Budget 2023
Share

Nene got it right, says ANC

Johannesburg - Finance Minister Nhlanhla Nene got the balance between the needs of the poor and state expenditure right, the African National Congress said on Wednesday.

"I think that balance has been very, very important," party treasurer Zweli Mkhize said outside Parliament reacting to Nene's 2014 mini budget.

"Having looked at what the minister could have done, I think they have been able to give a very frank picture of the difficult economic situation for South Africans, and that's what we need."

ALSO READ: Mini budget - as it happened

South Africans needed a finance minister who was honest about the difficult current economic situation.

"Having said so, also to acknowledge that there is a large global economic crisis, that also our own issues, that we need to sort out internally as a country," Mkhize said.

"I think that the focus on saying that government personal expenditure at different levels needs to be contained. I think that's a good one and also a culture of fiscal discipline has to be part of what he must preach."

* Visit Fin24's Mini Budget Special for all the news.

MORE REACTION:
Prepare to be taxed to save deficit - expert
Entrepreneurs left out in the cold

Nene is scraping the pot, says Cope

...and more...

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.94
-0.0%
Rand - Pound
23.90
-0.0%
Rand - Euro
20.41
+0.1%
Rand - Aus dollar
12.32
+0.1%
Rand - Yen
0.13
-0.0%
Platinum
908.05
+1.2%
Palladium
1,014.94
+1.3%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders