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Budget Vote

Minister of Economic Development, Mr Ebrahim Patel, delivers his Budget Vote Speech to the National Assembly, Parliament, Cape Town, on 25 May 2017.  See the side bar "Budget Vote 2017" for the full speech.




Promoting construction-industry transformation through partnerships – press briefing on construction industry Settlement Agreement | 13 Feb. 2017
Minister of Transport, Ms Dipuo Peters, Minster of Rural Development and Land Reform, Mr Gugile Nkwinti and Minister of Economic Development, Mr Ebrahim Patel, speaking at the press briefing regarding the construction industry Settlement Agreement, 13 February 2017. (GCIS)

On 11 October 2016, Government and seven companies in the construction industry signed an agreement to promote transformation in the sector and settle outstanding and potential civil claims between the parties relating to a number of infrastructure projects. The civil claims relate to the infrastructure projects in the period to 2010, that were settled as part of the Fast-Track Settlement process with the Competition Commission.

The Settlement Agreement, also known as the Voluntary Rebuilding Programme (VRP), has three components:


Minister Patel signs a memorandum of understanding with the government of Flanders and the International Labour Organizationon for the development of a social economy policy in South Africa.

Economic Development Minister, Ebrahim Patel, today signed a Memorandum of Understanding (MoU) with the Government of Flanders and the International Labour Organization (ILO) to help boost job creation in the social economy in South Africa.

The Government of Flanders committed Euros 1 324 367 (around R19 million) towards the initiative which is aimed at creating and supporting decent jobs in a sustainable and inclusive social economy. EDD’s in-kind contribution is R4.8 million, bringing the total project cost to around R23.7 million. The International Labour Organization will give technical support to the Economic Development Department in the implementation of this project.


Handover of books to the Luvuyo Child Youth Care Centre.

The Economic Development Department (EDD) delivered employee-collected children books to the Luvuyo Youth Care Centre in Soshanguve on 14 September 2016, fulfilling the commitment made by the Minister of Economic Development, Mr Ebrahim Patel, during the Mandela Day commemoration at the institution on 18 July this year.

The institution is a home to 33 either abused or HIV positive children. Seen here with volunteers and children is the institution’s manager, Mrs Lindiwe Nokwali, (second from the left), Mr Reginald Khanzi, EDD’s Events Co-ordinator and Protocol Officer, (left) and Mr Duma Nkosi, Acting Deputy Director-General: Social Dialogue. Mrs Nokwali expressed her appreciation for the donation and added that the books would go a long in developing the minds of the young children.

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Scam Alert
All Service Providers and Businesses

The Economic Development Department wishes to advise members of the public, particularly those in business, to be alert to a scam utilizing the logo of the Economic Development Department. The fraudsters involved send unsuspecting business operators a Request for Quotations for the provision of Solar Panels.

As the Economic Development Department, we wish to state that we do not have such a project, and therefore beware that the Request for Quotation is not from the Economic Development Department.

Please confirm any request you receive with our Supply Chain Management division on these details 012 394 3579. Report these fraudulent activities to the SAPS or call the Anti Corruption hotline 0800 701 701 or SMS to 39772 or send an email to fraud@economic.gov.za.

Broadway Sweets Factory vist | 9 June 2016
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