Pravin Gordhan

Carry trade behind volatile rand - Gordhan

Business Report (Free subscription) | 11/20/2009

South Africa's Finance Minister Pravin Gordhan blamed the carry trade for the rand currency's recent volatility in remarks broadcast on national radio.

Gordhan Tells Artists Not to Rely On State to Bail Out Sector

All Africa (Free subscription) | 11/18/2009

FINANCE Minister Pravin Gordhan told representatives of SA's creative industry yesterday not to rely on the government to bail out the struggling sector, saying the state had less money to spend because of the recession.

J Zuma on meeting with artists and cultural workers

New Government Speeches (Free subscription) | 11/17/2009

President Jacob Zuma meets artists and cultural workers 17 November 2009 President Jacob Zuma today Tuesday, 17 November 2009, met with around 500 representatives of the South African cultural industry in Sandton, Johannesburg. The President was joined by a number of ministers from relevant departments, including Minister of Arts and Culture Lulu Xingwana, Ministers in the Presidency Collins Chabane...

Finance minister says inflation targeting stays

Business Report (Free subscription) | 11/13/2009

South Africa's inflation targeting guidelines will remain the framework of monetary policy, Finance Minister Pravin Gordhan said.

Gordhan urges MPs: join anti-corruption fight

IOL (Free subscription) | 11/13/2009

Finance minister Pravin Gordhan says he wants all 400 MPs in Parliament to sign "a collective commitment" to fight corruption.

Zuma downsizes salary hikes

IOL (Free subscription) | 11/13/2009

President Jacob Zuma has heeded the concerns of his finance minister, Pravin Gordhan.

Eyebrows Raised As Sars Loses Yet Another ' Shining Star'

All Africa (Free subscription) | 11/11/2009

THE South African Revenue Service (SARS) has lost two of its "shining stars" in one year -- first its commissioner, Pravin Gordhan, became minister of finance, and now Edward Kieswetter is to join financial services group Alexander Forbes.

Justice Malala on Government Spending In South Africa

Booker Rising (Free subscription) | 11/06/2009

The South African center-right journalist opines that African National Congress leaders will ignore the finance minister's plan to restrain the country's out-of-control government spending : "I know FM [ Financial Mail ] readers are pleased with finance minister Pravin Gordhan's budget policy framework [to reduce government spending and bring the budget deficit - which is 7.6% of GDP - under control...

Charting Course of Exchange Controls Reform

All Africa (Free subscription) | 11/04/2009

FINANCE Minister Pravin Gordhan announced the relaxation of exchange controls last week, confirming the shift in policy from an ineffective control approach to a risk-management approach.

Behind the Paradigm Shift in Exchange Controls

All Africa (Free subscription) | 11/03/2009

IT's taking the market a while to figure out the effects of the exchange control reforms that Finance Minister Pravin Gordhan unexpectedly announced last week, and that's partly because many of them seem so obscure and the language used is sometimes so mystifying.

Arrest Warrant Issued for Alleged S. African Ponzi Schemer

War On You (Free subscription) | 11/03/2009

Arrest Warrant Issued for Alleged S. African Ponzi Schemer November 1, 2009 Sydney, Australia JTA Wire Service An arrest warrant was issued for a Jewish South African businessman who is alleged to have duped investors in a Ponzi scheme. Barry Tannenbaum is alleged to have defrauded investors out of $1.61 billion. Finance Minister Pravin Gordhan said in parliament in Cape Town [...]

• Arrest Warrant Issued for Alleged S. African Ponzi Schemer - What Really happened

South Africa: The Thick End of the Wedge - The Editor's Notebook

All Africa (Free subscription) | 11/02/2009

IT WAS, I'm almost certain, Finance Minister Pravin Gordhan who warned us shortly after his medium-term budget speech last week that taxes might have to rise if the government couldn't get economic growth to the levels where it would begin to pay off the debt he is about to get us into.

South Africa: Political Poker At Expense of Treasury

All Africa (Free subscription) | 11/02/2009

PRESIDENT Jacob Zuma committed an unforgivable sin last week. He failed to give Finance Minister Pravin Gordhan the political backing he needs and deserves.

South Africa: Technical Preview - The Weaker Rand Could Be an Energiser

All Africa (Free subscription) | 11/02/2009

WELL before Finance Minister Pravin Gordhan announced forex cuts, the rand began losing ground against leading currencies. In 15 working days it has lost 8,22% against the dollar.

New Farmers Want Funding Overhaul

All Africa (Free subscription) | 11/02/2009

BLACK farming groups are calling for a major overhaul of the way their sector is funded, after Finance Minister Pravin Gordhan announced last week that the first R1bn tranche of the Land Bank's R3, 5bn recapitalisation would be released in this financial year.