Politician Profile Page
Public Enterprises
Alexkor on its Annual Report 2015/16
16 Nov 2016
It was evident that Alexkor is under a great deal of financial strain and pressure. The key challenges were: Alexkor’s lack of an adequate working capital; low carat production which resulted in a 7% diamond revenue decrease; the full and final implementation of the Deed of Settlement, ...
Economic Development
Minister of Economic Development on Quarter 2 Performance
15 Nov 2016
The Minister stated that growth rates on the African continent were faster than global average since 2000, driven by an expanding demand for commodities, rising urbanisation and growing investment levels. However, African growth is now slowing sharply. South Africa’s growth will be affected by weaker continental growth. Total trade between ...
Economic Development
New Growth Path: response to questions by Minister of Economic Development
8 Nov 2016
The Minister responded in detail to questions asked by members at the 25 October meeting. His responses highlighted that in unlocking investment it is important that the country focus on the political economy, market opportunity, access to infrastructure, regulatory efficiency, skills availability, and competitiveness and inclusion. The Minister noted that ...
Public Enterprises
Alexkor Annual Report: postponed due to absence of executives
2 Nov 2016
The Alexkor Board was supposed to brief the Committee on its 2015/16 Annual Report. However the Committee observed that most of the executives were not present and sought an explanation for this. After being informed that the entity was affected by multiple resignations, Members agreed to excuse ...
Economic Development
Committee minutes
1 Nov 2016
Documents:
Draft Minutes of the Portfolio Committee, 08 March 2016
Draft Minutes of the Portfolio Committee, 15 March 2016
Draft Minutes of the Portfolio Committee, 05 April 2016
Draft Minutes of the Portfolio Committee, 12 April 2016
Draft Minutes of the Portfolio Committee, 23 August 2016
Draft Minutes of the ...
Rural Development and Land Reform
Rural Development and Land Reform Budget Review and Recommendations Report; Proposed study tour
26 Oct 2016
The Committee considered the draft Budget Review and Recommendations Report.
Members raised a point that for as long as the Department still had fruitless and wasteful expenditure these should be investigated because lack of compliance is not condoned; that there was never any report back from the Department on how ...
Public Enterprises
Denel on its 2015/16 Annual Report; Public Enterprises Budget Review and Recommendations Report
26 Oct 2016
Denel briefed the Committee on its annual report and financial statements for the 2015/16 financial-year, and indicated that the entity had continued to improve on historic results through restructuring and turnaround interventions, and had posted a profit for five consecutive years. The strategic focus was on increasing ...
Economic Development
New Growth Path: Minister of Economic Development progress report; Economic Development BRRR
25 Oct 2016
The Minister of Economic Development presented on the New Growth Path preliminary medium term review. He stated that prior to the adoption of the NGP employment stood at 13 638 000 jobs, after the NGP the statistics showed 15 545 000 jobs that have been created thus far. Therefore, since ...
Arts and Culture
Heritage Foundation forensic report; PanSALB legal standing & way forward; Arts and Culture Budgetary Review and Recommendations Report
25 Oct 2016
The Committee proceeded with its discussion and adoption of the Budget Review and Recommendations Report (BRRR) before turning its attention to the forensic investigation arising from a memorandum of understanding (MoU) between the South African Heritage Resources Agency (SAHRA) and the Heritage Foundation.
Before the BRRR was adopted, a Member ...
Telecommunications and Postal Services
ZADNA on its 2015/16 Annual Report
20 Oct 2016
Ms D Tsotetsi (ANC) was nominated as the Acting Chairperson.
ZA Domain Name Authority (ZADNA) presented its Annual Report for 2015/16 to the Committee, taking the Members through the main highlights of that report. The first section explained the meetings that had been held by the Authority. ...