Page 455 - Provincial Treasury Estimates.pdf

Estimates of the Provincial Revenue and Expenditure (EPRE) – 2023/24 Financial Year

7.7 Transfers

7.7.1 Transfers to public entities

Table 10: Transfers to public entities

Main Adjusted
Outcome Revised estimate Medium-term estimates % change
appropriation appropriation
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 from 2022/23
Eastern Cape Parks and Tourism Agency – – – – – – – – –
Eastern Cape Rural Development Agency 269 864 256 481 232 608 181 424 209 655 209 655 225 879 348 799 357 932 7.7
Eastern Cape Socio Economic Consultative Council – – – – – – – – –
Total departmental transfers 269 864 256 481 232 608 181 424 209 655 209 655 225 879 348 799 357 932 7.7

Table 10 above shows the summary of transfers to the ECRDA as the implementing agency for
departmental projects. Transfers to ECRDA decreased from R269.864 million in 2019/20 to a revised
estimate of R209.655 million in 2022/23, owing to a decline in the allocation for Magwa Tea. In 2023/24
transfers to ECRDA increased by 7.7 per cent to R225.879 million ascribed to the allocation for the Blended
Finance Scheme, provision made for the RED Hubs, Cannabis programme and intervention to support
citrus farmers through ECRDA. The budget increases moderately over the 2 outer years.

7.7.2 Transfers to other entities

Table 11: Summary of transfers to other entities

Main Adjusted
Outcome Revised estimate Medium-term estimates % change
appropriation appropriation
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 from 2022/23
Fort Cox 58 704 59 801 61 198 59 051 59 051 59 051 61 708 64 479 67 445 4.5
Chris Hani Development Agency 1 237 – – 2 209 2 209 2 209 2 209 – – 0.0
Fort Hare ( Vet school)) 1 000 – – – – – – – –
Total departmental transfers 60 941 59 801 61 198 61 260 61 260 61 260 63 917 64 479 67 445 4.3

Table 11 above shows the summary of transfers to other entities from 2019/20 to 2025/26. Transfers
increased from R60.941 million in 2019/20 to a revised estimate of R61.260 million in 2022/23, mainly due
to provision for a transfer to ECRDA for the payment of irrigation scheme officials through Chris Hani
Development Agency (CHDA).

In 2023/24, the transfers increases by 4.3 per cent to R63.917 million, and this is in line with the inflationary
rate. The budget moderately increases over the 2 outer years.

7.7.3 Transfers to local government by category

None.
7.7.4 Transfers to local government by grant name

None.

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