Committee Report on Department of Economic Development's Budget

Economic Development

22 March 2010
Chairperson: Ms E Coleman (ANC)
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Meeting Summary

The Committee met to consider its Report on the Department of Economic Development’s budget vote. Members corrected all the grammatical and numbering errors in the report. In addition, they either restructured or removed several sentences in order to enhance readability. Members expressed concern that the report had misrepresented the Department by stating that it had intended to hire more line managers than support staff. The sentence was removed to avoid any confusion.

Members asked for the following Recommendations to be included:
The Department must brief the Committee on economic trends of the first year of the MTF.
The Department must submit a progress report on the development of the EDI on a quarterly basis.’
The Committee supports the Department working together with the National Treasury at enlarging or increasing the public investment initiatives.

The report was adopted with amendments.

Meeting report

Adoption of the Committee Report on the Department of Economic Development’s Budget Vote No 27
The Chairperson asked whether Members wanted to make any amendments to be to the report.

Members corrected all the grammatical and numbering errors in the report. In addition, they either restructured or removed several sentences in order to enhance readability.

Mr L Greyling (ID) referred to p.5 and proposed that it should be amended to read ‘The EDD seeks to appoint more line managers than support staff’.

Mr X Mabaso (ANC) said that this needed to be double checked so as not to misrepresent the Department.

The Chairperson recalled that the Department had indicated in their budget that they would be appointing people for key senior management positions. The statement was therefore not an accurate reflection of what was said.

Ms H Line (ANC) advised that this sentence be removed in order to avoid misrepresentation.

Members agreed to this suggestion.

The Chairperson instructed the Committee Secretary to capture all discussions held under the heading ‘Discussions’ and responses under the heading ‘Responses’. This would serve to eliminate any possible confusion.

Mr Z Ntuli (ANC) requested the inclusion of recommendations made subsequent to the Committee’s observations on its visit to companies in distress that had been assisted financially by the Industrial Development Corporation.

Mr P Rabie (DA) agreed and emphasised that the long-term viability of these companies should be looked into.

Members asked for the following Recommendations to be included:
The Department must brief the Committee on economic trends of the first year of the MTF.
The Department must submit a progress report on the development of the EDI on a quarterly basis.’
The Committee supports the Department working together with the National Treasury at enlarging or increasing the public investment initiatives.

Mr Rabie said that as he did not have a mandate from his party to either support or reject the pension issue, and therefore abstained from voting.

The report was adopted with amendments.

The meeting was adjourned.

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