SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
O
Odyssey Tools
HomeMinister SalariesParks Tau
Trade, Industry and Competition · ANC

Parks Tau

ANCR232 680/monthGrade D · Poor

Parks Tau serves as Trade, Industry and Competition minister (ANC) and earns R2 792 155 per year — about R232 680 per month, roughly 39.5× the national minimum wage — at DPSA salary grade Grade EC — Pay Level 1. On this tracker's performance scorecard, Parks Tau is graded D (Poor), reflecting significant delivery shortfalls. Across 3 tracked KPIs, the portfolio recorded 2 notable achievements and 4 documented failures, at a budget spend rate of 68%. Trade and Industry struggled with industrial policy execution. Investment targets missed.

Salary breakdown

Annual salary

R2 792 155

Monthly

R232 680

vs minimum wage

39.5× min wage

Salary gradeGrade EC — Pay Level 1
Appointed3 July 2024
Statusactive
Department budgetDepartment of Trade, Industry and Competition (Vote 39)
Official vehicleState-allocated vehicle (within R800,000 threshold)

Salary source — DPSA 2025 approved rates

https://www.thedtic.gov.za

D

Performance Scorecard · Grade D (Poor)

Poor return on R2.8m

Trade and Industry struggled with industrial policy execution. Investment targets missed.

Key Performance Indicators

Fixed investment as % of GDPOff track

Target

23% by 2025

Actual

14.8%

officialStatsSA GDP Report Q4 2025
Manufacturing contribution to GDPOff track

Target

Halt decline at 12%

Actual

11.1% (continued decline)

officialStatsSA Q4 2025
Special Economic Zone job creationOff track

Target

15,000 new jobs

Actual

4,200 verified

officialDTIC Annual Performance 2025

Achievements

African Continental Free Trade Area protocols finalised

Extended automotive incentive scheme (APDP2)

Failures

Fixed investment at 14.8% — far below 23% target

Manufacturing contribution to GDP declined further to 11.1%

SEZ job creation only 28% of target

Industrial policy fragmented across multiple programmes

Budget spend rate

68%

National Treasury Vote 39, 2024/25

📱 Share this profile

Other ministers

Cyril RamaphosaThe PresidencyR279 063/moPaul MashatileDeputy PresidentR273 743/moEnoch GodongwanaFinanceGrade B
View the full Minister Salary & Scorecard dashboard →

Salary figures from DPSA 2025 approved rates for office-bearers. Where a performance scorecard is shown, KPIs are drawn from official and media sources labelled per indicator. Independent public-accountability tool — not affiliated with any political party.