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Finance Standing Committee
2017 Medium Term Budget Policy Statement: Parliamentary Budget Office briefing
31 Oct 2017
The Parliamentary Budget Office (PBO) appeared before the joint committees of Finance and Appropriations (National Assembly and National Council of Provinces) to give a post Medium-Term Budget Policy Statement (MTBPS) analysis.
The PBO noted that performance of key macroeconomic variables over the past five years has not been impressive. The ...
Finance Standing Committee
Medium Term Budget Policy Statement 2017: Minister in the Presidency & Minister of Finance briefing
26 Oct 2017
The Minister in the Presidency together with the Minister of Finance, and National Treasury gave presentations on the 2017 Mandate Paper and the Medium-Term Budget Policy Statement.
The Minister in the Presidency explained that the purpose of the Mandate Paper is to function as a shorter-term instrument of national planning, ...
Finance Standing Committee
Pre-MTBPS briefing by Parliamentary Budget Office
24 Oct 2017
The Standing Committees on Finance and Appropriations together with the Select Committees on Finance and Appropriations were briefed by the Parliamentary Budget Office (PBO) on the pre-Medium Term Budget Policy Statement (MTBPS). The briefing was meant to assist Members in identifying focus areas in relation to the MTBPS presentation by ...
NCOP Appropriations
CASP, Ilima/Letsema, Land Care Programme Conditional Grants performance: hearing; with Minister
17 Oct 2017
National Treasury and the Department of Agriculture, Forestry and Fisheries (DAFF) presented on the provincial agriculture grants. According to Treasury, the purpose of the Comprehensive Agricultural Support programme (CASP) was to facilitate agricultural development by targeting beneficiaries of land reform, restitution and redistribution, and other black producers who had acquired ...
NCOP Appropriations
Committee Report on Study Tour to Malaysia; Fourth Term Committee Programme
13 Sep 2017
The Committee discussed and approved its study tour report on the visit to Malaysia.
Members had an overall positive and good impression of their visit to Malaysia and felt that it was a conducive and a high level engagement.
The Committee received a briefing on its draft Fourth Term Programme. ...
NCOP Appropriations
Division of Revenue Bill: FFC submission
12 Sep 2017
The FFC told the Committee that it had focused on urban areas for the current year, after focusing on the rural areas in the previous year. It was unclear if the SA economic growth pattern was pro-poor. The SA workforce was predominantly urban-based. Inequality was high in the metros. Improved ...
NCOP Finance
KZN 2016/17 expenditure: Provincial Treasury report; Transkei Road Transport Corporation Petition report
28 Jun 2017
The National Treasury stated that for KwaZulu-Natal, total accruals and payables increased to R4.2 billion in 2016/17. The bulk of those emanated from Education; Health; Transport and Cooperative Governance and Traditional Affairs. The province over collected against its own revenue target. The cash balance declined from R3.5 billion to R2.9 ...
NCOP Appropriations
Committee Report on OR Tambo District Municipality referral
28 Jun 2017
The draft report on the OR Tambo district municipality referral was read through by the Chairperson.
The Acting Chairperson highlighted that the National and Provincial Treasuries; the Eastern Cape Cooperative Governance and Traditional Affairs, and the Department of Cooperative Governance, had waited too long to intervene to support and strengthen ...
NCOP Finance
FAIS Ombud Annual Performance Plan
21 Jun 2017
The Financial Advisor and Intermediary Services (FAIS) Ombudsman, responsible for the regulation of financial service providers, reported to the Committee on its annual performance plan. It had received 10 846 complaints in the 2016/17 financial year, of which 5 183 cases were dismissed, 4 769 were referred to other entities, ...
NCOP Appropriations
Appropriation Bill: briefing & committee report; Committee Report on Urban Settlements Development Grant
20 Jun 2017
The Department of National Treasury made a presentation the Select Committee on the Appropriation Bill for 2017, and highlighted that there would be a marked reduction in the national spending ceiling for 2017/18 and 2018/19 financial years, and this would effect both national and provincial governments. A lot of the ...