Finance MEC to announce and launch the 30-Day Payment Awareness Campaign
25 January 2022Media AlertThe MEC for Finance, Ms Motlalepula Rosho, will in compliance with the Public Finance Management Act (PFMA) Section 38(1)(f) (Act No. 1 of 1999), launch the 30-Day Payment Awareness Campaign, as an intervention to fast-track payments of outstanding supplier invoices by provincial departments and their entities. The PFMA requires the accounting officer for a department to settle all contractual obligations and pay all money owing, including intergovernmental claims, within the prescribed or agreed period.“Departments and their entities are not fully compliant to the prescribed 30 days-payment and this is adversely impacting on the sustainability of the suppliers’ businesses, hence the need for this campaign”…
Read More
Hi, this is a comment.
To get started with moderating, editing, and deleting comments, please visit the Comments screen in the dashboard.
Commenter avatars come from Gravatar.