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Finance Standing Committee
Financial Sector and Deposit Insurance Levies Bill & Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Bill: deliberations & adoption
18 May 2022
The Standing Committee on Finance met on a virtual meeting platform to consider the Financial Sector and Deposit Insurance Levies Bill and the Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Bill. The accompanying reports on each Bill were also considered.
Present in ...
Finance Standing Committee
SARS 2022/23 Annual Performance Plan; with Deputy Minister
3 May 2022
In this virtual meeting, the Committee was briefed by the South African Revenue Services on its Annual Performance Plan for the 2022/23 financial year.
The Deputy Minister of Finance commended the SARS Commissioner and his team for continuing to implement SARS’s mandate during this trying time. He was concerned about ...
Finance Standing Committee
2022 Fiscal Framework and Revenue Proposals: Committee Report
8 Mar 2022
Video (Part 1)
Video (Part 2)
2022 Budget Speech & Key Documents
The Finance Committees of the National Assembly (NA) and the National Council of Provinces (NCOP) held a joint meeting to consider their report on the fiscal framework and revenue proposals as contained in the 2022 ...
Finance Standing Committee
2022 Budget: Treasury briefing, with Minister & Deputy Minister
24 Feb 2022
2022 Budget Speech & Key Documents
In this virtual meeting, Parliament’s finance and appropriations committees from both houses met jointly with the Minister of Finance, his Deputy and senior National Treasury officials to discuss the 2022 Budget. The Minister had tabled his budget proposals the previous day.
The spiralling ...
Finance Standing Committee
Finance Minister on R11 billion World Bank loan
1 Feb 2022
Media Statement: World Bank Loan to South Africa
The Standing Committee on Finance was briefed by the Minister of Finance, Mr Enoch Godongwana, on the recent R11 billion loan (approximately $750 million) from the World Bank. There had been a request from a Member to the Chairperson to request ...
Finance Standing Committee
2021 MTBPS: PBO & FFC briefing
16 Nov 2021
Video
2021 Medium Term Budget Policy Statement (MTBPS)
The Financial and Fiscal Commission (FFC) briefed the Joint Committees on Finance and Appropriations from both Houses on the 2021 Medium Term Budget Policy Statement (MTBPS).
The FFC welcomed the 2021 MTBPS tabled by the Minister of Finance, especially given the context ...
Finance Standing Committee
2021 MTBPS: National Treasury briefing, with Deputy Minister
16 Nov 2021
Video
2021 Medium Term Budget Policy Statement (MTBPS)
In a joint meeting with the Standing Committee on Appropriations and the Select Committees on Finance and Appropriations, the Committee received a briefing from the National Treasury about the 2021 medium-term budget policy statement, which the Minister had tabled the previous week. ...
Ad Hoc Committee to Initiate and Introduce Legislation amending Section 25 of Constitution
Constitution Eighteenth Amendment Bill: Committee report
8 Sep 2021
Tabled Committee Reports
Draft Bill Approved - September 2021
The Committee met to adopt its final report on the Constitutional Eighteenth Amendment Bill, which the Committee had adopted the week before.
In considering its draft report, the Committee discussed at length two issues raised by the EFF. The EFF ...
Finance Standing Committee
SARB & Prudential Authority 2020/21 Annual Reports
18 Aug 2021
The Committee met virtually to receive a briefing on the annual reports of the South African Reserve Bank (SARB) and the Prudential Authority for the 2020/21 financial year.
SARB opened the briefing with a presentation on South Africa’s macroeconomic outlook. Following the shock of the ...
Finance Standing Committee
Draft Tax and Rates Bills: National Treasury & SARS briefing
17 Aug 2021
2021 Draft Taxation Laws Amendment Bill (TLAB)
2021 Draft Tax Administration Laws Amendment Bill (TALAB)
2021 Draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill (Rates Bill)
In this virtual meeting, the Committee was briefed by National Treasury (NT) and the South African Revenue Services (SARS) ...