Politician Profile Page
Trade, Industry and Competition
National Credit Regulator meeting follow-up, Committee Oversight Reports; 2nd Quarter Committee Programme
16 Mar 2016
As the first item on the agenda, the Chairperson tabled notes from the meeting on 15 March 2016 with the National Credit Regulator (NCR) and took Members through some of the conclusions. It was felt that “borrowers” would be a better word to use than “consumers”. Members raised the point ...
Trade, Industry and Competition
National Credit Regulator 3rd quarter performance & 2016 Annual Performance Plan; Remote Gambling Bill process
15 Mar 2016
The Remote Gambling Bill was until recently being dealt with in a subcommittee of the Portfolio Committee. However, the subcommittee was not being attended by members regularly and had only met twice this year and the Chairperson had therefore brought it back to the main Committee to be dealt with ...
Trade, Industry and Competition
National Gambling Policy; National Gambling Board 2016 Plans & 3rd Quarter 2015 performance; National Credit Act regulations
9 Mar 2016
Missing Doc: National Gambling Policy: Final (November 2015) [emai info@pmg.org.za]
The Chairperson noted that the Committee is unhappy with the caps put in place on interest rates in the National Credit Act regulations due to become active on 13 March, plus it lacks policy on old debt. The clause ...
Trade, Industry and Competition
National Metrology Institute & National Empowerment Fund on 3rd Quarter 2015/16 performance
1 Mar 2016
The National Metrology Institute of South Africa (NMISA), gave a presentation on the third quarter financial and non-financial performance, which included the overall achievements to date against annual targets. NMISA was described as “an Institute that measures what matters, and what can be managed”. Its role is to manage the ...
Trade, Industry and Competition
Broad-Based Black Economic Empowerment Commission on its establishment and progress
24 Feb 2016
Ms Zodwa Ntuli, Acting Commissioner for the BBBEE Commission, gave a presentation on the progress made in the establishment of the BBBEE Commission. She gave an overview of the legislation governing BBBEE and the challenges that were met in terms of implementation since its inception, and the ways in which ...
Trade, Industry and Competition
Trade Negotiations: status report; Trade Facilitation Agreement in Protocol amending Marrakesh Agreement establishing WTO
17 Feb 2016
DTI’s International Trade and Economic Development Division of the Department of Trade and Industry gave a briefing on its approach to trade negotiations and a status report on the South African Customs Union (SACU); Southern African Development Community (SADC) Trade Protocol; SADC Trade in Services; Tripartite Free Trade Agreement (TFTA); ...
Trade, Industry and Competition
Incentive schemes performance: DTI briefing
16 Feb 2016
In a joint meeting with the Portfolio Committee on Economic Development, the Incentive Development and Administration Division (IDAD) of the Department of Trade and Industry presented on the objectives of industry support, the principles which guide incentive design and administration and an overview of its 14 incentive programmes within its ...
Trade, Industry and Competition
Black Industrialists Policy (BIP); Special Economic Zone (SEZ) regulations
10 Feb 2016
The Black Industrialist Policy (BIP) aimed at expanding the base of industrialists from the current small base of predominantly White industrialists. Black industrialists had to contend with obstacles related to limited access to finance, markets and contracts. Participation of Black industrialists in the economy was to be accelerated. Eligible Black ...
Trade, Industry and Competition
Draft Credit Life Insurance Regulations; Review of Limitations on Fees and Interest Rates Regulations; National Credit Amendment Act Regulations: briefing
9 Feb 2016
The Department of Trade and Industry briefed the Committee on the National Credit Amendment Act regulations and the prescription of a threshold for all credit providers. The implementation of the National Credit Amendment Act would make a huge impact in the reduction of over indebtedness and protect the rights of ...
Trade, Industry and Competition
WTO Decision on Implementation of Paragraph 6 of DOHA Declaration on TRIPS Agreement and Public Health
24 Nov 2015
The meeting was for the deliberation of Paragraph 6 of theDoha Declaration on the Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement and Public Health. The agreement on (TRIPS) was an international agreement administered by the World Trade Organisation (WTO). The key flexibility provided by the TRIPS agreement was ...