Mr Nyiko Floyd Shivambu

Politician Profile Page

Nyiko Floyd Shivambu

About Nyiko Floyd Shivambu

Committee Meetings Attended

  • Finance Standing Committee Budget 2017: pre-budget briefing by Parliamentary Budget Office
    21 Feb 2017

    A pre-budget briefing was given to the four finance committees by the Parliamentary Budget Office (PBO). The presentation highlighted lower-than-expected revenues as a key challenge facing the fiscus. Also discussed were the main avenues of expenditure, the trajectory of the budget and the potential tools available to government to reduce ...

  • Constitutional Review Committee 2015 public submissions: deliberations
    17 Feb 2017

    The Committee met to consider several outstanding constitutional review submissions from 2015.

    The submissions were divided into 3 categories.

    In category 1, the submissions were to amend Chapter 2 of the Bill of Rights: s7 (2), s10, s11, s25 (3) (c), review chapter 9 institutions to include the South African ...

  • Finance Standing Committee Mandatory Audit Firm Rotation: public hearings; FICA Bill: proposed amendments
    15 Feb 2017

    Portfolio Committee amendments (see previous version)

    The Independent Regulatory Board for Auditors (IRBA) said that the Enron case showed that auditors could become too close to companies. The Masterbond case led to recommendations to strengthen regulations to ensure stricter audit oversight and guard the independence of auditors. IRBA ...

  • Finance Standing Committee Insurance Bill [B1-2016]: public hearings
    7 Feb 2017

    Public hearings were held by the Committee on the Insurance Bill. Stakeholders were invited to give comment on the Bill and six different parties presented oral submissions. The South African Insurance Association (SAIA) believed that the Bill had to be processed urgently as it contributed to financial stability and governance ...

  • Finance Standing Committee Financial Intelligence Centre Amendment Bill: Treasury response to submissions
    1 Feb 2017

    The Parliamentary Legal Advisor recapped the important points that came up during the public hearing about the President is reservations on the constitutionality of section 45B(1C) warrantless searches in the Financial Intelligence Centre Amendment Bill he had referred back to Parliament. The senior counsel legal opinions set out general principles ...

  • Finance Standing Committee Financial Intelligence Centre Amendment Bill: public hearings with Deputy Minister
    25 Jan 2017

    Public hearings were held on section 45B(1C) of the Financial Intelligence Centre Amendment Bill [B32B-2015] due to the President’s concerns about constitutionality of warrantless searches by inspectors.

    In his briefing on the referral process, the Senior Parliamentary Legal Advisor explained that the President could refer a Bill back to Parliament ...

  • National Youth Development Agency appointments Committee Minutes & Security Clearance Report
    24 Jan 2017

    The Ad Hoc Joint Committee on the Appointment of Board Members to the National Youth Development Agency spent more than three hours debating about the minutes of the previous meeting.

    Two issues arose. The EFF, first, charged that it had not been invited to the previous meetings. The party felt ...

  • Communications and Digital Technologies SABC Interim Board appointment process
    24 Jan 2017

    The Committee stressed the urgency of the appointment of an interim SABC Board, with members agreeing to have the Chief Whips Forum come up with names of candidates to fill vacancies created by resignations during the SABC crisis last year.

    The Committee was supposed to discuss Mr Thamasanqa Ntenteni’s removal from ...

  • Ad Hoc Committee on SABC Board Inquiry Hearings: Krish Naidoo, Philip Molefe & Itani Tsiesi; Multichoice as potential witness
    9 Dec 2016

    The Board of Inquiry Committee continued to take evidence from witnesses in the SABC matter. The Committee firstly discussed whether Multichoice should be called as a witness. The Committee concluded, after discussion, that it would be preferable to proceed with the process of interviewing direct witnesses from the SABC and ...

  • Finance Standing Committee FICA Amendment Bill referral: briefings; Financial Sector Regulation Bill: omission; with Deputy Minister
    7 Dec 2016

    Discussion on Adoption of Financial Sector Regulation Bill
    The Committee discussed the reasons for the omission of three clauses of the Financial Sector Regulation Bill when it was voted on in the National Assembly on 6 December 2016 and the way forward. The Chairperson indicated that this had been a ...