Politician Profile Page
Finance Standing Committee
Insurance Bill; Taxation Laws Amendment Bill; Tax Administration Laws Amendment Bill: finalisation
8 Nov 2017
The Committee met to: finalise the Taxation Laws Amendment Bill (TLAB) & the Tax Administration Laws Amendment Bill (TALAB); adopt the Committee Report on the Rates and Monetary Amounts and Amendment of Revenue Laws Bill and to discuss policy issues on the Insurance Bill, its transformation clauses in particular.
Firstly, ...
Finance Standing Committee
Medium Term Budget Policy statement (MTBPS) 2017: public hearings
1 Nov 2017
Cosatu submitted that there was no meaningful plan to arrest the collapse of the economy and the looting of the state, and to spur economic growth to create jobs. Unemployment had nearly doubled since 2014 to a real rate of 36.2%. More than R100 billion of the state’s trillion rand ...
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 ...
Finance Standing Committee
SAA Board Chair contract extension; Treasury & SARS Quarter 1 Report, with Minister & Deputy; Office of Tax Ombud: delayed refunds investigation
13 Sep 2017
The South African Airways (SAA) presented its first quarter expenditure and performance report for the financial year 2017/18, in the presence of the Deputy Minister. SAA was expected to lay emphasis on progress made in the implementation of its turnaround strategy and corporate plan since its last appearance before the ...
Finance Standing Committee
Insurance Bill: deliberations
12 Sep 2017
The Committee met with Treasury and the Financial Services Board for further deliberations on the Insurance Bill. The Bill was built on the Twin Peaks model of financial regulation envisaged in the Financial Sector Regulation Act (FSRA) in respect of prudential supervision. It provided a consolidated legal framework for the ...
Finance Standing Committee
South African Airways (SAA) on its Quarter 1 performance, with Minister
4 Aug 2017
The South African Airways (SAA) presented its quarterly report in the presence of the Minister of Finance, Mr Malusi Gigaba.
Minister Gigaba indicated that Mr Vuyani Jarana, an Executive at Vodacom, had been appointed as SAA CEO. The newly appointed CEO would need to be fully supported as he was ...
Finance Standing Committee
Money Bills Amendment Procedure and Related Matters Act
28 Jun 2017
The Constitutional and Legal Services Office took the joint committees through changes to the Money Bills Amendment Procedure and Related Matters Act, which were made after instructions received from the Joint Workshop held on 13 June 2017.
The main highlights of the input by Members were the Democratic Alliance’s concern ...
Finance Standing Committee
South African Airways (SAA) Quarterly Performance: briefing postponed
27 Jun 2017
The South African Airways (SAA) was expected to present its fourth quarter report before the Committee. However, the majority of Members expressed concern about the absence of SAA board members. Also, the Committee was dismayed by the quality of the SAA quarterly report which it could not process.
The majority ...
Health
National Public Health Institute of South Africa: Department of Health briefing
21 Jun 2017
The Department of Health (DoH) appeared before the Committee to present a proposal for a Bill which will empower the creation of a National Public Health Institute of South Africa (NAPHISA). The Bill was proposed for the Institute to coordinate, conduct disease and injury surveillance, provide specialised public health services, ...