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Public Accounts (SCOPA)
Audit Outcome 2018/19: briefing by Auditor General
23 Oct 2019
Parliament’s Standing Committees on Public Accounts and Appropriations were told that the key message from the 2018/19 audit outcomes of government departments and state-owned entities (SOEs) was that preventive controls, strong consequence management and an effective monitoring culture were still lacking.
Of the 432 entities that were audited, 100 had ...
Finance Standing Committee
PBO Director appointment; MTBPS programme
22 Oct 2019
The two Finance and the two Appropriations Committees of the National Assembly (NA) and the National Council of Provinces (NCOP) have agreed on a process to fill the vacant position of Director of the Parliamentary Budget Office. This follows a letter from the Presiding Officers of the two Houses informing ...
Standing Committee on Appropriations
Special Appropriation Bill [B10-2019]: committee report
10 Oct 2019
The Committee adopted its report on the Special Appropriation Bill [B10-2019], with amendments to reflect the need for more stringent conditions to be imposed on the R59 billion bailout to Eskom over the 2019/20 and 2020/21 financial years
The Committee underlined that it did not want to give Eskom a ...
Finance Standing Committee
National Treasury & SARS 2018/19 Annual Report, with Deputy Minister
9 Oct 2019
The Standing Committee met with the Deputy Minister of Finance and senior National Treasury (NT) officials to be briefed on the NT’s annual report, following a meeting the previous day with the Auditor General of South Africa (AGSA) on the Treasury’s audit outcomes, which had highlighted irregular ...
Finance Standing Committee
National Treasury & entities audit outcomes: AGSA briefing
8 Oct 2019
The Auditor General of South Africa (AGSA) briefed the Committee on the annual audits carried out at the 16 regulatory and financial entities making up the government’s finance portfolio. It was part of a process leading to a hearing with the National Treasury on its annual report and the production ...
Standing Committee on Appropriations
Special Appropriation Bill [B10-2019]: deliberations
18 Sep 2019
The Committee reviewed the Draft Report on the 2019 Special Appropriations Bill in a page by page fashion. In its deliberations on the oral and written submissions on the Special Appropriation Bill, the Committee was in agreement that stringent conditions had to be attached to the transfer of funds to Eskom. ...
Standing Committee on Appropriations
Special Appropriation Bill [B10-2019]: DA’s proposed amendments; Proposed oversight visit
17 Sep 2019
Money Bills Amendment Procedure and Related Matters Act
The Standing Committee on Appropriations met to discuss the DA’s proposal regarding the Special Appropriation Bill [B10-2019] for Eskom and the Committee’s forthcoming oversight visit proposed programme.
The Committee grappled with the issue of a non-party-political space such as Parliamentary Committees being ...
Standing Committee on Appropriations
Special Appropriation Bill [B10-2019]: Department of Public Enterprises and Eskom briefings; with Minister
10 Sep 2019
The Minister said Eskom was a vital utility and crucial to the economy. It had been the target of state capture, and damage had been done to it. There had now been a two year period of recovery in the areas of governance, finance and operations, but the company was ...
Standing Committee on Appropriations
Special Appropriation Bill [B10-2019]: Parliamentary Budget Office briefing
4 Sep 2019
The Committee met to receive a briefing from the Parliamentary Budget Office (PBO) on the Special Appropriations Bill for cash injection into Eskom.
The PBO highlighted that Eskom’s debt-reliant liquidity situation was the result of decline in sales volumes; the cost of primary energy; high debt service costs; high employee ...
Standing Committee on Appropriations
Eskom's Special Appropriation Bill: FFC submission
3 Sep 2019
The Financial and Fiscal Commission (FFC) commented on the 2019 Special Appropriation Bill, noting Eskom’s dire financial situation and government intervention strategies, and gave turnaround suggestions.
The key issues that had been raised were around corruption and incompetence within Eskom, the privatisation of Eskom and the juxtaposition between historical Eskom ...