PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Temo Matjiya
 
Comments: 11
Article views: 413
 
 
Latest Badges:

 
View all Temo Matjiya's badges.
 

Small Business Development and SONA June 2014

19 June 2014, 09:26

Small Business Development and state of the nation June 2014

President Jacob Zuma did address issues affecting the country and not much has been said regarding small business development support. The Government has established a number of Agencies such as Small Enterprise Finance Agency to deal with the needs of small businesses. At this stage the role and effect of these interventions has not been felt. The new Minister of Small Business Development will have to carve out a new and South African approach to small business development in order to take South African entrepreneurship forward.

The only problem I have is entrepreneurship requires that we address various issues such as legislative barriers to doing business, financial and funding issues, promoting great ideas, education and training as well as basic infrastructure provision. The new role of the Ministry of small businesses has to be clear regarding the role they are going to play to enhance start-up businesses that will grow within a supportive environment instead of tenderpreneurship.

Putting the right jockey to the right horse is very important. Has the new Minister of Small Businesses started and sustained a small business before? I say this because in order to her to understand the needs of small businesses, she must have experienced it before so that she can have empathy to the small businesses out there in the cold. We are told that South African imports more than 40% of chicken from Brazil, how is that going to change to transform local entrepreneurship?

The role of academic institutions and other sectors of society should not be undermined. There is a need to partner with business, academics and civil society to address all the impediments to doing business in South Africa.

In conclusion, there is still hope for small business development in South Africa instead of big elephants such as your Shoprite Checkers, Game, Woolworths and others which are only benefitting the already wealthy and connected in the economy.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
11 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Leon Vorster
The incompetent within...

An incompetent president is the ignition that sets the rot in motion in a nation.  Read more...

0 comments 1339 views
Submitted by
Sanele Sano Ngcobo
Ramaphosa has betrayed the fight ...

As Deputy President and Chairperson of the South African National Aids Council, Comrade Ramaphosa should be leading the fight against immorality. Read more...

0 comments 1858 views
Submitted by
Audrey Ngobeni
Why is the opposition so afraid o...

While the opposition makes vague and baseless allegations against the man, it is they who are using all sort of technologies to ensure that the honest voices of people cannot be heard. Read more...

0 comments 2023 views
Submitted by
Thubelihle Dumakude
Burundi stuggles to get rid of Nk...

It is now clear to everyone in the world that Burundi is facing a dilemma struggle when it comes to governing the country and choosing true political leaders. Read more...

0 comments 296 views
Submitted by
Zeke Wareley
What is happening to our beloved ...

The ANC are choosing a man who has no values over its people who voted for them. I am so disappointed.  Read more...

0 comments 2555 views
A personal narrative of the Bafan...

As the minutes ticked by – a glimmer of hope – a goal from our team, the remaining audience went wild with shouts of joy and encouragement... Read more...

0 comments 248 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2017 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.