2019 2019 Annual Submission

2021/22 Submission for the Division of Revenue

Under the theme of “Sustainable Financing of Social and Economic Infrastructure and Services”, this Submission begins the conversation about the implications of Covid-19 for public finances. The most immediate impact on the macro-economic and fiscal framework is the substantial overall increase in government spending on health care and social protection, in particular for the most vulnerable of society. Therefore, in light of the current human, health and economic crisis levels, the Submission begins with an overview of South Africa’s pre-Covid-19 economic structure and a brief analysis of economic data for the first quarter of 2020. It then considers the fiscal implications of Covid-19, and looks at agriculture and food security, and the catalytic role of municipal services of water, electricity and sanitation.
Among the structural weaknesses exposed by the Covid-19 pandemic are the imbalances within the health care system. To this end, and given South Africa’s human development index, the Commission seeks to address structural challenges of health care financing, by proposing an evidence-based approach to pricing and costing health care, and reviewing the implications of the legislative reform for ensuring universal access of health care through the National Health Insurance (NHI) Bill of 2019 in South Africa. Lastly, the Commission examines the challenges that already exist in public family and community welfare services, which are targeted at the most vulnerable and yet are inadequately funded, in particular early childhood development and inclusive education. 

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FFC Fraud Hotline

Fraud, corruption and general irregularities are an increasing problem in South Africa. Too often, it is undetected or goes unreported, resulting in financial losses to organisations and institutions, eventually to the detriment of employees, the public, Government Departments and to the State in general.

The Financial and Fiscal Commission (FFC) is no different. Whilst we are committed to conducting our business ethically with honesty and integrity, we can only rely on our stakeholders to report actions to the contrary. For this reason, we encourage the public and all stakeholders, to report anonymously any suspected fraudulent activities, corrupt practices, unethical conduct and general irregularities pertaining to the FFC.

Please send your reports and tipoffs by clicking on the button below, which will send an anonymous e-mail.

 Stop Fraud

Policy Brief 11 - Potential Financing Options for Large Cities

In South Africa large cities face a myriad of challenges including rapid urbanisation, poverty, inequality, unemployment and huge infrastructure needs. Although these are not unique to large cities, the
magnitude of the challenges in large cities is greater and is increasingly becoming a major risk to the socioeconomic development of the country. The ability of cities to deal with these challenges depends, to a large extent, on their ability to generate more of their own revenues. As transfers and own revenues for large cities are heavily constrained, it is critical that cities leverage non-traditional and other innovative financing mechanisms. This policy brief summarises the findings of a study that evaluated different non-traditional revenues sources for South Africa’s large cities. Findings from the study suggest different options to enhance borrowing for large cities as well as strategies to improve public private partnership (PPP) deal flows in large cities. In addition, the study brings to the fore the value of land value capture mechanisms.

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2018 19 Annual Report

2018/19 Annual Report

The Annual Report is presented in terms of the provisions of Section 222 of the Constitution 1996, sections 40 and 65 of the Public Finance Management Act, 1999 (Act No. 1 of 1999) (PFMA) (as amended) and section 26 of the Financial and Fiscal Commission Act, 1997 (Act No. 99 of 1997) (as amended). During the year under review the Commission fulfilled its mandate as a constitutional body in promoting a sustainable and equitable intergovernmental fiscal relations system. The Commission ensured timeous delivery of its constitutional and legislative submissions through tabling in parliament: Division of Revenue; Response to the Medium Term Budget Policy Statement (MTBPS); Response to the Division of Revenue Bill(DoRB); Appropriation Bill; and Response to the Fiscal Framework and Revenue Proposals.

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[picture: Krish Kumar] Mr Krish Kumar, Commissioner (1 March 2013–28 February 2018) Mr Krish Kumar commenced work as a Trainee Accountant with the erstwhile Durban City Council in 1981 and progressed through the ranks to become City Treasurer of the North and South Central Local Councils in 1997. In addition, in 1999 he was appointed City Treasurer of the Durban Metropolitan Council and in 2001 Deputy City Manager: Treasury. Krish is a member of the South African Local Government Association’s (SALGA) finance working group, Fellow (and past President) of the Institute of Municipal Finance Officers (IMFO), Chairperson of the Municipal Chief Financial Officers (CFO) Forum and has served two terms as a member of the Accounting Standards Board. He holds a Master of Administration degree from the University of KwaZulu-Natal.


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