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NCOP Finance
Revenue Laws Amendment Bill: proposed amendments by ASISA & IRFA
19 Mar 2024
In a virtual meeting the Select Committee heard the Association for Savings and Investment South Africa (ASISA) submission on the Revenue Laws Amendment Bill and National Treasury response to it. The Institute of Retirement Funds Africa (IRFA) submission supported these two key changes to the 2023 Revenue Laws Amendment ...
NCOP Trade & Industry, Economic Development, Small Business, Tourism, Employment & Labour
Companies Amendment Bills: Committee Reports; Small Enterprise A/B: Negotiating Mandates & DSBD response
19 Mar 2024
The Select Committee on Trade and Industry, Economic Development, Small Business Development, Tourism, Employment and Labour met on a virtual platform to consider the reports on two Amendment Bills brought by the Department of Trade and Industry: the Companies Amendment Bill 2023 [B27b-2023] and the Companies Second Amendment Bill ...
NCOP Finance
Revenue Laws Amendment Bill & Pension Funds Amendment Bill: public hearings
15 Mar 2024
In a virtual meeting, the Select Committee on Finance received comments from the Congress of South African Trade Unions (COSATU) on the Revenue Laws Amendment Bill (RLA Bill) [B39B-2023] and the Pension Funds Amendment Bill [B3-2024].
Cosatu said they supported the RLA Bill and the Pension Funds Amendment Bill ...
Standing Committee on Appropriations
Gold and Foreign Exchange Contingency Reserve Account Defrayment Amendment Bill: public hearings
15 Mar 2024
The Standing and Select Committees on Appropriations held a joint meeting to receive submissions from stakeholders on the 2024 Gold and Foreign Exchange Contingency Reserve Account Defrayal (GFECRA) Amendment Bill. During his February Budget Speech, the Minister of Finance introduced this bill, which is intended to facilitate the drawing ...
NCOP Finance
Postponed: Response by National Treasury on the submissions to the Public Procurement Bill
14 Mar 2024
The meeting was postponed to technical difficulties
Standing Committee on Appropriations
Division of Revenue Bill & Second Adjustments Appropriation (2023/24 FY) Bill: Public Hearings
13 Mar 2024
The Standing Committee on Appropriations and the Select Committee on Appropriations convened jointly to receive briefings from various organisations, including Equal Education, the Public Service Accountability Monitor, the Rural Health Advocacy Project, the TB Accountability Monitor, the Western Cape Children’s Commissioner , Amandla.mobi, Budget Justice Coalition, Section27, and the ...
NCOP Finance
Revenue Laws Amendment Bill: National Treasury briefing
12 Mar 2024
The Select Committee on Finance convened virtually to be briefed by National Treasury on the 2023 Revenue Laws Amendment Bill (RLA Bill).
Regarding the “two-pots” system, the Committee was concerned about the default exclusion of people 55 years and older from the system. National Treasury explained that while there ...
NCOP Trade & Industry, Economic Development, Small Business, Tourism, Employment & Labour
Companies Amendment Bills: deliberations & adoption
12 Mar 2024
The Select Committee on Trade and Industry, Economic Development, Small Business Development, Tourism, Employment and Labour met virtually to finalise its deliberations on the Companies Amendment Bills.
The majority adopted the two bills, with the DA registering its objection. The latter registered that during the legislative process in the ...
NCOP Appropriations
Division of Revenue Bill; Second Adjustments Appropriation (2023/24 FY) Bill & Gold and Foreign Exchange A/B: National Treasury briefing
6 Mar 2024
In a virtual meeting, the Select Committee on Appropriations heard a briefing by National Treasury on the 2024 Division of Revenue Bill, the Second Adjustments Appropriation Bill, and the Gold and Foreign Exchange Contingency Reserve Account Defrayment Amendment Bill (GFECRA). This sparked much engagement ...
Finance Standing Committee
2024 Fiscal Framework & Revenue Proposals: Committee Report
5 Mar 2024