Madam Speaker Deputy Speaker Honourable Premier
Members of the Executive Council
Honourable Chief Whip of the Majority Party (ANC)
Honourable Members
Chairpersons of the GDED Boards
Members of the media
Guests and dignitaries
Ladies and gentlemen.
Four years ago, in response to criticism of South Africa’s journey of democracy emanating largely from Western commentators, the recently departed South African literary giant, Nadine Gordimer, once retorted:
"We are still in the morning after. I cannot emphasise strongly enough, we have had sixteen years. Sixteen years. It's not even a generation. And here you, in Britain and America, have had hundreds of years of working towards democracy, and it's still not perfect; you've still got poor people…. But we're expected to have done it in 16 years."
The proverbial morning after referred to in this passage represents our journey since the first democratic elections - a breakthrough brought about by the people’s resilience and conviction in the virtue of the cause for freedom.
The revolutionary patience and honest observation of this gifted writer – who spared no punches when confronting those who from their high-towers and palaces chose to make a mockery of our hard won democracy and the giants strides we have recorded in the past - will eternally serve as the guiding light we need to propel our society forward.
Honourable Speaker
We are honoured to be presenting the 2014/15 Budget Vote for the Department of Economic Development in a month that is of historic significance to activists and proponents of social change in our country and the world at large.
The month of July represents a heroic hope for an alternative world order and a relentless struggle premised on an undying desire to realise justice, equality, freedom and self-determination.
The movement of Fidel Castro and his cadres placed on the world pedestal a resounding example of an alternative society, one that is grounded on the cooperation of nations and solidarity across racial and colour lines.
During this month of July, we commemorate and celebrate the victories of the Cuban Revolution and the birth of the 26 July Movement, mindful and appreciative of the reality that our freedom and liberty was won on the battle ground, side by side, with Cubans as our comrades in arms.
The exceptional resilience of the Cuban people and their determination to march forward in the face of smothering adversity from world powers that seek to press the pause button on the movement of history and the triumph of justice is praiseworthy.
Honourable Speaker,
A few days ago we also marked the birthday of the first President of a democratic South Africa - Nelson Mandela. It was a bittersweet moment - the first birthday celebrated without his commanding presence.
As we begin the second phase of our transition as a country, we draw inspiration from the freedom fighter’s militancy and determination to knit a destiny that is intricately tied with the destiny of the oppressed majority.
We embark on this long and demanding journey of radical economic transformation inspired by his words that:
“We need to exert ourselves that much more, and break out of the vicious cycle of dependence imposed on us by the financially powerful; those in command of immense market power and those who dare to fashion the world in their own image”
It is these words that propel us to struggle for a better South Africa and a better world.
The Global Economy
Honourable members
The struggle for a better world founded on economic prosperity and equality continues. It continues in the midst of a global economic system that is besieged with crisis.
Economic growth in all major economic centres including advanced and emerging markets, has been lower than expected.
Eurozone is expecting a growth rate of below 3%, while US is expecting growth rate of 3%. There is consensus amongst development economist that US economy will continue to have considerable unused labour and capital resources signaling slow recovery of labour markets and low manufacturing output.
China's three decade of rapid growth of 10% is slowing and commodity exporting countries like South Africa will be adversely affected. Our extractive industry contributes about 20% to our GDP making it the biggest contributor.
All these global economic development makes a compelling case for state intervention in the economy, particularly in the productive sectors and contributing in building resilient township economy.
Honourable members,
The Gauteng economy provides a good vantage point from which to view and understand the South African economy. This province contributes the highest percentage share into our country’s economy.
A third (34.5%) of South Africa’s GDP is accounted for by Gauteng. The Gauteng economy employs a total of 4.7 million people and, with the exception of agriculture, contributes the highest percentage share in almost all sectors of the South African economy such as manufacturing, construction, trade and finance.
Growth in Gauteng is likely to trigger national growth, given the weight that this province exerts on the entire South African economy.
However, as we are all aware by now, prospects for global economic recovery remain bleak. This reality is reflected in the first GDP contraction since 2009, which saw a decline of 0.6% in the first quarter of 2014. Combined with the turbulence in the mining sector and its impact on manufacturing, the fall in commodity prices and weak export demand for South African goods; this makes the prospects for export-led growth extremely limited.
It also raises an important question that cuts through the heart of our economic trajectory.
