2008/09 annual report

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2008/092008/09 ANNUAL REPORTANNUAL REPORT

13 NOVEMBER 2009

PRESENTATION TO THE PORTFOLIO PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRYCOMMITTEE ON TRADE AND INDUSTRY

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Presentation Content

Economic Context Strategic Objectives Achievements, Progress and Challenges

Industrial Development Trade, Investment & Exports Broadening Participation Regulation Administration & Co-ordination

Implications of MTBPS Conclusion

2008/09 ANNUAL REPORT2008/09 ANNUAL REPORT

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Economic Context

In the past 15 years, the domestic economy experienced an annual growth rate of above 3% due to positive global & domestic economic environment & government policies.

However, the beginning of 2008 saw a decline in global economic activity

The collapse of the financial markets further precipitated the contraction in real economy activities.

The global economic situation had a negative knock-on effect on the domestic economy. • The annual growth rate for 2008 was significantly lower at 3,1% as

compared to the last three years when the economy grew by above 5 percent on average

• Economic activity declined by 6.4% in Q1 of 2009, plunging the economy into recession for the first time in 17 years. The Q2 contraction was lower at 3%


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Economic Context

Manufacturing performance• In the last three quarters of 2008, the manufacturing sector displayed

significant vulnerability to the deepening global recession. • Manufacturing production & capacity utilization experienced significant

contraction as a result of the decline in both domestic and export demand

• Key industrial sectors such as automotives, capital equipment, clothing & textile, metals & metal products were significantly affected.

• The Manufacturing sector continued to contract in Q1 and Q2 of 2009 by 22.1 % and 10.9% respectively. The most prominent declines were in the manufacturing of chemicals, an wood and paper products

Trade performance• Between January and February 2009, exports declined by over 6%. • The decline further exacerbated the pressure on the balance of

payments. • The deficit for the first two months of the year was R18b, compared to

R16.5b for the first two months of 2008.


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Economic Context

Employment• While the economy created around 500 000 jobs annually between

2005 and 2007, a total of 208 000 jobs were lost between the last quarter of 2008 & the first quarter of 2009.

• The unemployment rate increased from 21.9% in the fourth quarter of 2008 to 23.5% in Q1 of 2009, which reflected the shedding of jobs in the key sectors of the economy, particularly basic metal products, automotives, clothing and textiles & mining.

Employment contracted further in Q3 of 2009 by 3.6 %, translating into a loss of 484 000 jobs. Of these, 283 000 were in the formal sector with manufacturing and wholesale industries recording the highest losses

The CAPEX programme & the 2010 World Cup infrastructure development have provided a much-needed demand pull for sectors such as metals & capital equipment

The industrial policy opportunities that results from this cannot be under played


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Economic Context

Figure 1 : The South African Real Growth Domestic Product Growth Rate

-7

-5

-3

-1

1

3

5

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

%

Source : South African Reserve Bank “2009 Figure is the growth rate for the first quarter of 2009”


3.0% decline recorded in Q2 of ‘09

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Economic Context

Figure 5: South African Manufacturing Sector Performance

-25.0

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

20.0

2008/01 2008/02 2008/03 2008/04 2009/01

%

Source: Statistics South Africa


10.9% decline recorded in Q2’09

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Economic Context

Manufacturing Production of Major Groups within the Sector (% change between Mar 2008 & March 2009)

-50 -45 -40 -35 -30 -25 -20 -15 -10 -5 0

Textile, clothing, leather &Footwear

Planning of wood

wood products

basic chemicals

basic iron and steel products

structural metal products

general purpose machinery

special purpose machinery

motor vehicles

motor vehicles, parts, othertransport equip

manufacturing production

Percentage change

Source: Mar 2009 Stats SA Manufacturing Production data


11.4% decline recordedin Sept’09 compared toSept ‘08

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Economic Context

Figure 6 : South African Gross Capital Formation

180 000

200 000

220 000

240 000

260 000

280 000

300 000

Quarter

R m

illio

n

Gross fixed capital formation

Source : South African Reserve Bank


Maintained at 24.8% Q1 and Q2 of ‘09 due to the Govt. Built programme

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Strategic Objectives

Promoting the coordinated implementation of government’s economic vision and priorities;

Promoting direct investment and growth in the industrial and services economy, with particular focus on employment creation;

Raising the level of exports and promoting equitable global trade;

