SMD

Annual Report 2023/2024

Limpopo Sekhukhune Makhuduthamaga Rural 81 119 184 143 41 20 Limpopo Sekhukhune Ephraim Mogale Rural 20 25 40 27 13 11 Limpopo Sekhukhune Fetakgomo Rural 9 12 21 15 6 3 Limpopo Sekhukhune Elias Motsoaledi Rural 39 51 67 44 23 18 Limpopo Capricorn Molemole Rural 9 26 37 26 11 7 Limpopo Waterberg Thabazimbi Rural 9 21 33 28 5 3 Limpopo Mopani Ba-Phalaborwa Rural 13 20 34 28 6 0 KwaZuluNatal Ilembe Ndwedwe Rural 13 13 13 8 5 1

Eastern Cape Amathole Govan Mbeki Rural 1 1 1 1 0 0 Total 321 432 585 398 178 87

Eastern Cape Amathole Mbashe Rural 68 68 68 36 32 17

Youth

attendees

Male

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Female

attendees

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Number of

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Number

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of Co-

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operative

Matters raised by the Portfolio Committee Department’s response sefa has to keep a closer eye on MFIs and RFIs to ensure that they are following the government’s mandate of making finance available to all small enterprises and ensure equitable spread. The Committee will now examine sefa ’s quarterly reports to see if the operations of MFIs and RFIs are closely supervised. sefa ’s products Local Rural/ Urban

Municipality

A consolidated list is attached as Annexure C. However, approval is needed from Ministry to share the list as it has personal information that POPIA prohibits its sharing without first seeking approval from the individual Co-operatives. The summary of the cooperatives supported is as follows: Province District Municipality

Steps are being taken to reduce the cost of credit as referred to in 7.19. However, RFIs under Wholesale Lending are pricing within the prescripts of the NCA.

List provided as requested (through a separate attachment) [Annexure A].

and services should not compete with those of MFIs and RFIs. They should also not operate against the

government’s goal of making low-cost development credit available.

The Department seems to have turned the corner on the performance of co-operatives. According to the annual performance plan, 321 co-operatives were supported during the financial year under review, exceeding the

target by 121. As part of its role in exercising oversight on the programmes of the Department e.g., Co-operatives

Sector Development Programme, the Committee would appreciate it if the consolidated list of supported co operatives could be shared with the Committee by 30 November 2023.

As per above request, in order to adequately discharge its responsibility of overseeing the Departmental

programmes, the Committee would appreciate being provided with a list of 281 items manufactured by SMMEs and Co-operatives that were linked to the

domestic market by the conclusion of quarter three of the current financial year.

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Department of Small Business Development • GOVERNANCE • Part C