What are the prospects of realising our own development needs and resolving some of the pressing contradictions facing South African society within a development paradigm that is essentially predicated solely on the demands of the crisis-ridden markets in Europe and the US?
Our high unemployment rate, high prices of essential goods, high indebtedness and low average wages at R3 500 all worsen our situation by limiting domestic demand extremely.
Radical Economic Transformation
Honourable Speaker, the victories of our 1994 democratic breakthrough are self-evident. We have made significant inroads in changing the lives of millions of South Africans, especially the majority.
Gauteng has the highest average household income in the country at R156 000 per annum.
Twenty years after democracy we have well over 5.4 million African people in the middle class category, which is an increase by 3.1 million since 1993.
This advancement has changed the economic reality of many people, with a significant number of African households experiencing growth in their annual disposable income.
The democratic state has increased the proportion of households with access to flush toilets in the province to 86.5% in 2011.
Today well over 81% of households in the province have access to electricity.
The proportion of people aged 20 and older with higher education in Gauteng almost doubled from 9.9% in 1996, to 17.7% in 2011.
Only 3.7% of the Gauteng population aged 20 and above has no education, compared to nearly 10% in 1996.
These gains notwithstanding, the morbid residual effects of centuries of colonialism and dispossession persist.
Twenty years after democracy, the face of poverty and deprivation is still black. It is the black majority that continues to pay the huge price of apartheid’s philosophy of separate development.
The legacy of spatial inequality created by apartheid is a major economic cost, which is borne disproportionately by the poor who spend a significant amount of their income on transport and considerable time commuting to the economic centres for economic purposes.
Income inequality between black and white persists with white-headed households taking the lion’s share of national income, earning R365 134 per annum. This is six times the amount earned by African-headed households.
A matter that has recently been brought into sharp focus is the widening gap between workers and company executives – with our CEOs paid according to the first world standards whilst workers are paid Third World wages.
CEOs in our country are amongst the highest paid in the world, occupying the fifth spot on the global pay list of CEO’s and trailing slightly behind the US, Hong Kong, Germany and the United Kingdom.
Although there are thousands of separate companies operating in South Africa, the actual ownership and control of the economy resides in the hands of a few monopolies.
A handful of interconnected conglomerates dominate sectors like manufacturing, wholesale and retail, construction, transport etc.
Honourable members, the transformation of the economy is the fundamental task that faces this fifth ANC-led administration.
The structural challenges facing our economy require urgent and targeted interventions that not only gloss over the vast inequality, poverty and unemployment that currently exists but interventions that constitute a decisive break with the entire edifice of apartheid and its founding logic of separate and unequal development.
These structural challenges, which continue to feed societal division and breed feelings of injustice in the hearts of many South Africans, will not be overcome by an “invisible hand” of the market but by a democratic developmental state, capable of intervening effectively to transform economic relations in our society.
Indeed, the Premier in the State of the Province Address has set the parameters for radical economic transformation, industrialisation and the modernisation of Gauteng in the next five years. This three-pronged mission means that we cannot simply carry on with our business as usual. The electoral mandate of this fifth ANC-led administration is unambiguous about the urgent need to transform the economy.
Over the next five years we intend to champion the creation of decent work, and the transformation of structures of production and ownership for the promotion of inclusive economic growth and equity. The economic inclusion and empowerment of young people, women and people with disabilities, as sectors that are significantly marginalised from mainstream economic activities, will form the cornerstone of our development trajectory.
Township Economy Revitalisation
Honourable Speaker, I wish to draw the house to the specific programmatic areas that will give practical expression to the economic objectives we have set ourselves based on the ten pillars informing our Programme of Action.
In the State of the Province Address delivered on 27 June 2014, radical economic transformation, the modernisation and re-industrialisation of the Gauteng economy, modernisation of public transport infrastructure and leading Africa’s new industrial revolution were identified as principal areas of focus for the 20014 – 2019 term of office.
Guided by the National Development Plan, the fifth ANC-led administration, has adopted a ten-pillar program of radical transformation, modernisation and re- industrialisation of Gauteng over the next five to fifteen years.
Whilst acknowledging the massive strides successive ANC-led administrations have made in transforming the socio-economic landscape and radically improving the lives of the people of this province over the past twenty years, we are convinced that nothing short of the radical measures announced in the Premier’s State of the Province Address will address the stubborn legacy of apartheid and the troika of unemployment, poverty and inequality in our province.
