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Trade, Industry and Competition
Colloquium on beneficiation: consideration and adoption of report
4 Nov 2014
The Portfolio Committee considered the colloquium report on beneficiation. The Committee went through the report page by page and thus made some additional inputs, which were incorporated in the report. The Committee took more time in the consideration of the conclusion and recommendations. These two sections were substantially amended. There ...
Trade, Industry and Competition
Colloquium on beneficiation: Sasol and Mainstream Renewable Power briefings; Trade and Industry Budgetary Review and Recommendation Report
24 Oct 2014
The meeting began with a presentation from Sasol covering its stance on beneficiation and the pricing dynamics of its polymer business. In sum, Sasol supports the concept of beneficiation as part of its main business of converting coal or gas into semi-finished products. Further, it contributes heavily to socio-economic development ...
Trade, Industry and Competition
Trade and Industry Budget Review and Recommendations Report
22 Oct 2014
The Committee met to consider the first draft of the Budgetary Review and Recommendation Report (BRRR). After the agenda for the day was adopted, the Committee moved on to consider the inputs from the Democratic Alliance (DA) on this particular Report. Largely, the DA was concerned about the energy crisis ...
Trade, Industry and Competition
Colloquium on beneficiation: Day 6
21 Oct 2014
Before adoption of the agenda, the suspension of the National Gambling Board (NGB) was raised again. After that, Dr W du Preez briefed the Committee on the South African titanium beneficiation with a focus on downstream manufacturing technologies and products. Members felt that the time had come to pursue the ...
Trade, Industry and Competition
Minerals and Forestry Beneficiation colloquium, draft Budgetary Recommendations Report consideration
17 Oct 2014
The Committee held a brief colloquium on minerals and forestry beneficiation. The Department of Mineral Resources (DMR) highlighted the significance of the mining industry to the economy of the country. It indicated that the industry had created one million jobs; accounts for about 18% of GDP; contributes approximately 50% to ...
Public Enterprises
Department of Public Enterprises on its 2013/14 Annual Report
15 Oct 2014
The Portfolio Committee received a briefing from the Department of Public Enterprises (DPE or the Department) on its 2013/14 Annual Report. It was noted that the DPE was the government shareholder representative with oversight responsibility for eight State Owned Companies (SOCs): These were: Eskom, Denel, Safcol, Broadband Infraco, Alexkor, Transnet, ...
Trade, Industry and Competition
National Regulator for Compulsory Specifications & National Gambling Board on their 2013/14 Annual Reports & 1st quarter 2014 performance
14 Oct 2014
The National Gambling Board (NGB) presented its 2013/14 Annual Report and the report on the first quarter 2014/15 financial and non-financial performance. The briefing was delivered by the administrator appointed to the NGB, and it emerged during the discussion that the Minister had recently suspended the incumbent Board of the ...
Trade, Industry and Competition
Department of Trade and Industry on Industrialisation and Industrial Policy, and on Technical Infrastructure: Workshop
25 Sep 2014
The Department presented to Members on industrial policy and technical infrastructure. The briefing on industrialisation and industrial policy focused on manufacturing as the transformation of raw materials into value-added products. It was indicated how value was added in the steel value chain through the stages from iron ore to steel ...
Trade, Industry and Competition
Companies and Intellectual Property Commission 2013/14 Annual Report & 1st Quarter Performance
19 Sep 2014
The Companies and Intellectual Property Commission briefed the Committee on its 2013/14 annual report and its financial and non-financial performance for the first quarter of 2014/15. The Companies and Intellectual Property Commission said that it had been undergoing sustained and rapid transformation since 2011 to improve service delivery to economic ...
Public Enterprises
Public Finance Management Act & Preferential Procurement Policy Framework Act: implications for State Owned Companies
17 Sep 2014
National Treasury said the objective of the Public Finance Management Act (PFMA) was to secure transparency and sound management of revenue, expenditure, assets and liabilities, by institutions. Key provisions of the Act for state owned companies were timely submission of corporate plans and budgets; auditing of financial statements by the ...