“The Unseen Sector”: Research paper by International Finance Corporation & World Bank
13 Nov 2019
The Chairperson said that reports were clearly indicating that small, medium and micro enterprises (SMMEs) were dying. The triple challenges which the country was faced with were poverty, unemployment and inequality. The numbers of the unemployed were growing daily, especially among the youth. This was a huge crisis. If there ...
Access to Affordable Business Premises and Infrastructure briefing
6 Nov 2019
The Chairperson thanked the Department of Small Business Development (DSBD) for the induction and training on small businesses which had equipped the Members with in-depth knowledge on the sector. The induction would enable them to fulfil the resolution in the manifesto, the budget speech by the Minister of Finance and ...
Access to Markets – Major Issues for consideration
30 Oct 2019
The Chairperson referred to the alarming unemployment statistics released by Stats SA, and said the Department of Small Business Development (DSBD) could assist in stimulating economic growth. However, there were stumbling blocks that were faced by entrepreneurs and small businesses, as they did not have access to funding. The meeting ...
Entrepreneurial Finance Imperative for Growth and Employment: briefing by Content Advisor
23 Oct 2019
The Chairperson commented that it was in the Committee’s best interest to understand the challenges faced by government so that decisive decisions could be made, and changes implemented. The biggest concern was the high unemployment rate and stagnant economy. These issues should be projected not only towards the Minister ...
Small Business Development Budget Review and Recommendations Report
16 Oct 2019
The Chairperson said the purpose of the meeting was the consideration of the Budget Review and Recommendation Report (BRRR) for 2019. The Committee had a session last week where departments and entities had presented their findings and annual reports, so it was the role of the Committee which was tasked ...