SA economy

SA Economy Grows Stronger

Finance Minster Pravin Gordhan has said South Africa’s economy would survive the “political noise” after the ANC stopped short of voting out President Jacob Zuma in a national executive committee meeting this week.

Briefing media ahead of the annual World Economic Forum (WEF) meeting in Davos in January, Gordhan said that political turmoil was not unique to South Africa.

“Political uncertainty is the new normal in the world – the question is how we deal with it. Ours, relatively speaking, is minor compared to the world trends that are developing,” he said.

Top Five Challenges Facing Gordhan

Finance minister Pravin Gordhan faces what could be his most difficult budget speech to date as he seeks to stimulate the economy while containing expenditure, according to Global Credit Ratings (GCR) CEO, Marc Joffe.
The minister is expected to present the Medium Term Budget Policy Statement (MTBPS) to Parliament on 26 October.

Budget In A Nutshell: Gordhan Consolidates in Difficult Period

South Africa is in a difficult economic transitional phase and consolidation and balance will be the key words regarding government finances over the next three years. That was the core message Finance Minister Pravin Gordhan had for South Africans when he tabled his medium-term budget policy statement in Parliament.

R17bn over 3 years needed to fund higher education - Gordhan

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