Trade, Industry and Competition
Minister of Trade and Industry on SONA and Budget 2017
28 Feb 2017
Minister Rob Davies said that radical economic transformation was one of the key themes of the 2017 SONA. President Jacob Zuma defined radical economic transformation as “...fundamental change in the structure, systems, institutions and patterns of ownership, management and control of in favour of all South Africans, especially the poor, ...
Trade, Industry and Competition
Performers' Protection Bill: briefing; Advisory Centre on WTO Law Agreement: ratification
21 Feb 2017
The Performers Protection Amendment Bill sought to address challenges facing the creative industry from non-payment of royalties; as well as lack of formalisation of the industry which exposed it to abuse, and piracy. The Bill was informed by various treaties. Issues introduced by the Bill included transfer of rights; equitable ...
Trade, Industry and Competition
DTI & National Regulator for Compulsory Specifications on Quarter 3 performance
14 Feb 2017
The highlights of the Department of Trade and Industry (DTI) achievements included the official opening of upgraded workshop facilities by MTU South Africa in Cape Town (where local assembly of diesel engines for 232 diesel locomotives for Transnet took place); formation of the Commercial Aviation Manufacturing Association of South Africa to ...
Trade, Industry and Competition
Sub-Committee Proposal and Report on Memorandum for Submission of Legislative Proposal regarding debt relief adopted; Summary of reports before Committee & Programme
6 Dec 2016
Documents handed out: Committee Memorandum for Submission of a legislative proposal regarding Debt Relief (Sub-Committee report)
The Chairperson of the sub-Committee to consider a Legislative Proposal on debt relief reported on the proposal to amend the National Credit Act. The Bill proposed amendments aimed at providing a simpler and more rigorous ...
International Relations
South Africa Jewish Board of Deputies: Response to SA Jews for a Free Palestine
25 Nov 2016
The South African Jewish Board of Deputies (SAJBD) had requested to meet with the Committee, following a meeting that the same Committee had held with a pro-Palestinian delegation of the South African Jews for a Free Palestine (SAJFP) and the South Africa Boycott, Divestment and Sanctions (BDS). SAHBD noted that ...
Trade, Industry and Competition
Debt relief measures: Proposals and reports from various stakeholders
25 Nov 2016
The Committee received submissions from the Black Sash, Summit Financial Partners, and the National Clothing Retail Federation of South Africa (NCRF), on debt relief measures to deal with over-indebtedness in the country.
The Black Sash said that the impact of the credit market on the quality of life of the ...
International Relations
Petition on current situation in Palestine: National Coalition for Palestine briefing
23 Nov 2016
The National Coalition for Palestine (NC4P) in South Africa briefed the Committee on a petition presented to Parliament on 9 August 2014 following a peaceful march attended by over 200 000 people. It said the motivation for the march and the petition was the savage attacks on Palestinians, especially children, which ...
Trade, Industry and Competition
Debt Relief measures: proposals and submissions from banks
17 Nov 2016
The Portfolio Committee continued with its hearings on debt relief measures, where various stakeholders made presentations on what they saw as the main problems, discussed some of the options and proposed solutions. This day's meeting heard submissions from Standard Bank, ABSA, Nedbank, African Bank, First Rand Bank and Capitec. They ...
Trade, Industry and Competition
Debt relief measures: Proposals and reports from various stakeholders
15 Nov 2016
The Committee met with various stakeholders who provided comments on and suggested other options around debt relief.
Congress of SA Trade Unions (COSATU) submitted that there were various categories of people who needed to be considered in the debt relief process, particularly vulnerable persons, those who had lost employment, social ...
Trade, Industry and Competition
National Consumer Tribunal on its cases; Legislation Subcommittee on Debt Relief: terms of reference
8 Nov 2016
The National Consumer Tribunal (NCT) told the Portfolio Committee that its human and financial resources were not keeping pace with the rate at which its caseload was increasing. It had received 24 446 cases from 1 April 2016 to 21 October 2016. This was already 3 349 cases more than ...