Public Enterprises
Financial and governance challenges facing Denel; Developments at Eskom; with Deputy Minister
31 Aug 2022
The Portfolio Committee on Public Enterprises convened on a virtual platform for a joint meeting with the Select Committee on Public Enterprises and Communication, and the Portfolio Committee on Mineral Resources and Energy to receive an update on the financial and governance challenges faced by Denel, and an update ...
Public Enterprises
Alexkor 2020/21 Annual Report; with Deputy Minister
24 Aug 2022
The interim board of Alexkor briefed the Committee in a virtual meeting on the ailing mining company's situation, based on the annual report and financial statements which predated the tenure of this board.
The presentation highlighted three areas of importance for the entity -- governance, ensuring that mining was ...
Finance Standing Committee
Public Finance Management Amendment Bills: Motions of Desirability
15 Jun 2022
The Committee met to consider motions of desirability on two Private Members’ Bills to amend the Public Finance Management Act. The majority of Members rejected the motions.
DA Members sponsoring the Public Finance Management Amendment Bills argued that the Committee should agree to the proposed amendments rather than accept ...
Finance Standing Committee
Public Finance Management Amendment Bills: response to submissions
14 Jun 2022
The virtual meeting dealt with the responses to National Treasury submission on the two Private Members Bills amending the Public Finance Management Act.
• The Public Finance Management Amendment Bill [B41-2018] drafted by MP Lees aims to amend the Public Finance Management Act to provide for parliamentary oversight when ...
Public Enterprises
Challenges facing rail infrastructure and road to rail strategy: DoT briefing
8 Jun 2022
In a virtual meeting, the Committee was briefed by the Department of Transport and its two rail transport entities, Transnet and the Passenger Rail Agency of South Africa (PRASA), on challenges facing rail infrastructure and the road-to-rail freight migration strategy. The Committees' view was that the process of building ...
Finance Standing Committee
Public Finance Management Amendment Bills: public hearings
7 Jun 2022
The Committee held public hearings on two Private Members’ Bills (Public Finance Management Amendment Bill [B41-2018] and [B13-2020]) seeking to amend the Public Finance Management Act.
Only one oral submission from Lebut Solutions JW was made. The company’s submission proposed additional clauses to both Bills and did not speak ...
Public Enterprises
DALRRD on unresolved land claim issues affecting Safcol and Alexkor; with Deputy Minister
1 Jun 2022
The Portfolio Committee on Public Enterprises convened in a virtual meeting to receive a briefing by the Department of Agriculture, Land Reform and Rural Development (DALRRD) on the status of the Richtersveld land claim, and the South African Forestry Company Limited (SAFCOL) and Alexkor land claims reports.
The Chairperson ...
Public Enterprises
Policy impediments that prohibit SOEs from advancing their developmental mandate: National Treasury & dtic briefing
25 May 2022
National Treasury briefed the Portfolio Committee in a virtual meeting on its responses to State-Owned Companies' (SOCs') procurement legislative challenges, taking the Committee through the challenges and indicating the proposals put forward to deal with some of them.
Some of these challenges included the requirement of National Treasury to ...
Public Enterprises
Public Enterprises Budget: Committee Report
18 May 2022
The Committee met on a virtual platform to go through and consider the draft Budget Vote report of the Department of Public Enterprises. The report included the mandate of the Department and its relationship with state-owned enterprises (SOEs) and companies, the 2022/2023 budget, policy priorities and Committee ...
Finance Standing Committee
MP Lees PMB Public Finance Management A/B & MP Cachalia PMB Public Finance Management A/B
17 May 2022
In this virtual meeting, the Committee received a briefing on two Private Members’ Bills that seek to amend the Public Finance Management Act, namely the Public Finance Management Amendment Bill [B41 – 2018] and the Public Finance Management Amendment Bill [B13 – 2020].
The first bill was proposed by ...