Politician Profile Page
Economic Development
Economic Development Department Annual Performance Plan: DPME input
20 Mar 2018
The Department of Planning, Monitoring and Evaluation (DPME) appeared before the Committee to give a briefing on the progress being made by the Economic Development Department (EDD) and its entities with its strategic plans for the period 2015 to 2020, and the annual performance plans.
The Department monitored and assisted ...
Economic Development
Impact of industrial strategy on SMME development: Industrial Development Corporation briefing
13 Mar 2018
The Industrial Development Corporation briefed the Portfolio Committee on Economic Development on the impact of its programmes on the Small Medium and Micro and Enterprises, while the Committee, on the other hand, is to assess if the policies in place are directed to where they are needed most.
The entity ...
Economic Development
Competition Act: workshop with Competition Commission
13 Feb 2018
With a Competition Amendment Bill on the cards for Parliament, the Committee Researcher gave a background to the Competition Act. Competition legislation originated in the US and Canada in the 1890s to limit the political and market power of trusts. Trusts and cartels increased prices and forced small businesses out ...
Economic Development
Investment and external trade promotion: Department of Trade and Industry briefing
28 Nov 2017
The Department of Trade and Industry (Dti) reported that South Africa was now ranked the number 38 exporter in the world. Over the past seven years, the country’s exports had shown a firm growth of 19%, which represented additional exports of R126 billion at constant prices. In 2016, its top ...
Economic Development
Joint Study Tour to Malaysia Report
21 Nov 2017
The Portfolio Committee considered and adopted with amendments the Report on the Joint Study Tour to Malaysia.
The purpose of the study tour was to learn from Malaysia, as a country that has long followed and implemented long-term development planning to achieve certain objectives such as economic growth and employment, ...
Economic Development
Economic Development Department on Quarter 2 performance, with Minister and Deputy Minister
14 Nov 2017
Documents handed out: Q2 report – EDD [document awaited as it is being updated]
The Economic Development Department (EDD) reported that South Africa’s unemployment rate had remained steady at 27.7% for the past three quarters. Jobs had increased by 92 000, to 16 192 000, while unemployment had increased by 33 000 to 6 210 000. ...
Economic Development
Oversight Report
7 Nov 2017
Apologies were received from the Member, Dr MJ Cardo
The Committee adopted outstanding minutes of meeting as well as Reports prepared on oversight visits. All minutes and Reports were adopted, some with minor amendments. There was a discussion on the absence of Mr M Mabika. The Chairperson requested the members ...
Economic Development
Committee minutes
31 Oct 2017
The Portfolio Committee considered and adopted six sets of minutes.
Economic Development
Economic Development Budgetary Review and Recommendations Report
24 Oct 2017
2017 Budget Review & Recommendations Reports – BRRR
The Portfolio Committee on Economic Development deliberated on the contents of the Department of Economic Development’s Budgetary Review and Recommendations Report, making recommendations and changes to the draft report. The meeting was conducted on a page-by-page process, as it was assumed that ...
Economic Development
IDC + ITAC on their 2016/17 Annual Report
4 Oct 2017
Annual Reports 2016/17
IDC performance highlights for 2016/17 include:
• 175 transactions approved worth R15.3 billion up by 6% from the previous year;
• Total funding disbursed R11 billion, which was a decline of 3%;
• Jobs expected to be created or saved 20 881 (18 206 new jobs,2 675 jobs saved), up ...