JOHN DLUDLU: Time to pause amendments to small business law
While the objectives are sound, there are serious doubts that the solutions are fit for purpose
In the past month MPs have been criss-crossing the country holding public hearings on a dozen bills they want passed before the 2024 elections. Included in this raft are amendments to the National Small Enterprise Act.
The bill, which has been approved by the cabinet and is now being rushed through the parliamentary processes, seeks to establish a single agency — to be called the Small Enterprise Development Finance Agency — to provide financial and nonfinancial support to small businesses; to establish a small business ombud office to handle complaints by small business owners; and to set up an advisory body. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.