Politician Profile Page
Economic Development
Audit outcomes of Economic Development Department and its entities: AGSA briefing; Department on its 2013/14 Annual Report, with Minister in attendance
14 Oct 2014
The Auditor-General of South Africa (AGSA) stated that the Economic Development portfolio had received an unqualified audit opinion. Stagnation in audit outcomes was related to compliance with legislation, and due process. The AG had advised that there had to be a stronger review of the actual achievement of targets. There ...
Public Enterprises
Transnet on its Annual Report and Financial Statements for 2013/14
10 Sep 2014
Transnet made its first presentation to the new Portfolio Committee on Public Enterprises. The meeting was also attended by the Chairperson of the Portfolio Committee on Transport and the CEO of the Passenger Rail Agency of SA (PRASA).
Transnet reported a 12.8% rise in revenue, amounting to R56.6 billion. Earnings ...
Economic Development
Finance and Fiscal Commission on Department's performance and projections; Office of the Auditor-General on its role and mandate
9 Sep 2014
The Finance and Fiscal Commission (FFC) said South Africa was still some way from restoring strong and sustainable economic growth rates, as required by the National Development Plan (NDP). The economy needed to grow by 5.4% per annum to achieve NDP targets and to eliminate poverty and reduce inequality by ...
Economic Development
Economic Development Department's Quarterly Performances for 2013/14
26 Aug 2014
The Economic Development Department (EDD) briefed the Committee on the performance and expenditure of the Department for the four quarters of the 2013/14 period.
Highlights for the first quarter included a report produced on employment, gross domestic product growth and investment in relation to the jobs drivers of the New ...
Economic Development
Economic Development Department on quarterly expenditure reports for 2013/14: postponement of meeting
19 Aug 2014
The Chairperson stressed the importance of quarterly reports, or reports in process, as far as legislation was concerned, because this was where the work done by the executive was reviewed. This process, in the case of this Department, was informed by the Budgetary Review and Recommendation Report (BRRR) cycle, which ...
Economic Development
Industrial Development Corporation & Small Enterprise Finance Agency on their Strategic Plans: briefings postponed
3 Jul 2014
The scheduled briefings did not take place. After consultation with the Committee management, the Chairperson decided that the corporate strategic plan of the Industrial Development Corporation had not been received in time for members to prepare themselves, and that the two briefings could not be heard. There was a discussion ...
Public Enterprises
Committee Section briefings on budget vote process, sector overview; Department of Public Enterprises briefing
2 Jul 2014
In the morning session, the Committee Section presented four documents for information of the Committee, around the budget vote process, the sector analysis, an overview of the financial year and an analysis of the role and budget of the Department of Public Enterprises (DPE) and the State Owned Companies (SOCs) ...
Public Enterprises
Election of Chairperson; Committee Programme
25 Jun 2014
The Committee elected Ms D Letsatsi-Duba as Chairperson.
The next meeting of the Committee would be on 2 July when it would be briefed by the committee researcher on how the Budget Vote worked, on the sector and an analysis of the Budget. In the afternoon, the Department of Public ...
Economic Development
Election of Chairperson
24 Jun 2014
The Committee met breifly to elect a Chairperson. Ms E Coleman (ANC) was elected unopposed to the position.