Trade, Industry and Competition
SA foreign direct investment obligations & Promotion and Protection of Investment Bill [B18-2015]: seminar
24 Aug 2015
The Committee heard a total of five presentations during a seminar designed to solicit input and facilitate discussion on the Promotion and Protection of Investment Bill. First to present was Dr James Zhan from UNCTAD. He aimed to give the UN and international perspective on the state of global investment ...
Trade, Industry and Competition
National Consumer Commission (NCC) 4 Quarter 2014/15 performance; IPAP – Metal Fabrication sector: Transnet, PRASA & Tooling Association of South Africa input
18 Aug 2015
The Portfolio Committee on Trade and Industry had an engagement with four state entities on their performances.
The National Consumer Council (NCC) informed the Committee that 15 out of 18 targets had been fully achieved, two had been partially met and one had not been met at all. 1 582 ...
Trade, Industry and Competition
SABS, National Lotteries Board on their 4th Quarter Reports; Operation Phakisa: Trade and Industry perspective
17 Aug 2015
The Committee received presentations from the South African Bureau of Standards (SABS) and the National Lotteries Board on their fourth quarter reports, and from the Department of Trade and Industry on the achievements and future plans of Operation Phakisa.
The SABS said it had 1 100 employees who assisted in training, ...
Trade, Industry and Competition
Investment trends: Department of Trade and Industry (DTI) briefing
14 Aug 2015
The Department of Trade and Industry (dti) gave a presentation to the Committee on investment trends in South Africa. Investment formed an important pillar of the President's nine-point plan to grow the economy. Investment trends provided a very reliable predictor of future growth in an economy, along with statistics on ...
Trade, Industry and Competition
Industrial Policy Action Plan (IPAP) 2015: public hearings Day 2
12 Aug 2015
The Department of Trade and Industry (DTI) on high impact for accelerated growth in Agriculture and Agro-processing Programme
The Department said despite the 2008 economic meltdown, food processing continued to be resilient and it was one of the largest manufacturing sectors by employment. The food and beverage industry contributed about ...
Trade, Industry and Competition
Minister on Industrial Policy Action Plan (IPAP) 2015 & Status of African Growth Opportunity Act (AGOA)
4 Aug 2015
The Minister said one of the major themes that were covered in the government’s nine point plan in addressing the economy was the higher impact IPAP. There were a number of constraints in terms of manufacturing which were in some cases global challenges such as the steel glut experienced worldwide. ...
Trade, Industry and Competition
Trade and Investment Policy Workshop: day 1
21 Jul 2015
The Portfolio Committee’s trade and investment workshop focused on foreign direct investment, and featured presentations by the Department of Trade and Industry (DTI), the University of the Western Cape (UWC) law faculty, the Trade and Law Centre (tralac), and the South African Institute of International Affairs (SAIIA).
The DTI described ...
Trade, Industry and Competition
Remote Gambling Bill [PMB3-2015]: submissions and responses by Department & Private Member
24 Jun 2015
Mr G Hill-Lewis (DA) said there had been a strong feeling that the Remote Gambling Bill required stronger and more explicit language around the requirement for local investment. This was fully supported, because the intention of the Bill was clear. All licensed operators should situate the entirety of their business ...
Trade, Industry and Competition
Remote Gambling Bill [PMB3-2015]: input by National Treasury, SARS & Financial Intelligence Centre
17 Jun 2015
In light of the dangers of excessive gambling, National Treasury was open to either prohibiting online gambling or regulating the sector as long as the choice was adequately enforced. National Treasury, SARS, the Financial Intelligence Centre (FIC) and the South African Reserve Bank (SARB) could certainly provide the mechanisms to ...
Trade, Industry and Competition
Draft Liquor Policy: Department of Trade and Industry (DTI) briefing
10 Jun 2015
The Department of Trade and Industry (DTI) said the liquor industry in South Africa was regulated by DTI and comparatively, the liquor industry contributed significantly to the economy of the country. Because of the problems this country were experiencing in terms of the socio-economic impact of alcohol use, the President ...