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Finance Standing Committee
Transformation in the Financial Sector: stakeholder engagement
26 Nov 2019
The Committee met with stakeholder to discuss transformation in the financial sector. This was meant to be a follow-up meeting to check on the progress that had been made since the Committee and
the Portfolio on Trade and Industry passed a report on this matter in 2017. The report had ...
Finance Standing Committee
TLAB, TALAB & Rates Bill: finalisation
20 Nov 2019
The Committee considered and approved two tax bills and the Rates bill.
National Treasury (NT) indicated that the key proposal for the Rates and Monetary Amounts and Amendments of Revenue Laws Bill in 2019 was to increase the excise duty of tobacco. Since the Bill was tabled in Parliament on ...
Finance Standing Committee
Illicit Tobacco Trade: SARS briefing
19 Nov 2019
The Standing Committee on Finance meeting on the illicit tobacco and cigarette trade was a follow up to an earlier hearing on the tax laws, at which Members heard that the legal trade was being endangered by illegal traders who paid no tax. The Chairperson said if nothing was done, ...
Finance Standing Committee
Committee Report on 2019 Revised Fiscal Framework and Revenue Proposals (MTBPS)
12 Nov 2019
The Standing Committee on Finance of the National Assembly and the Select Committee on Finance of the National Council of Provinces held a joint meeting to consider a Report to be tabled in Parliament on the 2019 Revised Fiscal Framework. After Members had agreed on changes to the Report, the ...
Finance Standing Committee
2019 MTBPS: PBO & FFC briefing
5 Nov 2019
Members of the Finance and Appropriations Committees heard opposing views on what should be done to restore the country’s finances when they were briefed on the Medium Term Budget Policy Statement (MTBPS) by the Financial and Fiscal Commission (FFC) and the Parliamentary Budget Office (PBO).
In its presentation, the FFC ...
Finance Standing Committee
Medium Term Budget Policy statement: Minister & National Treasury remarks
31 Oct 2019
The Finance and the Appropriations Committees of the National Assembly and National Council of Provinces, as well as provincial committee members, met with the Minister of Finance and National Treasury for a preliminary discussion on the Medium Term Budget Policy Statement which the Minister had delivered to Parliament the previous ...
Finance Standing Committee
2019 Pre-MTBPS: Parliamentary Budget Office briefing
29 Oct 2019
Video: Mboweni fields questions on mini-budget
Key Budget Documents MTBPS 2019
2019 MTBPS
Parliament’s Standing and Select Committees on Finance and Appropriations held a joint session during which they were briefed by the Parliamentary Budget Office (PBO) on the Medium Term Budget Policy Statement (MTBPS) to be delivered by the ...
Finance Standing Committee
Finance Budgetary Review and Recommendations Report
23 Oct 2019
Available here once adopted: BRRR 2019
The Committee was convened to discuss and adopt the Budgetary Review and Recommendation Report of the Standing Committee on Finance, dated 23 October 2019
The Committee agreed that only section 16 of the Report should be discussed at the meeting – this covered ...
Finance Standing Committee
PBO Director appointment; MTBPS programme
22 Oct 2019
The two Finance and the two Appropriations Committees of the National Assembly (NA) and the National Council of Provinces (NCOP) have agreed on a process to fill the vacant position of Director of the Parliamentary Budget Office. This follows a letter from the Presiding Officers of the two Houses informing ...
Finance Standing Committee
Financial Intelligence Centre 2018/19 Annual Report; with Deputy Minister
16 Oct 2019
The Standing Committee was briefed by executives of the Financial Intelligence Centre (FIC) on the FIC’s report for the 2018/19 financial year.
Opening remarks were made by the Deputy Minister of Finance, who said a key priority of the government was to fight corruption and build an ...