Question NW184 to the Minister of Finance

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25 February 2022 - NW184

Profile picture: Kopane, Ms SP

Kopane, Ms SP to ask the Minister of Finance

(a) What number of supplier invoices currently remain unpaid by (i) the National Treasury and (ii) each entity reporting to him for more than (aa) 30 days, (bb) 60 days, (cc) 90 days and (dd) 120 days, (b) what is the total amount outstanding in each case and (c) by what date is it envisaged that the outstanding amounts will be settled?

Reply:

NATIONAL TREASURY

(a)(i)(aa)

(a)(i)(bb)

(a)(i)(cc)

(a)(i)(dd)

(b)

(c)

5 Supplier invoices

Nil

Nil

Nil

R9 228,78

Before end of February 2022

       

R9 228,78

 
       

R9 228,78

 
       

R9 228,78

 
       

R758 540,00

 

INDEPENDENT REGULATORY BOARD FOR AUDITORS

As at 11 February 2022 the IRBA is not aware of any invoice older than 30 days due for payment.

OFFICE OF THE TAX OMBUD

a) What number of supplier invoices currently remain unpaid each entity reporting to him for more than

(aa) 30 days, - None

(bb) 60 days, - None

(cc) 90 days - None

(dd) 120 days – None

(b) what is the total amount outstanding in each case - None

(c) by what date is it envisaged that the outstanding amounts will be settled? - None

GTAC

a) What number of supplier invoices currently remain unpaid by entity reporting to NT entity (GTAC)

Question no

No of invoices

aa) 30 days

0

bb) 60 days

0

cc) 90 days

0

dd) 120 days

0

b) what is the total amount outstanding in each case? Zero amount

c) by what date is it envisaged that the outstanding amounts will be settled? No applicable

GOVERNMENT EMPLOYEES PENSION FUND (GEPF)

The details of unpaid supplier invoices are listed below:

Number of unpaid invoices

30 days

60 days

90 days

120 days

Date to be paid

16

R1 300 729

R 2 450

R1 026 375

N/A

24 Feb 2022

Total Payable Amount R 2 329 554

ACCOUNTING STANDARDS BOARD

We have no unpaid invoices exceeding 30 days or more.

OFFICE OF THE OMBUD FOR FINANCIAL SERVICES PROVIDERS (FAIS OMBUD)

The following table provides the information as requested relating to the amounts outstanding to suppliers based on their aging.

No

Description

Current

1 to 30 days

31 to 60 days

61 to 90 days

Over 90 days

Total outstanding

1

Total outstanding

-

-

644,39

5 000,00

6 974,21

12 618,60

2

Number of suppliers

0

0

1

1

2

4

Refer to legends below

   

*

**

***

 
               

 

Legends

*

The Office is awaiting the credit note of R644,39 from the supplier in order to remove the balance from the aging report. The adjustment of the insurance policy has given rise to the credit note.

**

The Office is awaiting the credit note of R5,000.00 from the supplier in order for the account balance to be corrected. The disposal of an asset resulted in the adjustment of the insurance policy which has given rise to the credit note.

***

An amount of R400,00 is owed to a supplier. However, given the inability to contact the supplier, it may seem that the supplier is no longer trading. Once confirmation of this is received, the financial records will be adjusted accordingly.

The remaining amount is still in dispute with the supplier and payment will be effected once the matter has been resolved between the office and the supplier. The dispute relates to the non-delivery of certain goods.

Of the R12,618.60 reflected in our records, a total amount of R5,644.39 relate to credit notes that need to be received and processed. Therefore, this amount is not actually owed to suppliers. The remaining amount of R6,974.21 relating to two suppliers will be paid over to the suppliers once the dispute is resolved with the one supplier and the existence of the other supplier is confirmed.

FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA)

(aa) 30 days,

Answer: None

(bb) 60 days,

Answer: One

(cc) 90 days,

Answer: None

(dd) 120 days,

Answer: two

a) what is the total amount outstanding in each case

Answer: over 30 Days R25,000.00 and over 120 Days R16,165.00

Total outstanding; R41,165.00

b) by what date is it envisaged that the outstanding amounts will be settled?

Answer: Invoices under query with the service providers, envisaged to be resolved and paid within the next 30 days.

LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA

As at end 31 January 2022 Land Bank had 123 invoices owed to 85 vendors. All invoices were settled in February 2022.

As at 16 February 2022 the following remains outstanding and is envisaged to be paid by 28 February 2022.

aa) 30 days – 3 Invoices owed to 3 vendors amounting to R332 372.64

bb) 60 days – 1 invoice owed to 1 vendor amounting to R7 436.54

cc) 90 days – no invoices outstanding

dd) 120 days – 1 invoice outstanding owed to 1 vendor for the amount of R304 200.00

GOVERNMENT PENSIONS ADMINISTRATION AGENCY (GPAA)

The Government Pensions Administration Agency (GPAA) has a 99% rate on paying invoices on or before 30 days, see the below response:

1. 30 days, No outstanding supplier’s invoices on this period.

2. 60 days, No outstanding supplier’s invoices on this period.

3. 90 days, Two unpaid invoices valued at R206 634.00

One matter valued at R203 034.00 are subject to a dispute. The supplier did not complete the building renovations and payment is subject to the resolution of the dispute.

The other, an amount of R3 600.00 was retuned by the bank due to incorrect banking details. The service provider has been engaged to provide the correct banking details and should be resolved shortly.

DEVELOPMENT BANK OF SOUTHERN AFRICA (DBSA)

(a)& (b)

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c) the amounts outstanding will be settled within the next 30 days.

SASRIA SOC LTD

The table below depicts the number of supplier invoices currently remain unpaid by Sasria, the total amount outstanding and the envisaged settlement date:

CO-OPERATIVE BANKS DEVELOPMENT AGENCY (CBDA)

The CBDA does not have invoices that have not been paid for more than 30 days. A monitoring tool is implemented to track the invoices received as well as ensure that any query or dispute is resolved within 30 days of receipt.

PUBLIC INVESTMENT CORPORATION

There are no supplier invoices outstanding for more than 30 days.

The rest of the questions fall away.

SOUTH AFRICAN REVENUE SERVICE (SARS)

South African Revenue Service – Outstanding payments

 

(aa) more than 30 days

(bb) more 60 days

(cc & dd) more than 90 days)

(a) Number of invoices

44

32

62

(b) Total amount outstanding

R1,682,119.93

R 2,987,788.79

R 4,183,355.50

(c) By what date is it envisaged that the outstanding amounts will be settled

The population outstanding invoices relates to 16 creditors that is currently under investigation to determine reason for non-payment and will be resolved by 28 February 2022 through either payment or requesting credit notes from service providers/suppliers if not valid goods or services. Internal communications have been issued to remind all SARS employees of timeous payment of invoices in April 2021 as per Treasury Regulations and related instruction notes and a follow up internal communication in terms of attracting interest on late account and the related consequences in terms of the Fruitless and wasteful expenditure framework was issued on 11 February 2022 reminding employees of the importance to pay service providers/suppliers on time.

FINANCIAL INTELLIGENCE CENTRE (FIC)

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OFFICE OF THE PENSION FUNDS ADJUDICATOR (OPFA)

As at 17 February 2022, the OPFA has no unpaid invoices older than 30 days.

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