Bugdet in focus

MEC Bonakele Majuba

Budget in Focus

The Member of the Executive Council (MEC) for Finance is mandated by section 27(2) of the Public Finance Management Act (PFMA, 1999) to table the annual Budget for the Provincial Administration to the Provincial Legislature. The Mpumalanga Appropriations Bill is among the budget documents submitted during this process.

The Appropriation Bill is a critical legislative measure that facilitates the withdrawal of funds from the Provincial Revenue Fund (PRF) while also allowing for the allocation of resources received from the national fiscus to fulfil the diverse needs of the Province.

Accompanying this is the Estimates of Provincial Revenue and Expenditure (EPRE book), a comprehensive budget document that delineates anticipated provincial income and the planned expenditure across all provincial departments for the forthcoming year.

In addition to preparing the provincial budget, the Provincial Treasury plays a vital role in ensuring that departments are equipped and trained to effectively implement budget reforms. The Department monitors the execution of the provincial budget, all with a focus on enhancing the welfare of the people of Mpumalanga.

Adjustments budget addresses housing inequality

MEC Bonakele Majuba tabled a second provincial adjustments budget that eaccess access to housing and related infrastructure in the province on Wednesday. The adjustments budget saw the budget of the department of human settlements for the year ending 31 March 2025 increased by R250 million.

“This adjustment budget demonstrates our commitment to the programmes supported by this Legislature when we presented our Annual Performance Plans at the start of the seventh administration. It is a spending plan that helps the provincial government continue reducing housing inequality and contributing to the progressive attainment of the overall socio-economic development objectives of the state,” said MEC Majuba.

The Provincial Department of Human Settlements has consistently spent well, resulting in the reallocation of funds from another province to accelerate the delivery of housing projects and related infrastructure in Mpumalanga.

Pay service provider, MEC urges departments

The MEC for Finance, Mr Bonakele Majuba has appealed to departments to pay services providers before the end of the month.

Addressing the provincial legislature on the occasion of tabling of the second Provincial Adjustments Appropriations Bill on Wednesday, 5 March 2025, MEC said all invoices must be settled with out delay.

“We have already issued a circular to all departments to ensure that all valid invoices for services rendered this year must be processed before the end of this month”, said MEC Majuba.

As the financial year draw closer, it was also an opportune moment to remind the departments to ensure accountability on the use of public resources.

“We appeal to all departments to ensure that every rand and cent is accounted for at the end of this financial year,” he emphasised.

The second adjustments budget for the 2024/25 financial year increased the total provincial budget from R62.9 billion to R63.1 billion.

MEC is expected to table the provincial budget for the new financial year later this month.

Vision

Leading in innovation and service excellence.

Mission

Enhance fiscal discipline, accountability and effective governance in PFMA and MFMA institutions through: capable and professional workforce; inter-governmental collaboration; sustainable funding and equitable allocation and prudent financial management