Inaccurate reporting regarding submission of financial disclosure forms by national departments and provinces for the 2015/16 financial year

In terms of the Financial Disclosure Framework every designated employee (senior manager) should, not later than 30 April of each year, disclose to the relevant Executive Authority particulars of all her/his registrable interests in respect of the period 1 April of the previous year to 31 March of the year in question.

The Executive Authority must in turn submit copies of the financial disclosure forms to the PSC by 31 May of each year. Therefore, the financial disclosure forms for the 2015/2016 financial year should have been with the PSC by 31 May 2016.

The PSC has noted with concern inaccurate reporting in the media regarding the submission of financial disclosure forms by national departments and provinces for the 2015/16 financial year. Below is the correct statistics regarding the submission of financial disclosures for the 2015/16 financial year.

It is hoped that members of the media will quote the correct statistics when making reference in the various news articles about the 2015/16 submission rate of the financial disclosure forms as at 31 May 2016.

Source: Government of South Africa