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.
Finance Minister Pravin Gordhan said on Wednesday local banks remained fairly stable in the face of Europe’s debt woes.
The government has signalled a new relationship with the country’s major banks.
South African businesses have grown more worried about the direction of economic policy and the impact of above-inflation pay rises.
Will we see lower banking fees? Not likely writes <b>Maya Fisher-French</b>.
Banks on Tuesday welcomed Finance Minister Pravin Gordhan’s decision to make the banking sector more competitive through transparency.
Finance Minister Pravin Gordhan said on Tuesday that some of the fees charged by banks must be lowered.
As the Greek debt crisis escalates, we look at Finance Minister Pravin Gordhan plan to contain the risks locally.
Pravin Gordhan said SA would feel the effects of Greece’s fiscal crisis and warned that spillover from Europe could jeopardise a nascent recovery.
SA’s government expects private shareholders unhappy with proposed changes to the Reserve Bank Act to challenge these changes in court.
Cabinet has approved the SA Reserve Bank Amendment Bill that will limit shareholders’ activities after a fringe group’s battle with the bank.
Finance Minister Pravin Gordhan says the full facts of the ANC’s involvement in Chancellor House, and through it in Hitachi Power Africa, are unclear.
The government may consider raising taxes if the economy does not recover enough to boost tax revenue, Finance Minister Pravin Gordhan says.
Finance Minister Pravin Gordhan has dismissed the idea of a government development bond proposed by Economic Development Minister Ebrahim Patel.
A suggestion made by Minister Ebrahim Patel that private pension funds be used to promote development appears to have been slapped down.
Finance Minister Pravin Gordhan announced on Thursday that by midnight on Wednesday Sars had collected R598,5-billion in tax for the financial year.
Finance Minister Gordhan is weighing the possibility of a new independent regulator for South Africa’s banks.
SA is looking at the impact of the carry trade on its rand currency and is weighing options to curb currency volatility, the Pravin Gordhan said.
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/ 26 February 2010
The core of Malema’s dossier of people allegedly targeted by the Sars is taken from a report drawn up by former Sars undercover agent Mike Peega.
Is African National Congress Youth League president Julius Malema trying to head off a tax probe by alleging Sars pressure on "Zuma’s people"?
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/ 22 February 2010
Pravin loves Gill just the way she is — for now, anyway.
In a letter to Reserve Bank governor Gill Marcus, Gordhan reiterated the bank
Pravin Gordhan may have been business as usual on the surface, but beneath the headline figures of his budget speech were sensitive reform proposals.
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/ 18 February 2010
South Africa is the biggest welfare state in the world, economist Mike Schussler said on Thursday.
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/ 18 February 2010
South African’s rising public wage bill may have serious implications for the country’s ability to service its debt.
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/ 18 February 2010
The Congress of South African Trade Unions (Cosatu) on Thursday renewed its demand for inflation targets to be scrapped.
Finance Minister Pravin Gordhan said on Wednesday there was no need to change the South African Reserve Bank’s existing inflation target band.
Finance Minister Pravin Gordhan’s maiden budget speech seems to have found favour with most political parties in the house as well as economists.
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/ 17 February 2010
South Africa will spend an extra R112-billion over the next three years as it tackles poverty, boosts job creation and fights HIV/Aids.
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/ 17 February 2010
South Africa will from March 1 this year levy mining royalties that were postponed due a recession last year, the National Treasury said on Wednesday.
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/ 17 February 2010
South Africa’s economy is expected to grow by 2,3% in 2010 after contracting 1,8% last year, but unemployment remains a critical challenge.
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/ 17 February 2010
SA’s central bank will continue to target inflation at between 3% and 6% although debate on monetary policy is constructive over the longer-term.
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/ 17 February 2010
"Be prepared to do things differently" was the message of Finance Minister Pravin Gordhan in his maiden budget speech in Parliament on Wednesday.
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/ 16 February 2010
SA unveils a new budget on Wednesday that will aim to pull cash from stretched state coffers to back the president’s promises to create jobs.