Economic Development Annual Report

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

Reasons for

deviations

None None

Actual (Over)/Under Expenditure R’000 R’000 R’000 R’000 R’000 R’000 Total 115 375 115 375 - 113 246 112 075 1 171 Strategy to overcome areas of under performance University of Mpumalanga has been engaged to assist with facilitation of workshops and finalising the draft policy. Performance in relation to Standardised Outputs and Output Indicators for Sectors with Concurrent Functions None, all planned targets are focused solely on the department. Expenditure

Deviation

from planned target to Actual

Achievement 2023/2024

**Actual

Achievement 2023/2024

New Target 4 4 4 compliance

and oversight

reports with MER produced

The program had an approved budget of R113 246 million for Business Regulation and Governance sub program and spent R112 075 million resulting with an underspend of R1 171 million. The under spending was largely due to the budgeted and funded vacant post of a Director (Level 13). The actual budget was therefore used for Compensation of employees within the sub program and also catered for the goods and services (capacity building workshops for Municipalities and informal traders and hire of venue and facilities) Sub-programme expenditure Sub- Programme Business Regulation 2022/2023 2023/2024 Final Appropriation Actual Expenditure (Over)/Under Expenditure Final Appropriation

Planned

Annual

Target

2023/2024

86 Sub-programme: Business Regulation Purpose: To promote and maintain a business regulatory system Outcome Output Output Indicator Audited Actual Performance 2021/2022 Audited Actual Performance 2022/2023 Number of compliance and oversight reports.

**Actual achievement reported in relation to the performance information reflected in the re-tabled Annual Performance Plan. Linking performance with budgets