The Standing Committee on Finance is a standing committee in the
National Assembly
In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the repre ...
of the
Parliament of South Africa
The Parliament of the Republic of South Africa is South Africa's legislature; under the present Constitution of South Africa, the bicameral Parliament comprises a National Assembly and a National Council of Provinces. The current twenty-seve ...
.
Mandate
The committee oversees the
National Treasury
A treasury is either
*A government department related to finance and taxation, a finance ministry.
*A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or in ...
and statutory entities, including the Accounting Standards Board, the Co-operative Banks Development Agency, the
Development Bank of Southern Africa
The Development Bank of Southern Africa (DBSA) is a development finance institution wholly owned by the Government of South Africa. The bank intends to "accelerate sustainable socio-economic development in the Southern African Development Communi ...
(DBSA), the Office of the Ombud for Financial Services Providers, the Financial Intelligence Centre (FIC), the Financial and Fiscal Commission, the
Financial Sector Conduct Authority
The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator and a successor agency to the Financial Services Board (South Africa) in South Africa
South Africa, officially the Republic of South Afric ...
, the Government Pensions Administration Agency (GPAA), the Government Technical Advisory Centre, the Independent Regulatory Board for Auditors (IRBA), the
Land and Agricultural Development Bank of South Africa
Land and Development Bank of South Africa (LADBSA) is a government-owned development bank in the Republic of South Africa. The bank was established as a development finance institution in 1912 by the Government of South Africa. The main objectiv ...
, the Office of the Pension Funds Adjudicator, the
Public Investment Corporation
The Public Investment Corporation (PIC) is a South African state-owned entity (SOCNational Government of South Africa''Public Investment Corporation SOC Ltd (PIC)'' on www.nationalgovernment.co.za) with R2.339 trillion (USD 145 Billion) o ...
(PIC), the South African Special Risk Insurance Association (SASRIA), the
South African Revenue Service
The South African Revenue Service (SARS) is the revenue service of the South African government. It administers the country's tax system and customs service, and enforces compliance with related legislation. It is governed by the SARS Act 34 of ...
(SARS), the
South African Reserve Bank
The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial condit ...
(SARB) and the Office of the Tax Ombud.
Membership
Members elected in the
general election
A general election is a political voting election where generally all or most members of a given political body are chosen. These are usually held for a nation, state, or territory's primary legislative body, and are different from by-elections ( ...
that was held on 8 May 2019, were appointed on 27 June.
Joe Maswanganyi
Mkhacani Joseph Maswanganyi (born 14 April 1966) is a South African politician from Limpopo Province. He represents the African National Congress (ANC) in the National Assembly, where he is the chairperson of the Standing Committee on Finance. ...
of the
African National Congress
The African National Congress (ANC) is a Social democracy, social-democratic political party in Republic of South Africa, South Africa. A liberation movement known for its opposition to apartheid, it has governed the country since 1994, when ...
was elected chair of the committee on 2 July.
The committee's members are as follows:
The following people serve as alternate members:
See also
*
Committees of the Parliament of South Africa
The committees of the Parliament of South Africa are composed of a few Members of Parliament from the National Assembly, or permanent delegates from the National Council of Provinces, or a combination of both appointed to deal with particular ar ...
References
External links
Standing Committee on Finance – People's Assembly{{RSAParliamentCommittees, state=collapsed
Committees of the National Assembly of South Africa