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Official account of finance cluster committees of @ParliamentofRSA

Joined May 2022
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@FinanceCluster
Finance-Cluster
1 day
MEDIA STATEMENT SOUTH AFRICA’S EXIT FROM GREYLIST IS A TESTAMENT TO ENHANCED ANTI-MONEY LAUNDERING MECHANISMS https://t.co/ccWa5j5GKk @ParliamentofRSA @MmusiMaimane @HealthSocClust @GovernanceClus1 @JustSecuCluster @DefenceCluster @EconoCluster @TreasuryRSA
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@FinanceCluster
Finance-Cluster
2 days
Ms Mariëtte Minnie-Botbijl has informed #SCOPA that double payments occurred because the Road Accident Fund (#RAF) would pay the medical experts directly, and then, three months later, pay the attorney who would, in turn, pay the medical expert. This resulted in medical experts
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@FinanceCluster
Finance-Cluster
3 days
The Standing Committee on Public Accounts (#SCOPA) will hear evidence from Ms Mariëtte Minnie-Botbijl at 09:00 this morning. She will provide testimony concerning numerous medical experts who have, over the years, offered services to the #RAF, highlighting problems with
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@FinanceCluster
Finance-Cluster
3 days
Team select committee on appropriations after rounding up a successful two-day oversight visit to North West. #CommitteesAtWork
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@FinanceCluster
Finance-Cluster
3 days
[IN PICTURES] Upgrade of the Marcus Zenzile Clinic in Stillfontein, North West. #CommitteesAtWork
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@FinanceCluster
Finance-Cluster
3 days
The North West Department of Health MEC Mr Sello Lehari joined the Select Committee on Appropriations on its last day of the oversight visit to the province. #CommitteesAtWork
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@FinanceCluster
Finance-Cluster
3 days
Day two of the oversight visit to North West by the Select Committee on Appropriations was spent in two-fold. Firstly, the committee concluded site inspection at the Marcus Zenzile Clinic in Stilfontein, Dr Kenneth Kaunda District, to assess progress on the clinic upgrade
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@FinanceCluster
Finance-Cluster
3 days
Mr. Victor Songelwa explains to #SCOPA how the Road Accident Fund (#RAF) is able to earn high interest. #RAFEnquiry
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@FinanceCluster
Finance-Cluster
3 days
Mr Charakupa confirmed to #SCOPA that if the Road Accident Fund (#RAF) made a significant effort to reduce the total outstanding claims, and if that average value per claim is sustained, it would experience a negative cash flow on a month-to-month basis. #RAFEnquiry
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@FinanceCluster
Finance-Cluster
3 days
Mr. Charakupa explained to #SCOPA the average value per claim of personal claims at the Road Accident Fund (#RAF) and its implications. He stated that claims have become more expensive to settle, meaning that with the same amount of money, the RAF has paid fewer claims. This
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@FinanceCluster
Finance-Cluster
3 days
Mr Charakupa explains to the Standing Committee on Public Accounts (#SCOPA) the difference between the recognition of claims under the old accounting standard used by the Road Accident Fund (#RAF) and the new accounting standard, illustrating the impact of the change in
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@FinanceCluster
Finance-Cluster
4 days
[IN PICTURES] #CommitteesAtWork
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@FinanceCluster
Finance-Cluster
4 days
Day one of the Select Committee on Appropriations was concluded with an inspection in-loco at the Bophelong Psychiatric Hospital in Mahikeng, North West, to assess progress with a multi-million infrastructure upgrade project. #CommitteesAtWork
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@FinanceCluster
Finance-Cluster
4 days
Mr Songelwa told #SCOPA that the Road Accident Fund (RAF) is currently not ready to appoint a Chief Investment Officer. The monthly funds received by the #RAF are insufficient to cover due claims. Therefore, investing the money would be at the claimants’ expense. #RAFEnquiry
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@FinanceCluster
Finance-Cluster
4 days
Mr Songelwa tells #SCOPA that claiming from the Road Accident Fund (#RAF) should be a very simple process so that anyone can do it easily. #RAFEnquiry
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@FinanceCluster
Finance-Cluster
4 days
The Select Committee on Appropriations is engage the North West Department of Health as part of the committee’s oversight visit in the province. #CommitteesAtWork
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@FinanceCluster
Finance-Cluster
4 days
Officials from national and North West provincial treasuries and Auditor-General of South Africa (AGSA) briefing the appropriations select committee on the three infrastructure upgrade projects implemented by North West Department of Health at Bophelong Psychiatric Hospital in
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@FinanceCluster
Finance-Cluster
4 days
Mr Itayi Charakupa tells #SCOPA that the actuarial function at the Road Accident Fund (#RAF) involves analysing claims, historical claims, settlement patterns, reporting patterns to assess claims reliability. It quantifies the amount owed to claimants and informs RAF management
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@FinanceCluster
Finance-Cluster
4 days
Parliament’s Legal Advisor, Ms. Fatima Ebrahim, swears in Mr. Victor Songelwa and Mr. Itayi Charakupa in terms of National Assembly Rule 168 before they give evidence to the Standing Committee on Public Accounts (#SCOPA). #RAFEnquiry
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