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Official account of finance cluster committees of @ParliamentofRSA

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Chairperson of the Standing Committee on Public Accounts (#SCOPA), Songezo Zibi says the current Road Accident Fund (#RAF) Act does not distinguish between South Africans and non-South Africans; anyone injured in a non-fault accident can claim from the RAF. He proposes changing the law to require medical insurance for visitors, similar to the European Union visa requirements. A RABS Bill to address this is expected to be introduced in Parliament by year-end.

Chairperson of the Standing Committee on Public Accounts (#SCOPA), Songezo Zibi says the current Road Accident Fund (#RAF) Act does not distinguish between South Africans and non-South Africans; anyone injured in a non-fault accident can claim from the RAF. He proposes changing the law to require medical insurance for visitors, similar to the European Union visa requirements. A RABS Bill to address this is expected to be introduced in Parliament by year-end.

Finance-Cluster

199,063 просмотров • 7 месяцев назад

PIC Chief Investment Officer, Mr. Kabelo Rikhotso informed #SCOPA that the #PIC injected R250 million into #Daybreak Foods earlier this year and, just a week ago, used its own balance sheet to inject an additional R150 million into the company. He said Daybreak Foods is a business that, under normal circumstances, can generate an annual turnover of approximately R3.2 billion to R3.4 billion. If well managed, it should deliver a profit after tax of about R300 million to R400 million per year.

PIC Chief Investment Officer, Mr. Kabelo Rikhotso informed #SCOPA that the #PIC injected R250 million into #Daybreak Foods earlier this year and, just a week ago, used its own balance sheet to inject an additional R150 million into the company. He said Daybreak Foods is a business that, under normal circumstances, can generate an annual turnover of approximately R3.2 billion to R3.4 billion. If well managed, it should deliver a profit after tax of about R300 million to R400 million per year.

Finance-Cluster

32,183 просмотров • 10 месяцев назад

The Standing Committee on Appropriations today elected Mr Mmusi Maimane MP as its Chairperson for the #7thParliament. Mr Maimane is the leader of BOSA. #30YearsofDemocracy #30YearsofDemocraticParliament

The Standing Committee on Appropriations today elected Mr Mmusi Maimane MP as its Chairperson for the #7thParliament. Mr Maimane is the leader of BOSA. #30YearsofDemocracy #30YearsofDemocraticParliament

Finance-Cluster

55,701 просмотров • 1 год назад

The Chairperson of the Standing Committee on Public Accounts (#SCOPA), Songezo Zibi, explains that the committee is currently attending a two-day workshop at the South African Institute of Chartered Accountants (#SAICA) in Cape Town. The training aims to enhance their understanding of financial statements to improve and strengthen oversight of municipalities, government departments, and commercial entities. After this workshop, the committee will be better equipped to engage with the Auditor-General regarding the quality of information needed to exercise oversight effectively.

The Chairperson of the Standing Committee on Public Accounts (#SCOPA), Songezo Zibi, explains that the committee is currently attending a two-day workshop at the South African Institute of Chartered Accountants (#SAICA) in Cape Town. The training aims to enhance their understanding of financial statements to improve and strengthen oversight of municipalities, government departments, and commercial entities. After this workshop, the committee will be better equipped to engage with the Auditor-General regarding the quality of information needed to exercise oversight effectively.

Finance-Cluster

19,615 просмотров • 10 месяцев назад

The Chairperson of the Standing Committee on Public Accounts (#SCOPA), Songezo Zibi gives an overview and introduces a memorandum that requests for a full parliamentary inquiry into financial matters of the Road Accident Fund. #RAF

The Chairperson of the Standing Committee on Public Accounts (#SCOPA), Songezo Zibi gives an overview and introduces a memorandum that requests for a full parliamentary inquiry into financial matters of the Road Accident Fund. #RAF

Finance-Cluster

17,092 просмотров • 11 месяцев назад

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