Premium Essay

Budget Speech

In:

Submitted By zubair666
Words 9993
Pages 40
2013 Budget Speech

Minister of Finance Pravin Gordhan

27 February 2013

ISBN: 978-0-621-41456-1 RP: 345/2012 To obtain copies please contact: Communications Unit National Treasury Private Bag X115 Pretoria 0001 Tel: +27 12 315 5526 Fax: +27 12 315 5126 Budget documents are available at: www.treasury.gov.za

2013 Budget Speech

Honourable Speaker I have the honour to present the fourth budget of President Zuma’s administration. Mr President you said in the State of the Nation address that “we should put South Africa first. All of us have a patriotic duty and responsibility to build and promote our country.” You further said “The National Development Plan provides a perfect vehicle for united action precisely because it has the support of South Africans across the political and cultural spectrum. Leaders in every avenue should be ready to rise above sectional interests and with great maturity, pull together to take this country forward.” This challenge applies to all sections of our society: business, labour, public representatives, activists and citizens in every part of the country. As we pointed out in the 2012 Budget, global economic uncertainty will remain with us for some time. South Africa’s economic outlook is improving, but requires that we actively pursue a different trajectory if we are to address the challenges ahead.

1

2013 Budget Speech

Under your leadership Mr President, we have opened new channels of communication and built more cohesion among key stakeholders in South Africa. We have taken many steps to create the conditions for higher levels of confidence in our economy and society. Now we are ready to implement the National Development Plan. South Africans have a rich history of acting together for a better future.



Thirty years ago, the United Democratic Front brought together people of goodwill and foresight from all

Similar Documents

Premium Essay

Budget Speech of Bangladesh 2011

...Contents Issues Seeking Permission Page 1 Chapter I Introduction and Background Tribute, Acknowledgements, Pre-budget Consultations, Vision for prosperous Bangladesh, Expectations vis-à-vis Resource Constraints 1-4 Some Important Pledges: Implementation Progress Facing Recession, Achievements of Power and Energy Sector, Agriculture Sector, Land, Fisheries and Live Stock, Food Security, Roads and Bridges, Education, Health, Digital Bangladesh, Climate Change, Women and Children Welfare, Social Safety Net Programmes, Employment Generation, Rural Development, Population Census, Industry and Trade, Public Welfare and Good Governance, Immigration and Skill Development, Optimum Utilisation of Public Money 4-15 Macro-economy and the Global Perspective Growth, External Sector, Export, Import, Remittance, Current Account Balance, Foreign Exchange Reserve, Exchange Rate, Monetary Sector, Inflation, Economic Strategy 15-22 Revised Budget for FY2010-11 Revenue Situation, Revenue Mobilisation, ADP Utilisation, Total expenditure, Budget Deficit 23-25 Chapter II Some Key Sectors Power and Energy: Integrated Development i 25-98 26-31 Issues Program Power: Electricity Production Plan, Power Transmission and Distribution Line, Renewable Energy, Power Savings Energy: Use of Alternative Energy Sources, Gas Production, Exploration of Oil and Gas Page 26-29 29-31 31-47 Agriculture and Rural Development Agriculture: Agriculture Subsidy, Seeds, Hybrid Paddy...

Words: 47559 - Pages: 191

Free Essay

Mouhamed

...out • Maintain accuracy, quality, and meet or exceed productivity quotas while performing these tasks • Operate manual and electric material handling equipment such as hand jacks • Perform other duties as assigned Katmai Government Services, Anchorage, Alaska 2011-2013 Role player/foreign language specialist • Trained soldiers through military mission and situational exercises that enable soldiers’ battalions to interact under various conditions • Replicated various roles and groups of people representing possible situations military battalions may face during deployment • Adapted the cultural appearance, dress, language, behavior and manner of speech of the assigned characters • Conform to the Safety Plan and Quality Plan to accept responsibility in helping to achieve customer satisfaction • Facilitated realistic training in preparation for real-world events and scenarios the unit will likely encounter during contingency operations •...

Words: 573 - Pages: 3

Free Essay

Audience Purpose Tone

...two forms of communication that I have chosen are: Interoperational and Personal. In order to tackle business communication problems it’s very essential to follow a well drafted communication process. The communication process steps involved for my two forms of communication are: Sensing a communication need: The need for communication here is for Conveying the Yearly Sales Budget, Sales Target and Project Plans and Training team members. The purpose of these communications is to discuss the annual budget and set targets for the sales and information technology and to train my team members with this new reporting tool and share my knowledge with them. Defining the situation: The presenter of the interoperational communication is our director and the main goal is to help the project managers in laying down the budgets for each project to fall within the targeted budget and thus help them to understand the number of projects to be initiated or undertaken the whole year. The best choice of communication under this situation is using the PowerPoint slides with visuals supporting the speech and contents in the slides. The second form of communication which is a personal communication will be presented by me and it is an informal communication to help the audience to create reports required by the business and analyze the data. The best communication under this situation is a computer to give demo and power point slides. Considering possible communication strategies:...

