A cautious helping hand

Friday, February 13, 2009 - 15:38
Finance Minister Trevor Manuel's 2009 budget outlined cautious plans to aid some of South Africa's struggling business sectors
Finance Minister Trevor Manuel's 2009 budget outlined cautious plans to aid some of South Africa's struggling business sectors, namely mining and the motor industry, in the face of growing economic turmoil.

In his budget speech the minister highlighted a R1,8-billion "boost", for the local mining industry through the deferring of government's mining royalties regime, from this year to 2010.

To read the full article, click here.

Source: 
Mail and Guardian

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