7 May 2015
Release: immediate
The immediate merger of the Small
Enterprise Finance Agency (SEFA) and the Small Enterprise Development Agency
(SEDA) into one, unified and mandated agency providing support for new and
existing small businesses and entrepreneurs cannot be delayed any longer.
I will today write to the Minister
of Small Business Development, Lindiwe Zulu, calling for this merger to be
instituted without delay, as a necessary step towards job creation in the
private sector.
This comes after yesterday’s mammoth
eleven hour meeting of the Portfolio Committee on Small Business Development,
in which it became clear that the department is failing in its mandate to
support and promote small businesses and entrepreneurs in South Africa.