Words: 732 - Pages: 3

Premium Essay

Strategic Management Accounting

...[pic] Strategic Management Accounting (APC 309) Individual Assignment Part 1/ Question 1 Executive Summary The purpose of this report is to cover one of the most important topics in management accounting and analyze them critically. This topic is about traditional approach of budgeting and budgetary control. Analyzing this topic will help to find the benefits and problems of traditional budgeting in two different business, where they are operating at different business environment. It will also discuss some of the alternative methods of budgeting and how it can suit, where traditional methods are inappropriate. The beyond budgeting concept, by Hope and Fraser (2003) will be discussed to find critical and deep evaluation on the budgeting process. Table of contents Pages Introduction. 01 Traditional budgeting. 02 2.1 Multiple Functions. 02 2.2 Benefits. 03 2.3 Problems. ...

Words: 3133 - Pages: 13

Free Essay

Budget

...billion proposed budget for the forthcoming fiscal, 2012-13, is sized at 18.1 per cent of the country's gross domestic product (GDP) that is projected to do grow at 7.2 per cent during the year. There are challenges and risks, both domestic and external, that do provide some strong reasons for being not much optimistic at this stage about achieving this growth performance. That does not mean that the growth target itself is overambitious. The actual performance of the Bangladesh economy has otherwise been impressive over the past several years in a row, given the comparative picture of other low-income developing countries and the odds and difficulties, both exogenous and endogenous. But even this performance has been considered below the potential of Bangladesh. This is what the economists, analysts, development practitioners and all others, within and outside, have been stating about Bangladesh over the years. The growth rate, however, is not the sole indicator of 'socio-economic development' in its broad sense. But it unquestionably remains to be one of the important criteria for assessing the overall performance of an economy. The quality of growth -- its nature and dimension of inclusiveness, impact on social development indices concerning the state of education, health, nutrition and, thus, human resource development, income-distribution and employment-generation effects, poverty alleviation efforts etc. -- is also a pertinent point for consideration. The budget through its...

Words: 2183 - Pages: 9

Free Essay

Ayyy

...Traditional On Campus Class Welcome to the Traditional On Campus version of Speech 103 Oral Communication! I look forward to getting to know each of you. Over the years, I have learned that many of you dread taking this class (don’t worry I felt the same way when I had to take this class) but I hope that you will find your worries to be unfounded. I work very hard to try to create a comfortable learning environment, primarily because I need you to participate in order for this class to work. This is a participatory-based class where we will all work together to help each other improve our communication skills. Consequently, you will play an active role in your own learning as well as active role in the learning of the other students in this class. Research has shown that when you are an active participant in a class you increase how much you remember as well as how much you can recall after the semester has ended. However, I have found that when you are an active participant in my class you will look forward to coming to each class session and your fears of public speaking will soon decrease. Since this class is participatory, you will find that you will put a lot of thought and effort into this class. Much learning will occur both in class and out side of class. However, while this class is demanding, I hope that you will both enjoy this experience and learn a great deal about communication, how you communicate, and how to be a better...

Words: 7755 - Pages: 32

Free Essay

Manageral Acct

...3. Identify the budgets that comprise the master budget. 9, 10, 11, 12, 13, 14, 15, 16 1, 2, 3, 4, 5, 6, 7 1, 2, 3 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 1A, 2A, 3A 1B, 2B, 3B 4. Describe the sources for preparing the budgeted income statement. 17, 18 8 4 13 1A, 2A, 3A, 6A 1B, 2B, 3B 5. Explain the principal sections of a cash budget. 19, 20 9 5 14, 15, 16, 17, 18, 19 4A, 6A 4B 6. Indicate the applicability of budgeting in nonmanufacturing companies. 21, 22 10 3,18, 19, 20 5A 5B Copyright © 2010 John Wiley & Sons, Inc.   Weygandt, Managerial Accounting, 5/e, Solutions Manual   (For Instructor Use Only) 9-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Prepare budgeted income statement and supporting Simple 30–40 Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Proble budgets. Study Objective 2A Knowledge Prepare sales, production, direct materials, direct labor, Comprehension and income statement budgets. Application Analysis Simple 40–50 3A 1. Q9-1 Q9-2 Q9-4 E9-1 5A Prepare sales and production budgets and compute cost Synthesis per unit under two plans. Evaluation Indicate the benefits of budgeting. Moderate 30–40 4A Prepare cash budget for two months. Moderate 30–40 Prepare purchases and income statement budgets for a merchandiser...

