Nine small business development officials suspended over corruption claims
JOHANNESBURG - Several officials of the Department of Small Business Development have been suspended with immediate effect after serious allegations of corruption within the unit responsible for incentive scheme administration.
"The people of South Africa deserve a professional service dispersed equitably without fear or favour. Access to finance remains a critical challenge for SMMEs and Cooperatives and so, we had to act decisively on this matter in order to prevent the possible perpetuation of corruption and further prejudice to SMMEs and Cooperatives," Small Business Development Minister Lindiwe Zulu said.
"BBSDP is a cost-sharing grant offered to black-owned small enterprises to assist them to improve their competitiveness and sustainability whilst the CIS is a 100% grant for registered primary co-operatives," Department spokesperson, Noko Manyelo, said. The department said it will be laying criminal charges in cases of possible fraudulent activities against the official, grant applicants and service providers with the South African Police Services .
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