Category Archives: National Budget

VF+

Gerugte rondom Gordhan se inhegtenisneming slaan ekonomiese reeds hard

Die woelinge rondom Suid-Afrika se minister van finansies, Pravin Gordhan, is soos om met vuurhoutjies in ʼn droë bos te speel. As die bos begin brand, gaan geen boom gespaar bly nie, sê dr. Pieter Mulder, leier van die VF Plus. Dr. Mulder sê luidens media-berigte en beweerde uitlatings van Gordhan self, blyk dit dat die minister nou duidelik ʼn streep in die sand getrek het en bereid is om te veg om die land se staatshulpbronne te red. “Die land kan nie bekostig dat…

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IFP

IFP Comments on Budget Speech 2016

“The IFP welcomes the budget that was presented by the minister of finance today, given the current fiscal constraints, and the parameters he within which has to work, we think he did a pretty good job of ensuring invested confidence, making sure that on the revenue side the taxpayer will not be unnecessarily burdened with an increase in personal income and corporate taxes. The taxes that would contribute to the fiscus to make up the loss is largely taxes called Sin Taxes, custom excise duty…

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VF Plus-reaksie op Begroting: “Terug na basiese ekonomiese grondwaarhede”

Die minister van finansies se begroting kan as ʼn “terug na basiese ekonomiese grondwaarhede” beskryf word. Die minister het fiskale dissipline beklemtoon met die voorneme om miljarde te bespaar deur beter beheer oor staatsaankope en deur besparing. Dit is stappe in die regte rigting. Die maatreëls rondom staatsbeheerde entiteite word ook verwelkom as stappe in die regte rigting. Hoewel hy dit nie as privatisering wil beskryf nie, stel hy vennootskappe met die privaatsektor, rasionalisering en die uitfasering van sommige entiteite voor wat as besliste stappe…

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IFP

Budget 2016: A Shareholders Report to South Africa Inc.

The President of the Republic is akin to being the Chairperson of South Africa Incorporated, with ministers appointed to sit on a board; they serve 5 years tenure with the people of South Africa as shareholders. Accounting for every fiscal cent spent should be clearly articulated and transparent so that the shareholders are cognisant of the performance of their investments. Remember every cent spent by government is at the courtesy of the tax paying shareholder. Every year the shareholders of South Africa are presented with…

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VF+

VF+-reaksie: Mediumtermyn-begrotingsraamwerk

Ten einde sakevertroue te herstel en ekonomiese groei te stimuleer het Suid-Afrika spesiale maatreëls nodig om ons uit die huidige ekonomiese krisis te kry. Sakelui sit met miljarde rande wat hulle in Suid-Afrika wil belê, maar tans terughou omdat die klimaat nie gunstig daarvoor is nie. Mnr. Nene, Minister van Finansies, se toespraak was egter besigheid soos altyd sonder enige verbeeldingryke voorstelle om die ekonomie te stimuleer of hierdie sakelui aan te moedig om te belê. Die minister se poging om beleggingsekerheid te skep, is…

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IFP

MTBPS 2015: Government must reduce spending

The Inkatha Freedom Party expects the Minister of Finance, Hon. Nhlanhla Nene, to announce measures to reign in government spending during his Medium Term Budget Policy Statement to be delivered tomorrow as means of hedging against a greater risk of less than forecasted tax receipts driven primarily by lower than expected economic growth during 2015. Inkatha Freedom Party spokesperson on Finance, Ms Sibongile Nkomo, MP, said,” The Minister has the unenviable task of navigating a myriad of challenging factors whilst trying to meet budget deficit…

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VF+

Voorskou: Mediumtermyn-begrotingsraamwerk

Die VF Plus verwag totale eerlikheid oor Suid-Afrika se huidige ekonomiese krisis more van minister Nene, minister van finansies. Enige pogings om die huidige swak ekonomiese situasie met polities korrekte praatjies te verdoesel, sal die alarms by die internasionale kredietgraderingsagentskappe laat afgaan. Waar die minister in Februarie 2015 ‘n 2% ekonomiese groeikoers voorspel het, is dit nou nader aan 1,3%. Dit het ingrypende implikasies vir die voorspelde inkomste van die staat uit belasting. Om die boeke te laat klop kan die minister belastings verhoog of…

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ANC-regering se groeiende skuldlas stuur SA se ekonomie op die Griekeland-roete

