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Department of Public Enterprises Presentation to the Joint Budget Committee 31 October 2006

Department of Public Enterprises Presentation to the Joint Budget Committee 31 October 2006. M andate of the department. The DPE has the following mandate:

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Department of Public Enterprises Presentation to the Joint Budget Committee 31 October 2006

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  1. Department of Public EnterprisesPresentation to the Joint Budget Committee31 October 2006

  2. Mandate of the department The DPE has the following mandate: • To coordinate with policy and regulatory Departments and Ministries and to provide strategic direction to and oversight of the SOE reporting to the Department.

  3. Vision of the department • Facilitate economic growth through locating SOE in an optimal industry structure and ensuring the efficiency of their operations and the economic effectiveness of their investment Programmes • Play a leadership role within the economy in the areas of corporate governance implementation • Catalyse sector and regional economic development opportunities.

  4. Adjustment Appropriation Bill Specific adjustment allocations are: • Infraco R627 million • PBMR R624.4 million • Alexkor R 81.9 million • Denel – R847 million Self financing amounts (VAT) as included above are: • PBMR R162.4 million • Alexkor R1.9 million • Denel R280 million

  5. Strategic intent To enable rapid increase in broad-band availability, thereby resulting in Increased ICT penetration Enhanced productivity A competitive dynamic supply of broadband bandwidth The capital allocation will be used to: Boost SA’s capacity for broadcasting the 2010 World Cup and managing large scale science projects such as SKA Implement key projects such as: Full Service Network for National Long Distance Connectivity. Upgraded to a 10 Gbit/s DWDM (Dense Wavelength Division Multiplexing) platform Establishment of International Connectivity Infraco planned projects – next 3 years

  6. PBMR planned projects – next 3 years Strategic intent • Develop cutting edge nuclear technology in the context of global increases in the price of oil and demands for cleaner energy • Position the economy to participate in the fast growing global market for nuclear technology The capital allocation will be used for: • Construction of Pilot Fuel Plant (PFP) and Demonstration Power Plant (DPP) • Environmental Impact Assessment (EIA) process • NNR Licensing • Start-date Construction of Fuel Plant late 2007 • Start-date Construction of Power Plant early 2008

  7. Alexkor planned projects – next 3 years Strategic intent • To improve the performance of the enterprise The capital allocation will be used to: • Towards the settlement of the land claim • Separation of ABM from ABT • Recapitalisation • Implementation of Alexkor’s business strategy

  8. Denel planned projects – next 3 years Strategic intent • Position Denel and defence related industries as strategic contributors to value added manufacturing and job creation The capital allocation will be used to: • Implement Denel’s business strategy • Support strategy for aerostructures, optronics and land systems

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