Department of Trade and Industry (South Africa)
Encyclopedia
The Department of Trade and Industry (also known as the dti) is the department of the South African government
with responsibility for commercial policy
and industrial policy
. the dti and its subsidiary agencies are involved in promoting economic development, Black Economic Empowerment
, implementing commercial law
(including companies law and intellectual property law), promoting and regulating international trade
, and consumer protection
.
The political head of the department is the Minister of Trade and Industry, who is assisted by two Deputy Ministers. , the minister is Rob Davies
and his deputies are Thandi Tobias-Pokolo and Elizabeth Thabethe. The executive head of the department is the Director-General of Trade and Industry; as of 21 April 2011 this is Lionel October.
In the 2010 national budget, the department received an appropriation
of 6,150.1 million rand
, and had 1,140 employees.
Government of South Africa
The Republic of South Africa is a constitutional democracy with a three-tier system of government and an independent judiciary, operating in a nearly unique system that combines aspects of parliamentary and presidential systems. Legislative authority is held by the Parliament of South Africa...
with responsibility for commercial policy
Commercial policy
A commercial policy is a governmental policy governing trade with third countries...
and industrial policy
Industrial policy
The Industrial Policy plan of a nation, sometimes shortened IP, "denotes a nation's declared, official, total strategic effort to influence sectoral development and, thus, national industry portfolio." These interventionist measures comprise "policies that stimulate specific activities and promote...
. the dti and its subsidiary agencies are involved in promoting economic development, Black Economic Empowerment
Black Economic Empowerment
Black Economic Empowerment is a programme launched by the South African government to redress the inequalities of Apartheid by giving previously disadvantaged groups economic opportunities previously not available to them...
, implementing commercial law
Commercial law
Commercial law is the body of law that governs business and commercial transactions...
(including companies law and intellectual property law), promoting and regulating international trade
International trade
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...
, and consumer protection
Consumer protection
Consumer protection laws designed to ensure fair trade competition and the free flow of truthful information in the marketplace. The laws are designed to prevent businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors and may provide additional...
.
The political head of the department is the Minister of Trade and Industry, who is assisted by two Deputy Ministers. , the minister is Rob Davies
Rob Davies (South African minister)
Rob Davies is minister of trade and industry of South Africa.He was deputy minister of trade and industry from June 2005 until May 2009, having been a member of Parliament since 1994....
and his deputies are Thandi Tobias-Pokolo and Elizabeth Thabethe. The executive head of the department is the Director-General of Trade and Industry; as of 21 April 2011 this is Lionel October.
In the 2010 national budget, the department received an appropriation
Appropriation (law)
In law and government, appropriation is the act of setting apart something for its application to a particular usage, to the exclusion of all other uses....
of 6,150.1 million rand
South African rand
The rand is the currency of South Africa. It takes its name from the Witwatersrand , the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c"...
, and had 1,140 employees.
Subsidiary agencies
the dti Group includes various subordinate agencies which perform specific functions. These agencies are classified in three "clusters", as follows.Finance and small business development agencies
- Export Credit Insurance Corporation (ECIC)
- National Empowerment Fund (NEF)
- Small Enterprise Development Agency (SEDA)
Regulatory agencies
- Companies and Intellectual Property Commission (CIPC)
- National Consumer Tribunal (NCT)
- Estate Agency Affairs Board (EAAB)
- National Credit Regulator (NCR)
- National Gambling Board (NGB)
- National Lotteries Board (NLB)