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Gordhan dumps youth wage subsidy in favour of a tax incentive

Gordhan dumps youth wage subsidy in favour of a tax incentive

South Africa

27 Feb 2013
Cape Town – The Minister of Finance Pravin Gordhan today proposed an employment tax incentive for young, first-time workers, which will use a new graduated

Budget Speech: Over R133 billion for health

Budget Speech: Over R133 billion for health

South Africa


 Cape Town – With the National Health Insurance (NHI) pilot programmes already being rolled out in some of the country’s major cities, government says the

Municipalities to be given the role of building RDPs and roads

Municipalities to be given the role of building RDPs and roads

Politics, South Africa

25 Oct 2012
Cape Town – Building new low-cost houses and rolling out public transport would be devolved to municipalities and greater technical support will be provided in

 
“World Bank appointment processes not transparent” – Gordhan

“World Bank appointment processes not transparent” – Gordhan

World

17 Apr 2012
Johannesburg – As directors of the World Bank are set to meet later today to make a decision on who the body’s next president will

There are “inadequecies” in rating agencies like Moody’s- Gordhan

There are “inadequecies” in rating agencies like Moody’s- Gordhan

South Africa, World

02 Mar 2012
Midrand – South Africa disagrees with rating agency Moody’s downgrade of South African financial institutions, says Finance Minister Pravin Gordhan. “We disagree with the assessment.

Gordhan re-appoints financial services council

Gordhan re-appoints financial services council

South Africa

27 Feb 2012
Pretoria – Finance Minister Pravin Gordhan has asked the Financial Services Ombud Schemes (FSOS) Council to ensure that it operates efficiently and effectively, and that

 
Gordhan announces medical-aid tax relief

Gordhan announces medical-aid tax relief

South Africa

22 Feb 2012
Cape Town – The Minister of Finance Pravin Gordhan today announced the introduction of a tax credit on medical aid contributions. While revealing that R9.5

S.Africa increases “sin” taxes

S.Africa increases “sin” taxes

South Africa


Cape Town – The next time you visit your favourite watering hole – be prepared to spend a little more on a glass of beer,

Gordhan increase capital gains tax to 33.3%

Gordhan increase capital gains tax to 33.3%

South Africa


Cape Town – Capital gains tax (CGT) for individuals and special trusts will be increased from 1 March- from 25% to 33.3%, while that for

 
Gordhan allocates R121bn to health, 1bn to NHI

Gordhan allocates R121bn to health, 1bn to NHI

South Africa


Cape Town – Government has moved one step further towards the establishment of the massive National Health Insurance scheme for South Africa, with Finance Minister

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