Pretoria – In what Finance Minister Pravin Gordhan today described as a “remarkable achievement”, the South African Revenue Service (SARS) exceeded its target when it collected more than R814 billion in taxes for the 2012/13 fiscal year. The figure is R4 billion...
Cape Town – Tax revenue grew by R68.5 billion in the last financial year – to total R742.6 billion – R3.9 billion more than forecast by the Minister of Finance Pravin Gordhan when he presented his 2012 Budget in February, the South African Revenue...
Pretoria – South Africa’s targeted budget deficit is achievable, says Deputy Finance Minister Nhlanhla Nene. The Deputy Minister was responding to scepticism over whether government’s targeted budget deficit of 4.6% in 2012/13 is achievable. “The end of the...
