealth-consuming compliance, writes Leon Louw

Missed opportunities abound as state consumption grows again

Picture: THINKSTOCK

EDITORIAL: A cautionary plastic-bag tale

Raising the tax on plastic bags shows the desperation of the Treasury’s search for money
Steven Friedman

Much of Finance Minister Pravin Gordhan’s speech was directed at business fears, not the rest of society, writes Steven Friedman

Gordhan opens window for dialogue with private sector

Mzukisi Qobo promo

Finance Minister Pravin Gordhan’s 2013 budget can hardly be said to be a great inspiration, writes Mzukisi Qobo

Gordhan’s budget and SA’s leadership challenge

EDITORIAL: Focus must fall on the real economy

Finance Minister Pravin Gordhan delivers the 2013 budget speech in the National Assembly, Parliament. Picture: GCIS
610 day(s) ago

The National Development Plan is the lifeline South Africa must grab with both hands

Much of tax burden falls on the wealthy

Picture: SOWETAN
608 day(s) ago

South Africa’s small tax base inimical to the government’s spending goals, writes Evan Pickworth

Tax relief for individuals in ‘challenging times’

610 day(s) ago

Finance Minister Pravin Gordhan has given some relief to individual taxpayers despite having limited room for expansion

Commitment to value for money

Picture: THINKSTOCK
610 day(s) ago

Basic schooling focus will be on literacy and numeracy, increased intake in grade R

Commission ‘binds all three spheres’ to fight local red tape

Economic Development Minister Ebrahim Patel.   Picture: FINANCIAL MAIL
610 day(s) ago

Presidential Infrastructure Co-ordinating Commission will introduce new way of implementing infrastructure projects in the government

Social grants increase but ‘no substitute for jobs’

609 day(s) ago

The welfare sector gets a boost in this year’s budget with an extra R600m set aside to fund nongovernmental organisation

Tax relief for individuals in ‘challenging times’

610 day(s) ago

Finance Minister Pravin Gordhan has given some relief to individual taxpayers despite having limited room for expansion

Mining needs supportive policy climate

Mark Cutifani. Picture: FINANCIAL MAIL
610 day(s) ago

Treasury’s review of SA’s mining taxation regime should focus on ‘sharing rents equitably and ensuring predictability, stability and competitiveness of industry’

Tax breaks to encourage companies to trade from special zones

610 day(s) ago

R2.9bn tax incentive for special economic zones to encourage businesses to set up their enterprises in these zones

‘New trajectory’ needed to boost growth

610 day(s) ago

Finance Minister Pravin Gordhan says modest growth hampers efforts to address challenges, current account deficit a concern

Gordhan keeps spending tight as budget raises growth alarm for SA

inance Minister Pravin Gordhan delivers the country’s budget speech in February. Picture: TREVOR SAMSON
610 day(s) ago

Deficit estimated at 5.2%, instead of projected 4.8%, R10.4bn sliced off expenditure and debt to hit 40.3% of GDP

SARS not forgotten; boost for home affairs

Picture: SOWETAN
610 day(s) ago

Finance Minister Pravin Gordhan says that over the three-year medium-term expenditure framework period, the Department of Home Affairs will spend R1bn on its information systems modernisation programme

Infrastructure spending slow but ambitious

BUDGET HEAVYWEIGHTS: From left, Deputy Finance Minister Nhlanhla Nene, Finance Minister Pravin Gordhan and South African Revenue Service commissioner Oupa Magashula outside Parliament on Wednesday. Picture: TREVOR SAMSON
610 day(s) ago

State hopes to raise spending to R827bn within next three years

Opinion

Time to consider conditional grants similar to those in South America

There is an increasing impetus for the Treasury to ensure that it gets the maximum social benefit for every rand spent, writes Bronwyn Nortje

Opinion

NDP: ‘Common vision’ to do more than reshuffling revenue and spending

Limited scope for new government spending means that the focus must shift to achieving more from existing spending

SKA funding doubled to give big boost to SA science

610 day(s) ago

The allocation to the Square Kilometre Array radio telescope will more than double to R2bn

Enormous variables in determining country’s budget trajectory

Picture: THINKSTOCK
610 day(s) ago

Economists say the deficit will be under-estimated again due to mining unrest, while Finance Minister Pravin Gordhan tries to rein in spending, writes Tim Cohen

Mixed response from political parties

610 day(s) ago

Opposition parties worried about the realisation of the government’s long-term plans, such as the National Health Insurance

Arms deal paid, defence share covers Africa mission

610 day(s) ago

Deployment of soldiers to Central African Republic will cost R830m over the next two financial years

