His half-hearted budget fiddling and sops to the elite prove that Marikana burned in vain.
Finance Minister Pravin Gordhan will be seeking to increase tax revenue received from the corporate sector this financial year.
New laws will be introduced this year to regulate the retirement industry, as part of the government’s plan to encourage South Africans to save.
The "fiscal space" built up during the austere Gear period and in the boom years between 2003 and 2008 is all used up, and then some.
Gordhan says the challenge now is to grow the economy and widen the tax base to raise revenue.
The independent body is expected to address weaknesses in the institution’s technical capacity.
But rating agencies, which have downgraded SA, are afraid that he’s letting unrest dictate policy.
Finance Minister Pravin Gordhan failed to mention a single word about the R206-million spent on President Jacob Zuma’s residence at Nkandla.
The Democratic Alliance have welcomed Finance Minister Pravin Gordhan’s conservative 2013/14 budget but criticised it for lacking detail.
Rural areas have always been at the bottom of the list when it comes to healthcare and expenditure.
The business sector has mostly responded positively to the budget announced by Finance Minister Pravin Gordhan in Parliament.
Finance Minister Pravin Gordhan’s budget speech itted well with the development programmes of the ruling party, says the ANC.
Finance Minister Pravin Gordhan’s budget has been generous to the environment, with extended funding and clarity on the carbon tax.
Finance Minister Pravin Gordhan’s budget has shown taxpayers will not see increases in income tax or VAT but sin taxes and fuel levies will go up.
There was one clear message emanating from Finance Minister Pravin Gordhan’s 2013 budget to the government: get with the programme.
Opposition parties and analysts say they hope Pravin Gordhan will provide progress reports on government’s 2012 commitments in his budget speech.
Economic growth pleasantly surprised the market with an increase of 2.1% but analysts are still warning of tough times ahead.
