(1)Whether the transaction by the National Gambling Board to purchase the property at 1085 Frances Baard Street, Hatfield, has been finalised; if not; what is the position in this regard; if so, (a) on what date was the transaction concluded and (b) what was the cost of the building;
Following information received from the National Gambling Board (NGB) relating to this transaction, I have requested the Director-General to further engage the NGB on information required and processes followed and provide me with a Report. A supplementary reply will be provided once the information has been received.
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Whether, considering the participation of the delegation of the Republic in the World Economic Forum (WEF) 2024 that took place in Davos-Klosters, Switzerland, from 15 to 19 January 2024, his department bore the financial responsibility for the expenses of its representatives in terms of (a) accommodation, (b) air travel, (c) ground transportation and (d) any other ancillary expenses, if so, what are the relevant details in terms of the (i) total cost and (ii) breakdown thereof, if not
(2) Whether the specified expense were covered by funds received from the National Treasury, if not, what is the position in this regard, if so, what are the relevant details? NW364E
The World Economic Forum (WEF) 2024, which took place in Davos-Klosters, Switzerland, from 15 to 19 January 2024, provided South Africa an opportunity to engage international investors and policy-makers.
I was accompanied by the Acting DDG Invest SA and two DTIC permanent representatives to Geneva. The department’s appropriated budget covered all expenses.
The engagements and activities included
- More than 15 separate sessions with investors ...
(a) What are the reasons that there has been a delay in tabling a resolution for the accession of the Republic to the Marrakesh VIP Treaty and (b) how does the delay align with the commitment to uphold the rights of the visually impaired?
a) Because an international agreement will be binding on South Africa, the country must be able to maintain its international obligations in terms of the Treaty to which it has acceded. In order to accede to the Marrakesh Treaty, it is necessary therefore to finalise amendments to the Copyright Act, Act 98 of 1978. The Copyright Amendment Bill that addresses these matters was passed ...
What were the outcomes of the eight disciplinary referrals made by the Special Investigating Unit to the National Lottery Commission against their own employees? NW347E
The National Lotteries Commission has furnished me with the attached response to the question.
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(1)Whether the Government had created or is in the process of creating a retrofitting ecosystem for transitioning from internal combustion engine (ICE) vehicles to electric vehicles (EVs) through the development of (a) a white paper and strategic frameworks, (b) tax breaks and (c) subsidies and/or grants for converting ICE vehicles to EVs, thereby (i) establishing safety standards for retrofitting processes, (ii) working closely with component manufacturers, (iii) encouraging partnerships to develop cost-effective retrofit kits, (iv) promoting retrofitting technologies and (v) collaborating with universities and research institutions; if not, why not; if so, what ecosystem is being created;
(2) whether he has created an ecosystem to help young persons in large numbers to acquire the skills to help present owners of cars to retrofit them as EVs; if not, why not; if so, what are the relevant details? NW228E
(1) Retrofitting in the automotive industry refers to the practice of replacing internal combustion engines (ICE) in vehicles with an electric motor and large storage batteries, making them electric vehicles (EVs). This practice thus means that an old or used vehicle is fitted with modified or new equipment for alternative propulsion than initially designed for.
In the case of retrofitting, the manufacturer of the ...
Whether, in view of the fact that major importers of South African manufactured vehicles, such as the United Kingdom and Europe, will no longer allow the importation of internal combustion engine vehicles by 2030, and that funders, including banks, are ready right now to support the transition to electric vehicles (EVs), and considering that Morocco is stepping into the EV arena with plans for an African-designed EV set to debut in 2026, the Government has been galvanised into action to get manufacturers to modify their manufacturing plants for hybrid and EV production as swiftly as possible; if not, why not; if so, what steps has the Government taken to remain ahead of the curve;
2. what steps has he taken to ensure that the Republic’s status as an exporter of motor vehicles remains secure, both in the interest of job preservation and economic growth;
3. whether he provided the motor vehicle manufacturing industry with a clear plan of action and a roadmap; if not, why not; if so, what are the relevant details?
South Africa currently exports around 63% of its vehicle production, making it imperative to consider global developments in the auto industry. Major export markets such as the EU and the UK have announced bans on internal combustion engine (ICE) vehicle sales by 2035, accompanied by incentives for electric vehicle (EV) adoption. This global shift towards environmentally friendly transportation is expected to reduce demand for ...
Whether, with reference to his reply to question 4227 on 2 January 2024, he will furnish Mr M J Cuthbert with a
(a) full list of companies under each of the investment sectors listed in Table 1 and
(b) breakdown of each company, split by debt or Equity, for each investment sector?
The IDC’s investment portfolio in terms of exposure, is currently at R98.9 billion, made up of R65.7 billion (66%) in Debt and R33.2 billion (34%) in Equity. Debt investments are those that are classified as Solely Payments of Principal and Interest (SPPI) and Equity investments are classified as Non-SPPI. The Mining Sector comprises the most significant exposure at 38%, followed by Chemicals (17%) and ...
What measures has his department put in place to ensure that logistical woes, such as operational challenges and equipment failures at ports, do not impede the ability of the Republic to trade and export products, as was the case across three provinces in 2023?
A well-functioning transport and logistics system is vital to unlock the opportunities presented by trade, to grow the SA economy and create jobs.
The Department of Trade, Industry and Competition (the dtic) supports efforts by the Department of Public Enterprises (DPE) to address challenges at ports and find permanent and systemic solutions. A workstream has been put in place by DPE and ...
What (a) is the current financial status of the Saldanha Bay Industrial Development Zone (SBIDZ) and (b) total budget will be allocated to the SBIDZ in the 2024-25 financial year to promote investment in green energy to enhance sustainable energy, excluding the mooted collaboration or deal with a certain company (name furnished)?
The SBIDZ is managed by the Western Cape Provincial Government.
According to the Western Cape Provincial Government and the SBIDZ, the entity is not yet independently financially sustainable and is still reliant upon the Provincial Government as the owner of the SEZ, for operational funding.
Below is a table with the provincial allocation for the financial years 2022-2026.
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Specific Budget policy programmes
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2022/23
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2023/24 ... |
What (a) total number of business loans were issued by the Industrial Development Corporation in the past five financial years, (b) was the total monetary value of the loans, (c) total number of the loans were issued to (i) majority BEE owned, (ii) majority female owned and (iii) non-South African companies and (d) total number of specified companies failed in their (i) first, (ii) second, (iii) third, (iv) fourth and (v) and fifth year of operation?[
In the past five years the Industrial Development Corporation (IDC) issued:
The total number of 834 business loans and equity funding.
The total monetary value is R80,5 billion.
Total Approvals
BEE owned (>50%)
Women owned (>50%)
Non-South African companies
a) Total number of the business loans/equity that were issued:
- 53,7% of the total number of business loans/equity ...
