Politician Profile Page
Finance Standing Committee
Fiscal Framework and Revenue Proposals: public hearings
4 Mar 2015
The Standing Committee on Finance and the Select Committee on Finance held a joint meeting to hear public comment by various institutions and labour federations on the Fiscal Framework and Revenue Proposals.
The South African Institute of Chartered Accountants (SAICA) commended the Finance Minister and his National Treasury team for ...
Finance Standing Committee
Fiscal framework and revenue proposals; Division of Revenue Bill: Parliamentary Budget Office briefing
3 Mar 2015
The Parliamentary Budget Office (PBO) presented under various headings:
▪ Fiscal Framework: Budget 2015 recognised that the counter-cyclical approach had reached its limits. Fiscal consolidation could no longer be postponed. The current fiscal package was designed to narrow the deficit and stabilise debt. The poor could face the effects of ...
Finance Standing Committee
2015 Budget: Minister of Finance briefing
26 Feb 2015
The Minister of Finance and a team of senior delegates from the National Treasury presented a summary of the presentation of the 2015 Budget to the joint meeting of the Select Committees on Finance and Appropriations and the Standing Committees on Finance and Appropriations. Members kept their questions short and ...
Finance Standing Committee
Auditing Profession Amendment Bill: adoption
24 Feb 2015
Voting on the Bill had originally been scheduled for 18 February 2015, but the Chairperson decided that voting had to be deferred on that date, as a submission by the South African Institute for Professional Auditors (SAIPA) had not yet been responded to. A meeting between the Independent Regulatory board ...
Finance Standing Committee
Voting on Auditing Profession Amendment Bill (deferred); Financial and Fiscal Commission Amendment Bill: submission on appointments; Committee Programme
18 Feb 2015
Scheduled voting on the Auditing Profession Bill did not take place. A Parliamentary legal adviser; the National Treasury and a Committee researcher provided comments in preparation for voting, but it emerged that submissions on the Bill had not yet been properly processed. The Chairperson decided that voting had to be ...
Finance Standing Committee
Financial and Fiscal Commission Amendment Bill: further deliberations
4 Feb 2015
The Committee met for further deliberations on the Financial and Fiscal Commission (FFC) Amendment Bill and began by going through a presentation by National Treasury from the previous meeting on the said Bill. After discussion, Members felt Treasury should look at how many members would be full time and the ...
Finance Standing Committee
Banks Amendment Bill: public hearings; Auditing Profession Amendment Bill: deliberations
4 Feb 2015
The Standing Committee on Finance held public hearings on the Banks Amendment Bill and deliberations on the Auditing Profession Amendment Bill. Thirteen written submissions had been made on the Banks Amendment Bill, but only four of the entities who had made submissions gave oral presentations. These were Investec Asset Management, ...
Finance Standing Committee
Auditing Profession Amendment Bill, Banks Amendment Bill & Financial & Fiscal Commission Amendment Bill: National Treasury briefing
3 Feb 2015
The National Treasury briefed the Standing Committee on the Banks Amendment Bill. Urgent amendments to the Banks Act were needed to increase options for the curator to resolve a bank unable to meet its obligations. Urgency was required to extend the option to the curatorship of African Bank. The option ...
Finance Standing Committee
PC Finance: Committee Reports: Adopted
27 Nov 2014
The Committee met to consider and adopt the outstanding reports and minutes. A DA Member suggested that the matter of African Bank needed to be further considered at another Committee meeting, as there was not enough information provided by the National Treasury on the matter. He also noted that the ...
Finance Standing Committee
Twin Peaks legislation, retirement reform: National Treasury briefings, Davis Tax Committee report postponed
25 Nov 2014
The National Treasury briefed the Committee on the proposals for Twin Peaks legislation, and gave the background and a summary of the main issues leading to the financial crisis of 2008, South Africa’s response and policy strategy, the concept of holistic reform, and the process to be followed. going forward. ...