Our Mandate
Mandate and Functions
Our
Mandate
- To unlock economic development potential within the District;
- To identify, facilitate, package and achieve the implementation of strategic sustainable economic development and investment projects and programmes within the District;
- To develop portfolios of catalytic projects and programmes that comprise of both short term implementable low hanging fruit projects and longer term large scale strategic and catalytic projects and programmes;
- To undertake identified and prioritised projects on behalf of the parent Municipality and the Local Municipalities within the District as approved by the Parent Municipality in line with Agency’s corporate strategy;
- To implement and manage projects captured in the business plan to be developed by the Agency and updated monthly for presentation to the Parent Municipality, at whose discretion, guidance and oversight will be provided;
- To implement and manage Government initiatives and programmes such as Agriparks, RASET and those that promote Radical Economic Transformation;
- To implement effective, efficient and transparent financial management and internal control systems to guard against fraud, theft and financial mismanagement.
- To provide all reports as required by legislation timeously and those detailing financial and operational performance to the parent municipality on quarterly basis or as when required, provided that reasonable notice has been given;
- To maintain proper books of account reflecting all income and expenditure;
- To accept full responsibility for the staff, staff contracts, payment of salaries, taxes and all legal requirements
Business
Model
