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The Department of Small Business Development has gazetted proclamations immediately replacing the schedule to the National Small Business Act, No. 102 of 1996, which prescribes the criteria for classifying enterprises as micro, small, or medium. The Department of Small Business Development has invited public comment on a draft strategy designed to create a supportive ecosystem for economic growth and innovation. The Department of Small Business Development has published a draft incubation business development policy framework for public comment, targeting structural support for MSMEs and co-operatives. The Department of Small Business Development has released the draft Business Licensing Bill for public comment, proposing the repeal of the Businesses Act, No. 71 of 1991. The Department of Small Business Development has published draft amendments to the criteria for classifying micro, small, and medium enterprises under the National Small Enterprise Act, No. 102 of 1996. The Department of Small Business Development has gazetted the National Business Licensing Policy to streamline regulatory processes and introduce a digital licensing portal.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
