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 BUDGET 2009

Zuma, Sharma set for talks 
2009-10-26 17:08:01
Commonwealth Secretary General Kamalesh Sharma will meet President Jacob Zuma to get "to know the thinking" of the South African government on political and economic matters.
[Full Story....] 
COPE, DA wants Gordhan to show he's boss 
2009-10-26 12:39:01
The Democratic Alliance and Congress of the People on Monday called on Finance Minister Pravin Gordhan to show he is firmly in control of macro-economic policy when he tables his first budget.
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Taxman close to 2009 collection target 
2009-04-01 14:30:01
The South African Revenue Service has come within a whisker of its 2009 tax target, according to Finance Minister Trevor Manuel.
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As I see: Seda's Martin Feinstein 
2009-02-12 06:00:01
Small business development should have been one of the five priority themes, as they often miss out in the industrial development focus.
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As I see it: Sentech's Sebiletso Mokone-Matabane 
2009-02-12 06:00:01
I am pleased with the allocation of funds to the Universal Access Services Agency for the digital migration, as this will curtail concerns from the industry and assist with the take-up of TV decoders by consumers.
[Full Story....] 
Royalties put on hold to rescue mining jobs 
2009-02-12 06:00:01
The government would delay the implementation of a mining royalty by 10 months in a bid to save jobs as the global economic slowdown cut commodity prices, the national treasury said yesterday.
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Solid financial track record is a plus for SA in tough times 
2009-02-12 06:00:01
In the frightening financial and economic global environment, one of the things South Africa has going for it is the track record of finance minister Trevor Manuel.
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Quote of the day 
2009-02-12 06:00:01
A billion here, a billion there; sooner or later it adds up to real money. - US senator Everett Dirksen (1896 - 1969)
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Provision for land reform misses the commission target 
2009-02-12 06:00:01
The budget for land reform and land restitution over the next three years totals R20.3 billion, well below the land claims commission's target of about R50 billion.
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SA gets ahead in shovelling for its transport projects 
2009-02-12 06:00:01
Infrastructure development continues to be a key thrust of the government's spending plans, with a projected R787 billion earmarked to expand and spruce up bus transit systems, freeway improvements, electricity and water systems, and rail projects in the medium term.
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Facing the long-term transformation challenges with nod to global storm 
2009-02-12 06:00:01
The storm that we spoke of last year has broken, and it is more severe than anyone anticipated.
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Government allocates R780m to subsidise TV decoders by 2011 
2009-02-12 06:00:01
The government has injected R780 million in to the Universal Access Services Agency to subsidise the decoders that will be used to convert the television analogue signal into digital.
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Social grants help more people 
2009-02-12 06:00:01
Trevor Manuel once again reported an expansion in the number of people receiving social grants: from about 12.3 million last year to an expected 13.3 million by April.
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As I see it: Cope's Phillip Dexter 
2009-02-12 06:00:01
The contradiction between Trevor Manuel's continued conservative approach and the populist rhetoric of the leadership of the ANC is a stark one.
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As I see it: group Five's Mike Upton 
2009-02-12 06:00:01
The government has made a further commitment to infrastructure spend and Trevor Manuel alluded a few times to the engagement between business and the government, which is the solution to rolling out infrastructure efficiently and on an affordable basis.
[Full Story....] 
Auto industry seeks more relief 
2009-02-12 06:00:01
The National Association of Automotive Component and Allied Manufacturers (Naacam) has criticised Trevor Manuel's budget reference to a "short-term cyclical difficulty" in the automotive industry.
[Full Story....] 
As I see it: Sacci's Naren Rau 
2009-02-12 06:00:01
Given the turbulent economic circumstances facing South Africa, this budget charts a pragmatic course that offers hopes for better times ahead.
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As I see it: Adcorp's Richard Pike 
2009-02-12 06:00:01
The R787 billion infrastructure spending programme at the heart of the government's fiscal stimulus package is an important response to the global financial crisis.
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SA shows itself a responsible global citizen amid winds of contagion 
2009-02-12 06:00:01
The question asked about this budget is whether it is enough to prevent the economy falling into the recession an increasing number of observers expect this year.
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A few tax wrinkles get smoothed out 
2009-02-12 06:00:01
It was made known quite widely by the national treasury that this year's budget would not contain very many tax proposals.
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