Mr Nyiko Floyd Shivambu

Politician Profile Page

Nyiko Floyd Shivambu

About Nyiko Floyd Shivambu

Committee Meetings Attended

  • Trade and Industry Engagement on Transfer Pricing
    25 Mar 2015

    Mr F Shivambu (EFF) presented a paper on transfer pricing and the South African Mining Development Agency presented their perspective on transfer pricing as it related to the mining industry.

    Mr Shivambu said transfer pricing was usually utilised by multinational corporations as a form of tax avoidance through selling the ...

  • Finance Standing Committee National Treasury & South African Revenue Service on their Strategic and Annual Performance Plans, with Minister and Deputy Minister in attendance
    24 Mar 2015

    The Minister of Finance and the National Treasury (NT) presented on the entity’s Strategic and Annual Performance Plan for 2015/16. They reported that to achieve policy objectives, the NT relied on fiscal policy, financial sector reform and strategic use of government procurement. The NT contributed towards achievement of government objectives ...

  • Trade and Industry 3rd Quarterly Reports for National Credit Regulator, National Lotteries Board & Companies and Intellectual Property Commission
    24 Mar 2015


    The National Credit Regulator (NCR), the National Lotteries Board (NLB) and the Companies and Intellectual Property Commission (CIPC), reported on their Third Quarter Financial and Non-Financial Performances. The Committee also dealt with the request by Mr G Hill-Lewis to have full access to the forensic investigation report on the ...

  • Trade and Industry Green economy & renewable energy: solar and wind industry & DTI progress reports
    11 Mar 2015

    The Department of Trade and Industry (DTI) highlighted the importance of the Renewable Energy programme in the SA economy. It is generating local content of R39 billion, with 28 392 jobs created at a total project cost of R120 billion. A total of 3 916 MW has been awarded by ...

  • Finance Standing Committee African Bank curatorship: update by Minister of Finance, National Treasury & Reserve Bank
    10 Mar 2015

    The Minister of Finance provided introductory comments on the curatorship of African Bank Ltd. The bank crisis dated back to the previous year. The crisis had an adverse contagious effect on the economy. The curator was not available for comment as he had to be protected from scrutiny. There could ...

  • Trade and Industry Committee Report on Gauteng, Eastern Cape and Western Cape oversight visit
    10 Mar 2015

    The Portfolio Committee on Trade and Industry met briefly to discuss the report on its oversight visits to Gauteng, Eastern Cape and Western Cape.  The Committee had visited the South African Bureau of Standards, the National Metrology Institute of South Africa, the National Regulator for Compulsory Specifications and the South ...

  • Finance Standing Committee Fiscal Framework and Revenue Proposals: public hearings
    4 Mar 2015

    The Standing Committee on Finance and the Select Committee on Finance held a joint meeting to hear public comment by various institutions and labour federations on the Fiscal Framework and Revenue Proposals.

    The South African Institute of Chartered Accountants (SAICA) commended the Finance Minister and his National Treasury team for ...

  • Trade and Industry Department of Trade and Industry on Manufacturing Competitiveness Enhancement Programme
    25 Feb 2015

    The Department of Trade Industry (DTI) briefed the Committee on the Manufacturing Competitiveness Enhancement Programme (MCEP), focusing on the purpose of the programme, the application process and adjudication of applications, and the challenges.

    The MCEP was a response to the global economic crisis, which had severely restricted the export market ...

  • Trade and Industry Review of Space Affairs Act: briefing by South African Council for Space Affairs
    24 Feb 2015

    The Department of Trade and Industry (DTI) had embarked on a process to review the current legislative and regulatory prescripts governing space activities in South Africa. The review was motivated inter alia, by the developments in the national space arena since the enactment of the Act, which influenced changes on ...

  • Finance Standing Committee Auditing Profession Amendment Bill: adoption
    24 Feb 2015

    Voting on the Bill had originally been scheduled for 18 February 2015, but the Chairperson decided that voting had to be deferred on that date, as a submission by the South African Institute for Professional Auditors (SAIPA) had not yet been responded to. A meeting between the Independent Regulatory board ...