Economic Development Annual Report

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

9. ENTITIES REPORTING TO THE MEC The table below indicates the Entities reporting to the MEC:

Name of Entity Legislative Mandate

Financial Relationship

Nature of Operations

Mpumalanga Economic Growth Agency

To promote trade and investment in Mpumalanga; To provide funding in respect

Transfer payments in line with the shareholders compact

To promote and facilitate trade and investment in the Province; To provide financial and non-financial support to SMMEs in the Province; To provide financial support to emerging farmers in the Province; To grant housing loans to the needy and the previously disadvantaged

of approved enterprise development focusing

primarily on the previously disadvantaged individuals in Mpumalanga; To develop property, including the granting of housing loans in Mpumalanga; To deliver massive infrastructure in Mpumalanga To provide for the sustainable development and improvement of the tourism industry in Mpumalanga

Mpumalanga Tourism and Parks Agency

Transfer payments in line with the shareholders compact

To provide for effective management and conservation of biodiversity and ecosystems within the Province; To develop and ensure effective management of protected areas; To promote and create socio economic growth and transformation within the tourism and conservation industry, thereby creating economic and employment opportunities for previously disadvantaged individuals and local communities in the Province

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