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National Treasury, Republic of South Africa
Source: National Treasury, Republic of South Africa |

South Africa: Treasury Releases Local Government Revenue and Expenditure Report

The report was prepared by using figures from the Municipal Standard Chart of Account (mSCOA) data strings

National Treasury has released the local government revenue and expenditure report for the second quarter of the 2022/23 financial year. This report covers the performance against the adopted budgets of local government for the second quarter of the municipal financial year ending on 31 December 2022 and includes spending against…

National Treasury, Republic of South Africa
Source: National Treasury, Republic of South Africa |

Treasury on Listing of South Africa by the Financial Action Task Force

Listing of South Africa by the Financial Action Task Force as a “jurisdiction under increased monitoring”

Government notes the Financial Action Task Force’s (FATF’s) decision to list South Africa as a “jurisdiction under increased monitoring”, or more commonly referred to as FATF’s “grey list”. The FATF made its decision at the FATF Plenary meeting which took place  in Paris, France earlier today, 24 February 2023. Following intensive engagements with…

National Treasury, Republic of South Africa
Source: National Treasury, Republic of South Africa |

South Africa: Minister Enoch Godongwana on meeting with United States (U.S.) Secretary of Treasury Janet Yellen

Topping the agenda was the state of the global economy, policies to promote regional growth and investment, and the further development of trade and investment ties

The United States Secretary of Treasury Janet Yellen and Minister of Finance Enoch Godongwana met in Pretoria on Thursday to discuss a range of issues and explore ways to extend the already extensive areas of economic and financial cooperation between the two countries. Topping the agenda was the state of…

National Treasury, Republic of South Africa
Source: National Treasury, Republic of South Africa |

South Africa: Minister Enoch Godongwana appoints Silindile Kubheka and Lebohang Senne to Ombud Council

Appointment of Ms Silindile Kubheka as the chairperson of the Ombud Council and Ms Lebogang Senne as a board member of the Ombud Council

The Minister of Finance, Mr Enoch Godongwana, has in terms of section 180 of the Financial Sector Regulation Act No. 9 of 2017 (FSRA) appointed Ms Silindile Kubheka as the Chairperson, and Ms Lebohang Senne as a member of the Board of Directors (BoD) of the Ombud Council, both for…