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NCOP Finance
Municipal Fiscal Powers and Functions A/B: National Treasury response to public submissions
19 Sep 2023
The Select Committee convened in a virtual meeting to be briefed by National Treasury on their response to public submissions on the Municipal Fiscal Powers and Functions Amendment Bill [B21B-2022].
Treasury first dealt with the concerns and suggestions the City of Cape Town (CoCT) raised. One of the key ...
NCOP Finance
GPAA 2022/23 Annual Performance
20 Jun 2023
The Select Committee on Finance was briefed by the Government Pensions Administration Agency (GPAA) on its 202/23 annual performance.
While Members were left disappointed by the GPAA’s overall organisational performance of 64%, they were pleased that there has been steady progress at the agency. Furthermore, they were left comforted ...
NCOP Appropriations
Appropriation Bill: Committee Report; Underspending on the Health Conditional Grants: PBO Briefing
14 Jun 2023
The Select Committee on Appropriations began the meeting by considering the Appropriation Bill. The Committee Members were asked to vote on the report on the Bill. After the Members voted, the Bill was adopted.
The Parliamentary Budget Office (PBO) voiced that the healthcare system remains overstretched ...
NCOP Finance
Financial Matters Amendment Bill: Committee Report
14 Jun 2023
The Select Committee met briefly to consider its report on the Financial Matters Amendment Bill.
The Chairperson and Committee Members went through the report, and Members were asked to vote if they supported the report.
Members from the Economic Freedom Fighters (EFF), Democratic Allowance (DA) and ...
NCOP Finance
Financial Matters Amendment Bill: deliberations and policy issues
13 Jun 2023
Summary of Financial Matters Amendment Bill (outstanding document)
The Select Committee on Finance met on a virtual platform to deliberate on matters surrounding the Financial Matters Amendment Bill and policy issues.
National Treasury (NT) and the Independent Regulator Board for Auditors (IRBA) clarified questions regarding the court decision on ...
NCOP Appropriations
Eskom Debt Relief Bill: Committee Report
7 Jun 2023
The Select Committee on Appropriations adopted its report on the Eskom Debt Relief Bill. The Bill, among other things, called for a direct charge against the National Revenue Fund for relief to Eskom.
NCOP Finance
Financial Matters Amendment Bill: public hearings
6 Jun 2023
In a virtual meeting, the Committee heard the views of the Congress of South African Trade Unions (COSATU) on the Financial Matters Bill, during which COSATU indicated their support for the proposed amendments to the Military Pensions Act and the Auditing Profession Act. However, they recommended that the mandatory ...
NCOP Appropriations
Appropriation Bill & Eskom Debt Relief Bill: National Treasury Response to public submissions
31 May 2023
The Committee met with National Treasury to receive their responses to public comments on the Appropriation Bill and Eskom Debt Relief Bill. Members engaged in general discussion on some of the issues to come out of the responses such as classification of appropriations, appropriations for public prosecutions and the ...
NCOP Finance
Government Employees Pension Fund 2021/22 annual report
30 May 2023
Government Employees Pension Fund (GEPF)
In this meeting, the Select Committee on Finance received a briefing on the 2021/22 annual report of the Government Employees Pension Fund (GEPF).
The GEPF reported that its investment portfolio had grown by R201 billion (9.6%) for a value of R2.3 trillion at the ...
NCOP Appropriations
Appropriation Bill & Eskom Debt Relief Bill: public hearings
24 May 2023
The Committee met for public hearings on the Appropriation Bill and Eskom Debt Relief Bill. After presentations from the Congress of South African Trade Unions (COSATU), the Organisation Undoing Tax Abuse (OUTA), the Public Service Accountability Monitor (PSAM), Equal Education, and Dear South Africa, Members expressed their concerns about ...