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South Africa:
Budget Draws Praise All Round
SAPA, 23 February 2011
Finance Minister Pravin Gordhan appeared to please nearly everyone in his 2011/2012 Budget Wednesday, with economists, estate agents, vehicle makers and even heavily-taxed tobacco… Read more »
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South Africa:
Billions Pumped Into Health Care
BuaNews, 23 February 2011
Government has set aside over R8 billion from the Health Department's budget of R113 billion towards boosting hospital facilities that will see the phasing in of the National… Read more »
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South Africa:
R2 Billion More to Beef Up Crime Fighting
BuaNews, 23 February 2011
Government will in the next year pump billions of rands into the country's fight against crime with more than R2 billion set aside to increase police personnel from the current 190… Read more »
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South Africa:
New World Order an Opportunity for Govt- Gordhan
BuaNews, 23 February 2011
The burgeoning economic growth of Africa and the Bric countries represent an "epoch-changing" shift in the global economy and an opportunity for South Africa, the Minister of… Read more »
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South Africa:
Reserve Bank to Continue Intervention on Rand
BuaNews, 23 February 2011
Government will continue to assist the Reserve Bank to accumulate foreign exchange reserves and engage in foreign currency swaps to moderate the effect of capital inflows on the… Read more »
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South Africa:
State to Spend R800 Billion on Infrastructure
BuaNews, 23 February 2011
The government and state-owned enterprises will spend more than R800 billion over the next three years on new power stations, road networks, dams and water supply pipelines, rail… Read more »
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South Africa:
Big Spending on Education Continues
BuaNews, 23 February 2011
Spending on education has once again remained high on government's priorities with Finance Minister Pravin Gordhan on Wednesday announcing an allocation of more than R189 billion… Read more »
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South Africa:
Beefing Up Road Infrastructure
BuaNews, 23 February 2011
Government is to spend more than R10 billion in the next year on restoring the country's transport infrastructure, which will include an improvement of national and provincial… Read more »
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South Africa:
Youth Wage Subsidy to Start Next Year - Gordhan
BuaNews, 23 February 2011
The National Treasury wants to implement a R5 billion youth employment subsidy in the 2012 financial year - from 1 April 2012. Read more »
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South Africa:
Budget Parameters Likely to Stay Unchanged - Idasa
BuaNews, 23 February 2011
The Institute for Democracy in SA (Idasa) believes the broad parameters of the 2011 Budget are likely to remain unchanged over the medium-term. Read more »
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South Africa:
2011 Budget Speech By Minister Pravin Gordhan, Minister of Finance
BuaNews, 23 February 2011
It is my privilege to introduce the Second Budget of President Zuma's administration. Read more »
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South Africa:
Business, Economists Welcome 2011 Budget
BuaNews, 23 February 2011
Finance Minister Pravin Gordhan's 2011 budget has been well received, given the little room there was for flexibility. Read more »
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South Africa:
Praise for Finance Minister's Budget
BuaNews, 23 February 2011
Finance Minister Pravin Gordhan's Budget Speech was widely welcomed on Wednesday with organised business and youth formations lauding the commitment made towards skills development… Read more »
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South Africa:
Political Parties Welcome Gordhan's Budget
BuaNews, 23 February 2011
Political parties have broadly supported Finance Minister Pravin Gordhan's Budget Speech, especially the focus on economic growth, job creation and poverty alleviation. Read more »
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South Africa:
Gordhan's Budget Realistic, Sensible - Busa
BuaNews, 23 February 2011
Business Unity South Africa, which represents South African business on macro-economic and high-level issues, says the Budget Speech by Finance Minister Pravin Gordhan was… Read more »