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Finance Standing Committee
Taxation Laws Amendment Bill & Taxation Administration Laws Amendment Bill: workshop
18 Aug 2015
National Treasury and the South African Revenue Service (SARS) held a workshop with the Committee on the Draft Taxation Laws Amendment Bill (TLAB) and the Taxation Administration Laws Amendment Bill (TALAB). Discussions on the draft TLAB covered general business taxes, personal income tax, taxation of financial institutions and products; tax ...
Finance Standing Committee
“Twin Peaks” legislation: briefing by National Treasury
11 Aug 2015
The 2008 global financial crisis proved that big benefits were associated with the financial sector, but also big risks. Financial sector regulation had to be intrusive, intensive and effective to make the financial sector safer. South Africa had opted for the Twin Peaks model to shift from a banking and ...
Finance Standing Committee
Financial Sector Assessment Programme: National Treasury & International Monetary Fund briefings
5 Aug 2015
The National Treasury gave a contextual background to the Financial Sector Assessment Programme (FSAP) of South Africa, which was undertaken in 2014. This was supported by a presentation by a representative of the International Monetary Fund, who explained what the FSAP was. Following the 2008 global financial crisis, South Africa, ...
Defence
Committee business: Consideration and adoption of outstanding minutes; Consideration of a Letter from the President
18 Jun 2015
The outstanding minutes of the Committee were adopted, as well as a letter from the President pertaining to Operation Fiela. Concerns had been raised over the implementation of the operation, particularly with regard to the deployment of troops domestically. The Committee decided it would request a briefing from the Minister ...
Defence and Military Veterans
Military Veterans: delivery of benefits and services - progress reports by departments & agencies
10 Jun 2015
The Departments of Human Settlement and Military Veterans plus nine other entities made submissions before the Portfolio Committee on Defence and Military Veterans regarding their role in the socio-economic upliftment of the military veterans.
The Department of Military Veterans (DMV) revealed it has signed a number of MOUs and service ...
Defence and Military Veterans
Engagement with Royal College of Defence Studies
2 Jun 2015
The Committee engaged with the Royal College of Defence Studies (RCDS), which focuses on themes of security, stability and prosperity at the grand strategic level. The College will be in Africa for a number of weeks for private research and study. Mr E Mlambo (ANC, Gauteng), co-chair of the Joint ...
Defence
SA National Defence Force on transformation progress, challenges, plans
28 May 2015
The South African National Defence Force briefed the Committee on transformation in the Force (SANDF). It was noted that mechanisms that facilitated transformation included transformational leadership at all levels, empowerment programmes, implementation of mentoring and coaching programmes and monitoring of programmes designed to enhance representivity. The Department had set up ...
Defence and Military Veterans
Department of Defence 4th Quarter Performance Report 2014/15 & progress on strengthening Defence Works Formation; DMV 4th Quarter Performance Report 2014/15 & update on establishing & maintaining a reliable military veterans database
27 May 2015
The Secretary for Defence gave a summary of the quarterly performance targets, and outlined the programmes of the South African National Defence Force (SANDF). These included Landward Defence, Air Defence, Military Health Support and Defence Intelligence. The budget allocation was R42.856 billion, of which the Department had spent R42.842 billion, or 99.97%. ...
Defence
Joint meeting with Portfolio Committee on Defence and Military Veterans on Joint oversight visits and Study Tours
14 May 2015
The Committee as well as the Portfolio Committee on Defence and Military Veterans met jointly to plan and deliberate on their oversight and study tour options for the year. Members debated on the merits of the study tours and considered visiting the Democratic Republic of Congo, Australia and Vietnam. The ...
Defence
Defence Review : Draft Committee Report adopted (objections from DA), Letters from President deferred
30 Apr 2015
The Committee met to adopt its Draft Report on the Defence Review. A DA Member had submitted a document, at a previous meeting, in which he set out 21 suggestions on the Defence Review, which had been circulated to and read by all Committee Members. Mr Maynier was given the ...