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Finance Standing Committee
Committee Report on 2018/19 Budget
6 Mar 2018
The Standing Committee on Finance together with the Select Committee on Finance met for consideration and adoption of the Fiscal Framework and Revenue Proposals (Budget) Report.
The main highlights of the report was as follows: The Committees noted that this was probably the most difficult and challenging budget presented since ...
Finance Standing Committee
2018 Budget: public hearings
28 Feb 2018
The Standing Committee of Finance and the Select Committee on Finance held public hearings on the 2018 Budget (Fiscal Framework and Revenue Proposals).
The South African Institute of Chartered Accountants (SAICA) acknowledged that during the 2018 Budget presentation, the Minister had reinforced the message of the President in that this ...
Finance Standing Committee
2018 Budget: Parliamentary Budget Office & FFC briefing
27 Feb 2018
The Standing Committee on Finance and Standing Committee on Appropriations, together with the Select Committee on Finance and Select Committee on Appropriations met with the Financial and Fiscal Commission (FFC), and the Parliamentary Budget Office (PBO) for 2018 Budget discussions.
The Financial and Fiscal Commission (FFC) stated that three key ...
Finance Standing Committee
2018 Budget: Treasury briefing; Minister & Deputy Minister of Finance Input
22 Feb 2018
President Cyril Ramaphosa: 2018 State of the Nation Address
The Standing Committee on Finance, Standing Committee on Appropriations, together with the Select Committee on Finance and Select Committee on Appropriations were briefed on the 2018 Budget by the National Treasury in the presence of the Minister of Finance.
The Minister ...
Joint Standing Committee on Financial Management of Parliament
Parliament Quarter 3 performance 2017/18: briefing by Acting Secretary to Parliament
21 Feb 2018
Document: Research and Content Analysis Report on Parliament Quarter 3 performance 2017/18 (not available to the public)
After briefings on Parliament Quarter 3 performance 2017/18 by both the Acting Secretary to Parliament and the researchers and analysts, the following concerns were identified:
• Unspent funds should be redirected to the ...
Finance Standing Committee
Pre-Budget briefing by Parliamentary Budget Office
20 Feb 2018
The Standing Committees on Finance and Appropriations, together with the Select Committees on Finance and Appropriations held a pre-budget briefing with the Parliamentary Budget Office.
The Parliamentary Budget Office (PBO) indicated that the state of the nation address (SONA) had paved the way for stakeholders and set an overall positive ...
Finance Standing Committee
Carbon Tax Draft Bill: National Treasury briefing
13 Feb 2018
The briefing by National Treasury on the draft Carbon Tax Bill consisted of two presentations. The first presentation clarified South Africa’s Greenhouse Gas (GHG) emission reduction system, while the second detailed South Africa’s Draft Carbon Tax Bill, 2017.
In 2015, Cabinet had approved South Africa’s climate change mitigation system framework. ...
NCOP Finance
Rates & Monetary Amounts and Amendment of Revenue Laws Bill; Taxation Laws Amendment Bill; Tax Administration Laws Amendment Bill, Insurance Bill: adoption
1 Dec 2017
The Committee met for deliberations on the Rates & Monetary Amounts and Amendment of Revenue Laws Bill; Taxation Laws Amendment Bill; Tax Administration Laws Amendment Bill, and Insurance Bill. The three Bills and respective Committee reports on the Bills were adopted.
On the Rates & Monetary Amounts and Amendment of ...
NCOP Finance
Insurance Bill; Health Promotions Levy
29 Nov 2017
Representatives of the National Treasury (NT), South African Reserve Bank (SARB) and the Financial Service Board (FSB) presented their propositions on the Insurance Bill before the Committee. The Bill was first submitted in January 2015. It had been tabled before the Standing Committee on Finance and four public hearings had ...
Standing Committee on Appropriations
2017 MTBPS; Adjustments Appropriation Bill: hearings
24 Nov 2017
A joint meeting of the Standing and Select Committees on Appropriations received opinions and recommendations from the United Nations Children’s Fund (UNICEF) and the Civil Society Organisation (CSO) group on the 2017 Medium Term Budget Policy Statement (MTBPS) and the Adjustments Appropriation Bill.
The meeting started on a contentious note, ...