The 2019/2020 financial year has certainly been a challenging year across the globe, a year that adversely affected nearly everyone around the globe due to the Covid-19 pandemic; though Covid-19 have crippled us all, losing many lives and jobs, businesses being affected and the South African economy downgraded to junk status, let’s give thanks that we’ve made it this far and may we remain hopeful that a better year is ahead of us and we are given an opportunity to rebuild and still able to contribute to the growth of our econom...
If you want to go fast go alone – if you want to go far go together – African Proverb
This quote is no truer than for an entrepreneur. Being an entrepreneur can be very lonely and the importance of stakeholder support cannot be over-emphasized in ensuring the success of any venture that is undertaken. Having a collaborative and supportive environment in which to develop your product or service is key to its success.
Economic growth is underpinned by job creation and we have a vast untapped market in our townships. The significant ...
In a paper presented by Mr. Walter Matli and Prof. Annelie Jordaan from the Department of Trade and Industry at the Economic Research Advisory Network 1st Annual Conference in 2016 entitled ‘Growing Capacities of Sustainable Entrepreneurship in Townships: A Theoretical Perspective, the key findings reveal the need for a continuous process to drive innovative sustainable development in townships. In most instances, novice entrepreneurs’ success relies on the environment and support structures available. Both the public and private sector sho...
In the face of the global climate change and local economic crises, it is a transition to a green economy which has the potential to drive sustainable economic growth in South Africa. The notion of a green economy was first coined in 1989 but publicised 20 years later by the United Nations Environment Programme (UNEP) in its global response paper to the 2008 economic crisis, titled: ‘Rethinking Economic Recovery: A Global Green New Deal’, as a proposed economic paradigm. The green economy is considered an approach to achieving sustainable d...
It is no secret that the process of developing new biotechnologies that involve human health and safety can be an arduous task that takes a long time to commercialize. The timeframes can stretch anything from four to 20 years to develop a certain product, but these products hold critical and immense benefits for both the economy and the population.
The development process of biotechnology can be sped up if the financing for these projects is more readily available, but what keeps private investors from injecting their funds into technologies t...
