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Expenditure reduced to narrow budget deficit
Finance Minister Nhlanhla Nene says government will reduce spending by R25 billion in the 2015/16 and 2016/17 financial year in a bid to narrow the budget deficit. While the Minister is trying to narrow the deficit to 3.6%, he said this reduction in spending --...
LATEST POSTS
Measures to support SMMEs
SMMEs - Government has set aside 30% of all government contracts to support small businesses and co-operatives in a bid to boost township and rural economies. Rural Development and Land Reform Minister Gugile Nkwinti said this when he led a briefing of the Economic...
Regulations for tax free savings
The final notice and regulations that allow for the introduction of Tax Free Savings and Investment Accounts (TFSAs) have been approved by Finance Minister Nhlanhla Nene. This will come into effect from 1 March 2015, the start of the new tax year. The incentive, said...
ENVIRONMENT
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
EVENTS
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
EMPLOYMENT
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
FUNDING
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
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AUTO
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
President Zuma returns from 9th BRICS Summit
President Jacob Zuma is back in the country after his successful working visit to Xiamen, China, where he attended the ninth BRICS Summit. President Zuma, who arrived in the country this morning, had joined other BRICS leaders for the summit, which was held under the...
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
SA Growth outlook revised downwards
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...