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    • MY 10 CENTS

      Share your opinion and you could win a R10 000 investment.


      Find out how the new budget impacts your income.

    • BUDGET

      Highlights from the 2014/15 South African budget.

Old Mutual Thought Leaders

Finance Minister, Pravin Gordhan, announced the new National Budget on 26 February 2014. Old Mutual experts offer in-depth coverage and analysis of how the changes will impact you.


    Read the sixpack of pointers from the Budget Speech by Soré Cloete, legal manager at Old Mutual.


    Lucky Pane from the University of Johannesburg and Joshua Budlender from the University of Cape Town were announced by Minister of Finance, Pravin Gordhan as winners of the 43rd Nedbank and Old Mutual Budget Competition.


    Much has been said about the volatility of the markets in recent weeks. While in the short term it is often a cause for concern, the retirement planning horizon is mostly long-term. There is a strong case for investing in a retirement annuity.


    "With the weak economy, we are facing increasing inflation pressures and Treasury needs to revise their growth and inflation forecasts," says le Roux in his Budget preview report. “Expenditure, on the other hand, has been under better control recently and no significant slippage is expected to be announced in the Budget.


    Dave Mohr, Chief Investment Strategist for Old Mutual Wealth looks at four specific areas for South African investors, namely, how much the government expects in tax revenue, how much it plans to spend, how it will divide its spending between competing priority areas and how much it will need to borrow should there be a deficit.


    South Africa’s current fiscal year of 2013/2014 is facing a fiscal deficit. With economic growth forecasts likely to be revised to a lower level and tax revenue growth expected to slow down, government needs to control its spending. But will this be enough to reduce the deficit at the necessary increased pace?

My10cents Competition

Everyone’s got an opinion on the National Budget and Old Mutual wants to hear yours. Share your 10cents on the budget and go into the draw to win a R10 000 unit trust investment.


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We have received hundreds of opinions and comments from South Africans having their say. Only the last 50 comments are visible on this website. The comments collected prior to these are kept on file and will be entered into the daily and overall prize draws.

Budget Overview

For a complete overview of Pravin Gordhan’s 2014 Budget Speech download the relevant transcripts and supporting guides.

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