Promoting broader participation, equity and redress in the economy; and

Contributing to Africa's development and regional integration within the NEPAD framework


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the dtiWork Programme

The seven programmes of the dti are thematically organised as follows:-

Industrial development;

Trade, Investment and Exports;

Broadening participation;

Regulation, and

Administration and co-ordination


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ACHIEVEMENTS,ACHIEVEMENTS, PROGRESS & CHALLENGES PROGRESS & CHALLENGES


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National Industrial Policy Framework (NIPF) and Action Plans (IPAP)Sector InterventionsVarious initiatives launched to address key constraints and challenges in the following four lead sectors identified in the IPAP as part of implementing the NIPF.

Automotives and components• The Automotive Production & Development Programme (APDP) was

launched in Sept 2008 to replace the current Motor Industry Development Programme (MIDP) with the aim of increasing annual vehicle production to 1.2 million units by 2020.

Capital and transport equipment and metal fabrication• National Tooling initiative launched in support of the capital goods sector.

Six regional cluster hubs set up in Gauteng, WC, EC, KZN, Limpopo & Mpumalanga – Intsimbi established as national governance structure

• Developed projects to recapitalise 4 of 6 FET college institutions as Tooling Centres of Excellence

Industrial Development

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National Industrial Policy Framework (NIPF) and Action Plans (IPAP)

Sector Interventions

Capital and transport equipment and metal fabrication• The National Foundry Technology Network (NFTN) coordinating office

established at the CSIR.• Provincial road shows (Gauteng, CT, PE & Durban) held to promote the

NFTN• MOUs negotiated with the two major industry associations (South African

Institute of Foundrymen & the Aluminium Federation of Southern Africa).• The high pressure die-casting industry was benchmarked (11 companies)

in collaboration with CAST from Australia.• Five sand casting foundries also benchmarked as a pilot project & this

questionnaire will now be rolled out to the rest of the sand casting foundries.

• These benchmarking projects are aligned to the UNIDO supplier development project.


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Plastics fabrication and pharmaceuticals• the dti intervention resulted in local manufacturers winning 84% of a multi

billion Rand tender for the supply of antiretrovirals (pharmaceuticals)• Investment by a local company manufacturing plastic automotive

components using polypropylene created 130 direct jobs.• Expert Advisory Committee established to implement the Chemical Sector

Summit Agreement & the Chemicals Sector Development Strategy• Environmental Impact Assessment on hydrofluoric acid & aluminium

trifluoride has been shelved due to the land claim. Investor cannot sign until land claim settled.

• Study on Projects Mafutha and Mthombo completed & the task team working on policy options & recommendations for Minister’s consideration.


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Forestry, pulp and paper and furniture• Draft strategy document on furniture finalised & issued for public

comments. Workshop to be conducted with relevant stakeholders before finalising strategy

• A furniture incubator has been launched in the Eastern Cape

Stabilise Clothing & Textiles to preserve capability & employment• Work done to expedite the implementation of the Clothing & Textile CSP

including the design of the Clothing & Textile Competitiveness Programme & a review of duties on fabrics not produced in SA.

• Illegal Imports Task Team established in December 2008.• Involved in the Skills Development as part of the dti's Clothing & Textiles

Competitiveness Programme. 10 Bursaries awarded to Textile Polymers Students at Stellenbosch University to increase capability of the sector.


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Business Processing Outsourcing & Offshoring (BPO)• 17 BPO applications approved which will create 18 000 jobs & result in R1,2b

investment


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Industrial Financing in support of NIPF & IPAP

Enterprise Investment Programme (Revised SMEDP)• The EIP was launched in July 2008 & has two customised sub-programmes,

the Manufacturing Investment Programme and the Tourism Support Programme. An internet system implemented to receive applications & provide feedback.

• By financial year end, the EIP programme had approved 21 greenfield and expansion projects in the manufacturing and tourism sectors with a total projected investment of R906m & 1 070 projected jobs.

Critical Infrastructure Programme (CIP): Five private sector projects approved with a projected investment value of R12b and the creation of approximately 14 706 jobs.

Film & TV production: Revised Film Incentive Scheme implemented. Since inception, 50 SA productions & 22 foreign productions approved. Expected SA expenditure for local productions is R931m & foreign productions R1.1b.


