GDF Annual Report - Gauteng Provincial Treasury

SECTION 3: REPORT ON THE PERFORMANCE OF PROGRAMMESOutputs/ key deliverables Performance Indicators Annual Target Actual Performance against Output target Reasons for deviationsAnalyse and recommend onthe opening and closure ofGPG Trading EntitiesEnforce compliance withSection 19 of the TreasuryRegulationsFully complying TradingEntityApproved the opening of a Trading Entity(Revenue Collection Agency) for theDepartment of Economic Development.Consulted with Departments ofInfrastructure Development and Roads andTransport on closure of Trading Entitieswithin their operation.Maintain a databaseon GPG Public Entities,Agencies and TradingEntitiesRegular database update toreflect new and/or delistedentitiesAn updated databasemaintainedUpdated database in placeReview of GPG Public/Trading Entities andAgenciesConsultation with parentDepartmentsProperly created andlisted Public /TradingEntity3 Departments were consulted.Efficient and EffectiveAdministrationand Logistical ArrangementsAdministration and Logisticsas per approved AuditCommittee CharterAdministration andLogistics as per approvedAudit Committee CharterAdministration and logistics (in terms ofmeetings, venues, minutes, etc) weresuccessfully conducted as per AuditCommittee Charter.Research through BestPractice and BenchmarkingexerciseAudit CommitteeRemuneration StructureApproved AuditCommittee RemunerationStructureAudit Committee Remuneration Structurewas approved by the MEC: Finance forimplementation.6868Annual Report 2010 / 2011