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Economic Impact and Policy Alignment

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Economic Impact and Policy Alignment

Purpose
To build the capacity to monitor national economic policies to determine areas in which the SOC can make strategic contributions. The unit manages the reporting processes of the state-owned companies to their stakeholders.

Sub-programme

  • Environmental Policy Alignment – oversee alignment and implementation of SOC strategically important developments (SIDs), with special focus on the Eskom and Transnet build programmes. Oversee and align the Climate Change Policy Framework for SOCs in support of national policies and the green economy.
  • Economic Policy Alignment – conduct appropriate macro-economic modelling and research to enhance the links between industrial policy, macro-economic policy and the role of the SOCs. Economic modelling will be outsourced to relevant institutions to determine the impact of SOC investment and operations on the economy,including the impact on customers and suppliers.
  • Transformation, Skills and Youth Development – focuses on the provision of scarce and critical skills by the SOCs in support of the National Skills Agenda, the New Growth Path (NGP) and the NDP. Optimises the SOC skills training facilities through, among others, national skills funding.