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Huge drop in locals wanting to be entrepreneurs

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Cape Town - Entrepreneurial intentions among South Africans have dropped by almost 30% in 2015 when compared to 2013, and almost halved when compared to 2010, yet the perceived entrepreneurial opportunities has increased over the same period, according to the recently released Global Entrepreneurship Monitor South African Report 2015/16.

According to Kobus Engelbrecht, spokesperson for the Sanlam/Business Partners Entrepreneur of the Year, there are many aspects at play when analysing these figures.  

The report shows that the perceptions about entrepreneurship in South Africa has increased since 2009, with 40.9% of South African adults in 2015 perceiving good entrepreneurial opportunities (up from 37.8% and 25.4% in 2013 and 2009 respectively).

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