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Inheritance from Intestate Estate Adjusted

Department of Justice and Constitutional Development

The maximum amount that a spouse can inherit from an intestate estate in which children are also involved has been adjusted.

The notice, published in Government Gazette 38238, fixes the new amount at R250 000.

Second Nuclear Vendor Parade Workshop Concluded

Department of Energy

Round two of the nuclear vendor parade workshops has been completed.

In a statement, the energy department hailed the two workshops as a great success characterised by vigorous discussions focused on technical issues.

Regulations to Govern Environmental Emergencies on the Cards

Department of Environmental Affairs

Environmental affairs minister Edna Molewa wants to further regulate government’s management of emergency environmental incidents.

A notice in this regard has been published in the Government Gazette (38253 / 1081 of 26 November 2014).

Parliament Gives Green Light to Development Bank Bill

Parliament

The Development Bank of Southern Africa Amendment Bill is on its way to president Zuma for signing after parliament passed it this week.

The bill was originally tabled in parliament in February 2014, lapsed at the end of the fourth parliament but revived at the start of the fifth parliament.

Truck Manufacturers Incentive Scheme Approved

Department of Trade and Industry

Guidelines designed to stimulate the production of medium and heavy commercial vehicles have been approved by the trade and industry minister, Rob Davies.

In a statement, the trade and industry department indicates that the new Medium and Heavy Commercial Vehicles - Automotive Investment Scheme (MHCV-AIS) will be made available to investment projects that began after 1 April 2014.

Increased Pensions for Occupational Injuries on the Cards

Department of Labour

Labour minister Mildred Oliphant proposes increased payments in terms of the Compensation for Occupational Injuries and Diseases Act for 2015.

Three notices in this regard were published in the Government Gazette of 25 November 2014 (38251) for comment.

Financial Sector Regulation Bill on Track

National Treasury

The Draft Financial Sector Regulation Bill is likely to be tabled in parliament in May 2015.

National treasury confirmed this during a briefing on progress made in introducing the envisaged twin peaks financial sector regulatory framework in South Africa.

Focus on ...

Medium-Term Budget Policy Statement

The 2014 MTBPS was delivered by Finance Minister, Nhlanhla Nene, on 22 October 2014. Read the text here.

The following financial bills are currently in the spotlight:

Tax Administration Laws Amendment Bill, 2014

Taxation Laws Amendment Bill, 2014

Division of Revenue Amendment Bill, 2014

Rates and Monetary Amounts and Amendment of Revenue Laws Bill, 2014

Adjustments Appropriation Bill, 2014

Week of 24 - 28 November 2014

A final week of committee meetings lies ahead before parliament shuts down for 2014.

Starting next week, members of parliament will engage with their constituencies for two weeks before going on leave until January 2015.

On Tuesday, the national assembly’s labour committee will hold public hearings on the proposed national minimum wage at the platinum mines in Rustenburg. The select committee on land and mineral resources is scheduled to focus on coal mining in sensitive environmental areas such as wetlands, grasslands and watersheds. The mineral resources department will outline how many applications for permits have been received while the environmental affairs department will inform the committee of current and projected impacts on the habitats in question.

The national assembly’s water and sanitation committee plans to hold public hearings in parliament on proposed solutions to address vandalism and theft of water infrastructure in South Africa.

On Wednesday, the labour committee will continue with hearings on the national minimum wage in the platinum belt. The health department is scheduled to give further responses to the health committee on submissions made during hearings on the Medicines and Related Substances Amendment Bill.

The water and sanitation committee will continue with hearings on water infrastructure.

On Thursday, the labour committee will be in Gauteng discussing the potential impact of the proposed national minimum wage on the steel and engineering industry.

On Friday, the labour committee roadshow will have moved down the N1 to Bloemfontein shining the spotlight on a national minimum wage in the farming industry.

Parliamentary Programme

Minister in the Spotlight

Ms Lindiwe Zulu

Ms Lindiwe Zulu
Current Portfolio: 

Minister of Small Business Development (2014-)

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