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SMME Job Creation in South Africa Report a GEC+Africa 2024 Legacy Project – 24 January 2024

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Press Release | January 24, 2024

A WHITE PAPER ON SMME JOB CREATION IN SOUTH AFRICA

 

The National Planning Commission (NPC) recently released its ten-year review of the National Development Plan (NDP). The NDP review revealed that the vision for South Africa outlined in the NDP has not been realised over the past decade. The review revealed that the NDP has been marginalised, leading to fragmented planning and ineffective implementation.

The report lists the reasons for not meeting the NDP goals as varied and interconnected, including systemic issues exacerbated by factors like the COVID-19 pandemic, unsuitable policies, declining governance, corruption, rising crime and growing social fragmentation.

This paper was inspired by the 10 Year Review of the National Development Plan 2012 – 2022 (Dept. The Presidency, Sept. 2023) to offer an opinion on one of the triple challenges of the NDP, unemployment. The NDP places the responsibility of creating 90% of all jobs in the workforce in South Africa on the SMME sector [Small Business and Township Economies]. The small business sector, which had an estimated 2.5 million small businesses in 2019, was most severely affected by the Covid-19 pandemic lockdown.

COMPLETE THE FORM BELOW TO DOWNLOAD THE FULL REPORT:


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