2022-w2062 - 17 June 2022

Khanya Ceza to ask the Minister of Finance

In light of the Auditor-General’s report in the 2020-21 financial year which indicated that municipalities relied on costly consultants in the short-term to compensate for the lack of financial management and reporting skills, which provisions have been put in place by her department in ensuring a strengthened control environment in order to avoid unauthorised, irregular, fruitless and wasteful expenditure?

Reply from the Minister of Finance on 17 Jun 2022

The Honourable Member should note that the Municipal Finance Management Act (MFMA), vests financial governance, accountability and responsibility for a municipality with the municipal council and its administration. This includes appointment of relevant and appropriate skills, ensuring proper internal controls are implemented and to prevent the incurrence of unauthorised, irregular, fruitless and wasteful expenditure (UIFW).

Specifically, section 62 of the MFMA provides that the ...

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2022-w2065 - 17 June 2022

Annacleta Mathapelo Siwisa to ask the Minister of Finance

Whether, noting the recent judgment of the Special Tribunal, which found that the O R Tambo District Municipality failed to comply with the emergency procurement processes to extend a contract and the process was seen as unlawful, any steps will be taken against the municipal officials who were found to have been involved in the specified processes; if not, what is the position in this regard; if so, (a) what steps will be taken and (b) by what date?

Reply from the Minister of Finance on 17 Jun 2022

The Tribunal outcomes were issued to the Accounting Officer of OR Tambo District Municipality. No steps will be taken against the municipal officials by the National Treasury as the National Treasury does not have jurisdiction in the disciplining of any organ of state employees or officials. OR Tambo District Municipality will be required to take action against any transgressions of its employees.

The National ...

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2022-w1963 - 03 June 2022

Dion Travers George to ask the Minister of Finance

Whether the National Treasury has ever conducted an economic impact study to determine the impact of load-shedding on the economy since it began in 2008, as it has been shown to have a direct impact on economic growth,; if not, why not; if so, what are the relevant details?

Reply from the Minister of Finance on 3 Jun 2022

  • While the National Treasury has not specifically done a full cost analysis evaluating the impact that load shedding has had on GDP since 2008, various analyses have been undertaken over the past few years to assess the impact of the electricity constraint on economic activity.
  • To understand the impact of electricity shortages on factor productivity, investment and potential growth, the National Treasury uses analytical ...
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2022-w1811 - 03 June 2022

Rosina Ntshetsana Komane to ask the Minister of Finance

Whether, given the current developments of lockdown in China and the supply chain disruptions caused by what is happening between Russia and Ukraine, the National Treasury will be required to revise its key assumptions and projections such as budget surplus by 2023; if not, what is the position in this regard; if so, what are the further, relevant details?

Reply from the Minister of Finance on 3 Jun 2022

The National Treasury is monitoring the impact of the global and domestic economic developments on the fiscal framework. This is part of the macro-fiscal planning process that takes place every quarter which involves updating the macroeconomic and revenue forecast. The impact of the Russia-Ukraine war will be included in the updated macroeconomic forecast and framework that will be published in the 2022 MTBPS.

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2022-w1300 - 03 June 2022

Dion Travers George to ask the Minister of Finance

(1) What is the (a) current backlog of pension payouts for retired public servants, (b) current turnaround time for pension payouts for retired public servants and (c) total number of retired public servants whose pensions were paid out within 30 days in the (i) 2019-20 and (ii) 2020-21 financial years; (2) whether the (a) Government Pension Administration Agency and (b) Government Employees Pension Fund introduced and/or implemented measures to decrease the turnaround time for pension payouts for retired public servants; if not, what are the reasons that such measures have not been introduced and implemented; if so, what has she found has been the impact of the measures introduced and implemented in this regard?

Reply from the Minister of Finance on 3 Jun 2022

(1) (a)

Backlog cases are defined as cases older than 60 days

Retirements of Public Servants

Current Backlog as of 31 March 2022

1 345

(1) (b)

Pension Payouts for Retired Public Servants

no

%

Retirees Paid within 60 Days

29 855

88,78

TOTAL Retirees Paid

33 627

100,00

(1) (c) (i) (ii)

Year

Paid within 30 Days

Total Paid

 

no

%

100% ...

