The Department was not aware of any agreement between the Department of Trade and Industry with SAMIC.
This challenge is largely due to the lack of a centralised Government wide database of defaulting beneficiaries, so that we are able to identify and isolate them until they comply with all prescripts of the contracts without fail.
Internally, the Department’s Legal Unit has initiated a recovery process and black listing of defaulters.
However, upon approving the grant, the Department entered into a contractual agreement with SAMIC stipulating terms and conditions of the funds dispersed to ensure that they will be used to achieve the intended purpose.