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Finance Standing Committee
Committee Report on 2020 Fiscal Framework and Revenue Proposals
10 Mar 2020
The Finance Committees of the National Assembly and the National Council of Provinces held a joint meeting to consider a draft report on the fiscal framework and revenue proposals contained in the 2020 Budget. They then held brief separate meetings to adopt the report with amendments.
The Democratic Alliance (DA) ...
NCOP Finance
Committee Report on 2020 Fiscal Framework and Revenue Proposals
10 Mar 2020
The Finance Committees of the National Assembly and the National Council of Provinces held a joint meeting to consider a draft report on the fiscal framework and revenue proposals contained in the 2020 Budget. They then held brief separate meetings to adopt the report with amendments.
The Democratic Alliance (DA) ...
Finance Standing Committee
2020 Fiscal Framework and Revenue Proposals: response to public hearings
6 Mar 2020
2020 Budget Speech
Fiscal Framework and Revenue Proposals
2020 Fiscal Framework and Revenue Proposals: public hearings
The National Treasury stated that discussions with stakeholders were centred on the fiscal consolidation versus stimulus debate, the wage bill and other baseline proposals, and tax proposals. The government had proposed a tough budget, ...
Finance Standing Committee
2020 Fiscal Framework and Revenue Proposals: public hearings
4 Mar 2020
2020 Budget Speech
Fiscal Framework and Revenue Proposals
The Standing and Select Committees on Finance held joint public hearings on the 2020 Budget. The Congress of South African Trade Unions (COSATU); the National Union of Metalworkers of SA (NUMSA); National Council Against Smoking (NCAS); Fiscal Cliff Study Group (FCSG); Organisation ...
Finance Standing Committee
2020 Budget: Parliamentary Budget Office & Financial and Fiscal Commission briefings
3 Mar 2020
Parliament’s finance and appropriations committees from both houses met jointly to be briefed on the 2020 Budget by the Parliamentary Budget Office (PBO) and the Financial and Fiscal Commission (FFC).
The PBO expressed the view that the macroeconomic approach of the budget was too narrowly focused on ...
Finance Standing Committee
2020 Budget: Treasury briefing; with Minister & Deputy Minister
27 Feb 2020
Watch Meeting: Youtube
2020 Budget Speech
2019 MTBPS Speech
Parliament’s finance and appropriations committees from both houses met jointly with the Minister of Finance and senior National Treasury officials to discuss the 2020 Budget. The Minister had tabled his budget proposals the previous day.
Members were told that very low ...
Finance Standing Committee
GEPF 2018/19 Annual Report
19 Feb 2020
The Standing Committee on Finance raised concerns about the oversight of investments by the Government Employees’ Pension Fund (GEPF) when it received a briefing on the fund’s annual report. Members also raised questions about reports of a proposed bail-out of the Eskom power utility using R254 billion ...
Finance Standing Committee
Economic Performance and Outlook: South African Reserve Bank briefing
18 Feb 2020
The Finance Committees of the National Assembly and National Council of Provinces (NCOP) held a joint meeting to receive a briefing by the Governor of the South African Reserve Bank (SARB) and other officials on the Bank’s monetary policy.
They were told that lower inflation had created space for the ...
Finance Standing Committee
PIC & GEPF on Steinhoff; Transformation of the Financial Sector: Nedlac; Over-the Counter Derivative Transactions: NT briefing
3 Dec 2019
The Public Investment Corporation (PIC) briefed the Standing Committee on a mediation process between the Steinhoff Group and its creditors, including the PIC. It reported that Steinhoff had made a proposal involving funds from a third party known as “The White Knight”. The terms of this proposal remained strictly confidential. ...
Finance Standing Committee
Transformation in the Financial Sector: stakeholder engagement
26 Nov 2019
The Committee met with stakeholder to discuss transformation in the financial sector. This was meant to be a follow-up meeting to check on the progress that had been made since the Committee and
the Portfolio on Trade and Industry passed a report on this matter in 2017. The report had ...