SMD

Annual Report 2023/2024

Reasons for deviations

Manguzi Market stalls was not completed due to

outstanding matters that included Electrical and

Plumbing Installations that

were yet to be done by the Municipality and Eskom.

At the end of the reporting

period for 2023/24 financial year, the Avocado Oil Processing Facility and Expansion

Project had building

materials that were yet to be delivered to the site. These included:

gutters and downpipes,

external roll up doors, roof

ventilators, material for the

mezzanine floor above the office and toilets

Both the Business Licensing Policy and Bill have been approved for gazetting

for public comment. It is

expected that the Bill will be ready to present to

Parliament in Quarter 4 of

the 2024/25 financial year.

Deviation

target to Actual Achievement 2023/2024

from planned

Two (2) Business Infrastructure

projects were not completed.

The OCSLA did not

certify the Bill during the period under review but had

issued another legal

opinion on the 10th of October 2023.

The conditional

certification was

received from OCSLA during Quarter4 of 2023/24.

**Actual

Achievement 2023/2024

Target not

achieved:

Five (5) approved business

infrastructure

for SMMEs and

Co-operatives

refurbished or built.

Target not

achieved:

Businesses

Amendment Bill

was not submitted

to the Minister for introduction to Parliament.

Planned Annual Target 2023/2024

Seven (7)

approved business infrastructure

for SMMEs and

Co-operatives

refurbished or built.

Businesses

Amendment Bill submitted to

the Minister for

introduction to Parliament.

Audited Actual Performance 2022/2023

N/A Target not

achieved:

Two (2) business infrastructure

for SMMEs and

Co-operatives

refurbished or built.

N/A Target

Achieved:

Two (2) progress reports on the

review of the Businesses

Amendment Bill and proposed changes

approved by EXCO.

Programme Two: Sector and Market Development

Audited Actual Performance 2021/2022

Outcome Output Output

Indicator

Number of

approved

business

infrastructure for SMMEs and

Co-operatives

refurbished or built.

Businesses

Amendment

Bill submitted to the

Minister for

introduction

to Parliament.

3.1 Approved Business

infrastructure

for SMMEs and

Co-operatives

refurbished or built.

4.1 Businesses

Amendment

Bill submitted

to Parliament.

3. Expanded access to

financial and

non-financial

support and

implemented responsive

programmes

to new and existing

SMMEs

and Co

operatives.

4. Reduced

regulatory

burdens

for small

enterprises.

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Department of Small Business Development • PERFORMANCE INFORMATION • Part B