The Portfolio Committee on Rural Development and Land Reform, having considered the Strategic Plans (2015 - 2020), the 2016/17 Annual Performance Plans, and budget allocations for the Department of Rural Development and Land Reform, the Commission on Restitution of Land Rights and the Ingonyama Trust Board drafted a report that accounts for the work done by the Portfolio Committee on Rural Development and Land Reform.  Analysis draws on a range of sources such as the 2015 and 2016 State of the Nation Address (SONA) by the President, the National Development Plan (NDP), the New Growth Path (NGP) and the Estimates of National Expenditures (ENE) by the National Treasury, the 2016 Budget Speech by the Minister of Finance, and the Committee's Budget Review Recommendations Reports (BRRR).  Please click on PC Report on DRDLR Budget to peruse.

This week the South African Reserve Bank released the First Edition of the 2016 Financial Stability Review.  The primary objective of the South African Reserve Bank (the Bank) is to protect the value of the currency in the interest of balanced and sustainable economic growth in South Africa. In addition to this, the Bank's role of protecting and enhancing financial stability in the Republic of South Africa is affirmed in the Financial Sector Regulation Bill, 2015 which is expected to be promulgated in 2016. In pursuit of this objective and to promote a stable financial system, the Bank publishes a semi-annual Financial Stability Review. The publication aims to identify and analyse potential risks to financial system stability,communicate such assessments and stimulate debate on pertinent issues. The Bank recognises that it is not the sole custodian of financial system stability, but that it contributes significantly towards and coordinates a larger effort involving government, other regulators, self-regulatory agencies and financial market participants. Please click on 2016 Financial Stability Review to peruse full publication.