Question NW4201 to the Minister of Small Business Development
08 January 2024 - NW4201
De Villiers, Mr JN to ask the Minister of Small Business Development
Whether, with regard to the energy relief package promised to small-, medium-, informal-and micro businesses, there has been any consultation with the National Treasury and/or other relevant stakeholders to ensure the feasibility and funding of the initiative; if not, what is the position in this regard; if so, what are the relevant details of such consultations?”
Reply:
I have been advised that:
The Department of Small Business Development engaged the National Treasury in March 2023 for funding to assist SMMEs to deal with the effects of load shedding under a programme called “Energy Relief”, also known as “the Power Purchase”, and the request was not approved by the National Treasury.