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.
SA projected a larger-than-expected budget deficit as the approach of elections put the government under pressure to spend more.
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/ 23 February 2011
Finance Minister Pravin Gordhan has announced infrastructure spending of R800-billion over the next three years, to boost the economy and create jobs.
This year’s budget takes the first steps in establishing a national health insurance (NHI), according to the National Treasury.
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/ 23 February 2011
Education and skills development are "the first priority" in government spending over the next three years, according to Wednesday’s budget.
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/ 23 February 2011
While delivering his budget speech Pravin Gordhan pointed a finger at tax dodgers and state officials involved in tender-rigging.
"Boring" and "no surprises" are words being used by politicians and economists alike on their expectations for Wednesday’s budget speech.
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/ 14 February 2011
The SA Institute of Chartered Accountants is calling for amendments to provisional tax legislation because some taxpayers end up paying too much.
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/ 24 January 2011
You can’t send "Tips to Trevor" any more, but Pravin Gordhan is keeping the tradition alive.
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/ 20 January 2011
Finance Minister Pravin Gordhan has reminded South Africans to send him tips on what they would like to see in the next budget.
The feeding frenzy for the ANC Youth League’s friends won’t have escaped the finance minister’s attention in their demand for more money.
As of this week SA has three economic policies — or is it four? And that’s just the government. The ANC and its partners account for several more.
Finance Minister Pravin Gordhan on Monday called for structural changes to the South African economy.
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/ 12 November 2010
Local economists downbeat about the upcoming G20 meeting and expect developing countries to look to their own interests.
The world needs to deal with the rapid movement of capital flows, Finance Minister Pravin Gordhan said on Tuesday.
SA is "concerned" about the US Federal Reserve’s decision to pump more money into the economy as it would negatively affect developing countries.
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/ 1 November 2010
Pravin Gordhan’s budget is moderate in fiscal and monetary policy but wants greater efficiency.
Eskom will get additional loan guarantees amounting to R350-billion, Finance Minister Pravin Gordhan confirmed.
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/ 29 October 2010
Cosatu is not giving up on President Jacob Zuma — at least for now. But the federation’s officials still had scorching words for this week’s budget.
Pravin Gordhan paused in his medium-term budget policy speech on Wednesday to make what seemed a rote remark about the tax season.
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/ 28 October 2010
Finance Minister Pravin Gordhan proposes measures to devalue the rand.
Political parties have given a cautious green light to Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement.
Drastic exchange-control reforms and tougher controls over the financial sector are some of the highlights of the medium-term budget.
SA has few options to devalue its currency in the face of capital inflows and the race to do that by other countries could jeopardise global growth.
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/ 27 October 2010
Exchange control reforms and the possibility of tougher controls over the financial sector are some highlights from the medium-term budget statement.
Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement on Wednesday will shed light on the state’s spending priorities.
Pravin Gordhan has warned that the so-called currency wars could lead to what he referred to as "trade wars" if they are allowed to continue.
Finance Minister Pravin Gordhan says the world is heading towards a "currency war" unless developed nations gave ground at G20 negotiations.
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/ 16 September 2010
Nationalising South Africa’s mines was not part of government policy, the country’s finance minister said on Thursday.
SA plans to revise its exchange controls for companies and will delay tightening rules that govern cross-border interest taxation until 2013.
The Soccer World Cup will boost the SA growth rate by one percentage point this year, Finance Minister Pravin Gordhan said late on Thursday.
Finance minister and auditor general are to investigate World Cup ticket purchases by government agencies amid concerns over "wasteful expenditure".
Eskom’s World Bank loan is subject to conditions on combating corruption and mitigating the impact of greenhouse gas pollution, Pravin Gordhan said.