About UsThe Role of the
National Treasury
The National Treasury is responsible for managing South Africa’s
national government finances. Supporting efficient and sustainable
public financial management is fundamental to the promotion of economic
development, good governance, social progress and a rising standard of
living for all South Africans. The Constitution of the Republic (Chapter
13) mandates the National Treasury to ensure transparency,
accountability and sound financial controls in the management of public
finances.
The National Treasury’s legislative mandate is also
described in the Public Finance Management Act (Chapter 2). The National
Treasury is mandated to promote government’s fiscal policy framework;
to coordinate macroeconomic policy and intergovernmental financial
relations; to manage the budget preparation process; to facilitate the
Division of Revenue Act, which provides for an equitable distribution of
nationally raised revenue between national, provincial and local
government; and to monitor the implementation of provincial budgets.
The National Treasury will also work to ensure that
government meets its deadlines in preparation for hosting a successful
2010 FIFA World Cup, and the associated strengthening of South Africa’s
public transport and communications systems. As mandated by the
executive and Parliament, the National Treasury will continue to support
the optimal allocation and utilisation of financial resources in all
spheres of government to reduce poverty and vulnerability among South
Africa’s most marginalised.
Over the next 10 years National Treasury priorities include
increasing investment in infrastructure and industrial capital;
improving education and skills development to raise productivity;
improving the regulation of markets and public entities; and fighting
poverty and inequality through efficient public service delivery,
expanded employment levels, income support and empowerment.
Documents for Public Comments
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Draft regulation 28 with explanatory memorandum |
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Draft regulation 28 of the Regulations
made under Section 36 of the Pension Funds Act, 1956 |
(113kb) |
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Explanatory memorandum to draft
regulation 28 of the Regulations made under Section 36 of the Pension
Funds Act, 1956 |
(38kb) |
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Extension of due date for public
comments: Draft Preferential Procurement Regulations |
(12kb) |
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Draft Preferential Procurement
Regulations |
(1,107kb) |
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Draft Co-operative Banks Combined
Rules |
(1,841kb) |
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Draft Regulations relating to Tax
Incentives |
(45kb) |
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Media Statement : Taxation Laws
Amendment Bills, 2009: Funnel Finance Schemes |
(40kb) |
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Media Statement : Taxation Laws
Amendment Bills, 2009: Rates, thresholds and urgent matters |
(30kb) |
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Draft Taxation Laws Amendment Bill
2009 |
(179kb) |
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Previous Draft Taxation Laws
Amendment Bill 2009 |
(154kb) |
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Draft Taxation Laws Amendment Bill,
2009: Draft Explanatory Memorandum |
(111kb) |
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Government Gazette 31804 dated 23 January 2009 :
Draft Municipal Budget and Reporting Regulations |
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Fees Payable in Terms of Securities
Services Act, 2004 |
(51kb) |
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Scheduled L Prescribed Fees (Pension
Funcds Act, 1956) |
(88kb) |
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Explanatory Memorandum to the Mineral
and Petroleum Resources Royalty Bill, 2008 |
(178kb) |
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Draft Regulations (co-op banks Act) |
(695kb) |
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Tonnage Tax discussion document |
(897kb) |
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Draft Insurance Laws Amendment Bill
2008 |
(143kb) |
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Draft Insurance Laws Amendment Bill
2008 - Explanatory Summary |
(817kb) |
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Draft Special Pensions Amendment Bill
2008 |
(81kb) |
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Draft General Financial Services Laws
Amendment Bill 2008 |
(154kb) |
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The Future of Micro-insurance
Regulation in South Africa : Discussion Paper |
(613kb) |
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The Future of Micro-insurance
Regulation in South Africa : Press Release |
(38kb) |
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Media Statement : Draft regulations
dealing with commision structures and minimum value protection for
contractual savings products of the Life Insurance Industry |
(41kb) |
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Long Term Insurance : Regulatory
reform paper |
(53kb) |
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Long Term Insurance : Draft
regulations |
(76kb) |
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Draft Taxation Laws Amendment Bills,
2008 : Media Statement : Taxation Laws Amendment Bills, 2008: General
Overview |
(53kb) |
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Draft Taxation Laws Amendment Bills,
2008 : Media Statement : Taxation Laws Amendment Bills, 2008 : Company
Restructuring Measures |
(55kb) |
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Media Statement : Revised Taxation of
distributed profits : Conversion of the Secondary Tax on Companies
(“STC”) to a Shareholders Dividends Tax |
(64kb) |
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Dividends versus return of Capital :
Revising the base for Taxable distributions |
(158kb) |
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VAT, Transfer Duty and Stamp Duty
Acts, 5 Feb 2008 |
(53kb) |
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Draft Environmental Fiscal Reform
Policy Paper 6 April 2006 |
(1,474kb) |
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Reforming the Listed Property
Investment Sector in South Africa discussion paper |
(148kb) |
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Retirement Fund Reform : Discussion
Paper |
(244kb) |
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