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Economic Development
Quarterly Labour Force Survey - informal sector: briefing by Statistics South Africa
7 Sep 2015
Statistics South Africa in a continuation of their briefing from the previous week, spoke about the Survey of Employers and the Self-Employed (SESE), and explained the implications of non-VAT registered businesses (with a gross turnover of less that R1m per annum), which most commonly exist in the informal sector. This ...
Economic Development
Economic Development Department 1st Quarter 2015/16 performance; Quarterly Labour Force Survey: Statistics South Africa briefing, with Minister present
1 Sep 2015
The presentation revolved around two topics -- a briefing by the Economic Development Department (EDD) on its first quarter performance, and by Statistics SA on the Quarterly Labour Force Survey.
The Minister of Economic Development spoke about the economy. From October 2010 to June 2015, employment had risen from 13.6 ...
Economic Development
International Trade Instruments: workshop with International Trade Administration Commission & Department of Trade and Industry
17 Aug 2015
The Department of Trade and Industry provided the Committee with information on the status of many trade negotiations currently taking place. Most of these programmes aimed to increase African participation in international trade, as well as intra-regional trade within Africa. Global trade was rapidly evolving to include both intermediate goods ...
Economic Development
Portfolio Committee on Economic Development outstanding work
23 Jun 2015
The Committee’s Content Advisor took Members through the five year strategic plan. He highlighted the priorities of the Committee; which included increasing oversight functions, active monitoring of departmental priorities, issues of national state interventions in the economy as it relates to infrastructure implementation, basic efficiency and development of departments in ...
Economic Development
Consideration of outstanding work: postponement of meeting
17 Jun 2015
A meeting was scheduled for 9:30am in an attempt to review the Committee’s outstanding work. Very few members arrived as scheduled (3 ANC members) and three other members arrived within 20 minutes of the stipulated time. The present committee members made frantic efforts to reach their colleagues with an aim ...
Economic Development
Automotive sector: briefing by Economic Development Department & Department of Trade and Industry
9 Jun 2015
The Department of Trade and Industry (DTI) gave the Committee a full breakdown of the participants in the South African motor vehicle industry. There were seven original equipment manufacturers (OEMs) -- Ford, Nissan and BMW (in Gauteng), Toyota (in Durban), Mercedes (in East London), General Motors (in Port Elizabeth) and ...
Economic Development
Minister for Economic Development on Industrial Development Corporation (IDC) investment strategy
2 Jun 2015
Minister Ebrahim Patel said that the role of the IDC was important. Without the IDC, the economy would be worse off as the IDC’s level of investment was significant and moreover attracted private sector investments. The IDC used its investment portfolio to generate income to pay its overheads and to ...
Economic Development
Competition Tribunal & International Trade Administration Commission (ITAC) on their 2015/16 Annual Performance & Strategic Plans
19 May 2015
The International Trade Administration Commission (ITAC) gave a presentation to the Committee on its annual performance and strategic plans. It reported that there had been improvements in the internal controls and compliance-related matters over the recent past as evidenced by the clean audit that ITAC had obtained for the 2012/13 ...
Economic Development
International Trade Administration Commission, Competition Tribunal & Competition Commission 2015 Strategic Plans
28 Apr 2015
Document awaited: Contributions to Employment Creating Growth through ITAC’s Instruments
The International Trade Administration Commission (ITAC) made two presentations. The first was on its strategic and annual performance plans covering policy direction; legal frameworks; key strategic objectives performance areas and services; tariff investigations; trade remedy investigations; import and export control ...
Economic Development
Industrial Development Corporation Strategic and Annual Performance Plans
21 Apr 2015
The IDC is going to maximise its impact with existing resources it has to increasingly lead industrial capacity development.
The activities of the IDC are aligned to the programmes of the government that focus on driving increased economic activity in productive sectors and seeking to have a greater impact on ...