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Finance Standing Committee
Steinhoff follow-up, with DPSA Minister present
19 Mar 2019
The Standing Committee on Finance met jointly with the Standing Committee on Public Accounts and the Portfolio Committee on Public Service and Administration for a follow-up briefing on the Steinhoff matter. The Johannesburg Stock Exchange, Companies and Intellectual Properties Commission, Financial Sector Conduct Authority, Independent Regulatory Board for Auditors, the ...
Finance Standing Committee
Finance Standing Committee Legacy report
13 Mar 2019
The Committee met to consider its legacy report. The Committee had up to the following week to adopt the report, and the draft had been sent to Members for their perusal.
The key issues were that the Committee had a massive oversight and legislative load over the past five years. ...
Finance Standing Committee
2019 Budget: public hearings
27 Feb 2019
The Standing and Select Committees on Finance held public hearings on the 2019 Budget. COSATU, the Pietermaritzburg Pensioners Forum, the Budget Justice Coalition (BJC), the Fiscal Cliff Study Group, PricewaterhouseCoopers (PwC), South African Institute for Tax Professionals (SAIT), and the South African Institute of Chartered ...
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 ...
Finance Standing Committee
Nugent Commission of Inquiry into SARS: interim findings and recommendations
13 Feb 2019
The Committee received a briefing from Judge Robert Nugent on the findings and recommendations of the commission of inquiry he headed up into the tax administration and governance at SARS.
Judge Nugent, in his report, said the failure of governance at SARS was made possible by weaknesses in the governing ...
Finance Standing Committee
FFC Remuneration referral; Customs and Excise Bill; PIC Committee Bill: adopted; Financial Matters Amendment Bill: public hearings
12 Feb 2019
The Committee held public hearings on the Financial Matters Amendment Bill. COSATU, the South African Institute of Chartered Accountants (SAICA), Deloitte and the Banking Association of South Africa (BASA) gave submissions. The Committee also received a briefing on the Customs and Excise Bill, passed the Committee PIC Bill, rejected the ...
Finance Standing Committee
Public Investment Corporation (PIC) Amendment Bills; FFC referral to Committee; Committee Report on Carbon Tax Bill
6 Feb 2019
Relevant document: Draft Report on PIC Bills; Committee Report on Carbon Tax [available under Tabled Committee Reports once adopted]
The Committee met to deliberate on the two Public Investment Corporation (PIC) Bills as well as the Financial and Fiscal Commission (FFC) referral. The Report on the Carbon Tax Bill was also ...
Finance Standing Committee
Carbon Tax Bill: finalisation & voting; Financial Matters Amendment Draft Bill: briefing
5 Feb 2019
The Committee met with the National Treasury for finalisation and adoption of the Carbon Tax Bill. The Committee also received a briefing and discussed the Financial Matters Bill.
National Treasury highlighted that the Carbon Tax Bill was formally tabled in November 2018. It reflects some of the input received during ...
Finance Standing Committee
Carbon Tax Bill: Treasury & stakeholder input
4 Dec 2018
The Standing Committee on Finance together with the Portfolio Committee on Environmental Affairs met with National Treasury and NEDLAC for discussions on the Carbon Tax Bill. COSATU and the Association of Cementitious Material Producers (ACMP) gave brief inputs.
NEDLAC said during a previous parliamentary hearing on the response document to ...
Finance Standing Committee
Financial Matters Amendment Bill: briefing; Committee Report on Fiscal Framework
20 Nov 2018
Committee Report on 2018 MTBPS
The Committee held a briefing by National Treasury on the Financial Matters Amendment Bill.
National Treasury, in briefing, said the Financial Matters Bill sought to amend five Acts as follows: the Insolvency Act, the Military Pensions Act, the Government Employees Pension law, the Banks Act ...