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Finance Standing Committee
2019 Budget: Parliamentary Budget Office briefing
26 Feb 2019
Parliamentary Budget Office - Pre-budget discussion 2019; 2019 Budget Speech; 2018 MTBPS
The Finance and Appropriations Committees met jointly for a briefing by the Parliamentary Budget Office (PBO) on the 2019 Budget. This was a follow-up meeting with MPs.
The PBO said the 2019 Budget priorities included the ...
NCOP Finance
Taxation Laws & Administration Amendment Bills; Rates and Monetary Amounts & Amendment of Revenue Laws Bill: public hearings
28 Nov 2018
The Committee met for public hearings on the Taxation Laws Amendment Bill; Tax Administration Laws Amendment Bill; and Rates and Monetary Amounts and Amendment of Revenue Laws Bill. The Committee did not receive any submissions and therefore did not continue with the meeting.
NCOP Finance
Taxation Laws Amendment Bill; Tax Administration Laws Amendment Bill; Rates and Monetary Amounts and Amendment of Revenue Laws Bill: briefing; Fiscal Framework Committee Report
27 Nov 2018
The National Treasury briefed the Committee on the 2018 budget proposals and draft rates, and on the Monetary Amounts and Amendment of Revenue Laws Bill. The 2018 Budget had contained significant tax proposals, given the funding shortfalls. There had been an estimated R48.2 billion shortfall compared to the 2017 budget. ...
Standing Committee on Appropriations
SAA on R5 billion Special Appropriation Bill; Adjustments Appropriation Bill
21 Nov 2018
The 2018 Special Appropriation Bill for allocating R5bn to SAA was presented by Treasury. The R5bn would only be used to assist SAA to pay guaranteed debts that are coming due on 30 November 2018 but SAA would still be insolvent. It will continue making losses until 2020/21. SAA's identified ...
Standing Committee on Appropriations
Adjustments Appropriation Bill 2018: Department of Transport motivation
21 Nov 2018
The Department of Transport (DoT) explained and motivated for adjustments to its 2018/19 appropriation. It explained that the additional allocation of R33 million was for the City of Cape Town for Phase 2A of MyCiti Bus Rapid Transit System infrastructure project. The R33 million will be used to finalise the ...
NCOP Finance
Money Bills Amendment Procedure and Related Matters Amendment Bill: adoption; Committee Report on Metro Engagements
6 Nov 2018
Members of the Select Committee on Finance met to consider the Money Bills Amendment Procedure and Related Matters Amendment Bill and the Committee report on its engagements with five metropolitan municipalities.
The report on the metros was adopted, with the Chairperson indicating that a report by the Auditor General (AG) ...
Finance Standing Committee
Committee Report on 2018 MTBPS
6 Nov 2018
2018 Medium Term Budget Policy Statement (MTBPS)
MTPBS Speech & Money Bills
The Standing and Select Committees, having considered the 2018 Medium-Term Budget Policy Statement, met for consideration and adoption of the revised fiscal framework Report.
The Committees’ observations and recommendations were highlighted as follows: The Committees believed that they ...
NCOP Land Reform, Environment, Mineral Resources and Energy
Marine Spatial Planning Bill [B9D-2017]: negotiating mandates
30 Oct 2018
The Select Committee, comprised of Members from the National Council of Provinces (NCOP), on Land and Mineral Resources met to discuss the negotiating mandates relating to the Bill on Marine Spatial Planning (MSP).
The KwaZulu-Natal and Western Cape Legislations brought forth some suggestions for amendments. Officials from the Department of ...
NCOP Appropriations
Committee Reports: OR Tambo District Municipality oversight visit & Eastern Cape ECD Grant performance
12 Sep 2018
The Select Committee on Appropriations considered and adopted the draft report on the oversight visit to the OR Tambo District Municipality in the Eastern Cape.
During the oversight visit, the Committee had observed there is an escalation of costs and projects that run from one financial year to the next. ...
NCOP Finance
Buffalo City Metro progress report
11 Sep 2018
The National Treasury reported that the Buffalo City metropolitan municipality’s budget assumptions were credible, and revenue estimates were realistic. The Integrated Development Plan (IDP) strategic objectives were aligned to the National Development Plan (NDP), the provincial agenda and the metro growth and development strategy. The capital budget was reflective of ...