Yesterday was Pravin Gordan’s first budget as Finance Minister , facing a task task given the recession and challenges the country is facing we thought we would see what other bloggers are saying about Pravin Gordan’s budget:

The budget of a nation resigned to failure | The Wild Frontier

Gordhan pointed out in his speech that South Africa needs to compete with other economies if it is to grow, but his budget seems to prepare us for failure. Gordhan is confident that government is putting in place an industrial policy …

Budget speech: Pravin Gordhan on corruption | The Wild Frontier

From Pravin Gordhan’s budget speech, 17 February 2010 Measures to combat fraud and corruption A major site of both wastage and inefficiency is in our. … I am Ray Hartley, the editor of The Times, South Africa, a daily newspaper which was launched in June 2007 under the Sunday Times umbrella. I’m also the editor of Times LIVE. …

Gordhan Budget Speech: Education Budget gets R17bn Hike | My Cape Town

Delivering his maiden Budget Speech in the National Assembly, Gordhan said while government spending needed to be kept in check, education remained the number one priority in the country’s fiscus. The R2.7 billion funding is expected to assist … These include findings that South Africa’s numeracy and literacy levels for school children were unacceptably low despite a high level of spending in education over the past 15 years. Challenges within the system include poor …

SA aims to raise youth employment with wage subsidy

Furthermore, our bargaining arrangements push up entry-level wages, pricing out inexperienced work seekers,” Finance Minister Pravin Gordhan commented in his 2010/11 Budget speech. To that end, the Department of Labour was undertaking …

R17bn Budget hike for education – SouthAfrica.info

Education continues to receive the lion’s share of South Africa’s Budget, with Finance Minister Pravin Gordhan announcing an allocation of R165-billion to the Basic Education and Higher Education departments for 2010/11 – an increase of more than R17. … Delivering his maiden Budget speech in Parliament, Cape Town on Wednesday, Gordhan said that while government spending needed to be kept in check, education remained the number one priority in the country’s fiscus. …

By all accounts an uneventful budget speech with speech with nothing earth shattering , but that is exactly what the markets needed. However the challenges facing the Government are great and unless they are able to address these challenges Pravin Gordan will face even more challenging budgets in future years.

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