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Finance Standing Committee
2016 Budget: Public hearings
2 Mar 2016
The joint sitting of the Standing and Select Committees on Finance heard submissions from six entities on the Revenue Laws Amendment Bill. The entities were the Congress of South African Trade Unions (COSATU), the Witwatersrand University’s School of Economics and Business Science, the Federation of Unions of South Africa (FEDUSA), ...
Standing Committee on Appropriations
2016 Division of Revenue Bill: South African Local Government Association comments & input from National Treasury
2 Mar 2016
The meeting began with deliberations about the legality of the meeting itself. Members of the DA, including Shadow Minister of Finance, Mr D Maynier (who was sitting in on the meeting), argued that the meeting was inconsistent with the Constitution as it was out of place in terms of the ...
Standing Committee on Appropriations
Division of Revenue Bill [B2-2016]: National Treasury briefing
26 Feb 2016
At the outset, the Democratic Alliance Members raising concerns whether this meeting was properly called, in terms of the Constitution and the Money Bills Amendment Procedure and Related Matters Act (the Money Bills Act). They asserted that Parliament should only consider the Division of Revenue Bill after the adoption of ...
Standing Committee on Appropriations
Committee Reports: New Development Bank Special Appropriation Bill [B32-15]; Finance Bill [B31-15]; 2015 MTBPS; Adjustments Appropriation Bill [B28-15]
18 Nov 2015
During consideration of the New Development Bank (NDB) Special Appropriation Bill, the Democratic Alliance argued that the country could not afford the R2.2 billion first New Development Bank installment, due in January 2016. Within the context of the higher education funding crisis, it was advisable to use the R2.2 billion ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement; Finance Bill [B31-15]; New Development Bank Special Appropriation Bill [B32-15]: public hearings
11 Nov 2015
On the MTBPS, COSATU drew attention to certain core areas. Within the economic context, there was a 34% unemployment crisis and government needed to put in more effort to create jobs. COSATU noted that while some attempts appeared to have been made in respect of fighting corruption, it was concerned ...
Standing Committee on Appropriations
Division of Revenue Amendment Bill [B27-2015]: consideration; Adjustments Appropriation Bill [28-2015]: hearing with Department of Public Works
10 Nov 2015
The Committee firstly discussed its draft Committee Report on the 2015 Division of Revenue Amendment Bill. It was only four pages long and there were a few minor amendments of a technical nature proposed. The Report was adopted, but the DA asked that it be recorded that it reserved its ...
Standing Committee on Appropriations
New Development Bank Special Appropriation Bill [B32-15]; Finance Bill [B31-15]: briefing; FFC submissions
6 Nov 2015
National Treasury said the New Development Bank (NDB) was established by an agreement between the governments of Brazil, Russia, India, China and South Africa (BRICS countries) with the purpose of mobilising alternative sources of financing, strengthening the cooperation among BRICS countries, and complementing existing efforts by other development partners and ...
Higher Education, Science and Innovation
University Funding & 2015 MTBPS: hearing with DHET & Council on Higher Education, with Minister
4 Nov 2015
A joint meeting of the Standing and Select Committees on Appropriations and the Portfolio Committee on Higher Education heard submissions from the Department of Higher Education and Training (DHET) and the Council on Higher Education (CHE) on the funding of the higher education sector and the post-school education and training ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement (MTBPS): Public Service Commission briefing
2 Nov 2015
The Public Service Commission (PSC) proposed a strategy for improving management practices in the public service comprising of three elements: professionalising the public service, transforming corporate support practices to focus on outcomes as well as compliance, and improving performance management and accountability structures.
It had identified the country's open system ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement (MTBPS): Human Science Research Council briefing
30 Oct 2015
The Human Sciences Research Council (HSRC) presented a briefing and analysis of the 2015 Medium Term Budget Policy Statement (MTBPS).The briefing covered the implications and needs of the education and health sectors, the need to have a skilled and capable state, to ensure accelerated economic growth, infrastructure investment, job creation, ...