Politician Profile Page
Finance Standing Committee
Economic Performance and Outlook: South African Reserve Bank briefing
18 Feb 2020
The Finance Committees of the National Assembly and National Council of Provinces (NCOP) held a joint meeting to receive a briefing by the Governor of the South African Reserve Bank (SARB) and other officials on the Bank’s monetary policy.
They were told that lower inflation had created space for the ...
NCOP Finance
IRBA Annual Report and legislative changes to its powers and functions
11 Feb 2020
The Independent Regulatory Board for Auditors (IRBA) Annual Report outlined steps taken to restore confidence in the auditing profession following a number of high-profile scandals. IRBA’s code of ethics was revised. Guidance documents on audit quality indicators were issued to auditors and audit committees. Audit firms were ...
NCOP Finance
DBSA on its R3.5 billion SAA loan, mandate and activities
4 Feb 2020
The Development Bank of Southern Africa (DBSA) gave a briefing on how it was fulfilling its mandate as a government-owned development finance institution tasked with promoting economic growth and human resource development.
However, much of the discussion centered on what one Committee member described as “the elephant in the room” ...
NCOP Appropriations
Committee Reports: Adjustments Appropriation Bill 2019 & Proposed division of revenue and conditional grant allocations to Provinces and Local Government in 2019 MTBPS
5 Dec 2019
Draft report on proposed division of revenue and conditional grant allocations
Draft Report on Adjustments Appropriation Bill
The report was adopted with amendments, with the DA reserving a right to check on legality.During consideration of the draft report on the Adjustments Appropriation Bill, the DA questioned the notion that the Select ...
NCOP Finance
Tax Bills (TLAB &TALAB) & Rates Bill: finalization
3 Dec 2019
The Committee deferred its adoption of its reports on the 2019 Tax Administration Laws Amendment Bill, Taxation Laws Amendment Bill and Rates and Monetary Amounts and Amendment of Revenue Laws Bill after Members observed the reports required further work. The adoption was deferred to either later the afternoon or tomorrow ...
Standing Committee on Appropriations
Division of Revenue Amendment Bill [B15-2019]: Salga briefing & public hearings
15 Nov 2019
The Standing and Select Committees on Appropriations heard submissions from the South
African Local Government Association (SALGA) and the Organisation Undoing Tax Abuse (OUTA) on the 2019 Division of Revenue Amendment Bill (DoRAB).
SALGA told the committees that the weaker economy meant that local government’s equitable share of national revenue ...
Standing Committee on Appropriations
2019 Division of Revenue Amendment Bill: National Treasury briefing
14 Nov 2019
The National Treasury briefed the Standing and Select Committees on Appropriations on the 2019 Division of Revenue Amendment Bill (DoRAB). They were told it proposed relatively small in-year adjustments in the allocation of funds to national, provincial and local government.
The Committees were briefed on the way in which the ...
Finance Standing Committee
2019 Revised Fiscal Framework and Revenue Proposals: public hearings
6 Nov 2019
The Finance Committees of the National Assembly and the National Council of Provinces held a joint public hearing to receive submissions on the Medium Term Budget Policy Statement (MTBPS).
The Congress of South African Trade Unions (COSATU) told the committees that it found the MTBPS “shockingly weak and inadequate". Government ...
Finance Standing Committee
2019 MTBPS: PBO & FFC briefing
5 Nov 2019
Members of the Finance and Appropriations Committees heard opposing views on what should be done to restore the country’s finances when they were briefed on the Medium Term Budget Policy Statement (MTBPS) by the Financial and Fiscal Commission (FFC) and the Parliamentary Budget Office (PBO).
In its presentation, the FFC ...
Finance Standing Committee
2019 Pre-MTBPS: Parliamentary Budget Office briefing
29 Oct 2019
Video: Mboweni fields questions on mini-budget
Key Budget Documents MTBPS 2019
2019 MTBPS
Parliament’s Standing and Select Committees on Finance and Appropriations held a joint session during which they were briefed by the Parliamentary Budget Office (PBO) on the Medium Term Budget Policy Statement (MTBPS) to be delivered by the ...