SMD

Annual Report 2023/2024

Targets

Reasons for

revisions to the

Outputs / Output

indicators / Annual

Output / Output

indicator / Annual Target was

revised due to

cost containment measures that

were introduced by National Treasury.

Output / Output

indicator / Annual

Target was revised

to accommodate

the TREP change as it is embedded in

the total number of consolidated

report on the 50 000

competitive SMMEs and Co-operatives supported.

which is offered by sefa .

deviations

Reasons for

The under

performance in

the quarter under

review has been

recorded on the

financial support

Target was not yet due

planned target to Actual

Achievement 2023/2024 20 064

Deviation from

Township

and Rural

enterprises were not supported financially

and/or non

financially.

Consolidated report on

the 50 000

competitive

SMMEs and

Co-operatives

Supported was

not approved by EXCO.

*Actual

Achievement 2023/2024 until 16

October 2023 Target not

achieved:

9 936 Township and Rural

Enterprises

supported

financially

and/or non

financially.

Target Not

Achieved:

Consolidated

report on the 17

465 competitive SMMEs and

Co-operatives

Supported was

not approved by EXCO.

Planned

Annual Target 2023/2024

30 000

Township and

Rural Enterprises supported financially

and/or non

financially.

Consolidated report on

the 50 000

competitive

SMMEs and

Co-operatives supported

approved by EXCO.

Actual

Audited

Programme Three: Development Finance Performance 2022/2023 Target Not Achieved: 18 759 Township and Rural

enterprises

supported

financially

and/or non-

financially.

Target

Achieved:

Consolidated report on

the 28 484

competitive

SMMEs and

Co-operatives supported

approved by EXCO.

Achieved :

Actual

Audited

Performance 2021/2022

Target not

achieved:

Township

and rural

enterprises

supported

to the value

of R545 533 667.77

Target

Consolidated report on

the 70 384

competitive

SMMEs and

Co-operatives supported

approved by EXCO.

Outcome Output Output

Indicator

Number of

Township and Rural

Enterprises

supported

financially

and/or non

financially.

Consolidated

report on the number of

competitive

SMMEs and

Co-operatives supported

approved by EXCO.

Township

and Rural

Enterprises

supported

financially

and/or non

financially.

Consolidated report on

supported

Competitive

SMMEs and

Co-operatives produced.

PLAN

Expanded

access to

financial and

non-financial

support and

implemented responsive

programmes

to new and existing

SMMEs

and Co

operatives.

4.3.4 PROGRAMME THREE: DEVELOPMENT FINANCE PERFORMANCE AGAINST THE ORIGINALLY TABLED 2023/24 ANNUAL PERFOMANCE Table 4.3.4.1 Programme Three: Outcomes, Outputs, Output Indicators, Targets and Actual Achievements

Part B • PERFORMANCE INFORMATION • Department of Small Business Development

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