PLEASE NOTE:

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

 
Chris Gaza
 
Comments: 8
Article views: 1475
 
 
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

Submitted by
Misheck Makora
Free Education? Yes but not NOW….

Free university education is possible but NOT now. Government cannot fix this overnight. Read more...

0 comments 246 views
Submitted by
SoSaysMyDad
Children, find yourselves good fa...

I am obsessed with fatherhood. It has been 4 years now depending on who is counting, but I dragged myself into this and I am determined to doing it right. Read more...

0 comments 321 views
Submitted by
Nyiko Ashley Mabasa
No going back, this is the year o...

The call for free quality education is not new and it is now long overdue for post-1994 students to reiterate the call of 1976 that underscores South Africa’s democratic breakthrough. Read more...

0 comments 140 views
Submitted by
Rachel Mash
How far do you live from Koeberg?

Junko Satake, visiting from Japan, explained how crucial it is to know how far you live from a nuclear reactor. Read more...

0 comments 339 views
Submitted by
The Noble African
Tears for a child

One single picture can say what a thousand words cannot say. Read more...

0 comments 78 views
Submitted by
Bj Cameron
High Data Fees - I’ve never heard...

Cellphone network operators were trying explain (or justify) to parliament the high data tariffs South African consumers are being charged. Read more...

0 comments 706 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
 
© 2016 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.