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Further Industrial Financing in support of NIPF & IPAP

National Industrial Participation Programme: To date, under the NIPP, more than 16 500 direct jobs have been created or retained, in line with the original target & 216 projects implemented.

Tax incentive Package: New Tax incentive developed with National Treasury. Regulations for Tax Incentive released for comments & consultations with industry.

Competitiveness Incentive: Competitiveness Fund draft proposal and guidelines designed, consultations & presentations with industry held. Not yet approved as impact study only completed in fourth quarter

IDC to upscale and align support to IPAP priorities: MoA signed with IDC to facilitate implementation of Industrial Policy.


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Other Important Initiatives

• A comprehensive trade policy is being developed to ensure alignment with the NIPF

• The ongoing review of import duties on key industrial inputs into the manufacturing sector, of which aluminium, upstream chemicals & textiles were finalised

• To assist firms to meet quality standards for accessing increasingly demanding foreign markets & ensuring that low-quality imports do not undercut the productive base of the manufacturing sector, the President assented to two new Acts, namely the Standards Act, No 8 of 2008, & the National Regulator for Compulsory Specifications Act, No 5 of 2008.

• Craft hubs were established in Gauteng & Western Cape & business plans completed for hubs in Eastern Cape & KwaZulu Natal

• Draft Competitiveness Supplier Development Programme have been developed for Transnet & Eskom


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Other Important Initiatives

• The National Cleaner Production Centre continued to promote water and energy efficiency in business & industry. Since 2005 the centre has audited 102 firms and about 25% have implemented its recommendations

• Played a key role in addressing the electricity crisis


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Industrial Development Zones

• Consultation with National Treasury (NT) on the policy framework and funding mechanisms for the IDZs completed.

• Coega IDZ: Four new investors with a total estimated investment value of R108m located in the Coega IDZ during the 2008/09 financial year. A total of 7 223 construction jobs created due to the IDZ construction activities & provincial infrastructure projects facilitated by the Coega

• East London IDZ: Seven investors with a combined investment value of R239m announced during the period under review. Of these, three were in the automotive industry, one in agro-processing, one in mariculture & one in manufacturing. This brings to 21 the total number of confirmed investors for the East London IDZ (ELIDZ) with a combined investment value of over R1 billion.


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Technology & Innovation

• According to the latest figures, the Support Programme for Industrial Innovation (SPII) recorded total sales of R309m, of which R150m represented export sales of new products.

• The Technology & Human Resources for Industry Programme (THRIP) leveraged R163m from the private sector for new technology development, and supported 264 SMMEs.

• Centurion Aerospace Village (CAV): The CAV launched & as an aero-mechanical cluster is the first in Africa. It brings together aerospace companies, both big and small, to manufacture, share resources and costs, benefit from economies of scale & become more competitive.

• The Small Enterprise Development Agency Technology Programme created 126 new SMMEs and supported 34 technology transfers to SMMEs to the value of R12m


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Performance of NIPP - Defence

OTHER MATTERSOTHER MATTERS

Obligor Contract

Obligation value

(Bn)

Performance to date (credits

awarded) (Bn)

Outstanding value

(Bn)Percentagecomplete

BAES Hawk / Gripen

US$7,2 US$6,48 US$0,865 90%

GFC Thyssen

Corvettes US$2,047 US$1,7 US$0,343 83%

GSC Ferrostaal

Submarines

€ 2,85 € 2.78 € 0,075 97%

Thales Combat suite

US$0,65 US$0,7 0 100%

Agusta LUH Light Utility Helicopter

US$0,76 US$0,77 0 100%

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Performance of NIPP – Non Defence


OBLIGOR PURCHASEROBLIGATION

VALUE PERFORMANCE

AREVA ESKOM US$ 12 8 mil 95%

Honeywell ESKOM US$ 13,2 mil Concept Approved

Airbus SAA US$ 452 mil 75%

Snecma SAA US$ 19,9 mil 100%

Boeing SAA US$ 237,5 mil 100%

Eurocopter SAPS US$ 6,9 mil 100%

Siemens ESKOM US$ 161,5 mil 30%

Alcom Systems SAPS US$ 8,6 mil 100%

Aventis Pasteur DOH ZAR 51,82 mil 100%

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OBLIGOR PURCHASEROBLIGATION VALUE PERFORMANCE

Damen Shipyards

DEAT US$ 5,58 mil 100%

GM SA DOT ZAR82,6 mil 56%

Ford NT ZAR216 mil 100%

MBSA NT US$ 11,5 mil 100%

Mitsui SPOORNET US$ 50,4 mil 50%

Ericsson TELKOM US$ 22,4 mil Sufficient credits under SPA to meet

obligation

Hewlett Packard TELKOM/SETA US$ 15 mil Concept approved

Oracle TELKOM ZAR 29 mil 80%

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Awarded total credits

Value US$18bn Discharged obligations

Thales, Agusta Westland, Denel, Boeing, Ford, MBSA, Eurocopter, Damen Shipyard & Alcom Systems

