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NCOP Economic Development & Trade
National Credit Regulator on its 2016 Annual Performance Plan
6 Apr 2016
The Committee was provided with insight into the state of the credit market in SA. The total gross debtors’ book to date was R1.63 trillion. The total Rand value of new credit granted was R123.93 billion with mortgages comprising R39.39 billion (31.78%). Unsecured credit increased by 13.28% from R18.23 billion ...
NCOP Economic Development & Trade
Final Special Economic Zones regulations: Department briefing
2 Mar 2016
The Department of Trade and Industry briefed the Select Committee on Trade and International Relations on regulations in terms of the Special Economic Zones Act of 2014.
The Department of Trade and Industry (dti) informed the Committee that the Special Economic Zones Act (SEZ) has been operational since February 2016 ...
NCOP Economic and Business Development
Expropriation Bill [B4B-2015]: briefing by Deputy Minister of Public Works; with Minister present
1 Mar 2016
Deputy Minister Jeremy Cronin pointed out that section 25 of the Constitution, which spoke about the right to property, also spoke about expropriation. It allowed for expropriation where it was for a public purpose or for the public interest where appropriate. The deprivation of property via expropriation could not be ...
NCOP Economic Development & Trade
Black Industrialists Policy: Department of Trade and Industry briefing
24 Feb 2016
The Department of Trade and Industry provided a background to the Black Industrialists Policy (BIP) and described how it was expected to bolster economic development in South Africa. The DTI explained that the South African economy had experienced stunted growth as a result of the legacy of Apartheid, which excluded ...
NCOP Economic Development & Trade
South African Development Partnership Agency (SADPA): progress report
17 Feb 2016
In its progress report, the Department of International Relations and Cooperation (DIRCO) gave an overview of the objectives, core programmes, macro-functions and the progress made in the establishment of the South African Development Partnership Agency. DIRCO has completed the following steps necessary for the establishment of SADPA: the business case, ...
NCOP Economic Development & Trade
South African Tourism on its 2014/15 Annual Report
27 Jan 2016
South African (SA) Tourism briefed the Committee on its Annual Report 2014/15. The briefing provided insight into the global environment as it affected tourism. Some of the challenges related to the difficult trading conditions globally, there was also global insecurity causing nervousness amongst travellers and delays in visa issuance impacted ...
NCOP Economic and Business Development
Department of Public Works on its 2014/2015 Annual Report
26 Jan 2016
The presentation covered the mandate of the Department, the Ministerial priorities, a historical perspective and the strategic realignment of the Department, a high level look at the performance highlights of the Department, the performance of the various programmes of the Department and lastly a look at the financial statements of ...
NCOP Economic and Business Development
Department of Energy on its 2014/15 Annual Report; Committee report on Protection of Investment Bill and Protocol on TRIPS
25 Nov 2015
The Department of Energy (DoE) briefed the Committee on its 2014/15 Annual Report. The Committee was provided with insight into the DoE’s non financial performance in relation to its service delivery environment, its service delivery improvement plan, its organisational environment and key policy development and legislative changes. Some key areas ...
NCOP Economic Development & Trade
WTO Decision on Implementation of Paragraph 6 of DOHA Declaration on TRIPS Agreement and Public Health; Protection of Investment Bill [B18B-15]: briefing & adoption
24 Nov 2015
The Committee asked for legal advice as to what constituted a quorum. Legal advice given was that a majority of permanent Members was needed in a meeting in order for a quorum to exist. Taking into consideration the number of Members present it was noted that a quorum did exist. ...
NCOP Economic Development & Trade
Department of International Relations & Cooperation on its 2014/15 Annual Report
11 Nov 2015
The Department of International Relations and Cooperation (DIRCO) briefed the Committee on its 2014/15 Annual Report, providing the Committee with insight into some of its key highlights. DIRCO’s African Agenda formed the backbone of its foreign policy objectives. It had recorded many successes in pursuit of regional peace initiatives such ...