Politician Profile Page
NCOP Appropriations
2014 Division of Revenue Bill: negotiating mandates
11 Nov 2014
The Committee considered negotiating mandates from provinces on the 2014 Division of Revenue Bill. Support for the Bill was unanimous amongst the nine provinces. There were however some provinces which had made some recommendations. For example The Northern Cape Province had noted that no additional funding to provinces had been ...
Finance Standing Committee
Revised Fiscal Framework : Consideration and Adoption of Committee Report
30 Oct 2014
The Standing Committee on Finance and the Select Committee on Finance met to consider and adopt the of Committee Report on the Revised Fiscal Framework. Members debated the phraseology of some sections of the report and debated whether the report was an accurate reflection of what other input had been ...
NCOP Trade & Industry, Economic Development, Small Business, Tourism, Employment & Labour
Department of Trade and Industry 2013/14 Annual Report to the NCOP
29 Oct 2014
The Department of Trade and Industry noted it received a financially unqualified audit opinion from the Auditor-General South Africa (AGSA) for the 2013/14 financial year.
DTI noted key achievements against planned targets for 2013/14 in each of its five clusters: Industrial development; Trade, Investment and Exports; Broadening participation; Regulation; Administration ...
Standing Committee on Appropriations
2014 Medium Term Budget Policy Statement: Financial and Fiscal Commission & Parliamentary Budget Office briefings
29 Oct 2014
The Joint Meeting of the Standing and Select Committees on Appropriations heard briefings from the Financial and Fiscal Commission and the Parliamentary Budget Office on the Medium Term Budget Policy Statement (MTBPS) 2014.
The Financial and Fiscal Commission gave an overall assessment of the MTBPS. It covered the consolidated fiscal ...
Finance Standing Committee
Revised Fiscal Framework: public hearings
28 Oct 2014
A joint meeting of the Standing and Select Committees on Finance heard briefings from the Financial and Fiscal Commission (FFC), the Parliamentary Budget Office (PBO), and the SA Reserve Bank (SARB) on the revised fiscal framework.
The Financial and Fiscal Commission (FFC) presentation gave an overview of the Medium Term ...
Standing Committee on Appropriations
2014 Adjustment Appropriations Bill; Division of Revenue Amendment Bill: briefing
24 Oct 2014
National Treasury presented the 2014 Adjustment Appropriations Bill. Section 30(2) of the Public Finance Management Ac states that the adjustments budget may provide for significant and unforeseeable economic and financial events affecting the fiscal targets and other unforeseeable circumstances. Adjustments were made to accommodate those government departments that were reconfigured ...
NCOP Finance
Development Bank of Southern Africa Amendment Bill: National Treasury briefing
21 Oct 2014
The National Treasury briefed the Committee on the Development Bank of Southern Africa (DBSA) Amendment Bill (B 2 of 2014).The presentation focused on the background and post-restructuring period of DBSA, the main objects of the Amendment Bill, the process of introducing the Bill in Parliament and the clause-by-clause discussion of ...
NCOP Finance
National Treasury and South African Revenue Service on International Tax Agreements
17 Sep 2014
The Select Committee on Finance was briefed by the South African Revenue Service (SARS) on 14 International agreements for consideration and adoption by the Committee. The International Agreements were as follows: Protocol amending the Agreement between the Government of the Republic of South Africa and the Republic of Turkey; African ...
Finance Standing Committee
Processing of Medium Term Budget Policy Statement: input from National Treasury, FFC and Parliamentary Budget Office
16 Sep 2014
The Joint Meeting of the Standing and Select Committees on Finance and the Standing and Select Committees on Appropriations heard briefings from the Parliamentary Budget Office (PBO), the Financial and Fiscal Commission (FFC) and National Treasury.
The Parliamentary Budget Office (PBO) presentation covered the legislative mandate of the Medium Term ...
NCOP Finance
International Tax Agreements: overview by National Treasury and SARS
27 Aug 2014
The Select Committee on Finance were briefed on international tax agreements by South African Revenue Service and the National Treasury. The purpose was to give insight into the details of the different types of tax agreements such as Double Taxation Agreements (DTAs), Tax Information Exchange Agreements (TIEAs) and Multilateral Conventions ...