I would like to inform the Honourable Member that there are currently only two entities reporting to the Minister of Social Development. The National Development Agency was established in terms of the National Development Agency (NDA) Act (Act No. 108 of 1998). The NDA is a listed public entity (Schedule 3A of the Public Finance Management Act), reporting to the Minister of Social Development. Its key strategic objectives of as prescribed in the Act is to:
The South African Social Security Agency (SASSA) was established in terms of the SASSA Act (Act No. 9 of 2004). The mandate of the Agency is to ensure the provision of comprehensive social security services against vulnerability and poverty within the constitutional and legislative framework.
Other than the assets which are verified and listed in each financial year as per the requirements of the PFMA, the two public entities do not have any investments (listed or unlisted as they are established to fulfil a specific function in accordance with their respective Acts.