Finances

Government, parliamentary and legislative information on financial matters, including National Treasury and SARS.

Parliament Gives Green Light to Eskom Money Bills

Parliament

Parliament has passed the Eskom Special Appropriation Bill and sent it to president Zuma for assent.

The bill was tabled at the beginning of June 2015.

SARB Issues Directive on Electronic Money Transfers

South African Reserve Bank

The South African Reserve Bank (SARB) has issued a directive to banks on how electronic fund transfers are to be carried out.

The directive, published in Government Gazette 38894, is based on recommendations drawn up by the Financial Action Task Force (FATF) in 2012.

Eskom Money Bill Sent to NCOP

National Assembly

The National Assembly (NA) has passed the Eskom Special Appropriation Bill and sent it to the National Council of Provinces (NCOP) for concurrence.

The bill was tabled at the beginning of June 2015.

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