Budget Day 2009 - sponsored by BoE Private Clients

Tax cuts surprise on upside

Feb 11 2009 18:42

The R13.6bn relief to individual taxpayers announced in the 2009 national budget is more than was expected considering the subdued economic climate, says an economist.

Budget And You

Budget in a nutshell

Feb 11 2009 14:01

Here are the highlights and lowlights from Finance Minister Trevor Manuel's 2009 budget speech.

Budget And Opinion

Nene: 'SA must be realistic'

Feb 11 2009 19:26

Treasury's decision to hike up spending even though tax revenues are set to decline in 2009 has been informed by reality, says Deputy Finance Minister Nhlanhla Nene.

Companies

SAA CEO on 'special leave'

Feb 11 2009 19:15

Loss-making state airline SAA, which will receive another bailout from government, has put its CEO on special leave.

Budget And You

Fuel levy 'will hike food prices'

Feb 11 2009 21:10

The higher fuel levy will have an adverse impact on consumers and business alike, says an industry expert.

Budget And Business

SMEs may score from budget

Feb 11 2009 18:12

Small business may see some benefits from the 2009 budget, provided government spending comes through.

Budget And Economy

'Too little done for savings'

Feb 11 2009 17:53

No decisive moves were made to improve SA's savings rate in the 2009 budget review, something the country needs to reduce its deficits, says an economist.

MANUEL MOST MERCIFUL: Finance Minister Trevor Manuel gives his budget speech at parliament in Cape Town. He has hinted that his thirteenth budget could well be his last. Full story...

Breaking News

Stimulus agreement boosts stocks

Feb 11 2009 23:33

Investors shuttling between optimism and pessimism have placed a few bets that the US economy will improve.

Manuel spends to fight slowdown

Feb 11 2009 22:45

Finance Minster Trevor Manuel has ramped up spending in the 2009 budget and cut taxes to fight the lowest rate of economic growth in more than a decade.

'Burden too big for tax payers'

Feb 11 2009 22:01

It is not sustainable that there are only 5.3m people paying tax, while 13m South Africans are on social welfare, warns an economist.

'Not a political budget'

Feb 11 2009 22:18

This year's budget is not a departure from the conservative fiscal stance that South Africa has long had in place, says Standard Chartered Bank.

Construction firms cheer budget

Feb 11 2009 20:16

Some JSE-listed construction companies have lauded Finance Minister Trevor Manuel's budget speech as "good news" which will add to job creation.

Shock over big fuel levy hike

Feb 11 2009 17:34

There has been outrage over the largest-ever increase in the fuel levy, announced in the national budget.

Manuel 'hints' at leaving

Feb 11 2009 16:14

Finance Minister Trevor Manuel has given a striking hint that his thirteenth budget could well be his last.

Mines welcome royalty respite

Feb 11 2009 19:26

Mining companies have embraced Finance Minister Trevor Manuel's decision to push out the implementation of royalty legislation.

Columnist

Warwick Lucas

Lifting the lid on futures

Warwick Lucas examines the fallout from failed single-stock futures transactions and looks at whether there's more to come.

More columns...

Inside Fin24.com

Relief for mining sector

Besieged local mines won't have to deal with the mining royalties regime this year.

Over 20 000 tips for Trevor

The "dysfunctional" Sars call centre, anti-retroviral treatment and tax on whiskey feature.

Booysen: Big risks remain

SA could easily enter a phase of negative growth, Absa's outgoing CEO has warned.

Stimulus - will market rise?

Joe Meyer takes a look at what the charts say about the US economic stimulus package.

Tales of woe at Mining Indaba

The mining sector has been hit by more retrenchments and discontinued operations.

'Don't sell SA homes, Caprice!'

Caprice shouldn't get her bikini in a twist over the property market, says an expert.

International

Agreement on US stimulus plan

Feb 11 2009 22:10

US politicians have reached agreement on an economic stimulus bill which should create 3.5m jobs.

Business

Absa: Govt must save BEE mines

Feb 11 2009 07:38

Banks can't afford to support BEE deals in the mining industry any longer, says Absa.

Companies

Mittal expects decline

Feb 11 2009 12:39

Steel giant Arcelor Mittal expects a "substantial" decline in the first three months of 2009 as the economy lags.

Economy

Zim welcomes idea of rand link

Feb 11 2009 20:51

Zimbabwe's central bank governor has welcomed the idea of adopting the rand as an anchor for the virtually worthless Zimbabwean dollar.

Investing

Investing for your children

Feb 08 2009 23:38

How to start saving for your children's future.

My Business

Outsourcing gains ground

Feb 09 2009 17:23

Outsourcing is becoming increasingly attractive to companies looking for improved operational efficiency.

Comment & Analysis

Greta Steyn

Company Snapshot

Blogs

Podcasts

Video

Vote

Q: Are you satisfied with the way Trevor Manuel has allocated funds in the budget speech?

		Yes, the cut in personal tax is a welcome relief.	62%
		No, he could've allocated more to social spending instead of bailing out SAA.	19%
		It's what I've come to expect.	19%