Minister of Economic Development, Mr Ebrahim Patel, delivered his Budget Vote Speech to the National Assembly on Thursday, 21 April 2016, at 2pm in the New Assembly Chamber. A media briefing was held prior to the speech at 1pm at the Imbizo Centre.
An exhibition showcasing locally-produced products was on display at the New Assembly Courtyard.
Watch the entire Budget Vote Speech and debates on YouTube here.
Deputy Minister, Madala Masuku, interacted with members of the business community at the Ehlanzeni District in Nelspruit, Mpumalanga, when he attended an investment conference.
Held at the Floreat Hotel, the theme of the conference was “Unlocking Business Opportunities in Ehlanzeni”.
Opening his address, Mr Masuku reiterated government’s message regarding the recent attacks on foreign nationals. He told delegates that the South African economy relied on mutual trade relations with other countries, especially those comprising the rest of the African continent, for its success.
During the deliberations, the audience was given a green light on upcoming business opportunities, which would be created through envisaged development programmes, both at municipal and provincial levels.
Mr Masuku reminded the delegates that they should, in all their ventures, be mindful of the country’s development goals as set out in the National Development Plan, and ensure that more jobs were created constantly.
Deputy Minister of Economic Development, Madala Masuku, visited Bloemfontein, Free State, to interact with different stakeholders and discuss economic development initiatives.
He met local authority representatives and business operators to thrash out how best to implement and reach the targets the country has set itself as per strategic policies such as the National Development Plan and New Growth Path.
He told the local councilors in all projects undertaken by municipalities that key decision-makers must assess whether these projects would create more jobs for South Africans or not.
He also visited a number of small business operators to find out what their challenges were and how best the government could assist them to grow their businesses, so that they can make a meaningful contribution to the development of our economy.
View a selection of photos from the Deputy Minister's visit on EDD's FlickR page.
Profiles of people impacted by our industrial investment and infrastructure build programme 2016
EDD ANNUAL REPORT 2014 | 15
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.
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