SMME definition

SMME means small, medium and micro enterprises namely Exempted Micro Enterprises and Qualifying Small Enterprises
SMME s means small, medium and micro enterprises in the supply chain management system of the Municipality;
SMME means small, medium, and micro enterprises as defined in the National Small Business Act, Act No. 102 of 1996. The Act classifies small businesses according to size, and in descending order as medium, small, very small or micro enterprises.

Examples of SMME in a sentence

  • Semi-skilled repair and maintenance workers working under the supervision of a qualified artisan in SMME manufacturing industries Hospitality and Tourism Multi-skilled repairs and maintenance of hotels and other forms of accommodation, and tourism sites.

  • Support will be provided to large and SMME employers to access demand-side incentives to fund the on-the-job training component, including the Employment Tax Incentive (ETI) and SETA grants as well as YES.

  • CCMA information suggests that approximately 80% of their cases come from SMMEs. The overall objective of this initiative is for BUSA together with the Commission for Conciliation Mediation and Arbitration (CCMA), to develop a self-service, web- based tool for SMMEs with the purpose of improving employer and worker understanding and compliance, reducing red-tape and the associated costs and contributing to workplace stability and certainty in SMME workplaces.

  • According to the Banking Association of SA research, SMME financial literary gaps remain significant.

  • Research shows that while funds are readily available to lend to SMMEs, funders reject a high percentage of SMME applications because the SMME is unable to produce the financial documentation required by the funder to approve the finance.


More Definitions of SMME

SMME means small, medium and micro enterprise;
SMME means Small Micro and Medium Enterprises, as defined by each State Party in its relevant legislation as qualifying for such status;
SMME means a small enterprise defined in section 1 of the National Small Enterprise Act, 1996 (Act No. 102 of 1996);
SMME means a small, medium or micro enterprise as defined in the National Small Business Act 102 of 1996;
SMME means Small, Medium and Micro Enterprise as defined in part C3 Scope of Work.
SMME s” means separate and distinct business entities, including co-operative enterprise and NGOs, managed by one or more owner, as defined as micro enterprises in the National Small Business Act (Act No. 102 of 1996);
SMME means Small Micro Medium Enterprises Entities with a turnover of less than R10M "Wholly Black Owned" Means: 100% black ownership and at least 30% of theownership must be women and/or designated groups. "Youth" means:Black people who are youth as defined in the National Youth Commission Act of 1996. "100% Black Owned" Means : 100% black ownership made up by any combinationof black owners