Public Finance Management Act, 1999

The legislation is expected to be tabled in Parliament in 2027.

The proposed legislation sets out fiscal sustainability as a standard in the Public Finance Management Act.

Instead of a rigid numerical figure, it requires each administration to commit to its own fiscal objectives, consistent with the electoral mandate.

Consolidated government spending is expected to reach 2.43 trillion in the 2026-27 financial year.

To safeguard these gains, government releases draft fiscal anchor legislation for public comment this The legislation is expected to be tabled in Parliament in 2027.

The proposed legislation sets out fiscal sustainability as a standard in the Public Finance Management Act.

Instead of a rigid numerical figure, it requires each administration to commit to its own fiscal objectives, consistent with the electoral mandate.

Consolidated government spending is expected to reach 2.43 trillion in the 2026-27 financial year.

The police commissioner is back at work after his precautionary suspension was lifted by the president last week.

Earlier this year, Masimola was charged with contravening the Public Finance Management Act over a SAPS health services tender awarded to a business belonging to underworld figure Vusikat Majalam.

Last month, the NPA withdrew the charges against Masimola after concluding there were no reasonable prospects of a successful prosecution against him.

Speaking in Pretoria this morning, Masimola expressed his gratitude to President Sirama Posa for his decision to lift the precautionary suspension.

The presidency confirmed this morning that Fannie Masemola will be back behind his desk on Monday.

Masemola had been on precautionary suspension after he was charged with contravening the Public Finance Management Act.

He was accused of failing in his oversight duties in connection with a controversial contract for police health services that was awarded by a company owned by fraud and corruption-accused businessman, Vusi Kat Matlala.

Last month, the NPA withdrew the charges a-a-a-against Masemola after concluding there were no reasonable prospects of a successful prosecution against the top cop.

He will return to his full duties on Monday after the president uplifted his suspension.

Masemola was charged with contravening the Public Finance Management Act in connection with the controversial Medicare 24 tent- tender belonging to alleged crime boss Vusi Cat Madlam.

The NPA withdrew the charges against the National Police Commissioner last month after concluding there were no reasonable prospects for successful prosecution against him.

Here's presidency spokesperson Vincent Magwenya.

President Cyril Rama Posa lifted National Police Commissioner Fannie Masai Mola, precautionary suspension, a story carried across Cape Talk, Power FM, 947 and Kaya 959.

Masai Mola was suspended in April after being charged with contravening the Public Finance Management Act.

The charges were linked to the 360 million rand police tender involving Vusimuzi cat Matlala, and prosecutors withdrew them last month.

The presidency said Ra Mapusa welcomed his return and thanked Acting Commissioner Lieutenant General Buleng Dimpan.

Fani Masamora will return to office this Monday morning as the country's reinstated National Police Commissioner, President Cyril Ramaphosa, lifted his suspension this past Friday.

As News24's Nicole McCain reports, the charge brought against the top cop for allegedly breaking Public Finance Management Act regulations was withdrawn by a Pretoria court just last month.

This, all in connection with Masamora's alleged failures to intervene in Wusimusi Katmatlala's controversial but now cancelled SAPS health services tender.

The Independent Directorate Against Corruption, otherwise known as IDAC, led this charge.