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Budget preview – balancing act between raising revenues and maintaining growth

14 February 2017 | Budget 2017

During the Medium Term Budget Policy Statement, Finance Minister Pravin Gordhan paved the way for significant fiscal consolidation in the coming financial year. In total, National Treasury proposed that spending be cut by R20 billion and taxes raised by R28 billion, amounting to a R48 billion contraction in the 2017/2018 fiscal budget.

BankservAfrica’s transactional results reflect stronger 2017 start

13 February 2017 | General

Latest BETI findings show that although SA economy is ‘not out of the woods’, there is reason to be optimistic this year.

The economics of #SONA2017

13 February 2017 | General

President Jacob Zuma delivered his State of the Nation (SONA) 2017 address on the evening of February 9th. While optimistic about economic growth reaching 1.3% this year from 0.5% in 2016, he acknowledged that the South African economy “is still not growing fast enough” to create the jobs needed to reduce poverty, inequality and unemployment.

State of the Nation Address – government’s agenda for 2017

10 February 2017 | General

Elevated policy uncertainty has increased market awareness around the State of the Nation Address (SONA) – an annual report on the state of the country’s affairs, progress on government’s priorities and an outline of government’s agenda for the coming year.

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