# Cosatu says whilst it welcomes important progressive allocations in the national budget, concerns remain that it may not provide the stimulatory effect the economy desperately needs. Finance minister Enoch Godongwana presented a less controversial budget on Wednesday. Cosatu’s Matthew Parks says they appreciate the scrapping of the value-added tax hike, but remain deeply distressed that […]
# The Freedom Front Plus says the amended budget tabled by minister of Finance, Enoch Godongwana, is a victory for multiparty democracy in South Africa. The minister aimed to fill the revenue hole dug by the scrapping of the proposed value-added tax hikes while keeping mounting state debt levels under control. The FF Plus says […]
# Minister van Finansies, Enoch Godongwana, het aangekondig dat ‘n bykomende 180-miljard-rand in besteding oor die mediumtermyn gefokus sal word op kritieke sektore, insluitend onderwys. Na die lewering van Begroting 3.0 het Godongwana die toewysings uitgelig as deel van ‘n breër belegging van 1,03-duisend-miljard-rand in openbare infrastruktuur oor drie jaar. Hy het beklemtoon dat dit […]
# Finance minister Enoch Godongwana has announced that an additional 180-billion-rand in spending over the medium term, seeks to focus on critical sectors including education. Speaking on the sidelines after delivering Budget 3.0. Godongwana highlighted the allocations as part of a broader 1.03-trillion-rand investment in public infrastructure over three years. He emphasised that it aims […]
# Statistics South Africa says retail trade sales rose by 1.5-percent year-on-year in March, boosted mainly by strong performances in pharmaceuticals, cosmetics, and clothing stores. Retailers in pharmaceuticals and personal care goods grew by 7-percent, while textile, clothing, and footwear sales climbed by 3.5-percent Stats SA’s Raquel Floris says general dealers and clothing shops were […]
# Statistieke Suid-Afrika sê kleinhandelverkope het in Maart met 1.5-persent jaar-op-jaar gestyg, hoofsaaklik versterk deur goeie prestasies in farmaseutiese produkte, skoonheidsmiddels en klerewinkels. Kleinhandel in farmaseutiese produkte en persoonlike versorgingsgoedere het met 7-persent gegroei, terwyl tekstiel-, klere- en skoenverkope met 3.5-persent gestyg het. Raquel Floris van Statistieke SA sê algemene handelaars en klerewinkels was die […]
# AfriForum het die minister van Finansies, Enoch Godongwana, se begrotingsrede verwelkom as ‘n stap in die regte rigting en prys besnoeiings aan staatsbesteding. Die groep waarsku egter dat hoë belastingkoerse en onaangepaste belastingkategorieë steeds groei belemmer. Die woordvoerder van AfriForum, Louis Boshoff, sê die opgeblase kabinet en stygende salarisrekening moet aangespreek word. Hy voeg […]
# AfriForum has welcomed the Finance minister Enoch Godongwana’s budget speech as a step in the right direction, praising cuts to government spending. However, the group warns that high tax rates and unadjusted tax brackets continue to hinder growth. Spokesperson Louis Boshoff says the bloated cabinet and rising salary bill must be addressed. He adds […]
# Die jaarlikse Afrika-Kredietgraderingskonferensie in Kaapstad wil binnelandse finansiering deur middel van kredietgraderings ontsluit. Die tweedaagse geleentheid het graderingsontleders, ekonome en beleidmakers bymekaar gebring om die rol te bespreek van kredietgraderings wat langtermynontwikkeling bevorder. Die geleentheid wil Afrika se kredietgraderingsinfrastruktuur verbeter en volhoubare ekonomiese groei bevorder. Belangrike besprekings sluit in deursigtigheid, vooroordeel in internasionale graderings, […]