Job Creation

16 500 direct jobs & 216 projects implemented (at Jan ’09)

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Performance of NIPP Geographic Spread of

ProjectsOTHER MATTERSOTHER MATTERS

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4 5 4

27

1

21

113

0

20

40

60

80

100

120

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Entry into force of SACU-EFTA Free Trade Agreement (FTA) in May ‘08 Raised business awareness of opportunities in SACU-EFTA FTA Signed SACU-MERCOSUR PTA (April 2009) Strengthened trade admin coordination (ITED, ITAC, SARS, IDC) Improved alignment between industrial and trade/tariff policies Improved coordination of international trade engagements through the

Information & Communication Technologies Cluster & stakeholders in NEDLAC

Ongoing support to post-conflict reconstruction and development in countries in Africa

Government-to-government bilateral engagement in Africa to promote trade and investment, cooperative arrangements, bilateral investment agreements, and human and institutional capacity building (6 countries)

In Doha Round, continued pursuit of a developmental outcome, notably industrial tariff negotiations; positions agreed in NEDLAC - a high point in domestic consultative efforts

Positions consulted and developed for agriculture, services, trade remedies, intellectual property, environment, trade facilitation

Trade,Investment & Exports

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Continued engagement in EPA to address concerns and preserve SACU common external tariff

SACU-India PTA (two negotiating sessions – ongoing) Advanced SA vision for developmental integration in Africa: build

productive capabilities, cross border infrastructure, sectoral policy coordination and trade facilitation

In AU/NEPAD, support processes to promote continental integration and economic development

Consolidate SADC FTA by addressing non-tariff barriers, standards harmonisation, trade facilitation and building productive capabilities

Prepare for SADC-EAC-COMESA Tripartite FTA In SACU, work to develop common policies (industry, agriculture,

competition, unfair trade practices), strengthen SACU institutions Special focus on cross-border infrastructure development in region

through Spatial Development Initiatives

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Ongoing work to ensure trade in WMD meet SA’s international non- proliferation treaty obligations and national legislation

Initiate work on Angola, Namibia and SA trilateral economic cooperation

Lead coordination on trade issues under TDCA midterm review, AGOA, IBSA, and with China under PGD

Lead SA participation in G8+6 on international investment policy Lead SA legal team in challenge to BEE under Italian BIT Progress on SA Trade and Investment Policy Reviews


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Export & Investment

A new export strategy was approved & is being implemented. The strategy is based on market penetration, export development in key high growth markets.

In investment promotion & facilitation six themes were pursued: Sectoral Analysis & Project Packaging, Investment Climate & Policy, Invest Marketing, Investor Servicing, Effective Investment Incentives & Effective Institutional Arrangements

Major promotional events were undertaken in China, India, Russia & the Democratic Republic of Congo

Direct support provided to industry through the Export Marketing & Investment Assistance Scheme (EMIA) grew by 5% compared to the last financial year. Funding to the value of R20.9m was committed to assist 490 entities in finding markets & showcasing South African products overseas.

84 new small exporters were trained in collaboration with SEDA (against a target of 200 due to the prevailing economic conditions)

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Export & Investment

Investors now being managed in a single integrated project team approach. Investors & exporters will in future be serviced through a one-stop facilitation centre, including a support centre staffed by people with disabilities.

Work has begun to strengthen networks with Provincial Investment Promotion agencies & implement coordinated outward trade and investment projects to key priority markets. Coordination meetings held quarterly with key stakeholders such as the IPAs (General Managers & CEO Forums) to ensure a targeted approach

Investment attraction activities moved from a generic to a more targeted approach, resulting in a pipeline of R 46.5b worth of investment projects. Due to the current global financial crisis more effort was spent retaining existing investments & the projected investment target of R206b was not achieved.

