Politician Profile Page
Small Business Development
Informal Traders & Cooperatives Associations engagement session
30 Nov 2022
The Portfolio Committee of Small Business Development heard from stakeholders in the cooperatives and informal trading sector regarding how these entities are strengthening and safeguarding relevant interests.
The South African National Apex Cooperative (SANACO) is a union of cooperatives, representing cooperatives at the International Cooperative Alliance (ICA). SANACO, as ...
Finance Standing Committee
Asian Infrastructure Investment Bank Agreement: National Treasury briefing & Ratification
22 Nov 2022
The Standing Committee on Finance was briefed by National Treasury on the Asian Infrastructure Investment Bank (AIIB) Agreement.
The Committee was asked to:
-consider Cabinet’s 21 September 2022 decision approving South Africa to join the Asian Infrastructure Investment Bank (AIIB) through ratification of the Articles of Agreement
-approve the ...
Small Business Development
Red Tape Reduction Task Team in the Presidency
16 Nov 2022
The Committee met with the Red Tape Reduction (RTR) task team in the Presidency in a virtual meeting to be briefed on their progress. The objective of the RTR team was to make tangible progress in reducing excessively complex rules, regulations, procedures, and processes that inhibited economic growth and ...
Finance Standing Committee
Tax Bills: adoption; SA Postbank Ltd Amendment Bill: DCDT briefing (joint meeting)
16 Nov 2022
The Standing Committee on Finance considered and adopted the Tax Administration Laws Amendment Bill and the Taxation Laws Amendment Bill. The two accompanying reports were also approved.
The Standing Committee on Finance was joined by the Portfolio Committee of Communications and Digital Communications to be briefed ...
Small Business Development
Enabling Policy & Regulatory Environment for SMMEs & Co-operatives - Role of National Treasury
15 Nov 2022
The Portfolio Committee met virtually to attend a briefing by National Treasury on its role in creating an enabling policy and regulatory environment for small, medium and micro enterprises (SMMEs).
National Treasury traduced the Bounce Back Scheme to support businesses that survived economic challenges such as COVID-19, civil unrest ...
Finance Standing Committee
Rates Bill: adoption; SA Postbank Ltd Amendment Bill: discussion
15 Nov 2022
The Committee met virtually to consider the Rates and Monetary Amounts and Amendment of Revenue Laws Amendment Bill (Rates Bill).
Key tax proposals contained in the 2022 Rates Bill include the following:
▪ Tax announcements made in the 2022 Budget, dealing with changes in rates and monetary thresholds to ...
Finance Standing Committee
General Laws (Anti-Money Laundering and Combatting Terrorism Financing) Amendment Bill: adoption
11 Nov 2022
The Standing Committee on Finance met on the virtual platform to consider the General Laws (Anti-Money Laundering and Combatting Terrorism Financing) Amendment Bill.
The legislation is an omnibus Bill aimed at amending various pieces of legislation to address deficiencies related to combatting money laundering and terrorism financing and bring ...
Finance Standing Committee
Postponed: General Laws (Anti-Money Laundering and Combatting Terrorism Financing) Amendment Bill: consideration
10 Nov 2022
The Standing Committee on Finance convened on the virtual platform intending to deliberate and consider the General Laws (Anti-Money Laundering and Combatting Terrorism Financing) Amendment Bill (“General Laws Bill”).
Due to the countrywide load shedding, many Members were unable to connect to the Zoom platform. Thus, ...
Small Business Development
Just energy transition funding for SMMEs; Government 30-day payment non-compliance
9 Nov 2022
In a virtual meeting, the Portfolio Committee was briefed by the Public Service Commission (PSC) on government's failure to comply with the 30-day payment regulation, and by the Trade Industrial Policy Strategies (TIPS) organisation on the impact of climate change on small, medium and micro enterprises (SMMEs).
The Committee ...
Finance Standing Committee
2022 Revised Fiscal Framework: Committee Report
8 Nov 2022
2022 Revised Fiscal Framework and Revenue Proposals
The Select Committee on Finance and Standing Committee on Finance held a joint meeting to consider the 2022 Revised Fiscal Framework.
Members made a few technical additions. Other additions included an accurate reflection of unemployment and the need for ...