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:
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.
Minister of Economic Development, Mr Ebrahim Patel, provided the much needed hope to the children of an orphanage in Soshanguve during a visit to the institution to mark Mandela Day on Monday, 18 July 2016.
The Luvuyo Youth Care Centre is a home to 33 homeless children, aged between eight months and 22 years old, who have either suffered domestic abuse or are living with the HIV virus.
Since the centre started operating in 2003, it had managed to accommodate 352 children, of which 22 are permanently residing there.
Speaking individually to the children and asking them simple questions about their current studies and envisaged future careers, after a walk-about around the institution, Minister Patel motivated them to acquire as much knowledge as possible so that they could make informed decisions about their future careers.
EDD ANNUAL REPORT 2015 | 16
Profiles of people impacted by our industrial investment and infrastructure build programme 2016
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.
View more photos on Flickr
Industrial Development Corporation | Small Enterprise Finance Agency | Competition Commission | Competition Tribunal | ITAC