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Finance Standing Committee
2017 Budget: Minister of Finance briefing
23 Feb 2017
The Minister of Finance, Mr Pravin Gordhan, and officials from National Treasury, briefed the Committees, sitting jointly, on the 2017 budget. It was reported that 95% of the country’s wealth remains highly concentrated, with the minority having control over the resources. The 2017 budget plays a central role in transforming ...
Finance Standing Committee
FICA Amendment Bill referral: briefings; Financial Sector Regulation Bill: omission; with Deputy Minister
7 Dec 2016
Discussion on Adoption of Financial Sector Regulation Bill
The Committee discussed the reasons for the omission of three clauses of the Financial Sector Regulation Bill when it was voted on in the National Assembly on 6 December 2016 and the way forward. The Chairperson indicated that this had been a ...
Finance Standing Committee
South African Airways (SAA) on its Annual Report 2015/16
16 Nov 2016
South African Airways (SAA) reported that its revenue for 2015/2016 had amounted to R28.8 billion, which was an increase of 1% over the previous year. There had been a 3% increase in load factors, and average air fares were up by 2%. Ancillary revenues had also improved ...
Finance Standing Committee
Progress report and preliminary financial results: South African Airways briefing, with Deputy Minister present
20 Sep 2016
The meeting involved a presentation by the board of South African Airways (SAA) to the Standing Committee on Finance (SCOF) followed by a question and response session including input from the National Treasury (NT). The presentation included a progress report and preliminary financial results for the 2014/2015 and 2015/2016 financial ...