National strategy on red tape reduction in the pipeline
The small business development minister says the plan should be ready by the end of 2019
Small business development minister Lindiwe Zulu is driving the development of a draft national strategy to reduce red tape for small businesses, which she anticipates will be ready by the end of 2019 for consultation. Red tape and the bureaucratic hurdles small businesses have to overcome has long been a burden on their development even though small businesses are regarded internationally as the engine of economic growth. In a written reply to a parliamentary question by DA MP Hendrik Kruger, Zulu said “the urgent need for a national strategy on red tape reduction is important”. She added that the strategy would provide a clear programme of action for the period 2020-2024. The cost of developing the strategy is estimated at R2m. The department of small business development hosted a national indaba on red tape strategy in November to assess key red tape reduction initiatives. Zulu believes it is premature to prepare draft legislation for the reduction of red tape because a strategic...
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