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Political parties on Tuesday congratulated Finance Minister Pravin Gordhan on a positive budget and said he passed his first test. The ANC was impressed with the government's "looking at carefully borrowing to fund government expenditure". "Also impressive...
Arrest warrants for the masterminds of a Ponzi scheme that led to wealthy South Africans being swindled out of billions of rands have been issued by the police, Finance Minister Pravin Gordhan announced in Parliament on Tuesday. Speaking during his medium-term...
Tags: Pravin Gordhan, finance minister, Barry Tannenbaum, minister pravin, Trevor Manuel, Ponzi
Finance Minister Pravin Gordhan faces a massive shortfall in tax revenues as he presents the mid-term budget on Tuesday, likely to double the estimated fiscal deficit. It will be Gordhan's first budget since he took over from the popular and charismatic...
Tags: Pravin Gordhan, term budget, minister pravin, Jacob Zuma, finance minister
South Africa faces the prospect of a much higher than expected budget deficit after Finance Minister Pravin Gordhan's announcement that a lower tax intake could mean a revenue shortfall of between R50-billion and R60-billion this year. But economists...
Tags: Pravin Gordhan, South Africa, minister pravin, finance minister