Politician Profile Page
Finance Standing Committee
FICA Bill and Committee Report: adoption
21 Feb 2017
The meeting began with deliberations on the Committee Report on the referral of the Financial Intelligence Centre Amendment Bill [B 33B–2015]. This report contains the Committee’s conclusions regarding comments from the President on the Financial Intelligence Centre Amendment Bill.
There were no further changes to the Committee proposed amendments to ...
Finance Standing Committee
Budget 2017: pre-budget briefing by Parliamentary Budget Office
21 Feb 2017
A pre-budget briefing was given to the four finance committees by the Parliamentary Budget Office (PBO). The presentation highlighted lower-than-expected revenues as a key challenge facing the fiscus. Also discussed were the main avenues of expenditure, the trajectory of the budget and the potential tools available to government to reduce ...
Finance Standing Committee
Mandatory Audit Firm Rotation: public hearings; FICA Bill: proposed amendments
15 Feb 2017
Portfolio Committee amendments (see previous version)
The Independent Regulatory Board for Auditors (IRBA) said that the Enron case showed that auditors could become too close to companies. The Masterbond case led to recommendations to strengthen regulations to ensure stricter audit oversight and guard the independence of auditors. IRBA ...
Appointment to the Commission for Gender Equality
Shortlisting for interviews
14 Feb 2017
The Committee shortlisted 21 candidates and they will be invited for interviews on 24 and 27 February 2017. The 21 candidates will be submitted for vetting and verification processes as well.
Some of the concerns raised in the meeting included the possible delay in verifying qualifications by Human Resources as ...
Finance Standing Committee
Money Bills Amendment Procedure Act review: joint workshop
8 Feb 2017
Parliament’s Constitutional and Legal Services Office (CLSO) presented at the joint workshop to the Finance and Appropriations Standing and Select Committees. It noted that the National Assembly had passed a resolution in May 2016 that the Finance Standing Committee should review the Money Bills Act with a view to introduce ...
Finance Standing Committee
Insurance Bill [B1-2016]: public hearings
7 Feb 2017
Public hearings were held by the Committee on the Insurance Bill. Stakeholders were invited to give comment on the Bill and six different parties presented oral submissions. The South African Insurance Association (SAIA) believed that the Bill had to be processed urgently as it contributed to financial stability and governance ...
Appointment to the Commission for Gender Equality
Commission for Gender Equality: Selection process postponed
7 Feb 2017
The Ad Hoc Committee for the filling of vacancies of Commissioners for the Commission for Gender Equality firstly considered and adopted the minutes of 30 November and made a follow up on the previous discussions.
The Chairperson, in her opening remarks, referred to two recent incidents where young girls had ...
Finance Standing Committee
Financial Intelligence Centre Amendment Bill: Treasury response to submissions
1 Feb 2017
The Parliamentary Legal Advisor recapped the important points that came up during the public hearing about the President is reservations on the constitutionality of section 45B(1C) warrantless searches in the Financial Intelligence Centre Amendment Bill he had referred back to Parliament. The senior counsel legal opinions set out general principles ...
Finance Standing Committee
Taxation of Sugar Sweetened Beverages: public hearings
31 Jan 2017
The Department of Health told a joint meeting of the Portfolio Committee on Health and Standing Committee Finance that 38 million people die due to non-communicable diseases. 28 million deaths occur in low and middle income countries. 16 million people die before the age of 70. Cardiovascular diseases are the ...
Finance Standing Committee
FICA Amendment Bill referral: briefings; Financial Sector Regulation Bill: omission; with Deputy Minister
7 Dec 2016
Discussion on Adoption of Financial Sector Regulation Bill
The Committee discussed the reasons for the omission of three clauses of the Financial Sector Regulation Bill when it was voted on in the National Assembly on 6 December 2016 and the way forward. The Chairperson indicated that this had been a ...