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Small Business Development
“The Unseen Sector”: Research paper by International Finance Corporation & World Bank
13 Nov 2019
The Unseen Sector: A Report on the MSME Opportunity in South Africa
“The Unseen Sector,” jointly prepared by the World Bank Group and the South African Department of National Treasury, was a report which focused on the size and profile of the micro, small and medium enterprise (MSME) market. It ...
Small Business Development
Access to Affordable Business Premises and Infrastructure briefing
6 Nov 2019
The Committee was told that the major challenges faced by small businesses in accessing affordable business premises and infrastructure were the high initial costs incurred in securing services, such as electricity installation, the time taken for applications to be approved, and the maintenance and expansion of infrastructure to rural and ...
Small Business Development
Entrepreneurial Finance Imperative for Growth and Employment: briefing by Content Advisor
23 Oct 2019
The Committee met to discuss how accessible financial institutions were to small business enterprises in the country, and to consider recommendations on how the situation could be improved. The key points which arose from the briefing focused mainly on the bureaucratic red tape that negatively affects small businesses, as well ...
Public Accounts (SCOPA)
Audit Outcome 2018/19: briefing by Auditor General
23 Oct 2019
Parliament’s Standing Committees on Public Accounts and Appropriations were told that the key message from the 2018/19 audit outcomes of government departments and state-owned entities (SOEs) was that preventive controls, strong consequence management and an effective monitoring culture were still lacking.
Of the 432 entities that were audited, 100 had ...
Small Business Development
Small Business Development Budget Review and Recommendations Report
16 Oct 2019
Available here once adopted: BRRR 2019
The Portfolio Committee reviewed and adopted the minutes of its meetings on 11 September 2019 and 08 October 2019 respectively, without amendments. They also considered the Budget Review and Recommendations Report (BRRR), and made some additional recommendations.
Members maintained that due to the ...
Small Business Development
DSBD, Seda & Sefa 2018/19 Annual Reports; with Deputy Minister
9 Oct 2019
The Committee met to be briefed on the 2018/19 Annual Reports of the Department of Small Business Development (DSBD) and two of its entities, the Small Enterprise Development Agency (SEDA) and the Small Enterprise Finance Agency (SEFA). The Deputy Minister was present.
The SEDA presentation covered performance ...
Public Accounts (SCOPA)
ESKOM oversight report
9 Oct 2019
The Committee met to consider and adopt its report on its oversight visit to the Medupi and Kusile power stations. The Chairperson went through the report with the Members and the draft report was amended substantively.
The Committee had met with ESKOM’s board and management, and had engaged with the ...
Small Business Development
Audit Outcomes: AGSA, DPME & FFC input
8 Oct 2019
The Committee received a briefing from the Auditor-General South Africa (AGSA) on the audit outcomes of the Department of Small Business Development (DSBD) and its entities. The Department of Planning, Monitoring & Evaluation (DPME) and the Financial & Fiscal Commission (FFC) also gave inputs.
The AGSA highlighted that the quality ...
Small Business Development
SEFA, SEDA, DSBD Quarter 1 Performance 2019/20
18 Sep 2019
The Small Enterprise Finance Agency, the Small Enterprise Development Agency and the Department of Small Business Development all acknowledged a below par Quarter 1 performance. Reasons were provided for the unachieved targets. DSBD had to wait for the confirmation of the priorities of the new Administration and ensure it had ...
Public Accounts (SCOPA)
Mafube & Masilonyana: audit outcomes hearing
17 Sep 2019
The Committee convened to interrogate two municipalities from the Free State province -- the Masilonyana and Mafube municipalities -- on the findings of the Auditor General (AG) and the steps they had taken to implement the recommendations. The two municipalities had aroused the displeasure of the Committee because their administrators ...