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Finance Standing Committee
Development Bank of South Africa (DBSA) Quarterly Reports; Committee Oversight Visit Reports
1 Jun 2022
The Standing Committee on Finance met on a virtual platform to receive a briefing from the Development Bank of Southern Africa (DBSA) on its Quarterly Report for the final quarter of the 2021/22 financial year.
The Bank informed the Committee that it could not get into ...
Finance Standing Committee
Committee Report on Oversight visit to SASRIA, Land Bank & Financial and Fiscal Commission
31 May 2022
The Standing Committee on Finance met virtually to consider and adopt the Committee’s report on oversight visits to the South African Special Risk Insurance Association (SASRIA), the Land Bank, and the Financial and Fiscal Commission (FFC). The report was presented by the Committee’s Content Advisor and ...
Finance Standing Committee
National Treasury Q4 Performance 2020/21; BEPS Multilateral Convention; Kuwait Taxation Agreement
25 May 2022
The Standing Committee on Finance met on a virtual meeting platform with National Treasury to receive a briefing on its fourth quarter performance for 2020/21.
National Treasury said it had managed to achieve 87% of quarter four indicators.
National Treasury admitted that it was not coping with municipalities as ...
Finance Standing Committee
Financial Management of Parliament and Provincial Legislatures Amendment Bill: briefing
24 May 2022
Financial Management of Parliament and Provincial Legislatures Amendment Act [B1-2014]
Financial Management of Parliament and Provincial Legislatures Act [Act 10 of 2009]
This Amendment Bill has been proposed to strengthen the budgeting and financial management processes in Parliament and provincial legislatures as identified by the CFOs of these institutions. ...
Finance Standing Committee
Financial Sector and Deposit Insurance Levies Bill & Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Bill: deliberations & adoption
18 May 2022
The Standing Committee on Finance met on a virtual meeting platform to consider the Financial Sector and Deposit Insurance Levies Bill and the Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Bill. The accompanying reports on each Bill were also considered.
Present in ...
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 ...
Finance Standing Committee
Financial Sector and Deposit Insurance Levies Bill & Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Bill: Treasury response to public submissions
11 May 2022
In this virtual meeting, the Committee received a presentation from National Treasury on its responses to public comments on the Financial Sector and Deposit Insurance Levies Bill [B3 - 2022] and the Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Bill [B4 - 2022].
The responses ...
Finance Standing Committee
National Treasury Budget: Committee Report
10 May 2022
The Committee met on a virtual platform to consider and adopt its Budget Vote Report for National Treasury: Vote 8. The report was adopted with amendments.
Finance Standing Committee
SARS 2022/23 Annual Performance Plan; with Deputy Minister
3 May 2022
In this virtual meeting, the Committee was briefed by the South African Revenue Services on its Annual Performance Plan for the 2022/23 financial year.
The Deputy Minister of Finance commended the SARS Commissioner and his team for continuing to implement SARS’s mandate during this trying time. He was concerned about ...
Finance Standing Committee
Adoption of Committee minutes and Quarter Two Programme
29 Mar 2022
The Standing Committee on Finance met on a virtual platform for the consideration and adoption of the draft Committee minutes from 2 March 2021 to 23 March 2022, and for the consideration and adoption of the proposed second term programme.
The Committee was taken through the minutes briefly since Members ...