Politician Profile Page
NCOP Appropriations
Division of Revenue Bill [B4-2017]: negotiating mandates
3 May 2017
The Select Committee of Appropriations met to consider the negotiating mandates on the Division of Revenue Bill. All 9 provincial legislatures supported the bill; however the delegates voiced concern about specific issues. Three key issues emerged: first, a general concern regarding the equitable share formula; second, the requirement of additional ...
NCOP Finance
Financial Sector Regulation Bill: deliberations
3 May 2017
National Treasury had effected some changes to the Financial Sector Regulation Bill (the Bill) as a result of comments raised at previous meetings, but still wanted to present those changes formally to the Committee and deal with a couple of other issues. For this reason, officials from National Treasury took ...
NCOP Appropriations
Division of Revenue Bill [B4-2017]: public hearings
2 May 2017
South Africa’s municipalities had a total overdue electricity debt at the end of March this year of R9.4 billion. This figure was revealed by Eskom during a meeting of the Select Committee on Appropriations to consider submissions on the Division of Revenue Bill. The Committee was also briefed by the ...
Joint Standing Committee on Financial Management of Parliament
Parliament’s 2016/17 mid-year performance; Committee’s 2nd term programme, NEHAWU Letter
16 Mar 2017
The Joint Standing Committee on the Financial Management of Parliament adopted the draft report the on Parliament mid-year performance for the 2016/17 period and considered its second term programme. The Committee further discussed why the Secretary of Parliament did not appear before the Committee to answer on issues the Members ...
NCOP Appropriations
Division of Revenue Bill [B4-2017]: SALGA submission; Committee Report on Western Cape oversight & Programme
14 Mar 2017
Transformation of the local government sector had to focus on coordination between the three spheres and better planning, resource allocation and management within the sector. The SA Local Government Association (SALGA) had resolved to find alternative revenue instruments to enhance the financial viability of municipalities, to find measures to deal ...
Standing Committee on Appropriations
Division of Revenue Bill B4-2017: National Treasury & Financial and Fiscal briefing
10 Mar 2017
National Treasury briefed the Joint Committee on the Division of Revenue Bill, 2017. The brief focused on the background to the Bill, overview of the division of revenue for the 2017 Medium Term Expenditure Framework, responses to recommendations on the Bill, changes to clauses of the Bill, provincial allocations and ...
Finance Standing Committee
2017/18 Budget: Treasury response to submissions
2 Mar 2017
Treasury’s response to submissions and questions contained in them were:
• On sugary beverages tax, a number of consultation processes had to be done because this tax can lead to job losses. After extensive consultations, it was decided that a tax exemption threshold of 4g/100ml should be introduced and the ...
Finance Standing Committee
2017 Budget: public hearings
1 Mar 2017
The joint Committee meeting entailed presentations from various firms and organisations on the 2017/18 budget. All delegates expressed concern about government spending and many said that the heavy reliance on direct, personal and corporate tax was unsustainable. COSATU and NEHAWU were unhappy with the lack of a clear plan to ...
Finance Standing Committee
2017 Budget: Minister of Finance briefing
23 Feb 2017
The Minister of Finance, Mr Pravin Gordhan, and officials from National Treasury, briefed the Committees, sitting jointly, on the 2017 budget. It was reported that 95% of the country’s wealth remains highly concentrated, with the minority having control over the resources. The 2017 budget plays a central role in transforming ...
Joint Standing Committee on Financial Management of Parliament
Parliament on its Quarter 3 performance
17 Feb 2017
The Secretary to Parliament, Mr. G Mgidlana (ANC), presented a comprehensive briefing on the performance and expenditure of Parliament in the third Quarter of 2016/17 (1 October 2016 and 31 December 2016). It was reported that Parliament achieved 46 percent of its targets for the period, while 54 percent were ...