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Finance Standing Committee
2016 Budget: Public hearings
2 Mar 2016
The joint sitting of the Standing and Select Committees on Finance heard submissions from six entities on the Revenue Laws Amendment Bill. The entities were the Congress of South African Trade Unions (COSATU), the Witwatersrand University’s School of Economics and Business Science, the Federation of Unions of South Africa (FEDUSA), ...
NCOP Finance
Land Bank on their Corporate Plan for 2015/16 – 2017/18 briefing
16 Feb 2016
Land Bank briefed the Committee on its Corporate Plan. It noted that it shares characteristics of both a commercial bank and a Development Finance Institution(DFI). It would be meeting in the following week to approve the final Corporate Plan, which would be subject to approval of the National Treasury (NT). ...
NCOP Finance
Progress made with regards to implementation of Memorandum of Agreement (MOA): Monitoring and Evaluation Committee (former Limpopo Administrators) briefing
2 Feb 2016
The MEC for Treasury (in Limpopo) informed the Committee that Limpopo had moved from a section 100(1)(b) intervention to section 100(1)(b) in 2014 for all five government departments, according to a Cabinet decision. There had been a R2.1 billion overdraft in December 2011, but the cash situation was currently stable. ...
NCOP Finance
Taxation Laws Amendment Bill [B29B-15]; Tax Administration Laws Amendment Bill [B30-15]: briefing & adoption; Committee Report on Limpopo oversight visit
27 Nov 2015
The Committee heard a joint presentation from National Treasury and the South African Revenue Service on the Taxation Laws Amendment Bill [B29B-2015] and the Tax Administration Laws Amendment Bill [B30-2015]. The presentation dealt with changes to the law in the areas of general business taxes, taxation of financial institutions and ...
NCOP Appropriations
Adjustments Appropriation Bill [B28-15], Finance Bill [B31-15], New Development Bank Special Appropriations Bill [B32-15]: adoption
26 Nov 2015
The Committee adopted the Adjustments Appropriation Bill, the Finance Bill and the New Development Bank Special Appropriations Bill.
The Democratic Alliance presented a submission on the DA's position on the Adjustments Appropriation Bill. It detailed various budget items within the budget votes of departments which the DA believed could have ...
NCOP Appropriations
Adjustments Appropriation Bill[B28-15]; Finance Bill [B31-15]; and New Development Bank Special Appropriations Bill [B32-15]: consideration; Proposed division of revenue and conditional grant allocations to provinces and local government: consideration
25 Nov 2015
The National Treasury briefed the Committee on the New Development Bank Appropriation Bill. The New Development Bank (the Bank) is a multilateral development bank,whose members in the first instance will be the BRICS countries as equal partners, with the purpose of mobilising alternative sources of financing, in the form of ...
NCOP Appropriations
Division of Revenue Amendment Bill: final mandates; Committee Report on Division of Revenue Amendment Bill
24 Nov 2015
The Committee had held a meeting on 17 November and two matters were raised that necessitated the need to obtain legal opinion. These were: whether the Select Committee may consider a Bill and the negotiating mandates from Provincial Legislatures prior to the National Assembly passing the Bill which it only ...
Ad Hoc Joint Committee on Probing Violence Against Foreign Nationals
Ad Hoc Joint Committee on Probing Violence Against Foreign Nationals Report: adoption of final report
18 Nov 2015
The Ad hoc Joint Committee on Probing Violence against Foreign Nationals met to attempt to finalise its report, and to adopt minutes of previous meetings. The Committee deliberated extensively on the draft Report but could not finalise the matter, or adopt the minutes, because it did not quorate at the ...
Ad Hoc Joint Committee on Probing Violence Against Foreign Nationals
Inter-Ministerial Committee briefing
10 Nov 2015
Mr Jeff Radebe, Minister in the Presidency, briefed the Committee on the findings of the Inter-Ministerial Committee on the recent violent attacks on foreign nationals that had taken place across the country, particularly in KwaZulu Natal. The National Intelligence Coordinating Committee indicated that the instances of violence which flared up ...
Higher Education, Science and Innovation
University Funding & 2015 MTBPS: hearing with DHET & Council on Higher Education, with Minister
4 Nov 2015
A joint meeting of the Standing and Select Committees on Appropriations and the Portfolio Committee on Higher Education heard submissions from the Department of Higher Education and Training (DHET) and the Council on Higher Education (CHE) on the funding of the higher education sector and the post-school education and training ...