The Gauteng government has promised to make overdue payments to small businesses from next week, blaming late submission of invoices and the "economic situation" for the delays.

"The Gauteng government has decided that urgent payments to small, medium and micro enterprises be paid from next week. All other outstanding payments will have to be cleared by the second week of April," it said in a statement.

The provincial government said the late submission of invoices by suppliers, the sudden increase in the volume of invoices to be processed and the economic situation were to blame.

"Many suppliers tend to wait long before submitting their invoices. It is common for invoices to be submitted in the last few months of the financial year."

Government departments had also been receiving invoices with higher prices than expected, requiring fresh negotiations with suppliers and creating delays.

Sapa

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