As guided by the NDP and Gauteng Vision 2055, we amongst others commit to expand infrastructure provision in order to facilitate economic activity, growth and job creation; reduce the cost of living for low-income and working class households; support small business through better coordination of relevant agencies, development finance institutions, and public and private incubators; expand the skills base of our economy and stimulate regional economic competitiveness as well as spatial development and economic equity.
The Programme of Action for this term of office is geared at altering the deep- seated structural challenges that continue to confront our province, especially in the economic arena.
The next five years will be defined by radical measures to encourage investment in economic and social; support for new sectors of growth such as ICT and the green economy, the revitalisation of manufacturing and localisation to spur industrialisation, transformation of the rural economic landscape and integration of smallholder farmers into the food supply chain of key and high value food commodities and the deliberate empowerment of small business and cooperatives located in our townships.
Honourable members
The imperative to mainstream the township economy by supporting the development of township enterprises, cooperatives and SMMEs will form a key focus area for the Gauteng government.
In pursuit of this objective, we will roll out Township Enterprise Hubs across Gauteng’s oldest townships.
The Winterveld Enterprise Hub, which is already recording promising levels of participation, income generation and job creation for the small enterprises in the area, will be used as a model.
We will engage in an extensive review of the Township Business Renewal funding scheme to make it more responsive to the needs and challenges faced by township entrepreneurs. This scheme will be extended to 200 township businesses.
In our endeavour to stimulate the township economy and overcome the apartheid spatial geography, we will regenerate old township industrial sites and turn these sites into vibrant and productive spaces. We will refurbish infrastructure and attract private sector investment to these sites.
We have earmarked old industrial parks in Residentia, Katlehong, Babelegi, Ekandustria and Emndeni for this intervention. These industrial parks will specialise in light manufacturing in the following sectors: automotive, furniture manufacturing, plastic, polymers and chemicals.
We will increase the participation of small and emerging businesses in these parks through incubation and supplier development programmes modelled on the Diepsloot SMME Incubation Hub.
In our quest to revitalise the township economy we have identified several economic interventions that will target women and youth in our communities, which includes waste management. Not only does the sector fulfill green development imperatives but it also makes a contribution towards social mobilisation and monetisation of waste in our communities.
Cooperatives will be established to focus on waste collection and sorting, the movement of waste, (logistics), training and in waste management business and beneficiation of waste to manufactured goods.
By design this sector is labour intensive and will result in jobs for the unskilled and semi-skilled. This intervention directly deals with income inequality and will be safety net for our working class communities. Recycling centers will be located in communities where our people reside so that young workers can convert the waste into an industrial output.
As we march towards the Summit with Township Entrepreneurs that is scheduled to take place in November 2014, the department is finalising a strategic framework to guide the provincial government on the approach towards the township economy.
This framework would be underpinned by the following principles:
- An urgent need to break the stranglehold that monopolies have on our economy - a reality that results in uncompetitive and parasitic behaviour.
- The imperative to harness the energy and initiative of township entrepreneurs and channel state resources towards the revitalisation of the township economy to generate wealth and improve the quality of life in our townships
- The drive to work with township businesses and develop these enterprises in a way that enables them to produce quality goods that can be consumed by the state and the private sector
- A commitment to fund, train, up-skill and provide economic infrastructure for township enterprises and strengthen various forms of social ownership initiatives like cooperatives and community enterprises.
- A commitment to build self-sufficient and durable enterprises in our townships that are not just intermediaries but producers in their own right.
Yesterday, the department began a month long process of engaging township entrepreneurs with a view of mobilising them to be ready for our interventions and soliciting their views on the revitalisation of the township economy. These road-shows have ignited keen interest from our communities and we hope that this is sustained over the next thirty days.
Honourable Speaker, the department has already ring-fenced an amount of R162 million for the development and revitalisation of the township economy. This amount will go towards funding productive and labour intensive economic activities in our townships. We call on the private sector to join us in this initiative by pledging resources and devising innovative ways to support township enterprises.
Partnerships and cooperation with township businesses, the private sector, organised business and the communities is essential for the success of this programme.
