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Finance Standing Committee
Nugent Commission recommendations: progress report by SARS
17 Sep 2019
Nugent Commission of Inquiry into SARS: interim findings and recommendations
The Committee was told that it would take two years to undo the damage done by the “massive failure of governance” as described by the Nugent Commission, under the former SARS Commissioner.
Treasury Deputy Director General Ismail Momoniat said both ...
Finance Standing Committee
South African Reserve Bank & Prudential Authority on 2018/19 Annual Reports
11 Sep 2019
The Committee met with the South African Reserve Bank (SARB) and the Prudential Authority (PA) for a briefing on their 2018/19 annual reports.
The Reserve Bank, in presentation, warned that risks to the SA Reserve Bank’s growth forecasts are on the downside because of uncertainty over global growth. The Bank ...
Finance Standing Committee
Steinhoff Investigation update
4 Sep 2019
Steinhoff Latest Results
Steinhoff follow-up, with DPSA Minister present – 19 March 2019
Steinhoff matters: Mr Markus Jooste – 5 September 2018
Steinhoff matter: Ben le Grange – 29 August 2018
Steinhoff: follow-up meeting – 28 March 2018
Steinhoff International challenges – 31 January 2018
The Standing Committees on ...
Finance Standing Committee
Induction Workshop: Financial Advisory and Intermediary Services, IRBA, DBSA, Pension Funds Adjudicator & Land Bank
21 Aug 2019
As part of its induction workshop, the Committee received presentations from the Financial Advisory and Intermediary Services, Independent Regulatory Board for Auditors, Office of the Pension Funds Adjudicator, Development Bank of Southern Africa and the Land Bank.
All the entites presented on their roles, challenges faced and the compliance and ...
Finance Standing Committee
Induction & Stakeholder Engagement on their role, mandate & key strategic objectives, with Deputy Minister
20 Aug 2019
The Committee considered presentations from the eight entities represented at the induction meeting, starting with the National Treasury (NT), Financial Intelligence Centre (FIC), Government Technical Advisory Centre (GTAC) and the Cooperative Bank Development Agency (CBDA).
The Members sought clarity about the number of entities overseen by the NT -- how ...
Finance Standing Committee
National Treasury budget: Committee Report
9 Jul 2019
The Standing Committee on Finance met to consider and adopt its Report on Budget Vote 7: National Treasury and outstanding Committee minutes.
There was some disagreement and discussion among Members on whether Committee minutes dated 4 July 2019 adequately captured responses by the Department. It was agreed upon that the ...
Finance Standing Committee
National Treasury & SARS 2019/20 Annual Performance Plans
4 Jul 2019
The National Treasury Director General noted in his Annual Performance Plan briefing that legislation to be brought to Parliament included the Public Procurement Bill; the Municipal and Fiscal Powers and Functions Amendment Bill; and the Conduct of Financial Institutions Bill.
Committee members engaged National Treasury officials on what was being ...
Justice and Constitutional Development
Justice and Correctional Services Portfolio Committee Legacy Report
20 Mar 2019
Available here once published: Legacy Reports
The Content Advisor briefed the Committee on the draft Legacy Report. The document focused on key highlights of the work of the Committee for the last five years.
The Content Advisor said that during the Fifth Parliament, the Committee’s responsibility or scope of work increased. ...
Defence and Military Veterans
Department of Military Veterans Q3 performance
13 Mar 2019
The Department of Defence and Military Veterans briefed the Committee on its 3rd Quarter expenditure and performance report. The targeted spend as at 31 December 2018 was R470.3 million but only R322.3 million (69%) was spent. The Cost of Employment (CoE) was 1% over budget due to imbalances on the ...
Justice and Constitutional Development
Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment: briefing, with Deputy Minister
13 Mar 2019
Document handed out: Committee Report on OPCAT [Tabled Committee Reports once available]
The Department of Justice and Constitutional Development briefed the Committee on the Optional Protocol Against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment (OPCAT). The Department requested Parliament to ratify the Protocol. The Deputy Minister was ...