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Gordhan: SA’s sound institutional framework will steady country
South Africa’s sound institutional framework, built on the foundation of the Constitution, will hold the country in good stead as it faces uncertainty at home and abroad, the Minister of…
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…
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…
Growth in SADC region holds opportunities for SA business
With the continued gloomy outlook in Eurozone countries and a slow down in growth in a number of developing economies, a rapidly growing Sub-Saharan Africa holds clear opportunities for South…
Gordhan: Depts must seek greater value for money
Departments will have to consolidate programmes and activities, and seek greater value for money from what is available in the Fiscus, the Minister of Finance Pravin Gordhan said yesterday. Presenting…
Municipalities to take over housing, public transport
Building new low-cost houses and rolling out public transport would be devolved to municipalities and greater technical support will be provided in rural areas, the Minister of Finance Pravin Gordhan…
State finance institutions mooted to help fund infrastructure
Government is exploring options aimed at boosting infrastructure funding through enhancing the role of the country’s development finance institutions and by mobilising private-sector capacity, the Minister of Finance Pravin Gordhan…
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…
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…
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”,…
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