PLEASE NOTE:

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

 
Chris Gaza
 
Comments: 8
Article views: 1640
 
 
Latest Badges:

 
View all Chris Gaza's badges.
 

The SA version of entrepreneurship

12 November 2012, 20:25

Tenderpreneur (or tenderpreneurship) is a South African government official or politician who uses their powers and influence to secure government tenders and contracts. The word is a portmanteau of "tendering" and "entrepreneur."

We are seeing more and more of this tenderpreneurs, driving flashy cars, living in high security wall mansions, throwing lavish parties etc; the life any person on the other side would envy in a second. .

Public Protector Thuli Madonsela has called on society to reject the concept of "tenderpreneurship". She says it breeds corruption, resulting in the milking of State resources for personal gain.

“Tenderpreneurism” has threatened to corrupt the meaning of being an entrepreneur, putting the focus on using connections to land a government contract to build a road or building rather than developing a successful business from the ground up.

I seem to battle with finding anything remotely positive to say in that line of business. Tenderpreneurs should not be idolized. Very few possess the necessary skills and passion to get the job done.

What is of a major concern, is listening to young people, so driven in pursuing the tendering business, because they see it as a hasty way to acquire wealth. A viable alternative to tenderpreneurship is gradually building that business from scratch to a level where you are able to meet client needs. This requires time, effort and lots of patience as well as a ‘never say die’ attitude, the results thereof are long term.

While South Africa is the continent’s largest economy, with a GDP of $364 billion, true entrepreneurial activity is less than in many other emerging economies, including other African countries.

The culture of entrepreneurism needs to be re-established, and this requires better education, mentoring and cooperation between government and business,

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
8 comments
Comments have been closed for this article.

Read more from our Users

'Which Beemer should I buy?' You ...

City Press writer Justus Visagie, with some help from Martin Pretorius, provides useful answers to your automotive questions. Read more...

0 comments 321 views
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 1398 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 1907 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 2064 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 306 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 2577 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.