Question NW471 to the Minister of Small Business Development

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09 March 2023 - NW471

Profile picture: Krumbock, Mr GR

Krumbock, Mr GR to ask the Minister of Small Business Development

What (a) is the salary of each (i) chief executive officer and (ii) top executive position in each state-owned entity reporting to her and (b) total amount does each get paid to attend a meeting?”

Reply:

The Small Enterprise Development Agency (Seda):

a) Annual package of Top management in Seda:

Title(i) & (ii)

Annual package in Rands

Acting Chief Executive Officer

R 2 682 646

Executive Manager: Enterprise Development

R 1 846 069

Executive Manager: Seda Technology Programme

R 1 800 000

Chief Strategy Information Officer

R 1 737 200

Acting Chief Financial Officer

R 1 737 200

Acting Executive Manager: Corporate Services

R 1 737 200

TOTAL

R 11 540 315

b) No payments for meetings attended.

The Small Enterprise Finance Agency (sefa):

a) The salaries of all executives are disclosed in the sefa annual report each year, including the Chief Executive Officer. Please refer to the attached extract from the financial statements, Annexure A (note 10.2.2) in the financial statement section of the annual report on our website.

b) Executives are not remunerated for attending meetings as they are Executive Officials and not Non-Executive Directors.

STELLA NDABENI ABRAHAMS

MINISTER: DEPARTMENT OF SMALL BUSINESS DEVELOPMENT