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24 April 2013 Director-General Lionel October PowerPoint Presentation
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24 April 2013 Director-General Lionel October

24 April 2013 Director-General Lionel October

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24 April 2013 Director-General Lionel October

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Presentation Transcript

  1. Presentation to the Portfolio Committee on Trade and Industry – the dti’s 2012/13 Third Quarter Report 24 April 2013 Director-General Lionel October 1

  2. Presentation Outline Strategic Goals Preliminary Key Achievements as at 31 March 2013 Departmental Expenditure versus Budget Key Challenges 2

  3. Strategic Goals • Facilitate transformation of the economy to promote industrial development, investment, competitiveness and employment creation • Build mutually beneficial regional and global relations to advance South Africa’s trade, industrial policy and economic development objectives • Facilitate broad-based economic participation through targeted interventions to achieve more inclusive growth • Create a fair regulatory environment that enables investment, trade and enterprise development in an equitable and socially responsible manner • Promote a professional, ethical, dynamic, competitive and customer-focused working environment that ensures effective and efficient service delivery

  4. Key Achievements for Quarter 3 (1 April – 31 Dec) including Quarter 4 as at 31March (unaudited) 4

  5. Key Achievements Industrial Development 5

  6. Key Achievements Industrial Development 6

  7. Trade, Investment and Exports

  8. Trade, Investment and Exports

  9. Trade, Investment and Exports

  10. Broadening Participation

  11. Broadening Participation

  12. Broadening Participation

  13. Regulation

  14. Administration

  15. Administration

  16. Departmental expenditure versus budget as at 31 December 2012

  17. Summary of Projections vs Expenditure as at 31 December 2012

  18. Expenditure per economic classification as at 31 December 2012 NB: The expenditure based on the YTD projection of R6, 5 billion is 96.4% or R6,2 billion, implying an under-spending of R231 million (3.6%).

  19. Reasons for material expenditure variance as at 31 December 2012

  20. Reasons for material expenditure variance as at 31 December 2012 (cont)

  21. Reasons for material expenditure variance as at 31 December 2012 (cont)

  22. Departmental expenditure versus budget 1 April 2012 to 31 March 2013

  23. Summary of Projections vs Expenditure as at 31 March 2013

  24. Expenditure per economic classification as at 31 March 2013

  25. Overview of expenditure for the 2012/13 financial year • the dti’s annual expenditure for the 2012/13 financial year is 98.2% or R8,201 billion of the total adjusted budget of R8,351 billion. • The provisional under-spending is R150 million (1.8%) before taking the following into consideration: • Interdepartmental claims from the Department of International Relations and Cooperation (DIRCO) are still to be journalised to the relevant objectives • R120 million General Export Incentives Scheme (GEIS) debts to be written off • A roll-over request for the Integrated Electronic Management System (IEMS) will be submitted to National Treasury (R 17 m)

  26. Interventions to address AG Audit Findings

  27. Interventions to address AG Audit Findings

  28. Interventions to address AG Audit Findings

  29. Interventions to address AG Audit Findings

  30. Key Challenges • The economic slowdown in traditional markets limits export growth; • Managing expenditure incurred by other government institutions who procure goods and services on behalf of the dti. • Managing external risks. • Rolling-out the dti programmes and services to the second economy. • Continuous oversight on public entities

  31. Thank You 33