Politician Profile Page
Finance Standing Committee
Illicit Financial Flows, Base Erosion & Profit Sharing, Panama Papers: Treasury, SARB, Financial Intelligence Centre, SARS inputs
25 May 2016
This was a joint meeting with the Portfolio Committees of Trade and Industry and Mineral Resources.
National Treasury introduced the presentations. On illicit flows, the difficulty was hard evidence. The media put out a lot of information but it would be helpful if people went directly to the authorities with ...
Trade, Industry and Competition
Industrial Policy Action Plan (IPAP 8); Steel industry: DTI briefing
24 May 2016
The Department of Trade and Industry presented on the Industrial Policy Action Plan (IPAP) of 2016/17 to 2017/18 that focused on the Economic Sectors, Employment and Infrastructure Development Cluster. Emphasis was placed on the fact that industrial policy was not the function of one department, but required collaboration with other ...
Trade, Industry and Competition
National Consumer Tribunal on credit abuses; DTI on inter-departmental coordination on credit abuses
20 May 2016
The National Consumer Tribunal presented on debt rearrangement cases and other cases that it dealt with and how many were to referred by the National Credit Regulator (NCR) and National Consumer Commission (NCC). Also discussed were the filing requirements, staffing and the impact of an increased case load on their ...
Trade, Industry and Competition
Consumer Credit Insurance abuses / interventions, Debt Relief, African Bank; Remote Gambling Private Members Bill [PMB3-15]
13 May 2016
The meeting was attended by the South African Reserve Bank, National Treasury, National Credit Regulator and Financial Services Board.
National Treasury discussed consumer credit and the plethora of charges that went with it, as well as household indebtedness. The 2008 global financial crisis was discussed and its impact on South ...
Trade, Industry and Competition
Delays in approving imported products: briefing by National Regulator of Compulsory Specifications
11 May 2016
The Chief Executive Officer of the National Regulator of Compulsory Specifications (NRCS) expounded on the mandate of the institution, which is to protect consumers and the South African market environment. Regulatory models were used to ensure that products complied with the laid down regulatory requirements. The NRCS Act No 5 ...
Trade, Industry and Competition
Debt forgiveness Programme: briefing by National Credit Regulator
3 May 2016
The Committee met with the National Credit Regulator (NCR) to be briefed on the debt forgiveness programmes. The presentation provided insight on the feasibility of a debt forgiveness programme in South African based on the level of over-indebtedness of consumers and provided research based on a desktop review of a ...
Trade, Industry and Competition
Invest SA One-Stop Shop: briefing by Department of Trade and Industry
20 Apr 2016
The Invest SA One-Stop Shop is a new project within the Department of Trade which will be the focal point of contact in government for all investors to coordinate and facilitate with relevant government departments involved in regulation, registration, permits and licensing.It will shorten and simplify administrative procedures and guidelines ...
Trade, Industry and Competition
Special Economic Zones Implementation; Committee Report on DTI Budget
19 Apr 2016
The Department of Trade and Industry (DTI) introduced the programme for the special economic zones (SEZs), noting that the Minister had asked for a review of the industrial development zones (IDZs) that had concentrated on the coastal areas and ports. This led to the development of a turn-around strategy and ...
Trade, Industry and Competition
Local public procurement colloquium with DTI, Treasury, Department of Public Enterprises, Transnet, General Electric, Bombardier
6 Apr 2016
The Department of Trade and Industry (DTI) briefing focused on procurement levers, the Preferential Procurement Policy Framework Act (PPPFA) reforms, the list of designated sectors, local content highlights, the role of regulation 9.3 for non designated sectors and priority areas for consideration. DTI wanted to use government purchasing power, which ...
Trade, Industry and Competition
National Consumer Tribunal & Companies Tribunal on their 2016 Strategic & Annual Performance Plans
5 Apr 2016
The National Consumer Tribunal (NCT) presented the tribunal’s strategic and annual performance plan (APP), and said that the first goal of the tribunal was the effective and efficient management and adjudication of cases brought before the it. The matters referred to the tribunal were in two categories -- debt rearrangement ...