MarketDepartment of Trade, Industry and Competition
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Department of Trade, Industry and Competition

The Department of Trade, Industry and Competition (DTIC) has a mandate to develop the South African economy. They envision a dynamic, industrial and globally competitive economy, that is inclusive, offers decent employment and equity. Previously known as the Department of Trade and Industry this department, within the South African government, is responsible for commercial policy and industrial policy. The dtic and its subsidiary agencies are involved in promoting economic development, Black Economic Empowerment, implementing commercial law, promoting and regulating international trade, and consumer protection.

Investment in Startups
In May, 2024, Microsoft AI Startup initiative and the DTIC agreed to a R1.32 billion investment for skills development in emerging technologies among black-owned SMMEs. The investment is intended to prepare South African startups for the "fourth industrial revolution". Small business will learn how to leverage the "companies cloud infrastructure, AI tools, and go-to-market support", so that they can scale. In the 2010 national budget, the department received an appropriation of 6,150.1 million rand, and had 1,140 employees. ==Subsidiary agencies==
Subsidiary agencies
The dtic Group includes various subordinate agencies which perform specific functions. These agencies are classified in three "clusters", as follows. Development Finance and Small Business Development Institutions • Export Credit Insurance Corporation (ECIC) • National Empowerment Fund (NEF) • Industrial Development Corporation (IDC) Regulatory Institutions • Companies and Intellectual Property Commission (CIPC) • Companies Tribunal (CT) • National Consumer Tribunal (NCT) • National Credit Regulator (NCR) • National Gambling Board (NGB) • National Lotteries Commission (NLC) • National Consumer Commission (NCC) Standardisation, Quality Assurance, Accreditation and Metrology Institutions • National Regulator for Compulsory Specifications (NRCS) • South African National Accreditation Systems (SANAS) • South African Bureau of Standards (SABS) • National Metrology Institute of South Africa (NMISA) ==See also==
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