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Gordhan hits out at landlords who overcharge state

Minister of Public Works Thulas Nxesi. Picture: SUNDAY WORLD

Finance Minister Pravin Gordhan lashes out at unscrupulous landlords who charge state departments excessive rent and for services not rendered

National departments to run some local services

A resident makes use of a public water point in Boiketlong informal settlement in Sebokeng, south of Johannesburg.  Picture: THE TIMES

Aim is to ensure funds for service delivery are used as intended, amid escalating protests over water, sanitation and living conditions

ANC not serious about land reform, opposition parties say

Pieter Mulder. Picture: ARNOLD PRONTO

Opposition parties say absence of any significant new announcement on contentious land reform process proves ruling ANC is not serious about it

NHI details promised before election in May

Health Minister Aaron Motsoaledi. Picture: TREVOR SAMSON

Long-awaited details of government’s plans for National Health Insurance should be revealed before May 7, says Finance Minister Pravin Gordhan

Slow-spending entities lose out as state cuts expenditure

South Africa's KAT-7, a prototype of the MeerKAT telescope, which is expected to play a pivotal role in the future of the Square Kilometre Array. Picture: MAIK WOLLEBEN

Government makes good on commitment to reprioritise spending, cutting funds in 2014-15 budget to entities that have not spent fast enough


Creation of wealth is what matters, but fiscus is hindering this

Cape Town city SA flag XXX  Picture: THINKSTOCK

Savings must be invested to expand the South African economy’s production capacity

Lungisa Fuzile. Picture: FINANCIAL MAIL

Finance minister hails a healthier, more inclusive economy

Finance Minister Pravin Gordhan says fiscal policy in first two decades of democracy has brought about greater stability

Infrastructure spending to stay constant


Estimates of spending on government’s infrastructure building programme remain almost constant at R847bn over next three years in budget

‘Reasonable’ budget with few surprises seen to support investor confidence

Tim Harris, the DA’s shadow minister of finance. Picture: MARTIN RHODES

Finance Minister Pravin Gordhan’s budget speech has drawn widespread reaction from economists, opposition parties and industry bodies

SMEs to get R6.5bn boost due to important role in job creation


Government to boost support for small and medium-sized enterprises by R6.5bn over next three years

Increase in public works jobs to tackle unemployment

A worker on the Department of Co-operative Governance and Traditional Affairs’ Community Work Programme. Picture: SOWETAN

Expansion of public works employment planned over next three years to help compensate for anticipated moderate economic growth

Carbon tax postponed to 2016 to allow for ‘coherent package’

Carbon greenhouse gas. Picture: THINKSTOCK

Postponement until 2016 of carbon tax welcomed as state has realised effort required to get workable regime in place

Former finance minister Trevor Manuel delivers his budget speech in Parliament in February 2004. Picture: SUNDAY TIMES

Freedom review: we consider the highs and lows of SA’s budget

Hilary Joffe considers how finance ministers chose their words in the democratic era

Tax revenue up R1bn to R899bn, despite fears


Finance Minister Pravin Gordhan says corporate income will exceed 2008-09 peak of R169bn for the first time

State looks to address savings, debt levels

Ismail Momoniat, deputy director-general of tax and financial sector policy. Picture: FINANCIAL MAIL

Several initiatives to encourage South Africans to decrease indebtedness and increase savings announced by finance minister

Peacekeeping in Africa allocated R1.5bn in budget

UPHILL BATTLE:  Members of liberation movement armies are going through a verification process before state benefits are granted. Picture: SOWETAN

SA’s contribution to peacekeeping in Africa and combating piracy off the east coast will cost R1.5bn in 2014-15

Housing development, sanitation and power supply set to improve

A woman inspects a newly installed enclosed toilet in Makhaza, Cape Town, in 2011. Picture: THE TIMES

Government to build 216,000 houses and connect 905,000 households to electricity over medium-term expenditure framework period

Special priority for education comes with call to focus on quality


Finance Minister Pravin Gordhan says billions of rand will be allocated over three years to ‘ramp up’ skills development

Boost for SA companies in Africa


Simplified tax and foreign exchange frameworks are aimed at easing trade with the continent

Pledge of R620m as digital migration deadline looms


Finance Minister Pravin Gordhan says R620m will be allocated this year to digital migration programme

NDP implementation will be hard, Gordhan says

Finance Minister Pravin Gordhan, left, and Reserve Bank governor Gill Marcus arrive at Parliament in Cape Town on Wednesday to brief media prior to the 2014 budget speech.  Picture: TREVOR SAMSON

Finance minister says implementation depends on discipline, hard work, co-operation and sustained productivity improvements in public and private sectors

Tax recovery keeps initiatives on track

Revenue collection in SA is recovering and should help government meet spending plans, Finance Minister Pravin Gordhan says

Pressure expected to ease on SA’s borrowing requirements

Budget deficit set to narrow as economic growth lifts revenue collection while strict spending measures will be implemented

Lack of jobs still most urgent issue

Finance Minister Pravin Gordhan. Picture: TREVOR SAMSON

SA’s economic growth to improve but will only lead to moderate job creation, says Finance Minister Pravin Gordhan

Cleaning up grant system saves R2bn

Ineligible beneficiaries weeded out to boost old-age payments by R85, but Black Sash says it is too little

Municipalities to take over housing

Municipalities set to take over delivery of houses from provinces, Finance Minister Pravin Gordhan says in budget

Simpler tax relief for supporters of entrepreneurs

Government commits to helping venture capital thrive in SA by easing tax regulations

Cheer for pipe smokers, but bubbly drinkers are hit hard


Only pipe-smoking drinkers of traditional African beer to be happy with increases in excise duty

Simpler tax relief for supporters of entrepreneurs

Government commits to helping venture capital thrive in SA by easing tax regulations


Government opts to reassure business rather than seek few extra votes

The budget contains no ‘populist’ gestures aimed at boosting ANC’s vote


Proof of the pudding will be in the eating — next year, or the next…

No single budget speech will be the catalyst for the immediate economic growth we hope for

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