World Entrepreneurship Day a rallying call to aspiring SA entrepreneurs

Apr 122012
 

Aspiring South African entrepreneurs need to take note of the successes being celebrated by their global counterparts on World Entrepreneurship Day (WED), 15 April 2012, as well as use the day as motivation to get better at spotting and taking advantage of ‘entrepreneurial gaps’ in specific industries, in order to create sustainable businesses.

This was the message from Nimo Naidoo, project manager of the Sanlam / Business Partners Entrepreneur of the Year ® competition, in the run-up to WED, who says that South Africa’s economic prosperity relies heavily on the actions and successes of the country’s existing and future entrepreneurs.

“The Global Entrepreneurship and Development Index (GEDI) recently revealed that South Africa’s global entrepreneurial ranking has fallen from 39 in 2011 to 45 in 2012, losing pace with smaller GDP countries such as Colombia and Peru… more

SA’s global entrepreneurial ranking needs to improve to ignite economic growth

Feb 282012
 

Stimulating entrepreneurship is the key to igniting economic growth and job creation in South Africa. However, when compared to other global economies, the country’s entrepreneurial ranking is slipping and is significantly lower than what would be expected from an economy like South Africa’s.

This is according to Nimo Naidoo, Project Manager of the Sanlam / Business Partners Entrepreneur of the Year ® competition, who points to the 2012 Global Entrepreneurship and Development Index (GEDI), which measures a country’s entrepreneurial strengths and weaknesses, which reveals that South Africa’s global ranking has fallen from 39 in 2011 to 45 in 2012.

“Historically, entrepreneurship serves as a catalyst for economic growth and national competitiveness, and for an emerging economy such as ours this ranking is simply too low,” says Naidoo… more

Only real entrepreneurs need apply

Apr 042011
 

Making it in the tourism industry

New tourism statistics paint quite a rosy picture of an industry that is under sever strain.

The recession was bad news for most sectors, but the tourism industry was particularly hard hit as it depends on consumers spending what little money they have left.

Fortunately for many, the industry has had quite some time to reposition itself, including a stronger focus on the corporate market.

Nevertheless, the 15% increase in international tourist arrivals recorded last year did not necessarily produce the expected results.

Business Partners Limited Executive Director Gerrie van Biljon explains many small operators either entered the market or expanded their operations to cash in on the event.

“The net effect on bed nights from the Fifa Soccer World Cup was disappointing… more

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