n Personal Finance Newsletter - A carefully-crafted budget : budget 2016
|Article Title||A carefully-crafted budget : budget 2016|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Author||Ryk Van Niekerk|
|Publication Date||Mar 2016|
|Pages||9 - 10|
DESPITE THE absence of the dramatic announcements that many had hoped for, Finance Minister Pravin Gordhan presented a subdued but carefully-crafted Budget in Parliament on 24 February 2016. It was engineered to ensure that the cumulative impact of several calculated amendments would be enough to improve South Africa's fiscal position without the need for aggressive tax hikes.
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