Parliament, Monday, 16 October 2023 – The Portfolio Committee on Small Business Development invites interested individuals and relevant stakeholders to submit written comments and indicate interest in making oral submissions on the National Small Enterprise Amendment Bill [B16-2023].
Primarily, the Bill seeks to, amongst others, provide for the disestablishment of the Small Enterprise Financing Agency, the Co-operative Banks Development Agency and the Small Enterprise Development Agency and make provision for the establishment and registration of the Small Enterprise Development Finance Agency (SEDFA), as well as the establishment of the Office of the Small Enterprise Ombud Service.
Furthermore, it makes provision for the Minister to declare certain practices in relation to small enterprises to be prohibited as unfair trading practices and make regulations; provide for the transitional arrangements necessitated by the establishment of SEDFA; and to effect consequential or necessary amendments to the Co-operative Banks Act of 2007, as well as the Co-operatives Act of 2005.
Written submissions must be directed to the Committee Secretary, Mr Noel King Kunene, at the 3rd floor, 90 Plein Street, Cape Town 8000, or e-mailed to smallenterprisebill@parliament.gov.za by or no later than Tuesday, 31 October 2023. In addition to the written comments, interested individuals and relevant stakeholders should indicate their interest in making a verbal presentation. For inquiries, please contact Mr Noel King Kunene on Tel: 021 403 3772; Cell: 071 363 2252 or e-mail: kkunene@parliament.gov.za
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Email: jmolafo@parliament.gov.za
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