The Department of Trade, Industry and Competition (DTIC) has moved to assure the nation that Minister Parks Tau remains committed to ‘stabilising governance and leadership at the DTIC and its entities.”

‘At the beginning of the seventh administration, the Minister focused on addressing issues related to vacancies and governance. The Minister underscored that for the DTIC to fully and effectively discharge its mandate, it is essential to stabilise governance within our department and its listed entities.

‘This will help the DTIC function optimally in executing the mandate of transformation, industrialisation underpinned by localisation, and an export-led growth strategy,’ the department said in a statement.

The Minister committed – during the department’s budget speech earlier this year – to filing critical vacancies.

‘The process of filling the vacancies has begun and is currently underway. On Friday, 13 September 2024…entities’ vacancies will be advertised. We believe this is the right step towards achi
eving good corporate governance and stability.

‘We invite qualified individuals who meet the requirements to apply and assist us in stabilising these entities so they can optimally execute their mandates. The finalisation of these appointments will be completed efficiently,’ the department said.

‘Additionally, [the Minister] committed to reviewing the organisational structure to ensure it is aligned and optimised to support the Department’s mandate and prioritised programmes. This review will promote a value chain approach, integrating the work of the department and its entities, thereby eliminating silos, duplication, and inefficiencies,’ the statement read.

Source: South African Government News Agency