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Mini Budget 2010

Rand cowers as Gordhan cracks whip

Oct 27 2010 22:16

The rand has plummeted, losing almost 3% against the pound, after Finance Minister Pravin Gordhan announced measures to weaken the local currency.

Mini Budget 2010

Gordhan hailed as ExCon fall away

Oct 27 2010 18:11

Financial sector experts have welcomed Finance Minister Pravin Gordhan's move to further ease exchange controls.

Mini Budget 2010

Gordhan vows radical economic change

Oct 27 2010 17:36

Finance Minister Pravin Gordhan says the new growth path unveiled this week will not be cosmetic and will rely on the private sector to create more jobs.

Mini Budget 2010

Gordhan promises value for tax money

Oct 27 2010 17:36

Finance Minister Pravin Gordhan has revealed that R12.4bn budgeted for capital projects in 2009/10 went unspent and vowed to get value for money in public spending.

Mini Budget 2010

Solid, pragmatic budget lauded

Oct 27 2010 16:37

Reaction to Finance Minister Pravin Gordhan's mini budget has been largely positive.

 
Mini Budget 2010

Financial sector overhaul looms

Oct 27 2010 16:31

The Treasury says it plans to release a comprehensive discussion document in early November entailing proposals to beef up the financial regulatory system.

Mini Budget 2010

'Police spend too much on administration'

Oct 27 2010 16:19

Finance Minister Pravin Gordhan has ticked off the police department for spending too much on administration and not enough on actually fighting crime.

Mini Budget 2010

SA economy better off: Gordhan

Oct 27 2010 14:01

Finance Minister Pravin Gordhan says the economy will show higher growth over the next three years than forecast.

Mini Budget 2010

Revenue overrun lowers deficit

Oct 27 2010 14:01

An extra R31bn in revenue has helped bring down the budget deficit to 5.3% of gross domestic product.

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Mini Budget 2010

Tender fraud may top R25bn

Oct 27 2010 14:48

The government is investigating tender fraud totalling R25bn and is considering imposing penalties double the size of the identified fraud.

Mini Budget 2010

R1bn to get youth working

Oct 27 2010 15:07

Incentives for youth job creation have been proposed through the tax system and the finance minister says the emphasis will be on piloting job creation projects.

 
Mini Budget 2010

Gordhan downplays NHI tax burden

Oct 27 2010 14:01

The state would be "relentless" in pursuing National Health Insurance, but Finance Minister Pravin Gordhan played down the prospect of higher taxes paying for it.

Mini Budget 2010

No plans to weaken rand

Oct 27 2010 14:23

SA will not make "inappropriate short-term" responses to weaken the rand as this will hamper longer-term economic growth, says Finance Minister Pravin Gordhan.

Company Snapshot

For detailed Unit Trust information, click here.
JPMorgan's $2bn loss
May 17 2012 12:24

US banks need to take measures to avoid catastrophe, says former Treasury secretary Larry Summers. (Reuters)

Sasha

"Despite talk of early signs of economic recovery in the country, the period under review remained challenging for retailers. Pessimistic consumer sentiment prevailed in an environment featuring continued high levels of unemployment and indebtedness, limited real wage increases, and consumer spend ... Read their blog...

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