| Sunday: 24 November, 1996
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Manuel sets tough Budget of
R186bn
By SVEN LUNSCHE THE government has backed a R185,5-billion Budget for
the 1997/98 fiscal year - the first time in years that the state
intends cutting expenditure in real terms.
Documents with Business Times show the spending figure
was approved at a Cabinet meeting last month. It signals
Finance Minister Trevor Manuel's determination to put the
country on the road to financial discipline.
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Peers honour Didata and RupertSOUTH Africa's captains of industry this week voted
Johann Rupert, executive chairman of Rembrandt, as
Business Times' Businessman of the Year for 1996.
Information technology group Dimension Data won the
newspaper's Top Company award.
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The TOP100 SurveyTHE Business Times Top 100 companies are ranked by the
measure that, we believe, matters most: how they have
performed for their shareholders and thus improved
shareholder wealth.
The shares - all listed on the JSE - are measured over five
years to the end of September this year.
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Get graph-tingStock IXCHANGE is Windows software that displays graphs of
shares, unit trusts and other financial instruments. Simply
click on the logo and the relevant graph will
appear. But first you'll need to download Stock IXCHANGE Lite to use this service
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