Presentation on theme: "Quarter 4 Performance Report 2012/13"— Presentation transcript:
1Quarter 4 Performance Report 2012/13 Presentation to the Portfolio Committee on Economic Development11 June 2013
2IntroductionThe Annual Performance Plan of the EDD reflects its strategic outcome-orientated goal of creating decent work and inclusive growth opportunities:by integrating its work around other outcomes (particularly on infrastructure)to ensure participatory, coherent and coordinated economic policy, planning and dialogue for the benefit for all South Africans.EDD has performed well against the predetermined fourth quarterly targets of the 2012/13 APP. The overall quarterly performance is summarised in the next slide.
4Quarter 4 Report – will be discussed in the following format: Programme 1 Performance Report Programme 1 Expenditure Report Programme 2 Performance Report Programme 2 Expenditure Report Programme 3 Performance Report Programme 3 Expenditure Report Programme 4 Performance Report Programme 4 Expenditure Report
5+4 Programme 1 Strategic Objective Performance indicator Target (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationProvide strategic support and administrative services to the MinistryAchievedProvide strategic support and administrative services to the Director GeneralNumber of management meetings16411+7More strategic meetings held to improve governance, review quarterly reports, performance information evidence files, and signing of accords.Provide operational and administrative support to EDDAudit reports submitted61+5Number of new staff employed by EDD (net)138+4Need for staff exceeded the planned new staff target Total staff employed142Total Staff 139-3The funded post establishment was 142 for the financial year, so following the appointments and terminations, there were still three funded vacancies as the Department had three staff appointed in addition to the establishment, due to unavailability of posts at the required levels. Of the appointments made, eight staff members assumed duties during April 2013.Projected expenditure (R thousand)Initial budgetR672 732Adjusted Budget R696518RR-R25 975Expenditure was exceeded because of additional new projects.Align per project and GFS.
6Performance indicator Target (2012/13) Target Q4 Actual PROGRAMME 2: ECONOMIC POLICY DEVELOPMENTStrategic ObjectivePerformance indicatorTarget (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationCo-ordinate and monitor the implementation of the New Growth PathRegular survey of public sector (with DPME)2-1+1A survey was conducted on employment in construction activities financed by the stateImpact of state actions on employment assessed through modelingAdditional work done on the impact of trade with Africa on employment (including a modeling exercise)RIA process reviewed to ensure alignment with NGPWorkshops held on assessing employment impact of the state+2A training workshop was held with Gauteng Provincial government on 12 February 2013 highlighting the impact of all government departments, provinces and agencies on employment. A similar workshop was held in the Western Cape, which also discussed the Socio-Economic Impact Assessment System Guidelines
7Performance indicator Target (2012/13) Target Q4 Actual Programme 2Strategic ObjectivePerformance indicatorTarget (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationSA Development Index approved and then monitored1-+1A pilot SA Development Index was approved and is now monitored in its test phase.Outcome 4 outcomes reviewed regularly4Annual in-depth analysis of trends in employment, inequality and growthProvided a detailed presentation to the Cabinet Lekgotla to evaluate progress on NGP targets with key action plans to improve outcomes achievement.EDD Conference held with high-level inputs This conference was held in Q1Develop and implement inclusive growth strategiesSector methodologies developed and applied2Competition Act amended and regularly reviewed The competition Amendment Act was reviewed, so that S6 be brought into effect.Other policy interventions identified and appropriate amendments proposed3+2 Additional interventions were required by the Ministry based on developments in infrastructure, industrial development and industrial relations.Policy platforms
8Performance indicator Target (2012/13) Target Q4 Actual Strategic ObjectivePerformance indicatorTarget (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationPolicy advice to support ClusterImpact of BBBEE on NGP targets analysed and modifications proposed as required1-+1In addition to planned research, a submission was made to the Minister on the amendments to the BBBEE CodesPlatforms on BBBEE and NGP2There were opportunities to advance the EDD goals with additional platforms held within budget.Ensure regular engagement on policy issuesGender strategy adopted and reviewedYouth employment strategy adopted and reviewedStrategy on micro enterprises, livelihoods and the social economy adopted and reviewedEconomic Development Institute established Two high level sessions were held in the 2nd and 3rd Quarters towards the establishment of the Institute
9PROGRAMME 3: ECONOMIC PLANNING AND COORDINATION Strategic Objective Performance indicatorTarget (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationDevelop and or review Infrastructure, Sector, Spatial and National Economic PlansNumber of engagements with provincial and local govt823+1Demand exceeded planned target.Number of sector and or infrastructure plans produced or reviewed per year1An implementation plan framework was developed for distressed mining communities (driven by EDD in conjunction with Presidency)Number of spatial and or infrastructure plans produced or reviewed per year7Promote Investment for Economic DevelopmentNumber of strategic engagements with DFIs6The launch of sefa required additional engagements with DFIs.Promote Competitiveness and Trade for Decent WorkNumber of strategic engagements with ERBsNumber of engagement forums to foster alignment of SOEs and PICC’s investment decisions with that of the stateThe pace of PICC work required additional engagements with public entities.
