Trade, Industry and Competition
Debt Relief Framework for Committee Bill: legal principles
13 Sep 2017
The Committee received a briefing from the Parliamentary Legal Advisor on the legal principles that needed to accompany the National Credit Amendment Bill on debt relief. There were contestations as to whether debt constituted property or not of a creditor. The Constitution was not clear on its definition of property ...
Trade, Industry and Competition
DTI, SABS, NCRS 2016/17 Annual Report & Quarter 1 performance, with Minister
12 Sep 2017
The Department of Trade and Industry (DTI) and two of its entities, the South African Bureau of Standards and the National Regulator for Compulsory Standards, achieved clean audits, three entities received unqualified audits with findings while one entity received a qualified audit. The Auditor-General of SA’s (AGSA) Office expressed excitement ...
Finance Standing Committee
Transformation of the Financial Sector: Committee Report
6 Sep 2017
The Standing Committee on Finance and the Portfolio Committee on Trade and Industry, together with National Treasury, deliberated on the Transformation of the Financial Sector Draft Committee Report. The draft report was work in progress and would be sent to the participants for feedback before being finalised. Many of the ...
Trade, Industry and Competition
Transnet and PRASA on localisation
5 Sep 2017
The intention of the Portfolio Committee on Trade and Industry meeting with Transnet and the Passenger Rail Agency of South Africa (PRASA) was to obtain more detailed and specific information on the localisation of the major rolling stock programmes that were under way. Previous meetings had not provided clarity as ...
Finance Standing Committee
Illicit Financial Flows & Base Erosion and Profit Shifting – focus on prosecutions
30 Aug 2017
The Standing Committee on Finance, together with the Portfolio Committees on Trade and Industry; Mineral Resources; and Police, met with the Directorate for Priority Crime Investigation, the National Prosecuting Authority, South African Revenue Service, Financial Intelligence Centre, South African Reserve Bank, National Treasury and Department of Trade and Industry, and the ...
Trade, Industry and Competition
Debt relief: Subcommittee report-back; Copyright Amendment Bill: DTI & Parliamentary Legal Advisor response
18 Aug 2017
The Committee received responses from the Parliamentary Legal Advisor (PLA) and the Department of Trade and Industry (DTI) on the submissions received on the Copyright Amendment Bill, as well as a report back from the sub-committee on debt relief.
The PLA said that over 70 submissions had been received on ...
Trade, Industry and Competition
Copyright Amendment Bill: engagement with key stakeholders
15 Aug 2017
The meeting was a continuation of public hearings conducted by the Portfolio Committee on Trade and Industry to receive input from stakeholders regarding the provisions of the proposed Copyright Amendments Bill. On this occasion, it received submissions from artists, composers and the Department of Science and Technology.
Aspire, a South ...
Trade, Industry and Competition
Copyright Amendment Bill: public hearings day 2
3 Aug 2017
The Documentary Filmmakers Association (DFA) was on the whole pleased with the contents of the Bill but took issue with Clause 3 amending Section 5 and Clause 20 amending Section 21(1)(c) and proposed that they be struck from the Bill. Discussions between the Committee and the DFA centred on the ...
Trade, Industry and Competition
Debt Relief Policy: Department of Justice and Constitutional Development briefing
27 Jun 2017
The Portfolio Committee on Trade and Industry was briefed by the Department of Justice and Constitutional Development on the proposed amendments to the Insolvency Amendment Bill, as well as the rules of execution and the Debt Collector Amendment Bill. A firm of consultants provided insight into the role of Payment ...
Trade, Industry and Competition
Repeal of Space Affairs Act; Debt Relief Committee Bill framework
20 Jun 2017
The Committee met to consider the repeal of the Space Affairs Act No. 84 of 1993, and was informed that after a new Space Council had been appointed by the Minister and Cabinet in 2016, various processes of consultation had been undertaken, and had culminated in the drafting of the ...