Search results
Results from the WOW.Com Content Network
The Department of Small Business Development (DSBD) is one of the ministries of the South African government. It was established in 2014 to support small businesses and cooperatives. [2] The current political head of the department is the Minister of Small Business Development, Stella Ndabeni-Abrahams who replaced Khumbudzo Ntshavheni in 2021. [3]
President Jacob Zuma announced the formation of the new Small Business Development Ministry on 25 May 2014. [1] Its purpose was to promote and develop small businesses and co-operatives by focusing on both economic incentives and legislation so as to stimulate entrepreneurship in South Africa and transform the lives of economically disadvantaged people.
[3] Small business will learn how to leverage the "companies cloud infrastructure, AI tools, and go-to-market support", so that they can scale. [ 4 ] In the 2010 national budget, the department received an appropriation of 6,150.1 million rand , and had 1,140 employees.
The minister is responsible for the development and implementation of industrial policy in South Africa. The ministry oversees 17 government agencies, providing for industrial funding, competition policy, black economic empowerment policy, consumer protection, trade policy and technical standards.
The executive branch of the national government of South Africa is divided into the cabinet and the civil service, as in the Westminster system. Public administration, the day-to-day implementation of legislation and policy, is managed by government departments (including state agencies with department status), which are usually headed by permanent civil servants with the title of director ...
The Department of Economic Development was the department of the South African government responsible for economic policy, economic planning and economic development. It was established in 2009 after the election of President Jacob Zuma. From 2009 to 2019, the Minister of Economic Development was Ebrahim Patel and his deputy is Madala Masuku.
Qualifying Small Enterprises (QSEs) are part of one of the categories of South African businesses as per the Broad Based Black Economic Empowerment Act. "The Broad-Based Black Economic Empowerment Act (53/2003): Codes of Good Practice on Black Economic Empowerment" was gazetted on 9 February 2007.
In South Africa the Department of Public Enterprises is the shareholder representative of the South African Government [1] with oversight responsibility for state-owned enterprises in key sectors. Some companies are not directly controlled by the Department of Public Enterprises, but by various other departments.