Economic Development Annual Report

Annual Report 2023/2024 Mpumalanga: Department of Economic Development and Tourism - Vote 6

5.2 Transfer payments to all organisations other than public entities

The table below reflects the transfer payments made for the period 1 April 2023 to 31 March 2024

Name of transferee

Type of organisation

Purpose for which the funds were used Incubation Programme for Youth Development Transfer to establish the Entity Incubation Programme for Youth Development

Did the dept. comply with s 38 (1) (j) of the PFMA

Amount transferred (R’000)

Amount spent by the entity

Reasons for the funds unspent by the entity

Furntech

Private Enterprise

Yes

700

700

None

Mpumalanga Nkomazi SEZ

Non Business Entity

Yes

5 756

5 756

None

Mpumalanga Stainless Steel Initiative

Private Enterprise

Yes

2 020

2 020

None

The table below reflects the transfer payments which were budgeted for in the period 1 April 2023 to 31 March 2024, but no transfer payments were made.

Name of transferee Purpose for which the funds were to be used

Amount budgeted for (R’000)

Amount transferred (R’000)

Reasons why funds were not transferred

Mpumalanga Green Cluster Agency

Coordinate the activities of the Green Economy

10 0000

Nil

Reprioritisation

106