Small Business Development
Processes and procedures in developing legislation; Summary and analysis of legislation administered by DSBD
27 Nov 2019
Members of the Portfolio Committee were made aware of how a Bill was tabled in Parliament, and the various processes involved before it became law. The Committee’s researcher gave a detailed explanation of the different types of Bills that could be initiated, and the criteria that determined whether they would ...
Small Business Development
DSBD 2019/10 Quarter 2 Performance & Action Plan on Auditor-General’s Findings and Recommendations
20 Nov 2019
The Small Enterprise Development Agency (SEDA) said it had performed reasonably well against its approved performance plan, exceeding its targets and indicators in many areas. It had achieved 28 of its 31 indicators, representing an 88% performance. There had been improvements in the enterprise development programme, the SEDA development programme ...
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
Access to Markets – Major Issues for consideration
30 Oct 2019
There was a general consensus that the small business sector was the backbone for many emerging economies, and contributed massively to their Gross Domestic Products (GDPs). The main aim of the presentation was to identify the key snags restricting access by Small, Medium And Micro Enterprises (SMMEs) and cooperatives, to ...
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 ...
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 ...
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 ...