Trade, Industry and Competition
Debt Relief Bill: UIF, Department of Justice, SARS responses; Trade and Industry BRRR
17 Oct 2017
The focus of meeting was on government bodies that could have a part to play in the Debt Relief Bill and ensure its success. Presentations were made by the Unemployment Insurance Fund, Department of Justice and Constitutional Development, South African Reserve Bank and the South African Revenue Service.
The Unemployment ...
Trade, Industry and Competition
SA Farmers Development Association challenges with sugar industry & Department response
12 Oct 2017
The Committee met with the aggrieved South African Farmers Development Association (SAFDA) to hear its concerns about not being recognised by the South African Sugar Association (SASA) and the South African Cane Growers’ Association (SACGA).
SAFDA outlined numerous challenges facing emerging sugarcane farmers in the industry:
• General lack of ...
Trade, Industry and Competition
Debt Relief Committee Bill: response to Treasury, DTI, Credit Regulator & Tribunal
11 Oct 2017
The Parliamentary Legal Advisor responded to the comments made on the Debt Relief Committee Bill by the National Credit Tribunal, the National Credit Regulator, National Treasury and the Department of Trade and Industry the previous day.
As the Bill would have to make provision for the credit provider to be ...
Trade, Industry and Competition
Copyright Amendment Bill: update; Debt Relief Bill: government responses; French Embassy
10 Oct 2017
The Parliamentary Legal Advisor explained that technical amendments had been made to the Copyright Amendment Bill as some terminology was incorrect and was not conveying the policy intention. Public submissions had made a lot of noise about terminology but this was not a policy issue; it was simply the terminology ...
Economic Development
Minister of Economic Development on Presidential Infrastructure Coordination Commission
10 Oct 2017
The Minister of Economic Development reported on the work by the Presidential Infrastructure Coordination Commission (PICC). He pointed out that PICC is the executive’s tool for monitoring the implementation and impact of infrastructural development on the economy. It is a planning and coordinating body. It is neither a funding structure; ...
Trade, Industry and Competition
Debt Relief Committee Bill: discussion
5 Oct 2017
Draft Debt Relief Committee Bill (only distributed to Members)
The Parliamentary Legal Adviser responded in depth to the questions raised the previous day by Members and Treasury after she had presented the draft Debt Relief Committee Bill. She explained in detail the process that would need to be followed by ...
Trade, Industry and Competition
Debt Relief Committee Bill: deliberations; Localisation of procurement for Transnet and PRASA: terms of reference
4 Oct 2017
Draft Framework Bill not made available to the public yet
In discussing the Committee terms of reference for its agreed inquiry into localisation of procurement for Transnet and PRASA, Memebers were asked to submit name of those who should come before the Committee. An evidence based enquiry was needed of ...
Trade, Industry and Competition
Debt Relief Committee Bill; National Consumer Commission; National Credit Regulator Annual Report; SABS & NRCS follow-up
3 Oct 2017
Annual Reports 2016/17
Debt Relief: National Credit Amendment Bill – Draft Framework Bill [not yet available to public]
The meeting initially dealt with responses to questions put by Members to the National Regulator for Compulsory Specifications (NRCS) and South African Bureau for Standards (SABS) at the 12 September meeting at ...
Trade, Industry and Competition
Transnet on localisation: follow up
15 Sep 2017
The Portfolio Committee on Trade and Industry has resolved to hold a Parliamentary Committee inquiry into the acquisition of 1 064 locomotives by Transnet. This decision followed its discussion with the state-owned transport manufacturing company regarding localisation. The Committee felt it was the second time it was not getting satisfactory ...
Trade, Industry and Competition
Debt Relief Framework for Committee Bill: principles and process
14 Sep 2017
The Committee deliberated on the principles and process to follow for its Committee Bill on Debt Relief.
Committee members reviewed whom the Bill was intended for, whether it was the poorest of the poor, blanket debt relief, or those who had debt from illegal lenders. A senior counsel legal opinion ...