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State to spend R800bn on infrastructure
Finance Minister Pravin Gordhan has announced infrastructure spending of R800-billion over the next three years, to boost the economy and create jobs.
Pravin Gordhan
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.
Budget takes first steps in establishing NHI
This year’s budget takes the first steps in establishing a national health insurance (NHI), according to the National Treasury.
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Education ‘first priority’ in budget
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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Gordhan condemns corrupt practices
While delivering his budget speech Pravin Gordhan pointed a finger at tax dodgers and state officials involved in tender-rigging.
Budget expected to be ‘boring’ but ‘good’
"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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Provisional taxpayers unfairly taxed
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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Tips for Pravin
You can’t send "Tips to Trevor" any more, but Pravin Gordhan is keeping the tradition alive.
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Gordhan calls for tips ahead of 2011 budget
Finance Minister Pravin Gordhan has reminded South Africans to send him tips on what they would like to see in the next budget.
Youth agency antics earn it few plaudits
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.
Zumanomics: Taking the muddle way
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.
Gordhan calls for economic restructuring
Finance Minister Pravin Gordhan on Monday called for structural changes to the South African economy.
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Fears of all-out global trade war
Local economists downbeat about the upcoming G20 meeting and expect developing countries to look to their own interests.
Gordhan: World needs to deal with capital inflows
The world needs to deal with the rapid movement of capital flows, Finance Minister Pravin Gordhan said on Tuesday.
Gordhan ‘concerned’ by US Fed move
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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A bigger bang from each buck
Pravin Gordhan’s budget is moderate in fiscal and monetary policy but wants greater efficiency.
Eskom’s early Xmas gift
Eskom will get additional loan guarantees amounting to R350-billion, Finance Minister Pravin Gordhan confirmed.
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Cosatu criticises ‘neo-liberal’ budget
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’s social contract
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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Exchange controls lifted
Finance Minister Pravin Gordhan proposes measures to devalue the rand.
Parties give cautious nod to Gordhan’s budget
Political parties have given a cautious green light to Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement.
Govt eyes tougher controls on financial sector
Drastic exchange-control reforms and tougher controls over the financial sector are some of the highlights of the medium-term budget.
Gordhan: SA has limited options on currency
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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Gordhan presents upbeat budget
Exchange control reforms and the possibility of tougher controls over the financial sector are some highlights from the medium-term budget statement.
Attention turns to medium-term budget
Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement on Wednesday will shed light on the state’s spending priorities.
Gordhan warns of ‘trade war’
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.
Gordhan echoes warning over ‘currency war’
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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Gordhan: Mine nationalisation not on the cards
Nationalising South Africa’s mines was not part of government policy, the country’s finance minister said on Thursday.
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SA to amend exchange controls for companies
SA plans to revise its exchange controls for companies and will delay tightening rules that govern cross-border interest taxation until 2013.
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World Cup adds 1% to SA annual growth
The Soccer World Cup will boost the SA growth rate by one percentage point this year, Finance Minister Pravin Gordhan said late on Thursday.
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Gordhan, AG to probe ‘wasteful’ ticket spending by govt
Finance minister and auditor general are to investigate World Cup ticket purchases by government agencies amid concerns over "wasteful expenditure".
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Anti-corruption, pollution conditions attached to Eskom loan
Eskom’s World Bank loan is subject to conditions on combating corruption and mitigating the impact of greenhouse gas pollution, Pravin Gordhan said.
Gordhan: SA banks remain fairly stable
Finance Minister Pravin Gordhan said on Wednesday local banks remained fairly stable in the face of Europe’s debt woes.