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Finance Standing Committee
SARS follow-up: Makwakwa matter; SARS & KPMG report on SARS Intelligence Unit
13 Mar 2018
The Standing Committee on Finance met with the South African Revenue Service (SARS) for a briefing on the Makwakwa matter as well as the SARS and KPMG report on allegations against the SARS Intelligence Unit. KPMG and the Independent Regulatory Board for Auditors (IRBA) were also in attendance.
SARS last ...
Finance Standing Committee
Land Bank 2016/17 Annual Report
7 Mar 2018
2016/17 Annual Reports
The Standing Committee on Finance and the Select Committee on Finance were briefed by the Land Bank on its 2016/17 annual report.
The Land Bank, in placing its financial results in context, highlighted that the agricultural sector was still recovering from the two years of drought, and ...
Finance Standing Committee
Committee Report on 2018/19 Budget
6 Mar 2018
The Standing Committee on Finance together with the Select Committee on Finance met for consideration and adoption of the Fiscal Framework and Revenue Proposals (Budget) Report.
The main highlights of the report was as follows: The Committees noted that this was probably the most difficult and challenging budget presented since ...
Finance Standing Committee
2018 Budget: National Treasury response to public comments
2 Mar 2018
The Standing Committee on Finance and the Select Committee on Finance met to hear National Treasury’s responses to public inputs on the 2018 Budget. Stakeholders including COSATU, the Civil Society Coalition, and Parliament Watch commented on Treasury’s responses.
National Treasury said it received valuable input from stakeholders. The domestic economic ...
Finance Standing Committee
2018 Budget: public hearings
28 Feb 2018
The Standing Committee of Finance and the Select Committee on Finance held public hearings on the 2018 Budget (Fiscal Framework and Revenue Proposals).
The South African Institute of Chartered Accountants (SAICA) acknowledged that during the 2018 Budget presentation, the Minister had reinforced the message of the President in that this ...
Finance Standing Committee
Money Bills Act; Public Investment Corporation Amendment Bill: briefing; Strategy and Programme on Steinhoff Issues
27 Feb 2018
The Committee met for discussions on: the draft framework for a strategy and programme on Steinhoff issues; the Public Investment Corporation (PIC) Amendment Bill; and the Money Bills Amendment Procedure and Related Matters Act.
On the framework for a strategy and programme on Steinhoff issues, the aim was to facilitate ...
Finance Standing Committee
2018 Budget: Parliamentary Budget Office & FFC briefing
27 Feb 2018
The Standing Committee on Finance and Standing Committee on Appropriations, together with the Select Committee on Finance and Select Committee on Appropriations met with the Financial and Fiscal Commission (FFC), and the Parliamentary Budget Office (PBO) for 2018 Budget discussions.
The Financial and Fiscal Commission (FFC) stated that three key ...
Finance Standing Committee
2018 Budget: Treasury briefing; Minister & Deputy Minister of Finance Input
22 Feb 2018
President Cyril Ramaphosa: 2018 State of the Nation Address
The Standing Committee on Finance, Standing Committee on Appropriations, together with the Select Committee on Finance and Select Committee on Appropriations were briefed on the 2018 Budget by the National Treasury in the presence of the Minister of Finance.
The Minister ...
Finance Standing Committee
Pre-Budget briefing by Parliamentary Budget Office
20 Feb 2018
The Standing Committees on Finance and Appropriations, together with the Select Committees on Finance and Appropriations held a pre-budget briefing with the Parliamentary Budget Office.
The Parliamentary Budget Office (PBO) indicated that the state of the nation address (SONA) had paved the way for stakeholders and set an overall positive ...
Finance Standing Committee
Steinhoff International challenges
31 Jan 2018
The Standing Committee on Finance, Standing Committee on Public Accounts and Portfolio Committee on Public Service and Administration held a joint briefing on the Steinhoff crisis together with National Treasury, the South African Reserve Bank (SARB), the Johannesburg Stock Exchange (JSE), the Financial Services Board (FSB), the ...