Junk tax vs junk status!

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Junk tax vs junk status!

29.02.2016 06:40

The National Budget Speech was one of the most eagerly anticipated in decades. With the recent widespread downward revisions to the economic growth outlook, the government had to focus its attention on trying to avoid the looming prospect of a sovereign rating downgrade to sub-investment grade. The economy is expected to grow by 0.9% in 2016, down from 1.3% last...

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Putting the bottom back!

23.02.2016 06:30

This coming week Finance Minister Pravin Gordhan needs to step up to the plate in what is probably deemed the most crucial budget speeches in history. His duty will be to show that government is serious about reforming and cutting down on spending. The question is whether he has enough fiscal flexibility to prevent the credit rating agencies from cutting...

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