Tags Nhlanhla Nene

Tag: Nhlanhla Nene

South Africa’s medium-term budget 2015 in numbers

Finance Minister Nhalnhla Nene said government's reduction in spending since 2013 is starting to bear fruit with less money going to consultants and caterers. It has freed up funds that is now being allocated to more important areas such as basic education and health. Here are the numbers that show government is spending in the right places.

MTBPS 2015: Nene 'cost cutting reduces government consumption'

MTBPS 2015: Nene ‘cost cutting reduces government consumption’

Finance Minister Nene says cost containment measures implemented in 2013 have led to a drop in state consumption, and the Treasury has proposed a rise in spending in the long term to sustain debt levels in rough economic times, including a R200-million investment in energy.

The full speech: South Africa’s Medium Term Budget Policy Statement 2015

Finance Minister Nhlanhla Nene introduced the National Treasury's Medium Term Budget Policy Statement to a joint sitting of Parliament on Wednesday 21 October. Read and download the speech here.

South African government launches online Central Supplier Database

Doing business with the government is now quicker and the process smoother, thanks to the Central Supplier Database. Launched by the minister of finance, companies wanting to work with the state are urged to register on it. There are several benefits to being listed on the database.

Budget 2015: in numbers

Finance minister Nhlanhla Nene’s budget speech has received mixed reactions. While income tax is being raised for the first time in 20 years, small to medium sized businesses set to benefit by the doubling of the turnover tax threshold. This summary of the budget shows how Nene’s changes will affect your pocket.

Watch: South Africa’s 2015 Budget

On Wednesday 25 February Minister of Finance Nhlanhla Nene delivered his first national Budget, one of the most critical and challenging of South Africa's democratic history. Watch the full address here.

Nene walks a tightrope

The budget will be a balancing act. Reining in spending and raising taxes will usher in a few years of pain – not very heavy pain, but unavoidable pain – and the finance minister will need to find a way to spread it among as many groups as possible without causing anger or resentment.

South Africa’s place in the centre of the world

As Team South Africa returns from the World Economic Forum in Davos, Minister of Finance Nhlanhla Nene reflects on the common challenges faced by different countries across the globe - including ours - and reports back on the message communicated to the forum about the South African success story.

Growth is key message for South Africa at Davos

Growth is key message for South Africa at Davos

South Africa's efforts to support growth in Africa through regional integration and direct investment is one of the key messages the country will take to the annual World Economic Forum's meeting, which begins in Davos on 21 January.

‘Share the burden to change South Africans’ lives’

Nhlanhla Nene, South Africa's minister of finance, writes that achieving the three objectives of his recent policy statement – slowing government debt, improving its services, and speeding up economic growth – requires government, business, civil society and the people of the country to work together.

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