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/ 20 February 2008
Landowners who opt to preserve habitats and biodiversity on their land are set to receive an income-tax deduction for their efforts, according to the Budget Review tabled by Finance Minister Trevor Manuel on Wednesday. Meanwhile, 726 trees, almost 37 tonnes of paper, were used for the paperwork and the documents of the national budget.
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/ 20 February 2008
DRDGold has denied claims made by the Congress of South African Trade Unions (Cosatu) that intolerant racist behaviour was being practised at the company’s Blyvooruitzicht mine. In a statement released by Cosatu on Tuesday, the union federation alleged that Blyvooruitzicht mine management practised racism towards employees.
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/ 20 February 2008
An early-warning system is to be implemented in 240 Gauteng schools to prevent ”senseless” violence, provincial education minister Angie Motshekga announced on Wednesday at a briefing outlining the social cluster of the Gauteng legislature’s priorities for the year.
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/ 20 February 2008
Over R10-billion will be spent on strengthening the police force and judiciary over the next three years, Finance Minister Trevor Manuel said in his budget speech on Wednesday. There would be more than 200Â 000 police officers by the end of March 2011, up 22% from the 163Â 000 police officers in 2006/07.
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/ 20 February 2008
South Africa’s current account increased to 7,2% of gross domestic product in 2007 and will rise to 8% by 2010, as imports soar and export growth remains sluggish, the Treasury said on Wednesday. The Treasury said the current account had shifted from a surplus of R10-billion in 2002 to a deficit of R143-billion in 2007.
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/ 20 February 2008
Finance Minister Trevor Manuel on Wednesday dismissed suggestions that recent political developments within the African National Congress (ANC) made the drafting of the 2008 budget difficult. "I never had any concerns on whether there will be difficulties in these areas," he said.
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/ 20 February 2008
The age limit for the child-support grant will be raised by one year to include 14-year-olds as from January next year, Finance Minister Trevor Manuel announced on Wednesday. He also said the qualifying age for men for the state old-age pension would be reduced from 65 to 63 this year, to 61 in 2009, and 60 by 2010.
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/ 20 February 2008
Writer and filmmaker Alain Robbe-Grillet, an ”enfant terrible” of France’s literary establishment who helped found the New Novel school in the 1950s, died on February 18 aged 85. Robbe-Grillet became a cult figure among France’s postwar intelligentsia with a genre of novel-writing that rejected conventions such as plot and characterisation.
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/ 20 February 2008
The government will fund embattled electricity producer Eskom to the tune of R60-billion over the next five years, according to national budget documents tabled by Finance Minister Trevor Manuel on Wednesday. At the same time, it will introduce a levy in a bid to get consumers to save electricity.
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/ 20 February 2008
Finance Minister Trevor Manuel’s 2008/09 national budget tabled in Parliament on Wednesday brings tax relief, reduced corporate taxes, financial support for Eskom’s programme to build power stations, a new electricity levy, more social spending and a boost for job creation.