Politician Profile Page
Minister of Economic Development on Transformation
27 Nov 2018
The Committee was briefed by the Minister of Economic Development on the impact created by the Industrial Development Corporation’s (IDC’s) investment decisions on transformation and economic inclusion. The Department had set a five year target for the IDC to promote economic inclusion and had provided it with R32 ...
Economic Development Department Quarter 1 & 2 performance; with Minister and Deputy present
13 Nov 2018
The Minister of Economic Development, Mr Ebrahim Patel, met with the Committee to brief it on quarter one and two performance of the Department of Economic Development (EDD) for the 2018/19 financial year. Quarter one covered the period 1 April 2018 to 30 June 2018 and the presentation addressed ...
Economic Development Department 2017/18 Annual Report; with Minister & Deputy Minister
11 Oct 2018
The EDD briefed the Committee on its 2017/18 annual report. The Minister and Deputy Minister were in attendance.
The EDD received a clean audit, and there as an overall improvement in the control environment as evidenced by less findings compared to the previous financial years ...
NCOP Economic and Business Development
Competition Amendment Bill: briefing by Minister and Deputy Minister
9 Oct 2018
The Minister of Economic Development provided an overview of the Competition Amendment Bill to the Select Committee although the Bill was due to be passed by the Portfolio Committee only on 16 October. The Competition Act was enacted twenty years ago in 1998. Over time, certain gaps had been identified ...
Competition Amendment Bill B23-2018: Ministry response to submissions
11 Sep 2018
The Minister of Economic Development responded to the matters raised during the public hearings on the Competition Amendment Bill. The Bill aims to ensure economic transformation inclusivity by opening the door to small and medium enterprises and black Africans to participate meaningfully in the country’s economic activities thereby enlarging ...
NCOP Petitions and Executive Undertakings
Minister of Police & Deputy Minister of Economic Development: Executive Undertakings Progress
21 Aug 2018
The Minister of Police and his delegation gave a progress reports on executive undertakings made by the Minister during the NCOP Question and Answer Session on 23 February 2016 about:
• Formulas for Redistribution of Resources
• Engcobo: CCTV Project;
• Infrastructure; Progress and Status of Police Facility Projects
Members complained ...
Textile Industry: IDC briefing; Economic Development Department Quarter 4 performance with Minister & Deputy Minister
12 Jun 2018
The Minister of Economic Development, Mr Ebrahim Patel, presented the fourth quarter report of the Economic Development Department to the Committee and he was accompanied by his Deputy, Mr Madala Masuku.
The Minister reported that the country’s GDP declined 2.2 percent during the quarter with agriculture taking the ...
NCOP Economic and Business Development
Economic Development Department Annual Performance Plan, with Deputy Minister
25 Apr 2018
Deputy Minister Masuku said there were no serious changes to the Annual Performance Plan (APP) with the priorities remaining a focus on job creation; inclusive growth of the economy; the alignment of the state bodies around implementation; providing strategic direction to competition authorities and on competition policy. He spoke to ...
Department Economic Development & ITAC 2018/19 Annual Performance Plan; with Minister
27 Mar 2018
The Minister of Economic Development outlined the mandate of the Department, which was to align the plans of all the national departments to the National Development Plan and National Growth Path to ensure that the country experienced growth in both the economy and the number of jobs created. He described ...
Economic Development Department on Quarter 3 performance; with Minister and Deputy Minister
14 Mar 2018
The Minister of Economic Development provided the Committee with an overview of the economy from the Department’s perspective, before providing details of its performance during the third quarter of the current financial year.
The gross domestic product (GDP) in the quarter had shown an increase of 3.1% compared ...