Interventions in the Informal Economy
Honourable members; the informal economy is a critical component of our economy as a country and province. It contributes about 28% to South Africa’s GDP or R160 billion in monetary terms. Approximately four million people are employed in the informal economy, with half of this number being located within the geographic confines of Gauteng.
The persistent challenges facing the informal traders in our towns and cities remain a serious concern. We are determined to address the plight of informal traders, many of whom are women and men who are engaged in the sector as survivalists and breadwinners. Working with municipalities and in broad consultation with the informal sector, we will soon finalise the Informal Trading Strategy for Gauteng. Moreover, we will pilot micro-financing loans and grants to informal traders in the province.
Enterprise Development and Support
Honourable Speaker, small businesses and cooperatives are an integral part of our drive to build an inclusive economy and undermine the massive concentration and centralization of the economy in the hands of a few conglomerates. Under the cloak of radical economic transformation, we will make interventions and create opportunities for small businesses and cooperatives to form part of the producer value chains. We will also use our procurement spend and direct funding through the Gauteng Enterprise Propeller, to pave the way for these businesses to capture certain markets, get reliable access to inputs and support through technological innovation.
We must also intervene in creating new enterprises that are geared towards the provision of basic goods in areas like transport and infrastructure provision, the construction of clinics, hospitals and schools and the provision of food consumed in schools, hospitals, prisons etc. This is critical for democratising the ownership and control of the economy, creating jobs and redistributing wealth.
A total of R2,4 million will be allocated to the incubation of 280 cooperatives and small businesses. An additional R6 million is earmarked for the support and management of the light manufacturing enterprise hub in Mohlakeng in the West Rand. A total of R3,85 million will be allocated to the development of ten emerging tooling, dye and moulding businesses. For the 2014/15 financial year, the Youth Entrepreneurship Program which is geared at increasing the number of youth start-up businesses will support 1 000 youth businesses to the tune of R7 million.
Sector Intervention and Support
A competitive automotive sector is important for our vision to position Gauteng as a leading automotive investment destination through the creation of the biggest Automotive City in the Southern Hemisphere and to transform Rosslyn into a world-class automotive hub.
We will continue to provide support and assistance to the sector through investment facilitation, skills development and training, incubation programmes and supply-chain development.
During this financial year, we have allocated R11 million to finalise the construction of the phase 1 of the Mini Factory 10 at the Automotive Supplier Park and secure tenants for occupation. We will also commence work on Mini Factory 11 and complete the building of the top structure.
Moving forward, we will intensify our efforts to strengthen our partnerships and expand the scope of work that various automotive companies are doing in supporting black owned businesses through incubation, technical production training and most importantly, giving them a foothold in the supplier and retail markets.
To this end, a total of six B-BBEE enterprises will benefit from the Ford Incubation Programme whilst ten incubation companies will be recruited to form part of the Nissan Incubation Centre. Moreover, a total of twenty companies will be taken through the efficiency and competitiveness program.
The Winterveld Automotive Hub, which is already recording promising levels of participation, income generation and job creation for the small enterprises in the area, will continue to receive our dedicated support. A total of R5 million has been allocated for its operations, with the aim of mentoring and providing offsite incubation and onsite support to 60 auto-body vehicle repairers.
A total of 900 people will receive training at the Gauteng Automotive Learning Centre, which is housed at the Nissan factory in Rosslyn while 200 people will receive training to use the Ford T6 simulator in Silverton.
Business Attraction and Retention
During the 2014/15 financial year, the department will develop a new Trade and Investment Strategy for Gauteng. This strategy will give expression to our radical economic transformation agenda and place emphasis on the need to strengthen trade relations with our counterparts on the continent.
Honourable Speaker, we have the responsibility to create conducive conditions for increased intra-Africa trade, increase our exports to the continent, and encourage the faster movement of goods and services within the continent and the expansion of manufacturing companies especially those operating in the Southern African Development Community (SADC) region. We will also lead the Province in developing a coordinated international campaign to market Gauteng as a preferred business and tourism destination.
The GGDA will expend energies on attracting ten foreign direct investments (FDIs) and domestic direct investments (DDIs) to the value of R110 million. As part of the business retention and expansion strategy, the GGDA will assist a hundred (100) enterprises through its export readiness programme.