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2022-w1788 - 03 June 2022

Cilliers Brink to ask the Minister of Finance

Whether the National Treasury has taken steps to place the names of companies implicated in the findings of the Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector including Organs of State on the register of entities prohibited from doing business with the State; if not, why not; if so, what are the names of the companies?

Reply from the Minister of Finance on 3 Jun 2022

Kindly note that National Treasury Instruction Note 3 of 2021/2022 paragraph 6 states that, should an organ of state opt to restrict the contractor and or any other persons from obtaining a business with the public sector, the relevant institution must:

  • Inform the contractor or person(s) of the intention to impose a restriction, provide the reasons for such decision and the envisaged period of ...
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2022-w1919 - 03 June 2022

Ignatius Michael Groenewald to ask the Minister of Finance

(1)What total number of municipalities in each province, (a) in each of the past five financial years and (b) from 1 April 2022 to date could (i) not pay and/or (ii) only partly pay salaries for (aa) one month, (bb) two to six months, or parts thereof and (cc) more than six months; (2) whether he will make a statement on the matter?

Reply from the Minister of Finance on 3 Jun 2022

(1)(a)(b)(i)(ii)(aa)(bb)(cc) The attached annexure provides the detail of the number of municipalities over the past five years that did not pay or partially paid salaries per province per year. It further distinguishes which municipalities within the two categories did not pay for one month or two to six months or more than six months.

(2) No, the Minister will not make/issue a statement in ...

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2022-w1810 - 03 June 2022

Rosina Ntshetsana Komane to ask the Minister of Finance

Whether, given that from a comparative perspective there seems to be a regression on the progress of programmes and projects since the 2022 Appropriations, the National Treasury has attempted to track any synergy between the appropriation of funds and performance; if not, why not; if so, what are the relevant details?

Reply from the Minister of Finance on 3 Jun 2022

The monitoring of performance by the National Treasury was conducted within the Framework for Strategic Plans and Annual Performance Plans. This framework was issued by the National Treasury in 2010 in order to guide institutions’ short and medium term planning. The Framework provided a standardised approach to strategic and annual performance planning; and promoted accountability for performance and service delivery, and alignment between the ...

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2022-w1792 - 25 May 2022

John Henry Steenhuisen to ask the Minister of Finance

With regard to the address by the President of the Republic, Mr M C Ramaphosa, to the nation on 18 April 2022 after the devastating floods in KwaZuluNatal, wherein the President commented that the Minister of Finance, Mr E Godongwana, had said that R1 billion is immediately available and Parliament will be approached for the appropriation of additional resources, (a) how has the R1 billion been spent and (b) what are the details of the additional resources that will be made available for relief and recovery?

Reply from the Minister of Finance on 25 May 2022

a) The R1 billion mentioned by the President refers to funds that are provided for in the 2022 Division of Revenue Bill (and are not new monies), namely disaster relief funds (for immediate response) through the Provincial Disaster Response Grant and the Municipal Disaster Response Grant. These grants are allocated R144 million and R371 million respectively in 2022/23. A further R501 million is available ...

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2022-w1685 - 20 May 2022

Nyiko Floyd Shivambu to ask the Minister of Finance

(a) Which financial institutions borrowed government (i) long-term loans and (ii) short-term loans and (b) what are the relevant details of the (i)(aa) market participants and (bb) their clients, (ii) interest rate, (iii) term of the loan and the (iv) total amount borrowed?

Reply from the Minister of Finance on 20 May 2022

Treasury Bills (T-bills) are held by every commercial bank in the country that holds a banking license since they form part of the High-Quality Liquid Assets (HQLA) which are required by the Prudential Authority. These assets allow banks to meet their short-term liquidity requirements and can be used as collateral for central bank operations, as well as benchmarking for pricing financial assets. The same ...

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