Malawian immigrants come in the hope of finding jobs – but if they don’t have the proper papers, they face arrest, detention and repatriation.
Finance Minister Pravin Gordhan announced that taxes on wine, beer, spirits and cigarettes would continue to rise above the rate of inflation.
The finance minister targeted civil-servant jobs and increased wealth taxes in an effort to prevent a credit-rating downgrade.
Government will only expand nuclear capacity ‘after a thorough and transparent tender process’ and at a ‘scale and pace that is affordable’.
Finance Minister Pravin Gordhan has provided fiscal drag relief of R5.5-billion for individuals “focusing on lower- and middle-income earners”.
Read Finance Minister Pravin Gordhan’s budget speech, tabled in Parliament on February 24 2016.
Finance Minister Pravin Gordhan has revealed plans to introduce a tax on sugar-sweetened beverages, similar to the sin taxes on alcohol and tobacco.
In a bid to root out corruption, a new e-tender portal will be mandatory, and contracts above R10-million will be monitored to ensure value for money.
Finance Minister Pravin Gordhan’s budget focused on reining in government expenditure, raising tax revenues and preventing a ratings downgrade.
Finance Minister Pravin Gordhan presents his 2016 budget speech to the nation.