Politician Profile Page
Standing Committee on Appropriations
2017/18 Division of Revenue: Financial and Fiscal Commission Submission
6 Sep 2016
The theme of the 2017/18 FFC submission was the intergovernmental fiscal relations system and rural development. The majority of the South African poor were living in rural areas, which lagged behind on economic performance indicators. The rural economy was no longer just a farm economy. The potential of land reform ...
Constitutional Review Committee
Meeting with Indonesian delegation; Legal Opinions on 2015 public submissions; Committee Report on 2013 public submissions
26 Aug 2016
The Portfolio Committee on Constitutional Review had interaction with a delegation from Indonesia where they shared information on matters related to the Constitution. They discussed impeachment, the role of the legislative arm of SA, and long term planning for development.
The Committee adopted its Committee Report on the 2013 Public ...
NCOP Finance
Financial Sector Regulation Bill [B34-2015]: National Treasury briefing
24 Aug 2016
The National Treasury briefed the Committee on the Twin Peaks: The Financial Sector Regulation (FSR) Bill. It noted that the shift to twin peaks started in 2011, when “a safer financial sector to serve South African better” policy paper was approved by the Cabinet. In 2013, the road map of ...
Constitutional Review Committee
Legacy submissions: deliberations
19 Aug 2016
The Content Advisor to the Committee, Ms Sipamla, briefed the Committee on submissions made by the Ms Mosiane, Mr O Shembe, Mr L Mahlatsi, the Support Public Broadcasting Cooperation (SOS), the Deaf Federation of South Africa (DEAFSA), the Holy Faith Mission Evangelical Church, the South African Local Government Association (SALGA), ...
Finance Standing Committee
Financial Sector Regulation “Twin Peaks” Bill [B34-2015]: deliberations
17 Aug 2016
The afternoon session opened with a continuation of a discussion on the National Credit Regulator in relation to the Bill before the Committee.
The meeting then moved onto a consideration of the financial impact of the Bill. Members were concerned about the costs being transferred from the financial institutions onto ...
NCOP Finance
KwaZulu-Natal on its 2015/16 unaudited Annual Report; Land Bank board appointments: deliberations
16 Aug 2016
The National Treasury made a presentation to the Committee on the provincial budgets and expenditure for KwaZulu-Natal (KZN) for the third and fourth quarters of the 2015/16 financial year. Newly identified schools and clinics had put pressure on the Public Works budget, as they had not been budgeted for. Due ...
NCOP Finance
Western Cape, Mpumalanga & Free State Provincial Treasuries on its 2015/16 performance, in presence of MECs
25 May 2016
The National Treasury firstly presented a summary of the third and fourth quarter expenditure for the provinces of Free State, Western Cape and Mpumalanga. However, it was emphasised that these figures had not yet been audited so that there might still be some adjustments. Free State spent 99% of the ...
NCOP Appropriations
Appropriation Bill: briefing & adoption; Committee Report on Municipal Infrastructure Grant rollovers
24 May 2016
The National Treasury noted that expenditure ceilings for the two outer years of the 2016 Medium Term Expenditure Framework (MTEF) period were reduced. Expenditure baselines were growing at the rate of 7.5% over the 2016 MTEF period. There was a drawdown on the contingency reserve within the expenditure ceiling. The ...
NCOP Finance
Financial Intelligence Centre Amendment Bill [B33-15]: briefing ; North West Provincial Treasury on its 3rd & 4th 2015/16 Quarter performance
20 May 2016
National Treasury gave the briefing on the Financial Intelligence Amendment Bill. The rationale for the Amendment Bill was to address challenges related to money laundering and corruption and to comply with the United Nations Convention against Corruption. Members felt that the Bill was needed but expressed their concern about its ...
NCOP Finance
Eastern Cape, Limpopo & Northern Cape Provincial Treasuries on their 3rd & 4th Quarter 2015/16 performance
18 May 2016
National Treasury presented the aggregated budgets and expenditure for the provinces of Limpopo, Eastern Cape and the Northern Cape, with a focus on overspending and underspending. A summary of key conclusions and financial risks over the 2016 MTEF showed that the Eastern Cape and Limpopo had tabled surplus budgets for ...