Middle-class the biggest losers
The South African middle-class are the biggest losers in this year's Budget, trade union Solidarity said following Finance Minister Pravin Gordhan's speech in Parliament.
The South African middle-class are the biggest losers in this year's Budget, trade union Solidarity said following Finance Minister Pravin Gordhan's speech in Parliament.
Certain conditions peculiar to SA contributed to high banking fees, said the banks.
Finance Minister Pravin Gordhan has announced personal tax cuts - how much will you save?
Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's 2012/13 Budget.
Work out how much you will have to cough up for your sins in 2012 after the Budget Speech.
Gordhan says the Budget Review lists 43 infrastructure projects, adding up to R3.2-trillion in spending.
Smokers will have to fork out more for a packet of 20 cigarettes, the Finance Minister announced.
Major changes to the taxation of retirement contributions will be implemented from 1 March 2014. 
The Finance Minister said that state-owned arms company Denel will receive a R700-million injection.
Gauteng freeway tolling will be introduced in April at lower tariffs, Minister Pravin Gordhan said.
Finance Minister Pravin Gordhan revealed tax-relieving good news for small business owners.
A R5.8-billion appropriation has been included in the budget to ease the toll burden in Gauteng.
The general fuel levy will increase by 20 cents a litre of petrol and diesel from April 4.
Minister Pravin Gordhan has called for sweeping changes to be made in the way provinces are run.
The labour department is set to establish provident funds for domestic and farm workers.
The number of South Africans receiving social grants will swell to 16.7 million in the next three years.
More university graduates in scarce-skill areas is the higher education's budget focus. 
Incentive schemes will take 60 percent of trade and industry's budget, according to budget papers.
There was little for the elderly and the disabled to cheer about in the Finance Minister Budget speech.
The department of agriculture will send funds to farmer support plans, National Treasury said.
The Finance minister was urged to tax the rich to give people land and provide jobs.
The Democratic Nursing Organisation of SA welcomed the allocation of additional funding to health.
The South African middle class are the biggest losers in this year's Budget, said Solidarity.Certain conditions peculiar to SA contributed to high banking fees, said the banks.Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's 2012/13 Budget.
The money allocated for infrastructure and growth in the Budget is not good enough, the DA said.
FFP leader Pieter Mulder welcomed the announcement of plans aimed at encouraging the public to save.