Words: 12560 - Pages: 51

Free Essay

Heydeeeee

...Part A My Video Title | | SourceUnderline as appropriate | http://www.englishcentral.com/video/10084/introductions-meet-the-boss | Part 1(~ 50 words) | This is a video about Obama speech, every word of his speech was so powerful and in this half and a minutes long speech, he brightly pointed out what the follow speech is all about and also made the good atmosphere that everyone draw attention to that speech. | Part 2 & 3(~ 100 words) | Some one said that Obama’s speech is like a symphony. His speeches are so powerful because it has a shape, it has forms. During his speech he used the technique like Fast/slow, loud/quite, all of which may be separated by a short pause or silence. He has different movements and forms, also it has a harmonious whole. His powerful symphony and well crafted and delivered speech, in his ways, move the listener. Audience pay all their attention to Obama. I learnt a lot as I was lack of symphony preformence. | Do either Part B OR Part C to complete your reflection record for this module. Submit only one part. Part B My Activity Language ActivityUnderline as appropriate | CILL activity Others pls specify | Title | Movie watching – The Ring | Part 1(~ 50 words) | It is a horror film that produce from America , adapt from a famous horror film from Japan-----Ringu. Its about a girl who become a ghost and the story behind it. All that history is discover by the Main character. | Part 2 & 3 (~ 100 words) | At first,...

Words: 580 - Pages: 3

Premium Essay

Communication101

...1:30-3:00pm Phone: 480-965-5095 (HDSHC main office) and by appointment WELCOME TO COM 225! The purpose of this course is to enable you to better understand theories and practices of public speaking. This course is designed to improve not only your delivery techniques but also your speech-writing and persuasion abilities. Additionally, this course is arranged to develop the skills necessary for you to critically evaluate both written and spoken speeches of others and to enter the public dialogue on issues that are important to you and your life. I am confident there is much to gain from the study of public speaking. The skills developed by engaging in this course work have practical applications in each of your lives. Although your participation may take place in various forms and environments, each of you will inevitably face the task of delivering, constructing, or consuming speeches. Developing your public speaking skills will prepare you for school or work presentations, job interviews, political campaigns, community meetings, and many other situations as well. BENEFITS OF THIS COURSE The objectives of this course are to: • Improve your speech delivery • Understand the ability to create effective speeches • Improve your listening skills • Improve your ability to think critically on a variety of subjects and genres • Improve your research skills • Develop skills to analyze your own and other’s speeches ...

Words: 4110 - Pages: 17

Premium Essay

Overcoming an Obstacle

...Overcoming Obstacle One of the most challenging obstacles I have had to overcome was learning a second language. To be successful I established two specific few goals to help guide me in the right direction. First, and I feel the most important goal, was to speak the language at all times. The second goal I made was to read the language whenever possible. Speaking the language was the most important goal to me because the act of speaking words helped ingrain those words and their definitions into memory. I always carried a dictionary/translator with me so I could look up words I did not know. In the beginning, not having a proper core knowledge of the language made this goal extremely difficult. As time progressed, however, I realized that it was becoming easier and easier to not only speak, but I required less time to think of what I was trying to say. Reading the language was another important goal to help me learn a second language. Reading the language was very helpful for increasing my vocabulary. I would always read out loud while working on this goal, which in turn also helped me achieve the first goal, as well. As I did with speaking the language, I kept a dictionary close by as to look up the words I did not know. Again as time went on, I noticed that the frequency of having to look up words began to decrease. Having to learn a second language is a difficult task to accomplish. The setting of goals was crucial to the success of my accomplishment...

Words: 291 - Pages: 2

Premium Essay

Speech

...Journal #1 My speech wasn’t as bad as I thought it was going to be, but it could have been better if I put more time into getting more information from my partner. The body paragraphs needed to give more information and go into more detail. Although it wasn’t that bad of a speech giving the thought that we met up for about thirty minutes. Back in high school when someone was giving a speech, we, the audience always tried to make them laugh, or simply just didn’t pay attention to the speaker and did something else. Now the audience was paying attention and being respectful which calmed me down when giving my speech. As the speaker I needed to be more enthusiastic while giving my speech, because how is the audience going to be interested if I don’t even seem interested. I noticed very few people glancing at their phones or just with a blank look in their face; this made me relax a little more for some reason. Even though I could have had more information and gone more into detail, my speech did flow from the thesis statement to my conclusion paragraph. I was getting more nervous as the names kept getting closer to mine, once my partner Aldo, brought me up when he gave his speech, which calmed my nervousness down a bit because it wasn’t that bad being in front of the class and having everyone’s eyes looking at you. Once my turn came to speak, I took deep breaths as I made my way to the front of the classroom, and once there I paused, and took one last deep breath, and then...

