Promote economic development policy formulation and planning for the benefit
of all South Africans.
The Economic Development Department was established in 2009 and has assumed
responsibilities relating to the creation of decent employment through
inclusive growth, including the implementation of the national development
plan, the new growth path and the national infrastructure plan as captured in
outcomes 4, 6 and 7 of government’s 2014-2019 medium term strategic framework.
The department is also responsible for five public entities, comprising three
regulatory bodies and two development finance institutions. These are: the
Competition Commission, the Competition Tribunal, the Industrial Development
Corporation, the International Trade Administration Commission of South Africa
and the Small Enterprise Finance Agency.
In line with these responsibilities, the department’s mandate includes
administration of the following legislation:
the Industrial Development Corporation Act (1940)
the Competition Act (1998)
the International Trade Administration Act (2002)
the Infrastructure Development Act (2014).
The Estimates of National Expenditure (ENE) sets out the detailed spending plans of each government department for the coming year.
National Treasury, departments and commitees are busy with different things depending on the time of year:
Interested in finding out how the South African budget process works? Learn about the budget process, how it relates to our constitution and the role that it plays in a modern d...
The South African Constitution has several provisions that support people’s participation in areas of democratic governance. One such area of participation is in the allocation ...