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Thursday, August 17, 2017
Home Medium Term Budget 2012

Medium Term Budget 2012

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...

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...

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...

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...

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...

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,...

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,...

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...

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...

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...

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