Chief Economist of Nedbank Group Limited Dennis Dykes says the Finance Minister’s Mid-term Budget will be closely watched to see how most universities will cover the 0% fees increases for families earning below R600 000. Speaking on Morning Live he says, “On a broad level he would need to cover[…]
This afternoon Finance Minister Pravin Gordhan will arguably give the most significant speech of his political career when he delivers the Budget for 2016/17 in parliament. Economically speaking the odds are against South Africa with record-low growth rates, the worst drought in history, and an unsustainable debt to GDP ratio,[…]
Finance Minister Nhlanhla Nene’s 2015/16 budget took the correct approach in dealing with power utility Eskom’s financial issues, ANC treasurer general Zweli Mkhize said on Wednesday. “I’m pleased that there’s a very strong effort to deal with the Eskom issues,” he said. “The allocation from government… and balancing out of[…]
The South African Chamber of Commerce and Industry (SACCI) has suggested that any major tax increase announcement during finance minister, Nhanhla Nene’s budget speech could be detrimental to the small and medium sized enterprises (SME) sector. The minister is expected to deliver his annual address on Wednesday, with all eyes[…]
Cosatu on Tuesday called for the 2015/16 budget to implement radical economic transformation. “The second phase of transformations should be about radical economic transformation,” Congress of SA Trade Unions spokesman Patrick Craven said. “This calls for the implementation of the economic demands of the Freedom Charter which puts people at[…]
WhatsApp us 