What motivated Michael Jordaan to leave FNB, wonders Paddy Hartdegen.
Thanks to a garnishee order, a user will pay R17 000 for a debt of under R3 000.
The R300bn allocated in the budget for building new nuclear power plants is not the final amount for the project, says Energy Minister Dipuo Peters.
Finance minister Pravin Gordhan has hit back at commentators who labelled the 2012 budget as vindictive and a "deadly cocktail".
The newly-created position of chief procurement officer is meant to sniff out tender irregularities and fight procurement fraud.
Social grants stabilise SA at a small cost, says an economist.
The budget shows South Africa can expand its economy unlike many developed countries facing economic crises, the SA Chamber of Commerce and Industry says.
Finance Minister Pravin Gordhan has called on the private sector to become more involved in the economy through the infrastructure build programme and by creating jobs.
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The SA Chamber of Commerce and Industry has slated an increase in capital gains and corporate taxes.
Government departments and municipalities not spending their allocated funding will risk losing the allocations, and officials will be held liable.
Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's proposed 2012/13 Budget.
The government is to train more than 2 000 small-scale farmers over the next year in cost effective farming methods, according to the Budget.
Finance Minister Pravin Gordhan has announced that the Square Kilometre Array radio telescope would qualify for VAT relief.
South Africa will start running out of water 13 years from now without better management, according to Treasury's 2012 Budget Review.
Finance Minister Pravin Gordhan has called for sweeping changes to be made in the way provinces are run.
The Treasury is to take new measures to fight corruption in the procurement process and will review the validity of all property leases signed by the state.
The National Treasury will issue new bonds to smooth the maturity structure of its debt, according to the budget statement.
State arms firm Denel will receive funding to aid its loss-making aerostructure wing.
High fees for bank products undermine efforts to encourage South Africans to save more, says the finance minister.
The authorities are to clamp down on tax evaders, says the finance minister, while a voluntary disclosure programme yielded more than R1bn in revenue.
The government is looking at introducing a carbon tax next as part of its commitment to reduce greenhouse gases.
The higher education department will aid more students to acquire scarce skills.
The number of social grant recipients is to increase to 16.7 million over the next three years.
The state will start provident funds for domestic and farm workers by next year and look into medical schemes for the security sector.
A narrower budget deficit is likely to reassure the markets that the government is keeping spending in check.
Increases to the general fuel and Road Accident Fund levies will add to the fuel price.
The full text of Finance Minister Pravin Gordhan's speech.
Finance Minister Pravin Gordhan has included personal income tax relief of R9.5bn in the budget to provide some easing of the taxpayer's burden.
The price of a packet of cigarettes will go up by more than 55c and spirits will cost R6 more for 750ml.
The tax threshold for small businesses and micro-enterprises will be increased.
Highlights from SA's R1 trillion spending plan.
Finance Minister Pravin Gordhan says the national health insurance will be staggered over a 14-year period, but did not outline any specific funding in this budget.
Definitely, it is a very embarrassing admission to make. 41% 12 votes
41
Not at all, it shows you are tackling your debt problem. 28% 8 votes
28
I have no debt worries so it doesn't affect me. 31% 9 votes
31
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