Release Date: 21 July, 2021
Entrepreneurship has moved beyond start-ups to encompass a range of associated careers
SA’s odds of rapid recovery are stacked against the economy, courtesy of political posturing, policy failure and the effects of the pandemic. To increase the odds, small, medium and micro enterprises (SMMEs) need to be at the forefront of such a recovery, says Boris Urban, programme director of the Master of Management in Entrepreneurship and New Venture Creation at Wits Business School.
“Growth in entrepreneurship in SA has been stalled for some time, and in terms of the number of established SMMEs, the country is way below the global average. Most aspiring entrepreneurs have limited access to capital, finance and markets, coupled with no entrepreneurial experience or relevant skills,” says Urban.