2010 News Clippings
CIE and News
Small Business Struggling
Sunday Times - 6 June 2010
The global economic crisis has a dealt a major blow to entrepreneurship in South Africa. There was a 40% fall in the number of start-ups in 2009 compared with 2008, and existing entrepreneurs are struggling to survive.
Start-ups in South Africa need Encouragement
BizAssist.co.za - 26 May 2010
After the global economic crisis there was a 40% fall in the number of start-ups in 2009 compared to 2008 in South Africa and existing entrpreneurs are struggling to survive.
Politics now SA's top entrepreneurial pick
Business Day - 17 May 2010
Why is the level of entrepreneurship so low in SA, and what can be done about it?
On one level, the question seems contrary to conventional wisdom. In a grand sense, the level of entrepreneurship in SA is high.
SA Entrepreneurs is pessimisties vergeleke met hul eweknieë
Sake 24 (Burger Kaap) - 17 May 2010
Suid-Afrika se entrepreneurs val onder die top-tien mees pessimistiese ter wêreld volgens die jongste Global Entrepreneurship Monitor (GEM).
Recession takes toll on already low rate of start-ups
Business Day - 14 May 2010
Cape Town - The global economic crisis had dealt a major blow to entrepreneurship in SA, with the number of start-ups declining by 40% last year compared with 2008 and existing entrepreneurs struggling to survive, the latest Global Entrepreneurship Monitor (GEM) study found.
UCT Study Shows Recession Has Hit SA Entrepreneurship Hard
Cape Business News - 14 May 2010
The global economic crisis has dealt a major blow to local entrepreneurship. There was a 40% fall in the number of start-ups in 2009 compared to 2008 and existing entrepreneurs are struggling to survive.
This is according to the latest Global Entrepreneurship Monitor (GEM) study, conducted by the UCT Centre for Innovation and Entrepreneurship (CIE) based at the UCT Graduate School of Business. The findings were released yesterday, as part of the new CIE book, Tracking Entrepreneurship in South Africa: A GEM Perspective, which analyses nine years of GEM data on entrepreneurship and makes recommendations for policy interventions.
Education and ICT foundation for entrepreneurial success
Leader.co.za - 12 February 2010
The importance of entrepreneurship for South Africa is clear – it is critical for job creation, decreasing poverty, enhancing innovation and development, and promoting GDP growth.
In March 2007, there were 556 000 economically active enterprises in South Africa, of which 536 000 operated as SMMEs, making up more than 42% of GDP and more than 55% of SA’s employees.
This, however, is not enough.