Finance Standing Committee
Steinhoff matter: Ben le Grange
29 Aug 2018
Former Steinhoff CFO to testify before Parliament
The Standing Committees on Finance; the Standing Committee on Public Accounts (Scopa); the Portfolio Committees on Trade and Industry and; the Portfolio Committee on Public Service and Administration had a 10-hour oversight meeting on Steinhoff matters on Wednesday. The meeting included the Steinhoff ...
Trade, Industry and Competition
SABS administration; National Credit Amendment Bill: outstanding clauses
29 Aug 2018
The Portfolio Committee met with the recently appointed Administrators of the South African Bureau of Standards (SABS) for a briefing on the current state of affairs at SABS. The Committee then completed the clause-by-clause reading of the National Credit Amendment Act.
The Minister of Trade and Industry had appointed three ...
Trade, Industry and Competition
'Debt Intervention' National Credit Amendment Bill: clause-by-clause reading
28 Aug 2018
Before the clause-by-clause reading could begin, the Senior Legal Advisor took the Committee through proposed changes by National Treasury:
• Clause 19: Rather than an outright statement which would make credit life insurance mandatory, it should be made subject to regulations being prescribed. It was better to give flexibility to ...
Trade, Industry and Competition
Copyright Amendment Bill: deliberations on revised clauses
22 Aug 2018
As the Committee had had several meetings to discuss the public submissions and the response from the Department and the Committee, the Chairperson said it was time to consolidate the Committee’s position on the Copyright Amendment Bill. Despite her request for full attendance, there were still Members who were not ...
Trade, Industry and Competition
Copyright Amendment Bill: response to public submissions
21 Aug 2018
The Department of Trade and Industry, assisted by a Senior Parliamentary Legal Advisor, led the Committee through some of the challenges that had surfaced during the analysis of the wide-ranging public responses to the advertisement of new clauses for comment in the Copyright Amendment Bill.
Due to a number of ...
Trade, Industry and Competition
National Credit Amendment Bill; Tripartite Free Trade Agreement
21 Aug 2018
The Department of Trade and Industry highlighted the potential opportunities and threats of the COMESA-EAC-SADC Tripartite Free Trade Area, and suggested ways in which such threats could be mitigated. The presentation was intended to address concerns previously raised by Committee Members. The briefing also focused on implementation of the agreement, ...
Trade, Industry and Competition
'Debt Intervention' National Credit Amendment Bill; ITAC confidentiality request: legal opinion
15 Aug 2018
Parliamentary Legal Services had been requested to provide an opinion on whether the International Trade Administration Commission of South Africa could present information on sugar tariffs in an open meeting of Parliament or whether it was a confidential matter and had to be closed to the public. Section 29 of ...
Trade, Industry and Competition
Copyright Amendment Bill: deliberations
15 Aug 2018
The Portfolio Committee on Trade and Industry met to hear the completion of the report back by the Department of Trade and Industry on its responses to the public submissions on additional clauses in the Copyright Amendment Bill. In addition, the parliamentary Legal Advisor would be responding to the public ...
Trade, Industry and Competition
Copyright Amendment Bill: deliberations
14 Aug 2018
The Committee met to receive information on the 50 public submissions on the additional clauses inserted in the Copyright Amendment Bill. The Department of Trade and Industry presented its responses to issues raised in the submissions.
The Committee had not expected the volume of comment that the clauses had attracted ...
Trade, Industry and Competition
‘Debt Intervention’ National Credit Amendment Bill: editing changes
14 Aug 2018
Documents handed out: National Credit Amendment Bill: editing changes (awaited)
The Committee met to deliberate on final details in the National Credit Amendment Bill before instructing the Senior Legal Advisor to prepare the final draft for clause-by-clause deliberations.
The Chairperson addressed the matter of the Employment Creation Fund raised at ...