South Africa Tables 2012 Budget


The country's Finance Minister Pravin Gordhan has presented the 2012 national budget to parliament.


Photo: BuaNews

Finance Minister Pravin Gordhan.

  • South Africa:  Investors Want State to Deliver Before Unlocking Savings

    BuaNews, 22 February 2012

    Government needs to prove that it can spend on infrastructure before the private sector will invest in new build projects, Standard Bank chief economist Goolam Balim said today. read more »

  • South Africa:  Gordhan Announces Tax Relief for Small Businesses

    BuaNews, 22 February 2012

    Finance Minister Pravin Gordhan has announced tax relief for small businesses and a new small business financing agency is to help fund the sector. read more »

  • South Africa:  Tax Credit for Medical-Aid Contributions - Gordhan

    BuaNews, 22 February 2012

    The Minister of Finance Pravin Gordhan today announced the introduction of a tax credit on medical aid contributions. read more »

  • South Africa:  Mixed Reaction to Toll Announcement

    BuaNews, 22 February 2012

    There was mixed reaction to Finance Minister Pravin Gordhan's Budget Speech on Wednesday, with trade union federation Cosatu vowing to push ahead with a planned strike against ... read more »

  • South Africa:  Gordhan Announces Relief in E-Tolling Fees

    BuaNews, 22 February 2012

    Finance Minister Pravin Gordhan has announced a proposal that will bring about relief for Gauteng motorists with regard to e-tolling fees. read more »

  • South Africa:  R9.5 Billion to Boost Business Competitiveness

    BuaNews, 22 February 2012

    The Minister of Finance Pravin Gordhan has allocated R9.5 billion over the next three years to boost businesses through competitiveness incentives and investment in technology, ... read more »

  • South Africa:  Tax Administration Bill Approved

    BuaNews, 22 February 2012

    Finance Minister Pravin Gordhan today announced that the Tax Administration Bill had been approved by Parliament. read more »

  • South Africa:  Job Creation is Government's Priority

    BuaNews, 22 February 2012

    Finance Minister Pravin Gordhan says job creation is a central priority of government. read more »

  • South Africa:  Capital Gains Tax to Increase, but Thresholds Raised

    BuaNews, 22 February 2012

    Capital Gains Tax (CGT) for individuals and special trusts will be increased from 1 March- from 25% to 33.3%, while that for companies and other trusts from 50% to 66.6%. read more »

  • South Africa:  Smokers, Drinkers to Pay More

    BuaNews, 22 February 2012

    The next time you visit your favourite watering hole - be prepared to spend a little more on a glass of beer, wine and spirits. read more »

  • South Africa:  Massive Increase in Social Spending, Grants

    BuaNews, 22 February 2012

    As government finds ways to grow an economy that may eventually produce much needed jobs, spending on social assistance will rise sharply in the next three years from R111.2 ... read more »

  • South Africa:  Big Spend On Education

    BuaNews, 22 February 2012

    South Africa's spending on education continues to grow with Finance Minister Pravin Gordhan today announcing an allocation of R207 billion to the sector with projections that this ... read more »

  • South Africa:  R1 Billion Pumped Towards National Health Insurance

    BuaNews, 22 February 2012

    Government has moved one step further towards the establishment of the massive National Health Insurance scheme for South Africa, with Finance Minister Pravin Gordhan today ... read more »

  • South Africa:  Gordhan to Table 2012 Budget

    BuaNews, 21 February 2012

    All eyes will be on Finance Minister Pravin Gordhan when he tables the 2012 National Budget tomorrow. read more »

  • South Africa:  Night Vigil At Parliament Prior to Budget Speech

    West Cape News, 23 February 2012

    On the eve of Finance Minister Pravin Gordhan's budget speech, over one hundred people - many of them having travelled from the far flung rural areas - gathered to demonstrate ... read more »