Thursday, 29 November 2018

Declaration in the National Assembly on Vote 31 of the budget adjustments

 Declaration on Vote 31 of Votes and Schedules 
28th November 2018
Small Business Development

South Africa and this House have heard the ANC speak ad nauseam about the central role small businesses play, or should play, in our economy.

But the plain fact is, with economic growth of less than 1% our economy and the fortunes of small business are going backwards, not forwards.

This department is but a blip on the radar of small businesses struggling to survive a deluge of red tape, inaccessible government support and an unfriendly business environment.

It is totally irrelevant to the vast majority of them. With the result that it is incapable of making a dent in the 9,7 million unemployment queue.

Small businesses have the potential to create millions of jobs in South Africa but this department has shown little capacity to be the driver of government initiatives to make this happen.

The DA rejects this budget adjustment.

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