Cwele hails work on Protection of State Information Bill

Cwele hails work on Protection of State Information Bill

State Security Minister Siyabonga Cwele has welcomed the work being done by the Adhoc Committee on the Protection of State Information Bill in efforts to improve the Bill. Cwele appeared before the Committee in the National Council of Provinces (NCOP) this week to respond to the proposed amendments made by the committee. The minister was […]

President Zuma withdraws case against Shapiro, Avusa

President Zuma withdraws case against Shapiro, Avusa

The Presidency on Sunday announced that President Jacob Zuma has withdrawn his claim for damages against Avusa Media, publishers of The Sunday Times and editorial cartoonist Jonathan Shapiro, aka “Zapiro”. “After careful consideration and consultation with his legal team, President Zuma has taken a decision to withdraw his claim against the respondents, and pay a […]

Cabinet welcomes plan to protect economy

Cabinet welcomes plan to protect economy

Cabinet has welcomed the key elements of the package agreed upon with the NEDLAC constituencies to respond to the economic challenges facing the country. The package, which was agreed upon after talks earlier this month between government, business, labour and social partners, aims to instil confidence in the economy and to indicate to the nation […]

Gordhan proposes measures to help state spend smarter

Gordhan proposes measures to help state spend smarter

Finance minister Pravin Gordhan detailed several initiatives to reign in the widening deficit and improve the impact of spending by, among other things, investing the balance of resource allocation in new infrastructure. Presenting his Medium Term Budget Policy Statement in the National Assembly, Gordhan said the budget deficit was expected to widen from 4.2% in […]

MPs welcome Gordhan’s measures to contain debt

MPs welcome Gordhan’s measures to contain debt

MPs have welcomed the Minister of Finance Pravin Gordhan’s measures to clamp down on public debt, following his tabling of the Medium Term Budget Policy Statement in the National Assembly yesterday. ACDP MP Steve Swart said: “He sent a very strong message to investors and credit rating agencies, that we are following a prudent fiscal […]

SARS to introduce mechanism to reduce tax clearance fraud

SARS to introduce mechanism to reduce tax clearance fraud

Finance Minister Pravin Gordhan has announced that in a bid to reduce corruption in the tax clearance request process, the South African Revenue Service (SARS) has developed an electronic mechanism for taxpayers to provide real time, up-to-date and continuous tax status to interested parties. “The use of a unique one-time access pin will significantly reduce […]

Report to assess sustainability of state’s spending options

Report to assess sustainability of state’s spending options

The National Treasury is expected to next month release the preliminary findings of a long-term fiscal report that will assess the sustainability of spending options in light of demographic and economic projections. The report, says the Medium Term Budget Policy Statement which was released yesterday by the Minister of Finance Pravin Gordhan, will look at […]

R461.1m Afcon spending was ‘cut to bone’

R461.1m Afcon spending was ‘cut to bone’

The National Treasury has allocated an extra R461.1 million for South Africa’s hosting of the 2013 Africa Cup of Nations (Afcon) soccer tournament, but no spending will go towards “extravagances”, says Deputy Minister of Finance Nhlanhla Nene. Speaking at a media briefing held shortly before the Minister of Finance Pravin Gordhan presented his Medium Term […]

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