Integrated Resource Plan 2 to be Promulgated This Year
The Presidency
A second integrated resource plan (IRP2) will be promulgated “by the last quarter of 2010”. Deputy President Kgalema Motlanthe announced this during a reply to questions raised in Parliament yesterday.
The plan will identify energy generation technologies required over the next 20 years to ensure that South Africa’s energy mix becomes more diversified and less coal dominated.
Reserve Bank to Amend Banking Regulations in 2012
Standing Committee on Finance
The banking supervision department of the reserve bank plans to implement a comprehensive set of amended banking regulations on 1 January 2012. The regulations will include the package released by the Basel committee on 13 July 2009 as amended.
Cabinet Approves Tax Administration Bill
Cabinet
Cabinet has approved the Tax Administration Bill for tabling in Parliament. The South African Revenue Service (SARS) released the bill for public comment in October last year.
Social Assistance Amendment Bill Submitted to President
Department of Social Development
The Social Assistance Amendment Bill has been submitted to the president for promulgation.
It seeks to facilitate a process wherein social grant applicants and beneficiaries are treated with fairness, dignity and respect.
Moratorium on Farm Evictions Mooted
Department of Agriculture, Forestry and Fisheries
Government intends declaring a moratorium on farm evictions.
This became apparent during the national summit on vulnerable workers held at the end of July. Government also acknowledged the urgent need to develop and implement mechanisms allowing for due process to be followed before any eviction can be effected.
Tenure rights will be secured for workers to ensure that “they have access to land to support their livelihoods and economic activities”.
