Additional allocations for HIV and Aids have been made in the 2013/14 Budget to offset decreased funding from the United States, it was revealed.
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Smokers and drinkers will have to cough and splutter up more for their vices, according to the latest budget proposals.
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THOUGH the state has allocated many millions of rands to enterprise development and raised the tax threshold, more still needs to be done to grow small businesses.
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Finance Minister Pravin Gordhan stressed that mining was a cornerstone of the South African economy, and refused to comment on the rumoured increase in mining taxes.
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Individuals will benefit from R7 billion in personal income tax relief, together with adjustments to the medical tax credit and other monetary thresholds amounting to about R350 million, Finance Minister Pravin Gordhan announced.
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The budget allocation for the police will prioritise basic crime fighting in coming years, Finance Minister Pravin Gordhan said.
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It is unlikely that tax will be increased in the medium term to fund the National Health Insurance (NHI) scheme, Finance Minister Pravin Gordhan said.
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Government is aiming to create 3.7 million jobs in the next phase of its Expanded Public Works Programme.
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As expected, education will receive the biggest slice of this year's budgetary pie.
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The money will be used on infrastructure to ensure 645,000 households are connected to the electricity grid over this period.
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The Passenger Rail Agency of South Africa will get roughly R5 billion over the next three years to fund plans to renew its fleet.
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Over 400,000 additional low-income houses will be built by 2016, according to the 2013/14 Budget documents tabled in the National Assembly.
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Employer contributions to employee retirement funds will be treated as a taxable fringe benefit in the hands of the employee from March next year, Finance Minister Pravin Gordhan announced.
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The department will support these farmers through conditional grants such as the comprehensive agricultural support programme, the Landcare programme and the Ilima/Letsema programme.
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Tax incentives to employ young people and for people employed in the special economic zones (SEZs) are on the cards.
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Of this, R48.8 billion is for district, R26.4 billion for provincial, and R18.9 billion for central health services.
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NEDBANK has launched an online tool that aims to create brand loyalty from an early age while teaching children to budget.
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A locally-developed internet application has won an international award in Florida.
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A SURVEY has found that retirement funds expect only 13.4% of their members to retire comfortably.
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ESKOM chief executive Brian Dames has called for more investment and skilled personnel in the energy and water sectors, in a bid to grow African economies.
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SOUTH African Airways will take delivery of 20 Airbus A320s valued at R10-billion starting in the next quarter, Public Enterprises Minister Malusi Gigaba said yesterday.
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European culture ministers from Germany, France and 12 other member nations have called for the audiovisual sector to be exempted from negotiations for an EU-US free trade deal.
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Stones have been lobbed at Numsa's head office in Newtown, Johannesburg, breaking six windows and damaging a sign, police said.
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Unemployment in South Africa is a ticking bomb, Cosatu boss Zwelinzima Vavi told the Sunday Times.
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The Wall Street Journal is reporting that U.S. government regulators are investigating allegations that some of Microsoft's partners resorted to bribery to help sell software in China, Romania and Italy.
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Central University of Technology, Free State (CUT) is the first higher education institution to award an Honorary Doctorate in Business Administration to Dr Herman Samtseu Philip Mashaba, Founder of Black Like Me.
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THE proposed plan to introduce an industry code by the Franchising Association of South Africa (Fasa) will not clash with the Consumer Protection Act but support it, says the lawyer who is drafting it.
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Mining operations at Lonmin's platinum mine in Rustenburg, in North West, were suspended on Tuesday, the company said.
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The SA Revenue Service (Sars) has been granted permission to seize five properties belonging to Shauwn and Sbu Mpisane.
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The United Democratic Movement is shocked by Minister Susan Shabangu's controversial decision to support Anglo American Platinum (Amplats) in its bid to retrench 6000 workers.
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Abandoned mines in Roodepoort, on the West Rand, are being closed in an attempt to end illegal mining, the Hawks said.
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The South African tourism Indaba should expand its platform by attracting even more exhibitors and buyers from the African continent, Tourism Minister Marthinus Van Schalkwyk said on Sunday.
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US automaker Ford said Tuesday that it would pay at least $750 million to hourly workers being let go as it closes its plant in Genk, Belgium, after reaching an agreement with unions.
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"In South Africa, we have progressive legislation in the form of the National Credit Act (NCA), which protects credit consumers," NDMA CEO Magauta Mphahlele said in a statement.
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With auto sales in Europe stalled, Fiat is pushing Chrysler to boost production at key US plants over the opposition of blue-collar workers who don't like the new work schedules.
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The finalists in the inaugural "SA Premier Business Awards" - the country's top business awards - have been announced this morning.
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