10PROGRAMME 3: ECONOMIC PLANNING AND COORDINATION Strategic Objective Performance indicatorTarget (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationLeverage financing and procurement processes (Rm/ number of intervention)Value of special financing facilitated for small businesses, targeted growth sectors and companies in distress [R billion]R5bnR1.25bnR4.49bn+R3.24bnThe IDC expanded its lending and funding based on additional investment-ready projects in its pipeline.Sefa improved on the historical lending levels of its predecessors.Number of interventions promoting economic development through leveraging state expenditure and procurement102Grow the Green EconomyNumber of reports on the implementation of the Green Economy Strategy1Number of interventions to grow the green economy34+1The growing commitment to the green economy enabled EDD to exceed this target
11PROGRAMME 4: ECONOMIC DEVELOPMENT AND DIALOGUE Strategic Objective Performance indicatorTarget (2012/13)TargetQ4ActualDeviation from Planned to Actual Q4 Target 2012/13Comment on deviationNational Social Dialogue and Strategic FrameworksNumber of social dialogue and capacity building engagements held1036+3Success with the Accords increased the demand for capacity building.Sectoral and Workplace DialogueNumber of economic development agreements (sectoral, workplace and national) facilitated with social partners per year2-1+1More agreements were signed due to progress on the implementation of the Local procurement AccordNumber of interventions to save or create new jobs4Opportunities to save jobs exceeded the original target.Number of reports on the implementation of the framework agreements and social pactsCapacity Building for Economic DevelopmentNumber of Economic Advisory Panel meetings A Ministerial Economic Advisory Panel meeting was held in Q1Number of knowledge networksNumber of capacity building engagements (for organised labour and other social partners)Demand for capacity-building exceeded the original target.Productivity, Entrepreneurship and InnovationNational/sectoral engagements on productivity4 value chain competitiveness workshops were heldResearch reports on productivityProductivity Month - October
12Q4 Financial Performance Expenditure OverviewThe information is based on March 2013 IYM reports or section 40(4)of PFMA reportsSigned by the Accounting Officer and sent to National TreasuryTotal adjusted budget was R million for the quarterExpenditure for the quarter was R million or 90% of the adjusted appropriationExpenditure excluding transfers for the 4th quarter of 2012/13 is R51.3 million or 56% of the adjusted appropriation of R 92.4 millionCommitments as at 31 March 2013 amounted to R 2.2 million
13Q4 Financial Performance Expenditure Overview continued…The APP was based on the original quarterly appropriation of R152.5 millionAdjusted budget of R198.4 million for the quarter included an additional R30 million for Economic Regulatory matters allocated during the AENE processVariance in Compensation of employees is due to vacancies mainly at senior managementVariance in Goods & Services is due to outstanding commitments and additional allocation for Economic Regulatory mattersSlow spending in capital assets is mainly attributed to delays experienced in the procurement processes.
16Financial Performance Overview of Revenue for quarter 4Revenue collection for the 4th quarter of 2012/13 is R 111 million or 71% of adjusted estimated revenue of R millionMain revenue generator is fines from penalties from Competition Commission and dividends from IDC
17Revenue Performance1: Received from Competition Commission For fines and penalties instituted against companies flouting Competition rules/ Act In 2012/132: Received on an investment of 1,392,969,357 shares held in IDC in March 2013 for a dividend declared in June 2012