The agency will also coordinate access to incentives for investors in the province and provide the necessary support for businesses to strike new trade deals in target markets. A total of 35 companies will be assisted to secure various investment incentives provided by the dti. We will also provide expansion support to 5 companies whilst facilitating trade deals in booming markets for 18 companies.
Honourable members, our business retention and expansion approach will be highly dependent on the good relations and mutual trust between the private sector and the provincial government. The department will strengthen this understanding by conducting regular surveys measuring private sector perceptions about the cost and ease of doing business in Gauteng.
The recently completed Cost of Doing Business in Gauteng Survey will soon be released for broader consultation with the private sector in the province. In addition, the department will facilitate the establishment of the Gauteng Business Forum, a body that will be a single and channelled voice for organised business in Gauteng.
We will also facilitate continuous discussions between the top 50 businesses in Gauteng with the Executive Council led by the Premier in order to ensure that we assist each other in our quest to create decent jobs and grow an inclusive economy.
In order to ensure that our interventions in the economy respond to the real issues affecting our people we will be calling on experts in various fields and sectors of the economy to participate in the Advisory Council on the Economy. The announcement of the members who will form part of the Council will be made by the Premier once all the administrative and legislative requirements have been satisfied.
Honourable members, the automation of the systems at the Gauteng Investment Centre (GIC) will positively enhance the experience of doing business in the province. The GIC is an invaluable resource for investors in the province as it provides detailed and updated economic, legislative and land-use data for all the five regions of the province.
Honourable members
The development of strategic infrastructure and the delivery of social infrastructure will be closely linked to imperative to re-industrialise the Gauteng economy. The reindustrialisation of our economy and the creation of jobs in labour intensive industries will take place through massive roll-out of the public transport infrastructure across the province through the local manufacturing and assembling of buses, trains and locomotives, sourcing 75% of goods and services from South African producers and close cooperation with our state owned enterprises.
Gauteng is now well positioned to take advantage of the national incentives and grants to attract new investments and businesses. The Gauteng ICT Park located in Nasrec has been endorsed by the Department of Trade and Industry as a Special Economic Zone. The incentives provided will attract new businesses and result the creation of new jobs. Investors in the OR Tambo IDZ will also benefit from job creation grants, skills development and tax incentives, export incentives, industrialisation and equipment grants.
An Innovative and Knowledge Based Economy
Honourable members, we must champion the modernisation of the Gauteng economy and encourage the growth and development of new economic sectors that have the potential to address the twin policy imperatives of creating decent employment and greater economic inclusion. The eleven identified sectors are: finance, automotive industry, manufacturing, ICT, tourism, pharmaceuticals, creative industries, construction, real estate, mineral beneficiation and agro-processing. We will explore measures to maintain and sharpen the competitive edge of Gauteng’s economy and allocate more resources for research into these sectors.
The incubator programme is an integral part of our entrepreneurship support and development strategy in the knowledge-intensive sector. The project focuses on early stage and start-up SMMEs and provides an enabling environment where start-up companies in the ICT, biosciences, electronics, advanced materials and manufacturing sectors acquire global competitiveness. This programme will have an intake of 200 entrepreneurs for the 2014/15 financial year.
The Coachlab programme, which is aimed at fast tracking the development of world-class resources for the local high-tech sector by preparing ICT post-graduates to enter the job market, will train a total of 90 post graduate students for the 2014/15 financial year. In addition, a total of 26 and 16 companies will be taken through the pre-incubation and incubation programmes respectively.
The completion of the Biosciences Park at The Innovation Hub will give impetus to our determination to develop and support new and knowledge intensive sectors of the economy. This facility will focus on the development of infrastructure to support the commercialisation of bio-economy initiatives in the health, bio manufacturing and agriculture sectors. With the help of the DTI, a total of R10, 9 million has been allocated to the completion and occupation of this park.
Honourable members
Tourism is one of the sectors we have earmarked for the creation of decent jobs and fostering greater economic inclusivity. The sector continues to grow above world average, making it an important contributor to the national economy.
The focus for this financial year will be on increasing market access for emerging and township enterprises, increasing visitorship, strengthening and expanding tourism infrastructure and making Maropeng a preferred destination. The department will also investigate the creation of a “theme park” focusing on South African natural and cultural history.
We will continue to leverage on Gauteng’s reputation as a preferred business destination to optimise visitor spend. To this end, the Gauteng Tourism Authority will lead our efforts to host major business, sporting and other signature events. A total of R20 million has been allocated to host 40 international meetings, conferences and exhibitions.
