SMD

Annual Report 2023/2024

Reasons for deviations

Demand-pull factors:

Efficient collaborations with the retailers and wholesalers.

Some retailers agreed to

more products on the lists in anticipation of the risk

that not all products will be ready for listing.

The GEC Africa plus held in Cape Town in March 2024

provided an opportunity to

expose additional SMMEs to

global market opportunities. The monitoring report for the

Incubation Support Programme (ISP)

improvement Plan was not

achieved during Quarter 2. During Quarter 3, relevant stakeholders were

consulted to strengthen the content of the monitoring report, which was then approved by the Accounting

Officer instead of EXCO.

Deviation

target to Actual Achievement 2023/2024

from planned

Additional 35

products produced by SMMEs and Co

operatives linked to domestic market.

117 additional

SMMEs were

exposed to

global market

opportunities.

One (1) Monitoring Report on the Incubation Support

Programme

Improvement

Plan was not

approved by EXCO.

**Actual

Achievement 2023/2024

Target Achieved: 285 products

produced and

services rendered by SMMEs and

Co-operatives

linked to domestic market.

Target Achieved: 317 SMMEs and Co-operatives exposed to

global market

opportunities.

Target not

achieved: One (1)

Monitoring

Report on

the Incubation Support

Programme

Improvement

Plan was approved by EXCO.

Planned Annual Target 2023/2024

250 products

produced and

services rendered by SMMEs and

Co-operatives linked to

domestic

market.

200 SMMEs and Co-operatives exposed to

global market

opportunities.

Two (2)

Monitoring

Reports on

the Incubation Support

Programme

Improvement

Plan approved by EXCO.

Audited Actual Performance 2022/2023

Target

Achieved:

281 products produced

and services

rendered by

SMMEs and Co

operatives linked to domestic market.

Target Not

Achieved:

68 SMMEs and

Co-operatives linked to

global market

opportunities.

Target not

achieved: Two (2)

Monitoring

Reports on

the Incubation Support

Programme

improvement plan not

approved by EXCO.

Programme Two: Sector and Market Development

Audited Actual Performance 2021/2022

Target Achieved: 288 products

produced and

services rendered by SMMEs and

Co-operatives

linked to market.

Target Achieved: 242 SMMEs and Co-operatives exposed to

international market

opportunities.

Target Not

Achieved:

Incubation Support

Programme (ISP) evaluation not

conducted and approved by EXCO.

Outcome Output Output

Indicator

Number of

products

produced and services

rendered by

SMMEs and

Co-operatives linked to

domestic

market.

Number of

SMMEs and

Co-operatives exposed

to global

market

opportunities.

Number of

Monitoring Reports

on the

Incubation Support

Programme

Improvement Plan

approved by EXCO.

Products

Produced

and services

rendered by

SMMEs and

Co-operatives linked to

domestic

market.

1.2. SMMEs and

Co-operatives exposed to

global market

opportunities.

2.1. Incubation Support

Programme

Improvement Plan

monitored.

1. Increased

participation of SMMEs and Co

operatives in

domestic and

international markets.

2. Scaled-Up and

coordinated

support for

SMMEs, Co

operatives,

Village and

Township

Economies.

4.2.5 PROGRAMME TWO: SECTOR AND MARKET PERFORMANCE AGAINST THE REVISED AND RE-TABLED 2023/24 ANNUAL PERFOMANCE PLAN Table 4.2.5.1 Programme Two: Outcomes, Outputs, Output Indicators, Targets and Actual Achievements

Part B • PERFORMANCE INFORMATION • Department of Small Business Development

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