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Finance Standing Committee
2020 Budget: Treasury briefing; with Minister & Deputy Minister
27 Feb 2020
Watch Meeting: Youtube
2020 Budget Speech
2019 MTBPS Speech
Parliament’s finance and appropriations committees from both houses met jointly with the Minister of Finance and senior National Treasury officials to discuss the 2020 Budget. The Minister had tabled his budget proposals the previous day.
Members were told that very low ...
Finance Standing Committee
GEPF 2018/19 Annual Report
19 Feb 2020
The Standing Committee on Finance raised concerns about the oversight of investments by the Government Employees’ Pension Fund (GEPF) when it received a briefing on the fund’s annual report. Members also raised questions about reports of a proposed bail-out of the Eskom power utility using R254 billion ...
Finance Standing Committee
Economic Performance and Outlook: South African Reserve Bank briefing
18 Feb 2020
The Finance Committees of the National Assembly and National Council of Provinces (NCOP) held a joint meeting to receive a briefing by the Governor of the South African Reserve Bank (SARB) and other officials on the Bank’s monetary policy.
They were told that lower inflation had created space for the ...
Finance Standing Committee
TLAB, TALAB & Rates Bill: finalisation
20 Nov 2019
The Committee considered and approved two tax bills and the Rates bill.
National Treasury (NT) indicated that the key proposal for the Rates and Monetary Amounts and Amendments of Revenue Laws Bill in 2019 was to increase the excise duty of tobacco. Since the Bill was tabled in Parliament on ...
Finance Standing Committee
Illicit Tobacco Trade: SARS briefing
19 Nov 2019
The Standing Committee on Finance meeting on the illicit tobacco and cigarette trade was a follow up to an earlier hearing on the tax laws, at which Members heard that the legal trade was being endangered by illegal traders who paid no tax. The Chairperson said if nothing was done, ...
Finance Standing Committee
Medium Term Budget Policy statement: Minister & National Treasury remarks
31 Oct 2019
The Finance and the Appropriations Committees of the National Assembly and National Council of Provinces, as well as provincial committee members, met with the Minister of Finance and National Treasury for a preliminary discussion on the Medium Term Budget Policy Statement which the Minister had delivered to Parliament the previous ...
Finance Standing Committee
2019 Pre-MTBPS: Parliamentary Budget Office briefing
29 Oct 2019
Video: Mboweni fields questions on mini-budget
Key Budget Documents MTBPS 2019
2019 MTBPS
Parliament’s Standing and Select Committees on Finance and Appropriations held a joint session during which they were briefed by the Parliamentary Budget Office (PBO) on the Medium Term Budget Policy Statement (MTBPS) to be delivered by the ...
Finance Standing Committee
Finance Budgetary Review and Recommendations Report
23 Oct 2019
Available here once adopted: BRRR 2019
The Committee was convened to discuss and adopt the Budgetary Review and Recommendation Report of the Standing Committee on Finance, dated 23 October 2019
The Committee agreed that only section 16 of the Report should be discussed at the meeting – this covered ...
Finance Standing Committee
Financial Intelligence Centre 2018/19 Annual Report; with Deputy Minister
16 Oct 2019
The Standing Committee was briefed by executives of the Financial Intelligence Centre (FIC) on the FIC’s report for the 2018/19 financial year.
Opening remarks were made by the Deputy Minister of Finance, who said a key priority of the government was to fight corruption and build an ...
Standing Committee on Appropriations
Special Appropriation Bill [B10-2019]: committee report
10 Oct 2019
The Committee adopted its report on the Special Appropriation Bill [B10-2019], with amendments to reflect the need for more stringent conditions to be imposed on the R59 billion bailout to Eskom over the 2019/20 and 2020/21 financial years
The Committee underlined that it did not want to give Eskom a ...