Glossary

AMD
Asset Management Division
APP
Annual Performance Plan
Approved
Final committee approval obtained, legal agreements not signed
B-BBEE
Broad-Based Black Economic Empowerment
BFS
Bankable Feasibility Study
Commitments
Legal agreemnts signed. (Deals may have been approved in current and previous financial periods.) All Conditions Precedent may not have been met yet
CP
Construction Phase
CPs
Conditions Precedent

DFIs
Development Finance Institutions 

Disbursements
Total cash advancements made against all approved deals (deals may have been approved in current and previous financial periods) subject to all Conditions Precedent having been satisfied by the investee
Drawdowns
Advances made against disbursed facilities
EC
Eastern Cape
EIA
Environmental Impact Assessments
ETF
Exchange Traded Funds
FC
Financial Closure
FMD
Fund Management Division
FS
Free State
GDP
Gross Domestic Product
IAS
International Accounting Standards
IDC
Industrial Development Corporation
IPAP
Industrial Policy Action Plan
IPF
Industrial Policy Framework
IRR
Internal Rate of Return
KZN
KwaZulu-Natal
KPI
Key Performance Indicator
MBO
Management Buy-Out
MOU
Memorandum of Understanding
MP
Mpumalanga
NC
Northern Cape
NCOP
National Council of Provinces
NEF
National Empowerment Fund

NIPF
National Industrial Policy Framework

PFMA
Public Finance Management Act

PFS
Pre-feasibility study

PIU
Pre-Investment Business Support Unit

POIU
Post Investment Business Support Unit
RMC
Risk and Portfolio Management Committee
ROI
Return on Investment
SAIs
State-Allocated Investments
SME
Small and Medium Enterprise
SOCE
State Owned Commercial Enterprise
SPF 
Strategic Projects Fund
TC
Technical Completion
WC
Western Cape

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