Politician Profile Page
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
National Credit Regulator on comparative studies into debt forgiveness; Remote Gambling Bill [PMB3-2015]: deliberations
4 May 2016
The Committee was briefed by the National Credit Regulator (NCR), with members of the National Gambling Board (NGB) and the Department of Trade and Industry also present in the meeting. The NGB noted that it would be requesting support for new legislation to extend its powers to operate more effectively ...
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
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
Revitalisation of industrial parks programme: briefing; Budget Vote 34: Trade and Industry: Parliamentary Budget Office briefing
12 Apr 2016
The Department of Trade and Industry (DTI) told the Portfolio Committee that a structured programme had been developed for the revitalisation of industrial parks, and ten had been identified for this purpose. Strategic partnerships between the Department and other stakeholders were being formed to assist with the implementation of the ...
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 ...
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 ...