Just a quick post to say I’ve scanned the ether  and can say with confidence that a couple of hours after Finance Minister Pravin Gordhan’s mid-term budget in Parliament, Moneyweb wins hands down for accessable and authoritive insight into the budget.

The entry point to the package is the “Mini budget in a nutshell” (with a very quirky graphic of an unzipped nut), which is a neat little list of all the major changes with links to a bunch of excellent in-depth analysis, for example, the relaxing of exchange controls, concerns over a strong rand and the debate over inflation targetting. To get such  a wide-ranging package up so fast means they planned it in advance and then moved fast today. Well done, guys.

Most of the other big SA sites have focused on the fact that President Jacob Zuma’s bigger cabinet and presidency will come in an extra half a billion rand in “unforeseeable” expenses this year.

Glory be! That’s a bit pricey, especially considering that in the corporate world managers are being retrenched and positions combined because of the recession. But then what can we ordinary folk do? We must in the words of our past masters “mos kak en betaal”.

Click here for the full text of the speech.

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