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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 ...
Economic Development
South Africa’s socio-economic issues: OECD briefing; International Labour Organisation on its work
6 Sep 2016
The Organisation for Economic Co-operation and Development (OECD) briefed the Committee on the overarching priorities for strong, sustainable and inclusive growth in South Africa. They identified key problem areas in the South African economy and recommended a focus on policy implementation of the objectives in the National Development Plan, the ...
Economic Development
1 Quarter 2016 Labour Force Survey by Stats SA; Skills development: Engineering Council of South Africa briefing
30 Aug 2016
Statistics South Africa (Stats SA) gave a presentation of the Quarterly Labour Survey Q2/2016 results, stating that the information was not actually garnered by Stats SA. The report noted that unemployment decreased by 90 000 to 5.6 million which resulted in a decline in unemployment rate by 0.1 of a ...
Trade, Industry and Competition
Steel Industry interventions: Minister of Trade and Industry briefing
23 Aug 2016
The Portfolio Committees on Trade and Industry and Economic Development met jointly to be briefed by the Minister and the Department of Trade and Industry on Steel Industry interventions.
Minister of Trade and Industry, Rob Davies, said that the Minister of Economic Development and he had been working together closely ...
Economic Development
Meeting with German Committee on Economic Affairs and Energy
20 Apr 2016
The Portfolio Committee on Economic Development and the Portfolio Committee on Energy had a joint meeting with the German Committee on Economic Affairs to discuss matters such as the introduction of nuclear power stations and renewable energy, as well as to receive advice on how to improve existing power stations ...
Economic Development
Committee Report on Economic Budget Vote
12 Apr 2016
The Chairperson, after consulting Members, decided that the meeting adjourn for an hour as the ruling party members needed to go into caucus around the report before presenting it to the meeting. The meeting adjourned and convened two hours later.
The Chairperson took Members through the report page by page. ...
Economic Development
IDC, ITAC, Competition Commission & Competition Tribunal on their 2016 Strategic & Annual Performance Plan
6 Apr 2016
The Industrial Development Corporation, the International Trade Administration Commission, the Competition Tribunal and Competition Commission presented their annual performance plans to the Portfolio Committee on Economic Development.
The Industrial Development Corporation’s corporate plan highlighted some key issues faced by the entity, especially those which were due to the current economic ...