SMD

Annual Report 2023/2024

4.2.6. Strategy to overcome areas of under performance Area of Underperformance Extent of Underperformance Strategies to overcome the areas of underperformance Two (2) Monitoring Reports on the Incubation Support Programme Improvement Plan approved by EXCO. One (1) Monitoring Report on the Incubation Support Programme Improvement Plan was approved by EXCO. Seven (7) approved business Infrastructure for SMMEs and Co-operatives refurbished or built. Five (5) approved business infrastructure for SMMEs and Co-operatives refurbished or built. Businesses Amendment Bill submitted to the Minister for introduction to Parliament. Businesses Amendment Bill was not submitted to the Minister for introduction to Parliament.

The Department has received conditional certification from OCSLA indicating that the Department can proceed to submit the Bill to Cabinet but must first attend to and re-draft a number of clauses. The draft National Business Licensing Policy was gazetted for public comments from 1 to 31 March 2024. The Department secured a legal firm to assist in re-drafting the Bill as per OCSLA’s opinion and review. The Department plans to submit the Bill to Cabinet as soon as normal Cabinet schedule resumes during the Seventh Administration.

The two outstanding business infrastructure projects are to be completed during the 2024/25 financial year.

One (1) Monitoring Report on the Incubation Support Programme Improvement Plan was approved by the Accounting Officer. Going forward, the Department will ensure that it gets approved by the EXCO.

4.2.7. Performance in relation to Standardised Outputs and Output Indicators for Sectors with Concurrent Functions Not applicable to the DSBD.

Part B • PERFORMANCE INFORMATION • Department of Small Business Development

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