Politician Profile Page
Finance Standing Committee
PIC Bills: public hearings; Partial closure of SAA meeting
31 May 2018
The Standing Committee on Finance held public hearings on the two Public Investment Corporation (PIC) Amendment Bills (the Private Members’ bill and Committee Bill). The Congress of South African Trade Unions (COSATU), Federation of Unions of South Africa (FEDUSA), AmaBhungane and National Treasury made submissions.
COSATU appreciated the Committee’s support ...
Finance Standing Committee
VBS Mutual Bank and Capitec follow-up meeting
30 May 2018
The Standing Committee on Finance met for a follow-up briefing on Capitec and VBS Mutual Bank. The South African Reserve Bank (SARB), National Treasury, the Financial Sector Conduct Authority (FSCA), the National Credit Regulator (NCR), and Capitec were in attendance and gave inputs.
Capitec explained that the bank had done its part ...
Finance Standing Committee
SARS on Makwakwa matter; KPMG Report; 2017/18 revenue; Steinhoff; Illicit Financial Flows; Illicit Tobacco Trade
23 May 2018
The Standing Committee on Finance held a follow-up meeting with the South African Revenue Services (Sars) on the Jonas Makwakwa matter, KPMG report, revenue raised in 2017/18, as well as illicit financial flows (IFFs) and the illicit tobacco trade. National Treasury and Hogan Lovells South Africa were also in attendance. ...
Finance Standing Committee
PIC Amendment Bill (Committee Bill): resolution; Mr Markus Jooste subpoena
22 May 2018
The Standing Committee on Finance met to consider a number of Committee issues. The Committee resolved the Public Investment Corporation Amendment Bill (Committee Bill) would begin to be processed and public hearings would be held. The Committee also endeavoured to process the Banks Amendment Bill (Private Member’s Bill: Mr Floyd ...
Finance Standing Committee
IRBA Annual Report & high profile investigations of KPMG, Deloitte, Nkonki
9 May 2018
The Independent Regulatory Board for Auditors CEO highlighted that IRBA was globally respected and viewed as a leader in audit reform. IRBA was a founding member of IFIAR (International Forum of Independent Regulators) and its CEO was on the IFIAR Board and chaired the board audit committee. ...
Finance Standing Committee
Financial and Fiscal Commission 2016/17 Annual Report
18 Apr 2018
The Standing Committee on Finance was briefed by the Financial and Fiscal Commission (FFC) on its 2016-17 annual report as well as on the forensic probe undertaken following allegations made in 2016 by an employee.
The FFC highlighted that its Research and Recommendations Programme Division had achieved the ...
NCOP Economic and Business Development
Independent Development Trust 2016/17 Annual Report, with Minister of Public Works
31 Oct 2017
The Independent Development Trust appeared before the Committee to present its 2016/17 Annual Report.
Before the entity’s briefing the Minister of Public Works remarked that the IDT had received several disclaimers over the past few years. A major challenge related to the delivery of infrastructure programmes over ...
Public Works and Infrastructure
Department of Public Works and PMTE 2016/17 Annual Report, with Minister & Deputy Minister
5 Oct 2017
The Committee received briefings from the Department of Public Works (DWP) and Property Management Trading Entity (PMTE) on the Annual Report of 2016/17 financial year in the presence of the Minister and the Deputy Minister.
The Department indicated that the 2016/17 Annual Report was presented in the ...
Public Works and Infrastructure
Public Works, CBE, PMTE 2016/17 Annual Reports, Auditor-General input; with Minister and Deputy
3 Oct 2017
The Minister of Public Works highlighted the Department’s policy priority areas, and said its goal was to contribute to the development of a sustainable economy through infrastructure development and maintenance. This development would be guided by the concept of transformation, which would aim at creating employment and ...
Public Works and Infrastructure
Committee Oversight Report of Western Cape Small Harbours; Expropriation Bill inputs by National House of Traditional Leaders
5 Sep 2017
The Portfolio Committee on Public Works met to be briefed by the Parliamentary Legal Services (PLS) on the legal implications of the letter from the President on the return of the Expropriation Bill.
The Parliamentary legal advisor said the version of the Bill that had been returned by the President ...