Up to 60% of households to get subsidised services

Picture: THE TIMES
610 day(s) ago

Local government allocated R277.7bn as equitable share, and new formula to help municipalities with revenue shortfalls

New labour laws ‘against world trend’

South African Chamber of Commerce and Industry CEO Neren Rau. Picture: BUSINESS DAY
610 day(s) ago

Regulations will raise input costs, discourage companies from hiring staff

State opens door to private partnerships

610 day(s) ago

The state plans to review its developmental activities and how they are funded

NHI affordability depends on rate of future growth

BASIC RIGHT: Minister says the National Health Insurance scheme will make health services accessible an affordable to all.  Picture: THE TIMES
610 day(s) ago

The Treasury’s discussion document on financing mechanisms for National Health Insurance is expected to be published for comment only later this year

Bad news yet again for drinkers and smokers

Picture: THINKSTOCK
610 day(s) ago

Excise duties on alcoholic beverages and tobacco products increase by up to 10%

Life made easier for JSE-listed multinationals

Picture: SUNDAY TIMES
610 day(s) ago

Treasury introduces new measures to support JSE-listed companies wanting to expand into Africa

Money for HIV and TB, but NHI finance document still delayed

BUDGET HEAVYWEIGHTS: From left, Deputy Finance Minister Nhlanhla Nene, Finance Minister Pravin Gordhan and South African Revenue Service commissioner Oupa Magashula outside Parliament on Wednesday. Picture: TREVOR SAMSON
610 day(s) ago

Health to get extra funding over medium term, but Treasury document on funding National Health Insurance only expected later this year

Rising debt-to-GDP ratio risks turning into financial nightmare

Picture: THINKSTOCK
610 day(s) ago

State debt levels can potentially approach 50% of GDP in a matter of three years

More tax relief in budget for small businesses

Finance Minister Pravin Gordhan delivers his budget speech in the National Assembly, Parliament, on Wednesday. Picture: GCIS
610 day(s) ago

Turnover threshold raised to R20m from R14m and graduated tax structure has been revised

Budget deficit widens to 5.2% of GDP

Finance Minister Pravin Gordhan at the media briefing prior to the budget speech on Wednesday. Picture: TREVOR SAMSON
610 day(s) ago

Finance Minister Pravin Gordhan says wider deficit is due to ‘revenue losses’, not because of ‘excessive expenditure’

Government spending to rise to R1.15-trillion, Gordhan says

Deputy Finance Minister Nhlanhla Nene. Picture: FINANCIAL MAIL
610 day(s) ago

Bulk of Finance Minister Pravin Gordhan’s budget to be spent on social services at R682.3bn, an increase of 7.8%

 
All Share 48660.440.00% same
Top 40 43335.680.00% same
Financial 15 14749.680.00% same
Industrial 25 59026.410.00% same
Resource 10 46817.300.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6463.550.15% up
Dow Jones 17195.420.00% same
All Share 48660.440.00% same
ASX 5505.000.88% up
S&P 500 1994.6500.62% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 10.9024-0.44% down
GBP/ZAR 17.4168-0.60% down
EUR/ZAR 13.7088-0.84% down
JPY/ZAR 0.0986-0.96% down
AUD/ZAR 9.5901-0.01% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1190.1500-0.83% down
Platinum 1245.50000.28% up
Silver 16.2750-1.45% down
Palladium 779.50000.58% up
Brent Crude Oil 85.880-0.42% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
View More Polls

Opinion Poll

Has Pravin Gordhan's 2013-14 budget made you feel more confident that the government has a tight rein on spending in tough economic times?

Share search

Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
  • All Share : 48660.44
    Change: 0.00%
    Top 40 : 43335.68
    Change: 0.00%
    Financial 15 : 14749.68
    Change: 0.00%
    Industrial 25 : 59026.41
    Change: 0.00%
    Resource 10 : 46817.30
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6463.55
    Change: 0.15%
    Dow Jones : 17195.42
    Change: 0.00%
    Hang Seng : 23999.89
    Change: 1.26%
    ASX : 5505.00
    Change: 0.88%
    S&P 500 : 1994.650
    Change: 0.62%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.8995
    Change: -0.47%
    ZAR/GBP : 17.4121
    Change: -0.63%
    ZAR/EUR : 13.7059
    Change: -0.87%
    ZAR/JPY : 0.0985
    Change: -0.98%
    ZAR/AUD : 9.5871
    Change: -0.04%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1190.1400
    Change: -0.83%
    Platinum : 1245.5000
    Change: 0.28%
    Silver : 16.2850
    Change: -1.39%
    Palladium : 779.5000
    Change: 0.58%
    Brent Crude Oil : 85.880
    Change: -0.42%
    All data is delayed by 15 min
    Data supplied by INET BFA
Content