Market Indicators
Ambitious plan to reduce toll fees announced in Budget (With Audio)
The government will provide the SA National Roads Authority (SANRAL) with R5.8 billion to reduce its debt, so that the toll fees on the Gauteng Freeway Improvement Project highways could be reduced to 30c/km for light vehicles from the original envisaged 66c/km, Finance Minister Pravin Gordhan said on Wednesday.
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LATEST MULTIMEDIA
Two major suprises in the Budget
While many people thought that the 2012 Budget would be a predictable affair Johan van der Walt, a Tax Director at Cliffe Dekker Hofmeyr believes that two suprises emerged from it that will shock SA citizens, particularly middle income earners. Van der Walt spoke to BusinessLIVE and revealed what the two suprises were.
Markets & Economy
SA 2012 GDP revised to just 2.7%
The 2012 February Budget Review, released on Wednesday, has revised Gross Domestic Product (GDP) growth lower and consumer inflation higher this year relative to the February 2011 Budget Review.
SA will achieve primary balance surplus in 2014/15
The Treasury on Wednesday unveiled a new format for the consolidated government account that enables one to easily establish the primary balance which will be in surplus of 0.3% of gross domestic product (GDP) in 2014/15 from a deficit of 1.9% in 2012/13.
Boardroom Basics
Prof Piet Naudé
SA Budget or corruption Budget?
The Budget that is presented this week must be seen from the perspective of the implicit contract between the state and its subjects.2 Comments
The Power Report
Megan Power
Cell C fails to get service message
Even disregarding Trevor Noah, matters have gone far beyond a joke.
ABIL issues US$350m of senior unsecured bonds
World News
Africa News
New Somalia fund will seek to cement security gains
A London conference on Somalia this week will launch an international "rapid response" fund to help set up schools, hospitals, police and courts in areas recently wrested from the control of Islamist militants.
Algeria to allow foreign NGOs to monitor vote
Election observers from US non-governmental organisations the Carter Center and the National Democratic Institute will for the first time be able to monitor a parliamentary election in Algeria later this year, the interior minister has said.More Africa news
Multimedia
The Budget: NHI and tolling
Find out what was said in the Budget about the controversial topics of National Health Insurance and the new tolling system.
The general fuel levy is going up by 20 cents from April 4 and the Road Accident Fund levy by 8 cents, while toll roads are coming at 30c/km on April 30. Is it too much?
Second Opinion
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Book Review: 50 People Who Stuffed Up South Africa
From that sporting hero who fell from grace, to the unearthed shady dealings by some senior politicians, this book goes that extra mile to shed light onto the characters behind events that have both shaped and influenced our country and society into what it is today.Follow us on...
Market Indicators
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22 Feb
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Europe woes drag world markets, JSE down |
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22 Feb
16:20
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Budget Speech has little effect on rand |
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22 Feb
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Fuel levy increase leads bonds weaker |
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20 Feb
15:24
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Maize futures a end tad lower |
And then some!'