South African Finance Minister Trevor Manuel

Budget: SA 'stays the course'

Despite a 0.5% drop in projected GDP growth for 2008/09, Finance Minister Trevor Manuel has once more unveiled a "sunny" Budget for South Africa, announcing another surplus, lowered taxes and increased spending as the government moves to tackle skills and infrastructure constraints.

Non-compliant listed companies targeted

The South African government is to embark on a drive within the next few weeks to ensure that companies listed on the JSE comply fully with employment equity legislation, with the offenders being taken to the Labour Court.

'Business unusual' for SA: Mbeki

It's business unusual, says President Thabo Mbeki, as the government prepares to ramp up its programmes to improve the lives of South Africans "sooner rather than later" - not by changing its policies, but by implementing them in imaginative, more effective ways.

SA economy 'above average free'

South Africa's economy is 63% free, according to the latest Index of Economic Freedom from the Washington-based Heritage Foundation and the Wall Street Journal. The country was ranked 57th out of 157 countries worldwide and fourth out of 40 in sub-Saharan Africa.

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BUDGET 2008/09

Trevor Manuel

South Africa 'stays the course'

Despite a 0.5% drop in projected GDP growth for 2008/09, Finance Minister Trevor Manuel unveiled a "sunny" Budget for South Africa, announcing another surplus, tax cuts and increased spending to tackle skills and infrastructure constraints.

More:

Black economic empowerment

Black economic empowerment

Overview, codes and charters, initiatives, news and links.

National Treasury

South African Treasury

The National Treasury seeks to advance economic growth and job creation through appropriate macro-economic, fiscal and financial policies.

SA Reserve Bank

SA Reserve Bank

South Africa's central bank enjoys considerable autonomy, while working closely with the Treasury to formulate monetary policy.