Trade, Industry and Competition
'Debt Intervention' National Credit Amendment Draft Bill: public hearing; Research on over-indebtedness
13 Feb 2018
Black Sash in its submission on the National Credit Amendment Bill, made it clear that the protection of social grants from fraudulent and unlawful deductions was a critical element of the right to social security/assistance as set out in the Constitution, international instruments and jurisprudence. The Easy Pay Everywhere (EPE) ...
Trade, Industry and Competition
National Lotteries Commission + National Empowerment Fund Quarter 2 performance
6 Feb 2018
The key topics discussed after the National Lotteries Commission (NLC) Quarter 2 performance report were illegal lotteries, disbursement of a greater portion of lottery funding to SASCOC, pro-active funding, adjudication of applications by the National Gambling Board. Although the NLC received a clean audit, members expressed discomfort that SASCOC received ...
Trade, Industry and Competition
Debt Relief Committee Bill: public hearings Day 3
2 Feb 2018
Before commencing Day 3 of the hearings, the Chairperson referred to a Committee media statement about its concern about water price increases. The media did not always print the relevant information, which was that the Committee had communicated with all departments working with water. The Committee’s interest was in unfair ...
Trade, Industry and Competition
Debt Relief Committee Bill: public hearings Day 2
31 Jan 2018
Before commencing the public hearing on debt intervention legislation, the Chairperson asked the National Consumer Regulator to comment on Capitec Bank from the perspective of the NCR, in the light of recent allegations against Capitec. The National Consumer Regulator replied that it did not know of any concerns about he ...
Trade, Industry and Competition
Debt Relief Committee Bill: public hearings Day 1
30 Jan 2018
Debt Counsellors of South Africa said that it was in full support of debt intervention for low income earners. However, DCASA was of the view that the Debt Relief Bill was unlikely to achieve the intended relief because the intervention process was too complex, ambitious, undefined and unworkable. DCASA recommended ...
Trade, Industry and Competition
Sugar cane growers’ dispute: DTI progress report
29 Nov 2017
The Department of Trade and Industry (DTI) reported that it had appeared before the Committee on 12 October and 10 November 2017 about the ongoing dispute between the SA Cane Growers Association (SACGA) and the SA Farmer Development Association (SAFDA). SAFDA argued that it was not recognised by the sugar ...
Trade, Industry and Competition
State of manufacturing, Industrial Policy Action Plan (IPAP) and WTO: DTI update with Minister of Trade and Industry
28 Nov 2017
The Committee received a briefing from the Department of Trade and Industry (DTI) on the Industrial Policy Action Plan (IPAP) 2016/17 Annual Report, status of the manufacturing sector and the upcoming World Trade Organisation (WTO) Ministerial Conference in December 2017.
The Minister of Trade and Industry, Dr Rob Davies, began ...
Finance Standing Committee
Amended Financial Services Sector: DTI briefing; Transformation of the Financial Sector Transformation Committee Report & Proposed Fiscal Policy Framework: finalisation
15 Nov 2017
The Standing Committee on Finance and Portfolio Committee on Trade and Industry together with the Department of Trade and Industry met for further discussions on the Transformation of the Financial Sector Report. This was report one of two, the second report would be discussed in 2018.
The Department of Trade ...
Trade, Industry and Competition
Trade update
15 Nov 2017
The Department of Trade and Industry (DTI) updated the Committee on South Africa’s trade agreements. The presentation spoke to the international context, regional integration and review of the SA Customs Union (SACU) agreement. The Committee was updated on SA’s position in the European Union bloc particularly in reference to the ...
Trade, Industry and Competition
National Credit Amendment Bill (Debt Relief Committee Bill): preparation for public comment
14 Nov 2017
Documents handed out: National Credit Amendment Bill (to Members only)
A Parliamentary legal adviser took the Committee through the minor terminological changes to a draft of the National Credit Amendment Bill. The proposed Bill provided debt interventions for South Africans who might not qualify to undergo debt review or sequestration ...