The Maropeng infrastructure upgrade and the construction of a virtual laboratory which is allocated R10 million, will go a long way in generating repeat visits and maintain the interest of the global science community in this world heritage site.
The completion of the roll out of Visitor Information Centres will receive our dedicated attention during this financial year. The Visitor Information Centres at OR Tambo International Airport provide personalized visitor information service to encourage consumption of tourism experiences in the Gauteng and optimize visitor spend.
Improving the Capacity of the State
We will strengthen the capacity of the state by filling critical vacant positions so that the Department can achieve its strategic objectives. In this regard we have already filled three Deputy Director-General positions and will by the end of September 2014 fill the vacant position of the Head of Department. The department will also invest more resources on market intelligence so that we better understand the market dynamics.
We will also develop shareholder compacts with all our Agencies in order to ensure effective oversight thus helping our agencies to realise their mandate as contained in the business plans.
We have established a structured strategic engagement with municipalities through the Inter-Governmental Relations Forum to improve coordination, address issues of spatial configuration, land access and pricing, competitive and comparative advantage.
The success of our township economy revitalization interventions is dependent on our collaboration with municipalities. Implicitly we want to use these engagements to correct market failures, which are related to investment priorities, economic co-ordination and robustly engagement with the private sector.
Budget allocation
The total budget allocation for the current financial year is R1 072 661 000 (R1 072.6bn) in order to realize the department’s objectives of creating decent jobs, skills development, SMME development, trade and investment facilitation and tourism attraction for the Province.
Allocations per programme
Programme 1: Administration
This programme provides strategic leadership, support and transversal business solutions to enable the MEC, HOD and the DED Group to effectively and efficiently deliver on its mandate.
This programme receives an allocation amounting to R171 379 000 (R171.3m) for the current financial year.
Programme 1: Administration (R’000)
Office of the MEC
2013/14 - 11 635
2014/15 - 16 167
2015/16 - 18 561
2016/17 - 19 545
Office of the HOD
2013/14 - 12 001
2014/15 - 21 794
2015/16 - 23 054
2016/17 - 24 276
Financial Management
2013/14 - 20 654
2014/15 - 22 422
2015/16 - 26 850
2016/17 - 28 318
Corporate Services
2013/14 - 87 365
2014/15 - 110 966
2015/16 - 110 966
2016/17 - 104 959
Total payments
2013/14 - 131 655
2014/15 - 171 379
2015/16 - 171 940
2016/17 - 177 098
Programme 2: Integrated Economic Development Services
The programme aims to facilitate equitable regional and local economic development and to promote and support business enterprises in priority sectors; guided by spatially referenced integrated economic and development planning, thereby contributing to the development of Gauteng into a competitive global city-region.
This programme receives an allocation of R268 135 000 in the current financial year.
Integrated Economic Development Services (R’000)
Programme 2: Integrated Economic Development Services
Enterprise Development
2013/14 - 133 002
2014/15 - 139 485
2015/16 - 145 311
2016/17 - 157 508
Regional and Local Economic Development
2013/14 - 3 087
2014/15 - 14 503
2015/16 - 20 526
2016/17 - 20 924
Economic Development
2013/14 - 100 998
2014/15 - 114 147
2015/16 - 102 558
2016/17 - 109 632
Total payments and estimates
2013/14 - 277 087
2014/15 - 268 135
2015/16 - 268 495
2016/17 - 288 364
Programme 3: Trade and Sector Development
The programme aims to facilitate the implementation of strategic programmes that will stimulate and enhance the brand, competitiveness and social transformation of Gauteng, enhance trade and export promotion and the attraction of investment; and result in the creation of decent jobs; increased tourism, and a greener economy.
The program is allocated an amount of R510 665 000 for the current financial year.
Trade and Sector Development (R’000)
Trade and Investment Promotion
2013/14 - 59 999
2014/15 - 57 007
2015/16 - 34 857
2016/17 - 36 705
Sector Development
2013/14 - 150 868
2014/15 - 160 889
2015/16 - 214 245
2016/17 - 225 509
Strategic Initiatives
2013/14 - 302 320
2014/15 - 292 769
2015/16 - 316 959
2016/17 - 333 758
Total Payments and estimates
2013/14 - 513 187
2014/15 - 510 665
2015/16 - 566 061
2016/17 - 596 063
Programme 4: Business Regulation and Governance
The purpose of the programme is to implement and promote measures that ensure the rights and interests of consumers; to promote and maintain governance, regulation and compliance in and by the gambling and liquor industries; and to monitor and evaluate the impact of B-BBEE strategies in Gauteng.
