Johannesburg – Entrepreneurship is an important element to solving South Africa’s economic growth problem, said an analyst.
Trudi Makhaya, a consulting economist at Mercantile Bank, spoke to Fin24 about the impact of the credit downgrade to junk status on entrepreneurs. She also shared ways in which entrepreneurs can thrive in a low growth economic environment, and their role in boosting growth.
“Part of the problem of the South African economy is that it is small. It does not have vibrant participation from all segments of society,” she said.