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NCOP Appropriations
Transfer to SAA subsidiaries & conditions attached: DPE briefing; Appropriation Bill & Special Appropriation Bill: Committee Reports; with Deputy Minister
9 Jun 2021
Video: Joint Meeting: Select Committee on Appropriations and Select Committee on Public Enterprises
At a virtual meeting, the Committees were briefed by the Department of Public Enterprises on the proposed transfer of R2.7bn to South African Airways subsidiaries. The Committee was also updated on the expenditure ...
NCOP Finance
Key Challenges in Ensuring Economic Development: Parliamentary Budget Office briefing
8 Jun 2021
Video: Select Committee on Finance, 08 June 2021
The Parliamentary Budget Office (PBO) gave a briefing as part of the Committee’s continuous education to ensure it as more rigorous engagements with Treasury and other parties it encounters. The briefing was sparked by the point made that the IMF and World ...
NCOP Finance
Land and Agricultural and Development Bank of South Africa on Quarterly Reports
1 Jun 2021
Video: Select Committee on Finance, 01 June 2021
The Land Bank was invited to present its previous two quarterly reports to the Select Committee on Finance. A significant financial loss of R2.8 billion was incurred in 2019/2020. In 2019/2020 there had also been a disclaimed audit opinion, largely due to ...
NCOP Appropriations
Division of Revenue Bill: final mandates; Committee Report on Agriculture conditional grants
26 May 2021
Consequence management was raised in the underspending of Agriculture Conditional Grants in provinces, which has an impact on service delivery to communities. The Committee debated whether the correct procedure was to call in the MEC of the provincial department or the Premier. The Senior Parliamentary Legal Advisor ...
NCOP Finance
A guide to understanding major cryptocurrency issues and regulatory framework: NT & PBO briefing
25 May 2021
Video: Select Committee on Finance
The Select Committee on Finance received a presentation from the Parliamentary Budget Office (PBO) and National Treasury on the major issues surrounding cryptocurrency and the regulatory framework.
Members were told, in the virtual meeting, that the idea of cryptocurrency was invented in the late 1990s. ...
NCOP Appropriations
Division of Revenue Bill [B3-2021]: negotiating mandates
19 May 2021
Each province read out their negotiating mandates for the Division of Revenue Bill [B3-2021], with the Eastern Cape abstaining and the Western Cape being the only province to vote against the Bill.
National Treasury responded to the reservations and comments made by provincial legislatures, which included concerns about the ascertainment ...
NCOP Appropriations
Division of Revenue Bill: public hearings & SALGA input
12 May 2021
Video: Select Committee on Appropriations
The South African Local Government Association (SALGA) and the Congress of South African Trade Unions (COSATU) provided the Committee with responses on the Division of Revenue (DoR) Bill.
In a virtual meeting, Members asked about SALGA’s involvement in the budget lekgotla, and whether the complaints ...
NCOP Finance
Implementing the Economic Reconstruction and Recovery Plan: PBO briefing
11 May 2021
Video: Select Committee on Finance
Economic Reconstruction and Recovery Plan
The Select Committee on Finance received a briefing from the Parliamentary Budget Office on the progress of the Economic Reconstruction and Recovery Plan. President Ramaphosa first presented the Recovery Plan to a Joint Sitting of Parliament in October 2020. The ...
NCOP Finance
Joint Strategic Planning Workshop
23 Mar 2021
Video: Joint Workshop: Select Committee on Finance and Select Committee on Appropriations, 23 March 2021
The Select Committees on Finance and on Appropriations met for a joint virtual strategic planning workshop. The amended Strategic Plan and 2021/22 Annual Performance Plan (APP) of each of the Committees was presented with the ...
NCOP Appropriations
Division of Revenue Bill: briefings by Financial and Fiscal Commission (FFC) and Parliamentary Budget Office (PBO)
17 Mar 2021
The Financial and Fiscal Commission and Parliamentary Budget Office briefed the Committee on the 2021 Division of Revenue Bill (B3-2021).
The issue of corruption was prominent throughout the discussion and whether the state is equipped to deal with, and rectify it. How many provincial officials have been sent to prison ...