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Qualified NCOP concurrence given on minerals resources bill


Select Committee on Economic and Foreign AffairsAfter various minor typographical and grammatical alterations proposed by the department of minerals and energy (DME) to the "D" version of the Mineral and…

Accountants weigh up proposals on revenue laws amendments


Portfolio Committee on FinanceThe accountancy profession has called for an increase in the tax-free ceiling for broad-based employee share schemes to R100 000 in order to encourage further take-up on…

Mineral royalty bills finally passed after four drafts


National AssemblyMinister of finance, Trevor Manuel, in introducing to the National Assembly for adoption the Mineral and Petroleum Resources Royalty Bills, said, "after four drafts, I can safely say that…

Medium term expenditure framework approved for tabling


CabinetThe cabinet last week approved the framework for the division of revenue for the current 2009 Medium Term Expenditure Framework (MTEF) mechanism. All premiers, together with provincial MECs in charge…