iol budget 2012 pylon

Nene gives Eskom R20bn

The government is to inject R20-billion cash into Eskom, Finance Minister Nhlanhla Nene says.

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IOL Nhlanhla Nene budget 2
INDEPENDENT MEDIA

Nene announces spending cuts

Finance Minister Nhlanhla Nene has announced measures to contain expenditure and narrow the budget deficit.

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IOL Nhlanhla Nene budget 3
INDEPENDENT MEDIA

Nene: It’s not austerity, but...

The medium-term budget brings another round of cuts in government spending and hints of big tax increases next year.

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