An amount of R81 692 000 (R81.6 million) is allocated to this programme in the current financial year.
Business Regulation and Governance (R’000)
Governance
2013/14 - 8 356
2014/15 - 12 549
2015/16 - 10 675
2016/17 - 11 241
Regulation Services
2013/14 - 2 498
2014/15 - 8 603
2015/16 - 9 226
2016/17 - 9 715
Consumer Protection
2013/14 - 19 825
2014/15 - 30 288
2015/16 - 32 968
2016/17 - 34 397
Liquor Regulation
2013/14 -28 781
2014/15 - 30 255
2015/16 - 31 438
2016/17 - 33 104
Total payments and estimates
2013/14 - 59 460
2014/15 - 81 692
2015/16 - 84 307
2016/17 - 88 458
Programme 5: Economic Planning
The programme aims to provide thought leadership in economic planning, which results in an integrated economic development agenda that ensures the creation of decent jobs, and a sustainable, inclusive economy in Gauteng.
An amount of R40 790 000 (R40.7 million) is allocated to this programme in the current financial year.
Economic Planning (R’000)
Policy and Planning
2013/14 -7 060
2014/15 - 10 877
2015/16 - 12 089
2016/17 - 12 730
Research and Development
2013/14 - 8 316
2014/15 - 10 203
2015/16 - 11 546
2016/17 - 12 158
Knowledge Management
2013/14 - 1 969
2014/15 - 10 913
2015/16 - 11 627
2016/17 - 17 233
Monitoring and Evaluation
2013/14 - 4 261
2014/15 - 8 791
2015/16 - 9 839
2016/17 - 10 360
Total payments and estimates
2013/14 - 21 606
2014/15 - 40 790
2015/16 - 45 096
2016/17 - 47 447
Transfers to Public Entities (R’000)
Gauteng Enterprise Propeller
2013/14 - 128 447
2014/15 -129 291
2015/16 - 125 838
2016/17 - 132 507
Gauteng Economic Development Agency
2013/14 - 55 785
2014/15 - 55 703
2015/16 - 30 474
2016/17 - 32 089
Gauteng Tourism Agency
2013/14 - 62 016
2014/15 - 65 427
2015/16 - 60 298
2016/17 - 63 494
Blue IQ Investment Holdings
2013/14 - 302 320
2014/15 - 283 365
2015/16 - 307 559
2016/17 - 323 860
Total
2013/14 - 548 568
2014/15 - 533 790
2015/16 - 524 169
2016/17 - 551 950
Acknowledgements
Honourable Speaker; let me take this opportunity to thank the Premier of our Province for his guidance and stewardship as we were preparing for this day. Let me also thanks Members of the Executive Council for their advise and support. I also want to thank the Executive Management Team of the Department including that of our Agencies and the Boards of our Agencies for commitment towards radical economic transformation.
Conclusion
As I conclude let me indicate that defenders of the status quo might argue that what we seek to do will unleash chaos and havoc in our society.
They may posit, as they have done on countless occasions, that our intentions to implement a programme for radical economic transformation will lead the country down the path of destruction.
But we have to ask this question: what use is the mineral wealth beneath the soil and the fertile land if these cannot be used to improve the lot of our people?
I am quite comfortable Honourable Speaker, to proclaim that Nadine Gordimer was correct in saying that our society is still living in that uncertain moment that she called the morning after.
She was also correct in her assertion that the long lasting legacy of colonialism and conquest would take more than just two decades to reverse and obliterate.
It is clear that we cannot exist in this time-period of uncertainty – in the morning after - forever. If the party must continue – it must be on the basis of the poor and the downtrodden fully participating and enjoying the festivities.
We can no longer allow a situation where the carnival is monopolised by handful of wealthy men and women; while only misery and marginalisation befalls the majority of our people.
Indeed the case for radical economic transformation is a compelling one and one that can no longer be postponed. The time for radical economic transformation is now!
Thank you.
