Official source
Source domain: dsbd.gov.za
Collected on 6 August 2026
Always confirm details on the official source before acting.
What this means
This is the official Annual Report of the Department of Small Business Development for the 2019/20 financial year, detailing its strategic goals, performance, financial statements, governance, human resources, and key initiatives. The report outlines the department's focus on supporting SMMEs through policy frameworks, funding models like the Blended Finance Model and Township Entrepreneurship Fund, and efforts to reduce red tape via a Common Application Template. It also highlights the impact of the COVID-19 pandemic, which led to reprioritization of R299 million towards the SMME Debt Relief Scheme.
Facts
Amounts
R 2 269 000 000, R 1 762 000 000, R 80 000 000
Key Takeaways
- 2019/20
- R2.269 billion budget
- R1.762 billion allocated to agencies
- R80 million set aside for Blended Finance Model
- R299 million reprioritized for SMME Debt Relief Scheme
- 4th March 2020 - Cabinet approval of Township Entrepreneurship Fund framework
- Common Application Template launched
- Pitch-for-Funding platform rolled out
- COVID-19 pandemic impacted fourth quarter
- SMME Ombud amendment not concluded
- Department of Small Business Development
- Small Enterprise Finance Agency (SEFA)
- Small Enterprise Development Agency (SEDA)
- Minister Khumbudzo Ntshavheni
- Deputy Minister Nokuzola Capa
- Acting Director-General Lindokuhle Mkhumane
- Cabinet
- Auditor-General of South Africa
- Portfolio Committee on Small Business Development
- Select Committee on Trade and Industry, Labour and Employment, Tourism and Small Business Development
Dates
Closing Date
4 March 2020