The department currently has a network of 45 foreign economic offices to facilitate business on behalf of South African companies

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Broadening Participation


Implementing & monitoring of Codes of Good Practice for BBBEE

Sector transformation charters have been gazetted in forestry, tourism, construction and transport.

Engaged National Treasury on the Regulations for the alignment of the BBBEE Act and PPPFA.

A total of 22 BEE Verification Agencies already accredited. Appointment of the Advisory Council will be finalised in 2009/10

Gender and Women’s Economic Empowerment.

Work on stabilising South African Women Entrepreneurs’ Network continued and the strategy behind it is being reviewed

Substantial progress made in institutionalising the Isivande Women’s Fund to provide financial & business development support services to women-owned enterprises. Joint contribution of R100m from private and public sectors has been made.

46 technology transfers approved for women in business Entrepreneur workshops (KZN & EC) with 22 schools & 10 learners per school

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BBBEE and women empowerment through key incentive schemes

The Black Business Supplier Development Pogramme (BBSDP), which assists companies to access business development services, has grown by approximately 800% since its inception. In 2008/09, incentives were awarded to 1 625 companies.

the BBSDP programme is being reviewed to include a once-off facility that will enable black SMMEs to access up to 40% of the costs required to raise a loan to buy tools, equipment and machinery, or to enter into a hire purchase agreement. This and other improvements will be implemented in the 2010/11 financial year.

The seda technology programme created 126 new SMMEs and supported 34 technology transfers to SMMEs to the value of R12 million.

Support Programme for Industrial Innovation (SPII) supported 70 projects to the total project value of R116m

Technology and Human Resources for Industry Programme (THRIP) supported 259 projects; 743 researchers; 1 948 students & 349 enterprises

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BBBEE and women empowerment through key incentive schemes

Under the Sector Specific Assistance Scheme’s (SSAS) project funding for emerging exporters, R13,7m was committed to assist 132 first- time exporters.

Through the Cooperative Incentive Scheme an amount of R14.9m has been committed to support 93 cooperatives in rural provinces in manufacturing (54%), agriculture, (25%), services (18%), arts & crafts (2%) and retail (1%).

Additional support to cooperatives are also provided through seda, Khula & SAMAF

DVD and simplified booklet and pamphlets on cooperatives produced Hosted South Africa’s International Cooperatives Day & conference The other incentive programmes such SMEDP & BPO also continued to

support the empowerment goals of the department

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Communication & Marketing

the dti intensified communication to targeted clients & stakeholders through radio, television and print media

the dti participated in 109 events, exhibitions and izimbizo to promote the uptake of the dti products and dervices.

A total of 21 media briefings were conducted during 2008/09. 13 radio show episodes on 12 SABC stations, while the dti Business Talk

television show aired 26 episodes on SABC 3, reaching 3.4 million viewers.

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Regulation


Four bills were passed by Parliament and signed into law, namely the Companies Bill, the Consumer Protection Bill, Competition Amendment Bill and Interactive Gambling Amendment Act.

The Intellectual Property Amendment Bill was finalised and will be introduced into Parliament.

Regulatory reviews were initiated as regards the Estate Agents & thresholds for merger notifications in order to, inter alia, reduce costs of compliance for businesses and ease regulatory burden

Liquor regulation: An assessment was done of the process of issuing liquor licenses for distributors & manufacturers & identified areas that impede efficiencies & responsiveness. This assisted in clearing all outstanding applications & significantly improved turnaround times

Consumer redress:. During 2008/09 670 complaints were received. Of these 650 were resolved within 15 days, an improvement from 20 days in the previous year. A total of R 901 437 was recovered on behalf of consumers in refunds. This excludes other forms of redress such as replacements & repairs.

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Regulation


Awareness & educational campaigns: Targeted campaigns were conducted to make business & consumers, especially in rural communities, aware of regulations & compliance

Performance of agencies: The regulatory agencies under the dti continued to perform satisfactorily & to increase their effectiveness in ensuring compliance with regulations. In this period of economic slowdown the National Credit Regulator made significant strides in the area of debt restructuring & counseling. Similarly, the Competition Commission made good progress in acting against companies involved in cartel conduct & collusion.

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Administration &Co-ordination


Strong emphasis was placed on strengthening the dti’s own institutional capacity during the year under review through training & high-value skills recruitment.

