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RED TAPE REDUCTION WORKSHOP 26 MARCH 2014 REGENT HOTEL NOPINKIE BENTSILE

the dti Incentives. RED TAPE REDUCTION WORKSHOP 26 MARCH 2014 REGENT HOTEL NOPINKIE BENTSILE. Vision.

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RED TAPE REDUCTION WORKSHOP 26 MARCH 2014 REGENT HOTEL NOPINKIE BENTSILE

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  1. the dti Incentives RED TAPE REDUCTION WORKSHOP 26 MARCH 2014 REGENT HOTEL NOPINKIE BENTSILE
  2. Vision “A dynamic industrial, globally competitive South African economy, characterised by inclusive growth and development, decent employment and equity, built on the full potential of all citizens”.
  3. Mission the dti’s revised Mission is to: Promote structural transformation towards a dynamic industrial and globally competitive economy. Provide a predictable, competitive, equitable and socially responsible environment for investment, trade and enterprise development. Broaden participation in the economy to strengthen economic development. Continually improve the skills and capabilities of the dti to effectively deliver on its mandate and respond to the needs of South Africa’s economic citizens. 3
  4. Strategic Goals Facilitatetransformation 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
  5. the dti Clusters The work of the dti is organised in terms of the following clusters:- Industrial Development– development of policies & strategies that promote sector competitiveness, growth, job creation & efficient administration of support measures Trade, Investment and Exports - strengthening trade & investment links with key economies; & fostering African development, including through regional and continental integration & development co-operation in line with the New Partnership for African’s Development (NEPAD) Broadening Participation- developing interventions & strategies that promote enterprise growth, empowerment & equity Regulation- development & implementation of coherent, predictable & transparent regulatory solutions that facilitate easy access to redress and efficient regulatory services for economic citizens. Administration and Co-ordination- effective co-ordination of departmental programmes and provision of necessary support for efficient implementation. 5
  6. INCENTIVE SCHEMES
  7. MANUFACTURING CLUSTER
  8. MANUFACTURING CLUSTER
  9. Key Achievements for AIS 2012/2013 AIS component manufacturers performance per province
  10. Key Achievements for AIS 2012/2013 AIS Original Equipment Manufacturers performance per province
  11. 12I Provincial approvals 2011/12 and 2012/13 Key Achievements for MIP 2012/2013 Gauteng: 2012/13: 4 enterprises (R769 million tax; R17.2m training allowances; R1.6m investment) 2011/12: 5 enterprises (R1.4 billion tax ; R32m training allowances; R4.3b investment) Western Cape: 2012/13: 1 enterprise (R121 million tax; R2.5m training allowances; R220m investment) 2011/12: 1 enterprise (R67 million tax; R1.2m training allowances; R147m investment) Eastern Cape: 2012/13: 2 enterprises (R1.1 billion tax; R15.2m training allowances; R3.4b investment) 2011/12: 2enterprises (R1.45 billion tax; R8.8m training allowances; R3.9b investment) North West: 2012/13: 1 enterprise (R550 million tax; R7.2m training allowances; R2.7b investment) 2011/12: No approvals Mpumalanga: 2012/13: No approvals 2011/12: 2 enterprises (R789.7 million tax; R4.7m training allowances; R3.1b investment) TOTALS: 2012/13: 12 (R3.3 billion tax; R50m training allowances; R10.2b investment) 2011/12: 14 (R4.8 billion tax; R61m training allowances); R22.4 billion investment Limpopo: 2012/13: No approvals 2011/12: 1 enterprises (R441 million tax; R6.5m training allowances; R1.4b investment) KwaZulu-Natal 2012/13: 3 enterprises (R342 million tax; R6.6m training allowances; R943.8 investment 2011/12: 1 enterprise (R57.7 tax; R216 000 training allowances; R105m investment) Free State: 2012/13: 1 enterprise (R429 million tax; R1.3m training allowances); R1.2b investment 2011/12: 2 enterprises (R582.7 million tax; R7.3m training allowances; R9.5b investment)
  12. COMPETITIVENESS CLUSTER
  13. KEY ACHIEVEMENTS FOR MCEP 2012/2013 MCEPPROVINCIAL SPREAD Largest MCEP beneficiaries are enterprises based in GP, WC, KZN & EC Through the dti satellite offices & partnerships, there are targeted marketing campaigns in other provinces which resulted in notable increases.
  14. KEY ACHIEVEMENTS FOR EMIA 2012/2013 EMIAPROVINCIAL SPREAD (Values in R’000s) 2011/12 2012/13 Gauteng, KZN and WC had highest approvals, but increases in approvals from 2011/12 noted for Limpopo, Mpumalanga, EC and NW
  15. EMIA SSAS CAPITAL PROJECTS FEASIBILITY STUDY From 2008/09 to 2012/13 , CFPF supported a total of 31 feasibility studies to a total value of R111 million 2012/13 R39.5 m value of approved feasibility studies R25 million paid out in actual claims to 9 engineering services companies firms approved to conduct f 2011/12 R25 m value of approved feasibility studies R15 million paid out in actual claims to 8 engineering services companies sibilistudieorpotential projects R39.5 m value of approved feasibility studies R25 million paid out in actual claims to engineering services companies 2012/2013 425 Enterprises R31 Million paid out 2011/2012 434 Enterprises R24 Million paid out
  16. SERVICES CLUSTER
  17. SERVICES INCENTIVES BPS FILM & TV PRODUCTION 70 Productions approved R386 Million committed 12 Projects approved R41 Million committed R1.2 Billion projected investment 3936 jobs created
  18. BROADENING CLUSTER
  19. Key Achievements for BBSDP 2012/2013 BBSDPapprovals per province Gauteng had the largest number and value of approvals
  20. Key Achievements for CIS 2012/2013 CIS approvals per province Eastern Cape had the highest number and value of approvals
  21. Key Achievements for ISP 2012/2013 ISP approvals per province Gauteng: 5 incubators R41 262 895 Eastern Cape: 4 incubators R64 312 275 Western Cape: 4 incubators R36 803 911 Free State: 1 incubator R26 252 722
  22. INFRASTRUCTURE CLUSTER
  23. CIP KEY ACHIEVEMENTS 2011/2012 06approved CIP applications 2012/2013 Leveraged investment R9.8 billion 06 approve CIP applications 4941 projected jobs
  24. CONTACT DETAILS Website: www.thedti.gov.za Government incentives website: www.investmentincentives.co.za
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