Hon House Chairperson, the ANC asked the House to support the report. The committee applauds the clean audit achieved by the Department of Economic Development and Trade and Industry as well as 15 of its 17 entities. The committee remains concerned about the challenges faced by the National Regulator for Compulsory Specifications, NRCS, and the SA Bureau of Standards, SABS, giving the important role they play in the South African economy.
The committee will closely monitors the implementation of their turnaround strategy, informed by deliberations of the committee recommends that the House requests the Minister of Trade and Industry to consider: One, engaging
the Minister of Finance to co-ordinate and monitoring and enforcement of local content requirement as underpinned by the Preferential Public Procurement Framework Act; two, increasing the allocation of incentive programme to facilitate deeper industrialisation investment, industrial decentralisation and increase job opportunities; three, submitting the final report of the forensic investigation undertaken by the NRCS and the SABS once these are completed; four, increasing the government grant to the SABS to facilitate small, medium and micro enterprises support and local content verification on the outer year of the Medium-Term Expenditure Framework; and five, assist the NRCS with its procurement process to implement the information and communication technology modernisation project. I thank you.
Question put: That the Report be adopted.
Motion agreed to (Democratic Alliance, Economic Freedom Fighters, Freedom Front Plus and African Christian Democratic Party dissenting).
Report accordingly adopted.