1. The purpose of the review is to determine the money spent, by government on Small Medium and Micro Enterprises and the impact thereof. This will be done in order to ascertain the effectiveness government programmes and to improve interventions going forward.
2. However, the Department of Small Business Development has just recently, 1 April 2016, established its Policy and Research Branch. This component in conjunction with the relevant stakeholders, in the focus of developing the research agenda that will inform the policy formulation within the Department of Small Business Development. Given this fact, no timeframe has yet been formulated for the review in question and it is also dependent on the available resources within the Department of Small Business Development. With this in mind and the multi-faceted nature of the review it is safe to say that the Department will take a phased approach to implementing the said review.
3. It is reasonable to assume that the review will consider the value of investment by Government and impact thereof. It might be difficult to determine the total universe of private sector investment, however it will be borne in mind in the planning of the review.