SMD

Annual Report 2023/2024

5.

TRANSFER PAYMENTS

5.1. Transfer payments to public entities The DSBD has established quarterly performance reporting procedures to track progress pertaining to expenditure on the funds allocated to public entities. This is augmented by public entities’ performance reviews through the structures such as the Governance Forum, which is chaired by the DSBD Director-General.

Achievements of the public entity R’000 Accounted for in the Seda 2023/24 Annual Report.

Amount spent by the public entity. R’000

Name of Public Entity

Key Outputs of the public entity

Amount transferred to the public entity. R’000

1 226 206 Accounted for in the Seda 2023/24 Annual Report.

Seda

% Business registrations. % Business planning. % Business advice counselling and training. % Facilitation of access to finance. % Facilitation of access to markets. % Co-operatives support. % Business incubation. % Targeted small enterprise training % Product Markets % Energy intervention % General dealers % Asset assist programme % Capacity-building programme for economic development provision of technical capacity and skills development. % Township and Rural Entrepreneurship Fund And COVID-19 – Emergency Fund. % Technology programme access to technology.

Accounted for in the Seda 2023/24 Annual Report. Accounted for in the Seda 2023/24 Annual Report.

160 466 Accounted for in the Seda 2023/24 Annual Report. 16 274 Accounted for in the Seda 2023/24 Annual Report.

Seda

Seda

sefa

Accounted for in the sefa 2023/24 Annual Report.

294 514 Accounted for in the sefa 2023/24 Annual Report.

sefa

Accounted for in the sefa 2023/24 Annual Report. Accounted for in the sefa 2023/24 Annual Report.

% Blended Finance.

384 951 Accounted for in the sefa 2023/24 Annual Report. 2 510 Accounted for in the sefa 2023/24 Annual Report.

sefa

% Finalisation of the

merger process of the three entities (Seda, sefa and CBDA).

66

Department of Small Business Development • PERFORMANCE INFORMATION • Part B