Suid-Afrika moet met groot erns ter harte neem wat met die Griekse ekonomie gebeur het aangesien sy eie skuldlas en teen-produktiewe groeiplanne die land soos ʼn Titanic op ʼn ysberg van ekonomiese ineenstorting afstuur, sê adv. Anton Alberts, die VF Plus se parlementêre woordvoerder vir ekonomie. Adv. Alberts sê Suid-Afrika se ekonomie beleef nuwe en kommerwekkende laagtepunte met ʼn vinnig groeiende skuldlas terwyl daar geen sprake van koersverandering is met die ANC in beheer van die ekonomie nie. Die jongste verbruikersvertroue-indeks van FNB en die…

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CDP

CDP reaction to budget speech

“Minister Nene’s budget speech has all the ingredients of an election speech which was designed to please the majority of voters,” says Christian Democratic Party CDP) leader, Rev. Theunis Botha. “The focus falls heavily on welfare allowances and education. “With the fuel levy hikes touching one rand per litre, we are extremely concerned as to what may happen should the international oil price be increased to previously high or even higher levels. This will effect a large portion of the work force, many of whom…

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VF+

VF Plus-reaksie op Begroting 2015/16

Dit is ’n hartseer dag as die regering dit nodig ag om vir die eerste keer in twintig jaar die persoonlike belasting met een persentasiepunt te verhoog. Dit beteken dat die regering deur die resessie tydperk en deur ander terugslae daarin geslaag het om met ander metodes die boeke te laat klop, maar nou nie meer daartoe in staat is nie. As die belasting dan moes verhoog, sou die VF Plus verkies het dat BTW met 1% verhoog. So ‘n verhoging sou R18 tot R20…

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Moord op vroue in Suid-Afrika bereik ongekende hoogtes

Verwagtinge mediumtermyn-begrotingsrede

Minister Nhlanhla Nene, minister van Finansies, se beweegruimte in more se mediumtermyn-begrotingsrede is uiters beperk. Tussen al die finansiële eise op die staatskas deur sal die minister moet aantoon dat die regering die erns van Suid-Afrika se huidige finansiële krisis verstaan en bereid is om drastiese stappe te neem om dit te verbeter. Dit moet onder meer die ernstige inkorting van staatsuitgawes en weerstand teen onredelike vakbondeise behels. Eenvoudige somme dui aan dat die staat se uitgawes steeds ver bo die inflasiekoers groei terwyl die…

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SA condemns deadly terrorist attacks in Kenya

SA – National Heritage Month

Democracy is a much yearned for and sought after system of governance. As a system where the popular will of the people is superior to the will of individuals, democracy represents the Elysium of multitudes of people around the world. Democracy and its actors are seen to bring policies and frameworks that will safeguard a well-run, productive, efficient and competitive state. One of the most well-known democratic systems is that of ancient Greece. A democratic system in the Greece of 5th century BC was comprised…

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CDP

CDP questions financial aid to Palestinians

CDP questions financial aid to Palestinians “If South Africa did not have a serious shortfall in providing for the needs of its own people, the CDP would not have objected to providing humanitarian aid anywhere else in the world.” says Rev. Theunis Botha leader of the Christian Democratic Party (CDP). “But taking more than R10 million out of the South African taxpayers’ pockets to provide for the Palestinians does not make sense. Hamas is heavily funded by Iran, oil rich Arab families, as well as…

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VF+

Toespraak in die begrotingsdebat oor Sport, Kuns, Kultuur en Ontspanning in die Vrystaatse Wetgewer

Toespraak in die begrotingsdebat oor Sport, Kuns, Kultuur en Ontspanning in die Vrystaatse Wetgewer Sport het ‘n kuns geword en kuns het ‘n kultuur geword. Sport is vandag oor die hele wêreld heen besig om ‘n allesoorheersende faktor te word. Sport is ‘n ekonomiese funksie wat oordeelkundig bestuur moet word om sodoende die potensiaal te ontgin en ekonomiese groei te bewerkstellig en maatskaplike opheffing te weeg te bring. Die kunste het net soveel ekonomiese en maatskaplike potensiaal wat ontgin kan word. Kunstefeeste het ‘n mode…

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National government spending breaks the R1 trillion mark

National government spending breaks the R1 trillion mark

National government spending breaks the R1 trillion mark The South African national government expenditure surpassed R1 trillion in the 2012/13 fiscal year, almost double the R567 billion spent in 2007/08. This was a finding from Stats SA’s Financial Statistics of National Government report, an annual release containing details of national government spending. Exploring expenditure trends over the last six years, the report shows that the increase in expenditure was mostly driven by increased allocations from national government to provincial governments. This increased from about R298…

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