Sound financial management is regarded as key in any municipal organisation in South Africa. The Municipal Finance Management Act, 2013 (Act 56 of 2003), mandates both National and Provincial Treasuries to build the capacity of municipalities for efficient, effective and transparent utilization of resources underpinned by sound financial management..

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North West departments and public entities submit annual financial statements.

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Click below to access the Departmental Budget Speech by Mec Paul Sebegoe.

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With few months to go before the realisation of clean audit project, the department of finance is committed to ensure that proper intervention measures are put in place to assist provincial departments, municipalities and entities to achieve the envisaged 2014 clean audit..

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In an effort to improve service delivery and job creation, the department of finance has beefed up its organisational structure by appointing competent and sufficiently skilled personnel in key positions..

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The department of Finance Municipal Financial Improvement Support Programme (MFISP), a phased approach which was launched last year to assist struggling municipalities has begun to pay dividends in terms of the desired outcome.

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MEC for Finance Paul Sebegoe called mayors, councillors in Bojanala District to support initiatives put in place to address service delivery challenges and to provide political leadership in their respective municipalities.

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The MEC for Finance Paul Sebegoe has today allocated a huge chunk of the province’s 2013/14 budget to the social cluster which comprises of the departments of education, health and social development.

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Click below to access the Provincial Budget Speech by Mec Paul Sebegoe.

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The MEC for Finance Paul Sebegoe has today allocated a huge chunk of the province’s 2013/14 budget to the social cluster which comprises of the departments of education, health and social development.

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In delivering R28 billion provincial budget today at the North West Provincial Legislature, the MEC for Finance Paul Sebegoe made a call for public private partnership to stimulate economic growth, create jobs and reduce unemployment.

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The North West MEC for Finance Paul Sebegoe said in response to the non spending pattern of infrastructure by provinces, measures to curb the hiccup have been put in place.

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The North West MEC for Finance Paul Sebegoe announces that the internal disciplinary process of the suspended Head of Department, Mr Johannes Mohlala has been concluded. Mr Mohlala has been found guilty and has been accordingly dismissed.

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Mid Term Budget Review is an important juncture in the MTEF Budget Cycle, as it provides us with ample opportunity to reflect on expenditure performance and patterns by government departments and institutions over the last six”(6) months and accordingly, make necessary budget expenditure projections for the remaining period of the financial year, to strength and consolidate our efforts towards effective ‘Planning and Reprioritization’ in order to meet the service delivery needs of our people.

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MEC for Finance, Paul Sebegoe, will table the 2012/13 Provincial Mid-Term Adjustment

Budget as follows:
DATE : 27 NOVEMBER 2012
TIME : 09:00am
VENUE : NW PROVINCIAL LEGISLATURE

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Rustenburg: The intervention by the departments of Finance and Local Government and Traditional Affairs to offer support and oversight functions to municipalities has begun to yield positive results. In what could be described as a significant milestone in the province, all provincial municipalities have met the deadline of 31 August and submitted their annual financial statement to the auditor general for audit purpose. This includes outstanding statements for previous financial years. .....Read more

Mafikeng: The department of Finance held a two day session on 20 and 21 August with municipalities to check progress registered on the implementation of the first phase of Municipal Management Improvement Programme. The project, which was launched on the 21st June this year, is intended at assisting municipalities to regain clean financial governance abilities. .....Read more

The MEC for Finance Paul Sebegoe calls on community members to expose corrupt government officials who demand bribes from service providers before they can assist them. This follows allegations by an anonymous caller who participated on Motsweding FM morning drive show complaining about an official from his department who allegedly demanded money from a service provider in order to register him on the provincial government suppliers' database. .....Read more

The MEC for Finance Paul Sebegoe yesterday brought smiles and jubilation to learners in three schools in Koffiekraal, a rural village in Moses Kotane municipality when he donated school uniforms and shoes to about 150 needy learners. The donation was the departmental contribution towards the International Mandela Day, which was celebrated recently......Read more

Rustenburg: The MEC for Finance Paul Sebegoe today launched Municipal Financial Improvement plan that aims at providing support to municipalities that struggle with financial management......Read more

North West Finance MEC Paul Sebegoe has announced that following the
recent signing of the memorandum of understanding with the Department of Local Government andTraditional Affairs, the two departments will work
closely to assist struggling municipalities in the province to prudently managetheir financial affairs in order to deliver quality services to communities......Read more

Budget Speech for the department of Finance presented at the Provincial Legislature on the 17th of May 2012 by the Member of the Executive Council (MEC) Paul Mosetlha Sebegoe .....Read more

North West Finance MEC Paul Sebegoe today announced that following recent signing of memorandum of understanding with the department of Local Government and Traditional Affairs, the two departments will work closely to assist struggling municipalities in the province to prudently manage their financial affairs in order to deliver quality services to communities. .....Read more

The MEC for Finance Paul Sebegoe told the provincial legislature that his department aims to transform financial management in the province and this will ensure that government effectively manages challenges of poverty, unemployment and job creation and the realisation of clean audit 2014. .....Read more

The MEC for Finace Mr Paul Sebegoe today revealed in his budget speech the establishment of a unit that will deal with the problems surrounding 30 days turnaround time to improve payment to suppliers. ....Read more

The MEC for Finance Paul Sebegoe will table the departmental policy statement and budget vote speech on 17 May 2012 before the North West Provincial Legislature. .....Read more

The Department of Finance sealed an agreement on April 25 with First National Bank (FNB) and Afriglobal Consulting Services towards advancing education of learners from disadvantaged backgrounds. .....Read more

The MEC for Finance Ms Louisa Mabe has promised political support to the North West Gambling Board’s effort to eradicate illegal gambling in the province. Mabe said this during the destruction of over a 1000 confiscated illegal gambling machines at a scrap yard in Klerksdorp .....Read more

Just after the memorial service for the late Ivy Molefe which was held at Mmabatho Convention Center today, North West Finance MEC Louisa Mabe visited the spot where her remains were found. MEC Mabe was accompanied by Reverends Mbambo and Tlhabanyane including members of the South African Police Force (SAPF). .   ........Read more

North West Finance MEC Louisa Mabe is happy with a sigh of relief that the suspects in the murder case of Ms Ivy Molefe have finally been arrested.
The four suspects, two men and two women were arrested over the weekend and appeared at the Molopo Magistrate Court today.   ........Read more

Honourable Speaker, it is my honour to privilege to introduce the 2012 budget to the Legislature. This budget has been crafted during the stormy and hazardous global economic environment that will remain with us for some considerable period of time. This unstable environment needs to be
approached with resilience and not despair.   ........Read more

Honourable speaker

It is my privilege to introduce the third budget of President Zuma’s administration. Mister President, you have given us a clear and historic challenge to “write a new story about South Africa – the story of how, working together, we drove back unemployment and reduced economic inequality and poverty.”  ........Read more

Honourable Speaker
On January 8th 2012, the African National Congress (ANC)
celebrated its 100th anniversary, marking a century of proud, tireless
and selfless struggle to advance the cause of freedom for all our
people..   ........Read more

State of the Nation Address By His Excellency Jacob G Zuma, President of the Republic of South Africa on the occasion of the Joint Sitting of Parliament, Cape Town  ........Read more