Finance Minister Pravin Gordhan has slammed the detractors of his deputy, Mcebisi Jonas, and warned against allowing a “single family” to determine the fate of 55 million South Africans. Gordhan, speaking during an ANC opinion-makers forum in Durban on Sunday, also criticised the timing of the probe into his tenure[…]
Finance Minister Pravin Gordhan’s 2016 budget speech was devoid of surprises, and also – rather sadly – lacking in much of the detail that South Africans had hoped for. Following President Jacob Zuma’s State of the Nation Address earlier this month, South Africans have been eagerly awaiting details as to[…]
According to the Budget review, the R16bn will come from prioritizing R31.8bn to support new spending requirements since the tabling of the 2015 Medium Term Budget Policy Statement in October last year. File photo Finance Minister Pravin Gordhan did not say much about the funding of universities in his Budget[…]
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 Pravin Gordhan should ban e-tolls, refrain from hiking VAT and avoid privatisation of Eskom and other state-owned entities, trade federation Cosatu said on Tuesday in a comprehensive statement tabling its budget speech expectations. South Africa cannot afford to repeat the mistakes of the European Union, whose austerity approach[…]
Newly-appointed Co-operative Governance and Traditional Affairs (Cogta) Minister David van Rooyen is going to have a hard time in charge of local government, especially with elections around the corner, analysts said on Monday. It was announced on Sunday that Van Rooyen, who was appointed as finance minister on Wednesday, would[…]
The decision to replace David van Rooyen only four days after being appointed minister of finance will raise a lot of questions, analyst Ebrahim Fakir said on Sunday night. He was reacting to the news late on Sunday that former Finance Minister Pravin Gordhan has been recalled to his old[…]
Pravin Gordhan has been appointed as the minister of finance, replacing David van Rooyen who was put in the seat four days ago. The Presidency issued a statement on Sunday confirming the appointment. “I have received many representations to reconsider my decision. As a democratic government, we emphasise the importance of[…]
The government will ask political parties to axe underperforming councillors in an effort to punish those at the helm of municipalities that constantly perform poorly on their audited finances, Cooperative Governance and Traditional Affairs Minister Pravin Gordhan has said. Gordhan mentioned an “insatiable greed” for taxpayers’ money, poor financial record[…]
Municipalities around the country owed Eskom R10.8 billion at the end of June, according to Co-operative Governance Minister Pravin Gordhan. “The department is engaging with all parties concerned to find a constructive solution to the challenge,” he said this week in a written reply to a parliamentary question. According to[…]
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