Proudly South Africa – Telling an entrepreneurial story?

Proudly South African Entrepreneurs Chatting to business owners exhibiting at the Buy Local Summit was inspiring. So inspiring that I almost entirely missed the official programme. Dragging myself away from the businesses exhibiting I attended the sessions after lunch. Over three sessions I was left with a distinct sense that the Proudly South Africa...

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One large business vs. 1000 little ones

Possibly, the most important question in public policy is “who benefits”. In answering this question, not only can distributional outcomes be assessed, but often the underlying power structures. The recent reporting on the Public Investment Commission investing R1.5 billion of government employee pension funds in CAMAC Energy raises just this question: “Who benefits”. Three...

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BRICS – Total Entrepreneurial Activity

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...

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