The vacancy rate was reduced from 25% in the previous financial year to just over 18% as at 31 March 2009. Attention is being given to talent management, performance management and human resource development.

Initiatives to develop & retain professional and skilled officials included:• 110 middle and senior managers participated in executive

management programme• 741 employees attended training and development initiatives offered

internally and 190 attended external training programmes• 33 interns were appointed• 108 bursaries active with 51 awarded in 2008/09• Planning on the roll out of a comprehensive executive development

programme was concluded

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In ensuring an environment that promotes diversity and inclusion of those historically disadvantaged, the dti has achieved the following targets:

• Blacks represent 82% of the total staff employed • Females represent 59% of the total staff employed • 41% representation of women at senior management level• 1% representation of people with disabilities• 84% of the procurement contracts awarded to SMMEs, with 41% to

women empowered suppliers and 3% to enterprises owned by People with Disabilities

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Gender RepresentivityGender Representivity


Males41%

Females59%

Males Females


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Race & Gender RepresentivityRace & Gender Representivity2008/09 ANNUAL REPORT2008/09 ANNUAL REPORT

AfricanFemale42%

White Male 7%

White Female11%

Asian Female3%

Coloured Female3%

Asian Male 2%

Coloured Male2%

African Male30%


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Strengthening the dti’s corporate governance• The key governance structures, the Executive Committee, Operations

Committee, Audit Committee and the Risk Management Committee have been instrumental in ensuring strategic and operational effectiveness by developing policies and strategies as well as managing risk and performance.

• Key deliverables for the year under review:o Effective internal audit functiono Implementation of the reviewed strategic and operational risk registerso Development of the Risk Management Policy & Fraud Prevention Plano 100% Disclosure of financial interests by senior managerso 96% of senior managers concluded performance agreementso 2 Ethics awareness workshops

• SMS & MMS trained on corporate & enterprise risk management

Finance• Unqualified audit reports by the Auditor-General for five years in a row• Lowest under-spending in the past five years to 1% of budget

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Five year comparison of budget vs expenditureFive year comparison of budget vs expenditure


0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

R'0

00

Budget

Expenditure

Unspent

% Unspent

Budget 3,623,291 3,907,420 3,942,028 5,479,433 5,126,893

Expenditure 3,424,138 3,631,304 3,804,720 5,295,250 5,056,989

Unspent 199,153 276,116 137,308 184,183 69,904

% Unspent 5% 7% 3% 3% 1%

2004/05 2005/06 2006/07 2007/08 2008/09

Administration &

Co-ordination

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On average, the allocation of the current budget over the MTEF period is as follows:

78% to transfer payments made up of:-Agencies - 24%IDZ’s - 19%Other - 35%

54% to incentive payments 7% to the compensation of employees 10% for goods and services

2008/09 ANNUAL REPORT2008/09 ANNUAL REPORTAnalysis of the current MTEF

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the dti also focused on improving the effectiveness of the Economic Cluster into a more coherent mechanism that is better able to facilitate and co-ordinate economic growth and transformation.

the dti engaged with its social partners through NEDLAC, which held bi-annual leadership-level strategic sessions. At these sessions, the parties deliberated and agreed on the implementation of the Growth and Development Summit commitments.

In engaging with industry, the dti hosts regular industry forums.

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Implications of MTBPSImplications of MTBPS


Changing the orientation of industrial incentives to focus on labour-intensive industries

Making greater use of research & development capacity & innovation to support job creation by the private sector

Implementing a coherent rural development programme, including support for access to agricultural markets, training & assistance to small farmers

Increasing levels of productivity & competitiveness to improve export performance

Utilising trade, industrial & competition policy to create jobs through increasing competitiveness, raising productivity & lowering costs for both businesses & households & to promote exports

Accessing growth opportunities in Africa Modernisation of investment framework to encourage FDI Rationalising public entities & agencies Reform of the procurement systems & processes

Work on some of the above has already commenced.

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ConclusionConclusion


the dti, in general, achieved its targets for the previous reporting period (as reported in the 2008/09 annual report)

Challenges are to enhance the impact of the dti through:-• Ensuring effective programme & project performance; • Stronger strategic & operational management;• Greater integration of work, including that of agencies;• Adequate financial resources for extensive dti

programmes;• HR challenge of recruitment, retention and development;

and• Improved cluster co-ordination

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THANK YOU


2008/09 annual report

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