Minister Khumbudzo Ntshavheni responds to misinformation on Covid-19 expenditure
14 January 2021
The Minister of Small Business Development, Hon. KhumbudzoNtshavheni is appalled at the misinformation peddled by the DA about expenditure on small businesses COVID-19 relief funds. Just some few fact check would have clarified that the Department of Small Business Development had only managed to reprioritize only R500 million for the SMME Debt Relief and not the purported R1.4 billion as claimed by the DA.
Throughout 2020, the Department kept the nation updated on the progress with the expenditure on the SMME Debt Relief Fund. Just to re-state the facts, which are already in the public domain and audited by the Auditor-General of South Africa:
The SMME Debt Relief Scheme was administered by sefa (Small Enterprises Finance Agency), an agency of the Department of Small Business Development.
Sefa received 35 865 applications for the SMME Debt Relief Scheme of which 14 451 were fully completed, which equates to 40%; whereas the remaining 60% of applications, which is 21 414 were incomplete and they were referred to Seda to assist applicants to complete the applications.