Sep 102012
 
2012 Sanlam / Business Partners Entrepreneur of the Year® winner named

After months of searching and assessing, the 2012 Sanlam / Business Partners Entrepreneur of the Year® competition winners were announced at an awards ceremony held on Thursday, 6 September in Johannesburg.

The overall Entrepreneur of the Year® Winner for 2012 is William Duk of The Plantation Shutter Co. (Pty) Ltd, a business that designs, manufactures and installs adjustable window and door shutters.

According to Nimo Naidoo, project manager of the Sanlam / Business Partners Entrepreneur of the Year® competition, William was awarded the overall title because of his hard work, entrepreneurial spirit and his ability to transform a bankrupt entity into a thriving, profitable business that services a national clientele.

The competition, widely considered to be the pre-eminent of its kind in South Africa, has served as a springboard for past finalists and winners… more

Aug 282012
 
The state of entrepreneurship in South Africa

South Africa’s entrepreneurial activity, over the past eight years, has shown vast improvement, however the economy lags behind comparable economies and has not fully utilised the economic potential that is available in entrepreneurial opportunities.

According to Nimo Naidoo, project manager of the Sanlam / Business Partners Entrepreneur of the Year® competition, South Africa has the ability and the resources available to support entrepreneurs, but believes that the country has yet to develop a strong entrepreneurial culture to drive it.

 

 

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Jun 132012
 

Youth unemployment in South Africa has reached boiling point and has spurred on heated political debates and mass protests ending in violence. Governments around the world have tried to react to the mass youth protests and the swelling problem by implementing labour market policies, such as subsidised wages, tax incentives and encouraging school-work transition through apprenticeships and training programs. However, the unemployment figures have continued to soar and have not shown signs of slowing down.

According to Nimo Naidoo of the Sanlam/Business Partners Entrepreneur of the Year® competition, the rising levels of youth unemployment can be effectively curbed through the promotion of entrepreneurship as a viable career choice for South Africa’s youth. However, it requires a committed change in South Africa’s public perception and culture… more