Small business holds the promise of creating jobs and entrepreneurs create the opportunities that employ more people. This promise will be a reality when significant contextual changes and policy shifts occur.
The last few weeks have been one of reflection as I worked through my many ideas, and reflected on the end of seven years being self employed. The guideline over this period was simple – …
South African Economic Competitiveness in perspective.
“Global Competitiveness Index South Africa” is a common heading on slides discussing economic policy in South Africa.The data from the Global Competitive Index by the World Economic Forum plays a very important role in South …
South African exporters get can receive a roundup of international business opportunities from a network of DTI’s foreign economic representatives and other reliable sources.
Six reasons why the Jobs Fund is not supporting start-ups in the South African economy.
Presentation on government’s role in small business and entrepreneurship.
The Global Entrepreneurship Monitor (GEM) provides a basis for comparing entrepreneurial activity, aspirations and intentions globally. The chart below shows the Total early-stage Entrepreneurial Activity (TEA). TEA is defined as
TEA = Percentage of 18-64 population who are either a nascent entrepreneur or owner-manager of a new business
The data shows that there is a gap between South Africa which is has moderate economic growth, and Brazil, India and China which have significantly higher economic growth rates in terms of Total Entrepreneurial Activity. (Curiously, Russia has high growth rates but low TEA rate). The data however suggests that South Africa may be catching up, with these high growth countries.
Opportunities for small businesses
Opportunities for small businesses in South Africa 20 Jan 2012
Short update on the Jobs Fund from the MTBPS