28 November 2022

From the Government Gazette and Media Statements (28 November 2022)

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ELECTORAL AMENDMENT BILL

  • The Select Committee on Security and Justice has issued a media statement on amendments to the Bill:
    • reflected in a ‘B’ version that, once passed by the NCOP, will be sent to the Portfolio Committee on Home Affairs for concurrence, and
    • unpacked in the committee’s tabled report.

 

BASE EROSION AND PROFIT SHIFTING

  • National Treasury has gazetted a notice confirming that South Africa has ratified the Organisation for Economic Co-operation and Development’s 2016 multilateral convention on implementing tax treaty-related measures to prevent base erosion and profit shifting. It will become binding on 1 January 2023.

 

CULTURAL AND CREATIVE INDUSTRIES MASTER PLAN

  • A Portfolio Committee on Sport, Arts and Culture meeting at which members were to have been briefed on the plan has been postponed indefinitely. The master plan:
    • was approved by Cabinet in August for implementation, according to a media statement issued at the time
    • published in September by the National Archive and Record Service of South Africa, and
    • according to an accompanying Department of Sport, Arts and Culture statement, by 2040, among other things is expected to have established:
      • a globally recognised representative and competitive creative sector
      • an integrated creative value chain that stimulates opportunities for innovation, nurturing talent and professionalising the sector
      • a growing talent pipeline of professionally skilled creatives
      • a transformed creative sector equipped to develop and exploits its own intellectual property
      • a creative sector with access to competitively priced inputs (including raw materials and 4IR-ready technology)
      • a supportive legal and regulatory framework across all three spheres of government that promotes economic reward and the ease of doing business, and
      • equitable and inclusive access to affordable fit-for-purpose infrastructure (including but not limited to ICT infrastructure, digital platforms, production and distribution facilities, and cultural infrastructure).

 

Prepared by Pam Saxby

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