Politician Profile Page
Trade, Industry and Competition
Special Economic Zones Implementation; Committee Report on DTI Budget
19 Apr 2016
The Department of Trade and Industry (DTI) introduced the programme for the special economic zones (SEZs), noting that the Minister had asked for a review of the industrial development zones (IDZs) that had concentrated on the coastal areas and ports. This led to the development of a turn-around strategy and ...
Finance Standing Committee
Government Employees Pension Fund & Public Investment Corporation on their 2016 Annual Performance Plan & Quarterly Reports
12 Apr 2016
Documents handed out:
Public Investment Corporation 2016 Annual Performance plan
Government Employees Pension Fund 2016 Annual Perfomance Plan [Documents not available email info@pmg.org.za]
The Government Employees Pension Fund (GEPF) and the Public Investment Corporation (PIC) presented their 2016 annual performance plans and quarterly reports to the Standing Committee on Finance. ...
Finance Standing Committee
National Treasury on its 2016 Strategic and Annual Performance plan, with Minister
6 Apr 2016
The Department of Finance reported on the National Treasury’s strategic and annual performance plan. The Minister of Finance told the Committee that international institutions were no longer interested in plans, but rather in concrete milestones that were a demonstration of the intention to implement them. The Department sought to achieve ...
Rules of the National Assembly
National Assembly Rules: Guidelines required by National Assembly Rules: briefing
11 Mar 2016
The Subcommittee on Review of the Assembly Rules were introduced to the draft guidelines required by the National Assembly Rules in preparation for finalisation in the next meeting.
The Chairperson asked Members to finalise their contributions on the guidelines on the dress code. The Committee must finalise the general guidelines, ...
Standing Committee on Appropriations
Minister of Finance on the 2016 Budget
25 Feb 2016
In the presence of the Minister of Finance, the Director General of National Treasury briefed the Committee on the 2016 Budget and the Minister answered questions. Taking the Committee through the presentation, the DG focused on the reasons for tough decisions and why South African needed to act pre-emptively. The ...
Trade, Industry and Competition
Minister on State of Nation Address & DTI mandate; WTO 10th Ministerial Conference outcome; Unilever engagement
23 Feb 2016
The Minister of Trade and Industry spoke about the State of Nation Address with respect to the Department of Trade and Industry (DTI) mandate. Global demand in 2016 was expected to remain low. Commodity exporters were struggling. Drought was a key risk. Weak global demand in traditional markets constrained SA ...
Finance Standing Committee
Pre-Budget presentation by Parliamentary Budget Office; South African Economic Update: World Bank briefing
17 Feb 2016
The Parliamentary Budget Office (PBO) provided pre-budget analysis of the macro-economic background and the fiscal framework for 2016, to a joint meeting attended by the Standing and Select Committees on Appropriations and the Standing and Select Committees on Finance.
The Office discussed South Africa’s difficult economic climate, noting revised downward ...
Trade, Industry and Competition
Incentive schemes performance: DTI briefing
16 Feb 2016
In a joint meeting with the Portfolio Committee on Economic Development, the Incentive Development and Administration Division (IDAD) of the Department of Trade and Industry presented on the objectives of industry support, the principles which guide incentive design and administration and an overview of its 14 incentive programmes within its ...
Finance Standing Committee
Financial Sector Regulation Bill [B34-15]: National Treasury response to public hearings
16 Feb 2016
The meeting began with a presentation by National Treasury on its responses to the major points raised during the public hearings on the Financial Sector Regulation Bill.
The six major areas were: role of parliament in making regulatory instruments; clause 141 binding interpretations; significant owners; directives to holding companies; the ...
Finance Standing Committee
Financial Sector Regulation Bill: briefing overview on Chapters 9, 10, 13 and 15
18 Nov 2015
The Committee met with National Treasury and the Financial Services Board to discuss Chapters 9 (Information gathering, supervisory on-site inspections and investigations), 10 (Enforcement), 13 (Administrative penalties) and 15 (Financial Services Tribunal) of the Bill. The other chapters were skipped to keep the discussion relevant to the Financial Services Board ...