In today's world, Department of Trade, Industry and Competition has gained great relevance in different areas of society. Whether in the field of technology, medicine, education or culture, Department of Trade, Industry and Competition has impacted people's lives in some way. This is why it is essential to thoroughly understand everything related to Department of Trade, Industry and Competition, know its benefits, its evolution over time and the possible implications it has in the present and in the future. In this article, we will thoroughly explore Department of Trade, Industry and Competition and its influence on various aspects of our lives, thus providing a complete and up-to-date overview of this very relevant topic.
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Department overview | |
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Jurisdiction | Government of South Africa |
Headquarters | The dti Campus, 77 Meintjies Street, Sunnyside, Pretoria 25°45′02″S 28°12′00″E / 25.75056°S 28.20000°E |
Employees | 1,140 (2009) |
Annual budget | R6,150.1 million (2010/11) |
Ministers responsible |
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Department executives |
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Website | www |
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The Department of Trade, Industry and Competition (also known as the dtic; before June 2019 the Department of Trade and Industry or the dti) is the department of the South African government with responsibility for commercial policy and industrial policy. The dtic 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 a Deputy Minister. As of 2023, the minister is Ebrahim Patel and the deputy ministers are Nomalungelo Gina and Fikile Majola. The executive head of the department is the Director-General of Trade and Industry.
In the 2010 national budget, the department received an appropriation of 6,150.1 million rand, and had 1,140 employees.
The dtic Group includes various subordinate agencies which perform specific functions. These agencies are classified in three "clusters", as follows.