25 March 2019


NWDC changes its name to PEGA  

by: Obakeng Maje   date: 11 May 2018

The Provincial Government of Bokone Bophrima - through the Office of the Premier – is reforming public entities in line with initiatives at national level, by consolidating five public entities to establish the People’s Economic Growth Agency (PEGA).
Premier, Supra Mahumapelo, said the reforms were aimed at enhancing the implementation of the National Development Plan (NDP). He said this would also create an institutional critical mass needed to accelerate economic growth and development in the province.
“The consolidation of five public entities will give impetus to the attainment of a provincial developmental state, consistent with radical economic transformation. The establishment of PEGA is guided by the 21 recommendations of the Presidential Review Commission (PRC) on State Owned Enterprises (SOEs),” he said during his 2018/2019 Budget Vote Speech on Tuesday.
Former South African President, Jacob Zuma, said for state owned companies to contribute to the successful implementation of the NDP, they must be financially sound, be properly governed and managed. He added that without a strong vision and committed leadership, as well as an enabling legal environment, effective performance evaluation and appropriate competencies and capacities, effective and sustainable change will not occur in the SOEs environment. 
Mahumapelo shared the same sentiments. He said the consolidation and strengthening of SOEs in the province is no different to developments in other provinces such as Limpopo and Mpumalanga.
“The transfer of North West Transport Investments (NTI) and North West Housing Corporation (NWHC) should be effected as soon as the necessary legislative processes are completed. NWDC will receive a budget of R79 801m during 2018/19 financial year,” he said. 
The Premier also added that the province would facilitate the setting up of a Digital Platform through the NWDC. 
“This will enhance business intelligence for executive effective decision-making. Our office will launch a joint study with the Human Sciences Research Council (HSRC) on the Skills Supply and Demand in the North West.
“This study will assist to establish an informed basis for future skills planning and resources allocation in the province. The province will later this year host the National Public Sector Trainers Forum Conference, bringing together just over 500 public sector HRD practitioners, international experts and academia to discuss important topics related to how efficiencies could be improved in the public sector through learning and development.”
Mahumapelo said the hosting of this conference reaffirms the correctness of the Makgotla approach in finding lasting solutions to challenges confronting human capital development challenges in the workplace.  He said government would ensure that it continues to support the economic growth of the province through Agriculture, Culture and Tourism (ACT) and mining as a strategic tributary to these sectors.
“The NWDC will be central to drive the Provincial Mining Agenda, which amongst its key activities is expanding small scale mining, Mining Beneficiation, Mining Procurement, and New Venture Mining.  NWDC is currently in the process of interacting with companies with mining rights in the North West to complete the assignment during this financial year 2018/19,” he said.