Contentious clause in Fica Bill back in the spotlight

Parliament Standing Committee on Finance is holding hearings on the Financial Intelligence Centre Amendment Act.

Organisations including Business Leadership SA, Business Unity South Africa (Busa) and the Banking Association of South Africa want President Jacob Zuma to sign the Bill into law.

The Fica Bill was passed by Parliament last year, but Zuma sent it back raising concerns about the constitutionality of provisions relating to warrantless searches in the Bill.

According to EWN's Gaye Davis the committee chair, Yunus Carrim, said Parliament can only deal with the clause Zuma has highlighted.

The Bill is aimed at preventing money laundering, white collar crime, corruption, terrorism and other nefarious financial activities.

Listen here for more political news...

Read More
‘Jacob Zuma, sign the anti-corruption Fica Bill now!’ - Business Leadership SA

‘Jacob Zuma, sign the anti-corruption Fica Bill now!’ - Business Leadership SA

President Jacob Zuma says the Fica Bill infringes on the rights of powerful people. BLSA says this objection is without merit.

Treasury says Fica Bill objections are not based on legal opinion

Treasury says Fica Bill objections are not based on legal opinion

The Money Show’s Bruce Whitfield interviews Treasury’s Ismail Momoniat and Banking Association South Africa’s Cas Coovadia.

Constitutionality of warrantless searches of powerful people to fight corruption

Constitutionality of warrantless searches of powerful people to fight corruption

Jacob Zuma won’t sign the corruption-fighting Fica Bill, citing warrantless searches of powerful people the Bill targets.

CASAC: SA banks' international credibility at stake if Fica Bill not signed

CASAC: SA banks' international credibility at stake if Fica Bill not signed

Council for the Advancement of the Constitution has threatened legal action against Zuma over the amendment of the bill.

The dangers of not signing the Fica Bill into law

The dangers of not signing the Fica Bill into law

Lawson Naidoo describes the importance for President Jacob Zuma to sign the Fica Act into law.

Jacob Zuma says anti-corruption Fica Bill infringes on rights of powerful people

Jacob Zuma says anti-corruption Fica Bill infringes on rights of powerful people

Treasury wants to amend Fica to fight corruption. Bruce Whitfield interviews Stuart Theobald and Steven Powell.

Not signing Fica Bill will jeopardise SA's credit rating

Not signing Fica Bill will jeopardise SA's credit rating

Casac recently called on President Jacob Zuma to urgently sign Fica into law or return it to the National Assembly.

Casac calls on President Zuma to sign Fica Bill

Casac calls on President Zuma to sign Fica Bill

The Council for the Advancement of the South African Constitution (Casac) calls on President Zuma to sign the Bill within 30 days.

Popular articles
5 reasons why South Africa granted Grace Mugabe diplomatic immunity

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

 Simon Allison, Africa Editor at the Mail & Guardian explains the political considerations behind Mugabe's diplomatic immunity.

"ANN7 and  New Age sale is effectively a transaction between  Manyi and Guptas"

"ANN7 and New Age sale is effectively a transaction between Manyi and Guptas"

Phillip de Wet, Associate Editor at Mail & Guardian breaks down the sale of Gupta owned ANN7 TV Station and The New Age paper.

This is incredibly embarrassing for both countries - SAIIA Head of Governance

This is incredibly embarrassing for both countries - SAIIA Head of Governance

On Saturday international relations minister Maite Nkoane-Mashabane granted diplomatic immunity to Grace Mugabe.

Read and weep: 10 of the most expensive houses in South Africa

Read and weep: 10 of the most expensive houses in South Africa

These super luxury houses with enormous price tags will induce some serious house envy.

44 drivers arrested for drunk driving in WC traffic blitz

44 drivers arrested for drunk driving in WC traffic blitz

Western Cape provincial traffic chief, Kenny Africa gives traffic updates of what he described as a very hectic weekend in the WC.

Grace Mugabe immunity: SA between ‘rock & hard place’

Grace Mugabe immunity: SA between ‘rock & hard place’

Professor Christopher Landsberg has praised the International Relations and Cooperation Minister for her 'honest approach'.

[Watch] John Maytham shuts down victim shamer on air

[Watch] John Maytham shuts down victim shamer on air

A caller wanted to know what the alleged victim had done in order for Grace Mugabe to assault her.

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

The Money Show’s Bruce Whitfield interviews Business Leadership South Africa’s Mohale for his weekly “ShapeShifter” feature.