Out of 42 national departments, only eleven (11) departments fully complied with legislation of timeous payments.

Loading player...
GUEST - Vusimuzi Mavuso - Commissioner at Public Service Commission

Out of 42 national departments, only eleven (11) departments fully complied with legislation of timeous payments. These 11 national departments did not have outstanding or unpaid invoices for the period under review. Departments are encouraged to maintain this performance and pay all legitimate invoices from suppliers timeously or within 30 days as required by the Public Finance Management Act and its related prescripts. The below table 2 outlines National Departments that paid all their invoices within 30 days.
8 Jul 2024 2PM English South Africa Business News · Investing

Other recent episodes

FDI at a Turning Point: What Global Investors Expect in 2026

Kearney’s Global Business Policy Council unveils the 2026 FDI Confidence Index®, revealing the top global and emerging markets expected to attract investment over the next three years. Africa Managing Partner Theo Sibiya breaks down the trends shaping investor sentiment
9 Apr 4PM 13 min

Inside Your Pocket: Why SA’s Cost of Living Keeps Climbing

Electricity inflation has surged 85% since 2020, water is up 68%, and low‑income households now spend nearly 67% of their income on food and utilities. Senior economist Raksha Darji unpacks the Competition Commission’s March 2026 Cost of Living Report — revealing structural failures, pricing behaviour, and what must change to…
9 Apr 4PM 13 min