Politician Profile Page
Economic Development
Competition Commission legislation implementation challenges
29 Nov 2016
The Competition Commission said the vision of the Commission was the attainment of a growing and inclusive economy that served all South Africans through the Commission’s three core functions of enforcement, merger regulation and advocacy. The challenges to cartel enforcement were excessive litigation on technical grounds in the form of ...
Economic Development
Minister of Economic Development on Quarter 2 Performance
15 Nov 2016
The Minister stated that growth rates on the African continent were faster than global average since 2000, driven by an expanding demand for commodities, rising urbanisation and growing investment levels. However, African growth is now slowing sharply. South Africa’s growth will be affected by weaker continental growth. Total trade between ...
Economic Development
New Growth Path: response to questions by Minister of Economic Development
8 Nov 2016
The Minister responded in detail to questions asked by members at the 25 October meeting. His responses highlighted that in unlocking investment it is important that the country focus on the political economy, market opportunity, access to infrastructure, regulatory efficiency, skills availability, and competitiveness and inclusion. The Minister noted that ...
Economic Development
Committee minutes
1 Nov 2016
Documents:
Draft Minutes of the Portfolio Committee, 08 March 2016
Draft Minutes of the Portfolio Committee, 15 March 2016
Draft Minutes of the Portfolio Committee, 05 April 2016
Draft Minutes of the Portfolio Committee, 12 April 2016
Draft Minutes of the Portfolio Committee, 23 August 2016
Draft Minutes of the ...
Economic Development
New Growth Path: Minister of Economic Development progress report; Economic Development BRRR
25 Oct 2016
The Minister of Economic Development presented on the New Growth Path preliminary medium term review. He stated that prior to the adoption of the NGP employment stood at 13 638 000 jobs, after the NGP the statistics showed 15 545 000 jobs that have been created thus far. Therefore, since ...
Economic Development
Economic Development Department, Competition Tribunal & IDC on their 2015/16 Annual Reports, with Minister & Deputy
13 Oct 2016
Department of Economic Development Annual Report
Competition Commission of South Africa Annual Report
Industrial Development Corporation of South Africa Limited Annual Report
The Minister highlighted that the EDD spent 99.8% of its allocated budget and was able to meet its performance targets from the 23 indicators that were included in ...
Economic Development
Economic Development Department 2016/17 Annual Report: briefing by Auditor-General & Financial Fiscal Commission
12 Oct 2016
Auditor General South Africa said that Economic Development Department (EDD) and its entities, Competition Commission, Competition Tribunal, International Trade Administration Commission (ITAC) did not receive unfavourable audit opinions. However, none of the entities had been successful in sustaining the achievement of clean audit outcomes either. All of the entities had, ...
Economic Development
ITAC & Competition Commission on 2015/16 Annual Reports
11 Oct 2016
Annual Reports:
International Trade Administration Commission of South Africa [126MB] [email info@pmg.org.za]
Competition Commission of South Africa
ITAC received a record ten applications for tariff increases on primary steel from Arcelor Mittal (AMSA), South Africa’s largest steel producer. The Committee was taken through achievements against targets set for tariff investigations; trade ...
Economic Development
Steel Industry: inputs from ITAC, Competition Commission & Industrial Development Corporation
14 Sep 2016
The Committees was briefed by International Trade Administration Commission (ITAC), the Competition Commission and the Industrial Development Corporation (IDC) on issues related to the steel industry.
ITAC said that the tough global economic conditions since 2008 had resulted in an oversupply of steel in China, and a consequent drop in ...
Economic Development
Minister's briefing on Economic Development Department Jan-Jun 2016 performance
13 Sep 2016
The Minister, Mr Ebrahim Patel, said the 4th quarter was normally challenging as it came after the Christmas period, but the 4th quarter had experienced even rougher economic conditions and mining and agriculture had declined. The year had seen rising employment until the 4th quarter where in three months 355 ...