• Mon Feb 22 10:07:39 SAST 2016
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Expect fiscal tightening to avoid sovereign credit rating downgrade

Pravin Gordhan. Picture: REUTERS/MIKE HUTCHINGS

Modest budget deficit trajectory needed to appease rating agencies

Gordhan has to start rebuilding trust

Pravin Gordhan.  Picture: RUSSELL ROBERTS

State of the nation address did little to repair December’s damage, writes Madeleine van Niekerk

Tax increases and state spending cuts are inevitable, PwC says

PwC head of national tax technical Kyle Mandy. Picture: FINANCIAL MAIL

Corporate taxes will not be raised as many companies are already under financial pressure due to weak demand and muted economic growth, says PwC’s Kyle Mandy

A juggling Gordhan to walk shaky tightrope

STANDSTILL: Finance Minister Pravin Gordhan. Picture: TREVOR SAMSON

Minister will have to narrow deficit while keeping nation happy, writes Ntsakisi Maswanganyi

Bloated Cabinet is the real issue, not SA’s two capitals, De Lille says

South African flags flying high. Picture: GCIS

Cape Town mayor Patricia de Lille says the key issue is that the government is too big, and that Parliament should be streamlined to save costs to the taxpayer

SA can avoid a rating downgrade to junk status

Picture: SUPPLIED

Standard Bank chief economist Goolam Ballim says this is possible if the budget on February 24 clearly states how higher economic growth will be achieved

Moody’s takes tougher line as it flags higher risk of downgrade

Picture: REUTERS

Weak economic growth and lower tax revenues will lead to credit rating downgrade, warns rating agency

Opinion

Prescriptions for Pravin — what to look for in the budget

Will Finance Minister Pravin Gordhan raise the annual limit on tax-free savings or untangle the almost incomprehensible tax system

Tax increases and state spending cuts are inevitable, PwC says

PwC head of national tax technical Kyle Mandy. Picture: FINANCIAL MAIL

Corporate taxes will not be raised as many companies are already under financial pressure due to weak demand and muted economic growth, says PwC’s Kyle Mandy

Standard Bank CEO foresees tough year ahead

Standard Bank joint CEO Sim Tshabalala speaks at the Industrial Development Corporation offices in Sandton on Wednesday. Picture: MARTIN RHODES

Sim Tshabalala said the rand was likely to continue depreciating and he expected the Reserve Bank to allow the currency to ‘act as a shock absorber’

Gordhan vows to avoid downgrade

Pravin Gordhan. Picture: BLOOMBERG/JASON ALDEN

Pravin Gordhan says steps are being taken to restore credibility and address concerns

Pravin Gordhan. Picture: AFP PHOTO/MUJAHID SAFODIEN

ECONOMIC WEEK AHEAD: All eyes on Gordhan’s crucial budget speech

Ratings agencies Moody’s, Standard & Poor’s and Fitch will have notebooks out when SA Inc presents its state of financial affairs, writes Ntsakisi Maswanganyi

SA’s debt risk needs action, says Zuma

President Jacob Zuma. Picture: ELMOND JIYANE

President tells the Financial Mail the government needs to do things differently including co-operating with business and curbing spending

Deloitte sees personal tax hikes and carbon levy

Picture: THINKSTOCK

Tax predictions see higher tax on wealthier, new carbon levy and possible resurrection of levy on company turnovers

Failure to tackle economic quagmire could hurt ANC at polls, says research firm

Picture: BUSINESS DAY

FocusEconomics says rising inflation, slowing growth, drought, a weak currency and other woes could take a toll but local analyst says other issues may trump economics

‘More mistakes on policy will put SA in junk turf’

Konrad Reuss, Standard & Poor’s MD in South Africa. Picture: SUNDAY TIMES

S&P;’s sub-Saharan Africa head says ‘policy mistakes’ such as firing of Nhlanhla Nene damage SA while failure to improve economic growth the biggest risk factors

Opinion

EDITORIAL: Don’t let dogma shape the budget

Finance Minister Pravin Gordhan addresses a media briefing in Pretoria. Picture:  REUTERS/SIPHIWE SIBEKO

In tough economic times, nothing is sacrosanct. It's time to make hard decisions and implement them

Opinion

ON THE MONEY: Gordhan may deliver believable solutions to avoid a downgrade

Finance Minister Pravin Gordhan is going to be successful in effort to placate the ratings agencies

Opinion

UNEMBARGOED: Zuma must set the frame for Gordhan's budget

Key question is whether Jacob Zuma will be honest in his appraisal of South Africa’s economy and finances

Opinion

Economic stagnation feels just like recession to the South African consumer

Picture: SUPPLIED

There is no catalyst to spur stronger growth soon, and SA has not announced structural measures to turn economic growth around

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