Mediumterm Budget Policy Statement
latest news & developmentsTreasury eases exchange controls
Finance Minister Pravin Gordhan eased exchange controls on Tuesday in an effort to stimulate investment in South Africa’s flagging economy.
Transforming economy means ‘tough choices’
Debt will have to rise to pay for floundering state-owned entities, exchange controls have been eased and inflation targeting looks set to stay.
Gordhan: I’m a pragmatist, not a communist
Finance Minister Pravin Gordhan says he is aware of the political debate raging about economic policy, but will not be swayed from being "pragmatic".