Hon House Chairperson, the Portfolio Committee on Social Development considered the annual report of the National Development Agency, NYDA, for the 2011-12 financial year. The NYDA is a schedule 3(a) public entity, established in terms of the National Development Agency Act of 1998, and it strives to leverage strategic partnerships to eradicate poverty and enable poor communities to attain sustainable livelihoods.
This entity or agency seeks strategic objectives. The committee is satisfied with the performance of the agency. However, we want to reflect on objective four of the agency, with regard to mobilising and leveraging resources. The agency set itself a goal of raising R200 million for the year under review but only managed to raise R7 million. Our recommendation in this regard is that the agency should develop annual targets that are realistic and achievable. The R200 million target was thus not achieved.
Furthermore, the Minister should ensure that the policies that had not been approved by the agency, because of delays by the board, should be approved in this financial year. Thank you. [Applause.]
There was no debate.
Chairperson, I move:
That the report be adopted.
Motion agreed to.
Report accordingly adopted.