Words: 388 - Pages: 2

Premium Essay

Learning a Foreign Language

...As the globalization process accelerating, it is critical to learn a foreign language. Therefore, we can communicate with foreigners with few language barriers. At the sometime, how to learning is a frequent topic of discussion languages. Some argue that understanding the country as well as the cultures and lifestyles of the people who speak it is benefit to learn a language. Personally, I agree with this opinion. A language is not only including vocabulary and grammar; also the cultures and lifestyle are mutually exclusive. In the first place, without understanding the cultures, we might use the language in some wrong cases. For example, it is wired when you staring talking with climate in English speaking countries, however it is a normal beginning in China. In the second place, lifestyle is a key factor to learning a language, especially in writing essays. In western area, essays always begin the writer’s views. In contrast, in our country, we prefer to render our opinions at the end of the essays. In the third place, learning about the country has the inherent advantage of learning language. More specifically, some special words restrict to some countries. If you never been there, you would not understand such words accurately. Admittedly, there would be some drawbacks if you learn a language in this way. To begin with, it is time-consuming. Generally, understanding a language’s background cost more time than only learning grammar and vocabulary. In addition, it is also...

Words: 298 - Pages: 2

Premium Essay

Skills of Good Speaking

...interrupt. • Don’t talk to only one person when conversing in a group. • Don’t engage in “one-upping. • Don’t overshare.   Things Not to Say   • “Am I boring you?” • “Huh?” “What?” “Say What?” “Eh?” • “Actually, you should say ‘between you and me,” not ‘between you and I.’” • “Stop me if I’ve told you this story before…” The Number One Rule of Conversation: Be Natural       Source: http://artofmanliness.com/2010/09/24/the-art-of-conversation/   Public Speaking Public Speaking   • Definition • Speaking Opportunities • Similarities between PS and Conversation • Differences between PS and Conversation • Speech Communication Process • Factors to be Considered During Speaking Public Speaking   • Public speaking is the process of speaking to a group of people in a structured, deliberate manner intended to inform, influence, or entertain the listeners. • It is closely allied to "presenting", although the latter has more of a commercial advertisement connotation. Speaking Opportunities   • At work • Selling your ideas • Technical...

Words: 1684 - Pages: 7

Premium Essay

Informative Speech Reflection Paper

...Abubakr Mohamed 1. What I most liked about my speech was the first three and a half minutes because I started out my speech with confidence and strong voice that carries throughout the room. I also followed my outline and stick to it which made my purpose clear and showed the importance of the topic to the audience. Moreover my eye contacts was on entire audience , my posture was good , legs did not cross, no leaning on podium, and my hands movement was minimal and did not move too much which is the case when I usually talk to people. I think I also was able to show the importance of my topic to audience by getting their attention. I avoided making my speech to technical so it will be easy for those who are not familiar with the topic to understand. 2. After the three and a half minutes I started to rely heavily on my outline instead of eye contact and that the main point I need to work on. Also, I had multiple problems with stumbling over my words and using fill in words instead of speaking clearly and using very descriptive words. Furthermore, I saw that I tended to sway a lot, and that is something I will consciously try to fix during my next speech. In term of content, my outline needed more information and examples that will encourage the audience to ask questions after the speech and that will reflect their interest in my speech. For delivery , I was very nervous and I stumbled over my words and I had to pause longer than I should to recall my points ...

Words: 637 - Pages: 3

Free Essay

Figurative vs Literal Language

...Figurative Language versus Literal Language Professor Veronica S Critical Thinking – PHI 210 January 22, 2013 Figurative Language versus Literal Language Figurative language is writing or speaking where ‘figures of speech’ such as metaphors and similes freely occur (Oxford Reference, 2003) where as literal language is opposed to figurative it suggests the influence of the letter as a measure of strictness and rightness: the literal truth is seen as being true in a basic and absolute way. If something is done literally, a person follows instructions ‘to the letter’, without flexibility or imagination (Oxford Reference, 2003). In this paper several figurative language expressions will be defined and discussed by providing examples for each term, appropriate circumstances for using the expressions and when it might lead to misunderstanding. An idiom is an expression established in the usage of a language that is peculiar to itself either in grammatical construction (as no, it wasn’t me) or in having a meaning that cannot be derived as a whole from the conjoined meanings of its elements (as Monday week for “the Monday a week after next Monday”; many a for “many taken distributively”; had better for “might better”; how are you? for “what is the state of your health or feelings?”) (Merriam-Webster’s Dictionary, 2002) Also an idiom doesn’t mean what its individual words mean. In Italian, “In the mouth of the wolf” is an idiom, it means “Good luck”, and “kick the bucket”...

Words: 1396 - Pages: 6