Pravin Gordhan is a prominent South African politician, born on April 12, 1949, in Durban. He notably served as Minister of Finance from 2009 to 2014 and again from 2015 to 2017, implementing vital economic policies. Gordhan also held roles in public enterprises and governance, advocating for transparency, accountability, and combating corruption during his career. His contributions have been crucial to South Africa's economic development and stability.
South Africans will have to tighten their belts, knuckle down and work together if we are to weather the economic storms ahead, says Pravin Gordhan.
Finance Minister Pravin Gordhan will deliver his medium-term budget address in Parliament today amid increasing pressure to enable job growth.
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/ 17 October 2011
SA’s manufacturing sector has been the hardest hit by the global slowdown, but there is hope Pravin Gordhan will announce measures to support it.
The Democratic Alliance has welcomed Cabinet’s decision to appoint a task team to look into the Gauteng tolling system.
Cabinet has appointed a task team to look into the controversial Gauteng tolling system, the Department of Transport says.
South Africa stands to gain much from the tax in terms of both monetary and environmental benefits, but business warns of job losses.
Prior to the R1.7-billion police headquarters leasing scandal, developer Roux Shabangu was a major beneficiary of "irregular" Land Bank loans.
Finance Minister Pravin Gordhan has called on the World Federation of Exchanges to help African stock exchanges get on their feet.
South Africa could use its foreign exchange reserves if necessary to relieve market stress caused by global turmoil, says Pravin Gordhan.
Low rates favour tech and capital-intensive investment, not the labour-absorbing activities SA may need, says Finance Minister Pravin Gordhan.
South Africa needs to look in other parts of the world to diversify its trade, and not focus only on Europe, Finance Minister Pravin Gordhan says.
Every country must contribute to resolving the EU crisis, says Finance Minister Pravin Gordhan, and SA’s good for a few hundred million dollars.
A meeting of emerging economies will consider a Brazilian proposal to buy European bonds to help crisis-hit eurozone countries, Pravin Gordhan says.
Inflation in SA remains "highly persistent" although pressures have been contained by weak demand and a relatively strong rand, says Pravin Gordhan.
The Brics are considering offering support to the euro area, possibly by buying bonds, but there are doubts that a significant plan will materialise.
Finance Minister Pravin Gordhan has slammed ratepayer groups who refuse to pay their rates and place their money in trust accounts.
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/ 12 September 2011
An increase in the rate of Value Added Tax would be the most effective way of funding the National Health Insurance, economists say.
The uncertainties in the global economy remain a risk to prospects and the country needs to increase its competitiveness, says the finance minister.
Pravin Gordhan needs SA’s economy grow at a rate of around 7% per annum in order to create jobs and keep the country globally competitive.
South Africa is confident of its growth forecasts and the fiscal policies outlined in its February budget, and has an "extreme crisis" plan.
The Cabinet has issued a tacit rebuke of Finance Minister Pravin Gordhan for suggesting SA will have to ease labour laws if it is to create more jobs.
Jobs are not being created fast enough to absorb the rising labour force, despite two consecutive quarters of job creation in SA, says Ebrahim Patel.
Finance Minister Pravin Gordhan is being "vague" over the proposals for a youth wage subsidy, which he suggested last week, the DA says.
SA’s fiscal policies have helped it weather turmoil in the global economy, but reforms are needed to tackle the key challenge of unemployment.
The finance minister has defended a controversial R2.4-billion bailout for Swaziland, saying he hoped it would encourage democratic shifts there.
The odds are 60-40 against the global economy falling back into a so-called double dip recession, says Finance Minister Pravin Gordhan.
The headlines that flowed from British Prime Minister David Cameron’s visit to South Africa this week were about anything but Africa.
South Africa would not be able to escape an escalated European crisis unscathed, Finance Minister Pravin Gordhan said on Thursday.
British Prime Minister David Cameron is due to arrive in South Africa for a meeting with Jacob Zuma on investment and sustainable development.
President Jacob Zuma needs to allay fears the country is fast becoming a "corruption-ridden banana republic", Cosatu has said.
The South African authorities are closely monitoring Europe’s worsening debt crisis but remain confident.
As the country reels from twin strikes by the metal and chemical worker unions, a further strike is looming by nearly a million members of Cosatu.