Monday, 11 May 2015

Resolution on enterprise and opportunity moved at the DA Federal Congress

Apart from listening to the debate on the family (see my previous blog post), earlier on Saturday I seconded a motion (proposed by Dean Macpherson) promoting enterprise, freedom and opportunity. Here it is below. I'm pleased to say the motion was carried.

The Democratic Alliance recognises that unemployment and poverty remain significant challenges to a large proportion of our people. Currently, 36% of South Africans are unemployed and 20% are living in extreme poverty. Since Jacob Zuma became President in 2009, 1.4 million additional South Africans have become unemployed. Our economy has also experienced depressed economic growth over this period, with the current growth forecast for 2015 only being 2%.

The DA believes that:

•     As the party of freedom, opportunity and enterprise, it is our responsibility to foster an entrepreneurial culture;
•     Significant job creation in our economy can be driven by the formation and growth of new businesses;
•     South Africa’s economy can thrive in an environment unburdened by restrictive regulations and red tape;
•     Businesses should be incentivised through innovative tax and other stimulatory measures so as to create new jobs to bring unemployment, and thus inequality, down from today’s unacceptable levels;
 Resolves that a DA government will:

•     Grow our way to economic prosperity through increased incentives for manufactures, entrepreneurs, building a capable state that can achieve 8% growth;
•     Reduce the regulatory burden on businesses, with an aim to encourage the formation of new businesses, and spur the growth and success of existing enterprises;
•     Cut corruption from R30 billion per year and use these savings to reduce tax;
•     Establish a national guarantee/ capital venture fund to draw the private sector and state together in support of new businesses.


 Proposer: Dean Macpherson,   
Seconder: Toby Chance 

The vexing issue of family and the DA

On Saturday delegates to the DA Federal Congress in Nelson Mandela Bay deliberated and voted on a number of amendments to the Federal Constitution. The most contentious of these concerned whether the party's recently-finalised vision and values charter, which forms the preamble to the amended constitution, should include a section on family.

Thursday, 7 May 2015

Press Statement: DA calls for unified agency to support job-creating entrepreneurs

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. 

Monday, 4 May 2015

Letter in Business Day: SA must nurture entrepreneurship

Today's Business Day features my letter on entrepreneurship which was prompted by three recent articles in their excellent new comment and opinion pages, as well as my visit to Riversands Incubation Hub last week.

I am very pleased Mmusi Maimane is pushing the need to support entrepreneurship in his campaign to take over from Helen Zille as DA leader. For without entrepreneurs, we will not meet our job creation target of 11 million new jobs by 2030. Big businesses shed jobs to cut costs to become more competitive, new and growing businesses create them. Government's top priority must, therefore, be to introduce policies that maximise the job-creating opportunities for new and growing business.

You can read my letter on BDLive here or the unedited version below:

May I commend you on your new opinion and commentary section in the revamped Business Day. There is always something new and interesting to read.

Wednesday’s edition featured two articles of particular relevance to South Africa’s prospects. It is common cause that job creation will depend on the formation and growth of small and medium enterprises, which in turn will depend on their being nurtured and provided with opportunities to enter the mainstream economy. In the longer term, an entrepreneurial economy requires an education system which teaches and instills an entrepreneurial culture in our youth.

Wednesday, 29 April 2015

Riversands Incubation Hub - pioneering small business development

Today I visited Riversands Incubation Hub near Diepsloot in north west Johannesburg at the invitation of Anne Vicente who handles its PR and marketing. She is doing a good job - today's Business Day has a feature by Lesley Stones on the hub - you can read it here. Stones is upbeat about its vision and conveys the staff's sense of excitement about its potential impact on small business development.

I won't repeat what she says in her article but add a few observations of my own and comments from Anne and the hub's CEO, Jenny Retief who spent a valuable hour with me after my tour.

Thursday, 16 April 2015

Small Business Development Portfolio Committee Chair opposed to transparent oversight

Yesterday's portfolio committee on Small Business Development revealed that Chairperson Ruth Bhengu is more interested in protecting government agencies and hiding inconsistencies in the ANC's economic policy than conducting transparent and effective parliamentary oversight.

The Small Enterprise Finance Agency (SEFA) previously reported directly to Minister Ebrahim Patel’s Department of Economic Development, but as of 1 April 2015, SEFA now reports to Lindiwe Zulu as the Minister of Small Business Development. Therefore oversight of SEFA is the responsibility of the Small Business Development portfolio committee.

Monday, 13 April 2015

Job-creating Gauteng Township Industrial Parks should be Minister Zulu's top priority



Democratic Alliance press statement by
Toby Chance MP
DA Shadow Minister of Small Business Development 

13 April 2015
Release: immediate

Note to editors: The following remarks were made today by the DA’s Shadow Minister of Small Business Development, Toby Chance MP, following an oversight visit to two Township Industrial Parks in Pennyville and Orlando West, Gauteng.

Today I witnessed first-hand a tragic missed opportunity to stimulate enterprise and create the jobs our country so desperately lacks.
On visiting two of Gauteng’s Township Industrial Parks, in Pennyville and Orlando West, it became clear that both national and provincial government have displayed sheer neglect in supporting, maintaining and advancing these parks in order to create jobs and grow the township economy.