'Conducive environment needed to boost entrepreneurship in SA'

There is a lot South Africa can do to improve skills and education in efforts to boost entrepreneurship in the country.

This according to SiMODiSA Managing Director Matsi Modise, who spoke to #NightTalk's Gugs Mhlungu about what South Africa can learn from other entrepreneurial countries on the African continent.

There’s a lot that is happening in South Africa, there are a lot of people investing in the sector. However we are not able to measure the impact, which is measured by our ability to create jobs, our ability to nurture small businesses that are going to be sustainable

Matsi Modise, SiMODiSA Director

A recent global entrepreneurship report listed Namibia as the country in Africa which has the best environment for entrepreneurs.

The report also ranked Namibia and Rwanda above South Africa.

It measured countries in the criteria of policy, infrastructure, education, entrepreneurial environment and finance.

Some of these countries like Namibia have higher levels of literacy

Matsi Modise, SiMODiSA Director

According to Modise, education is important in building a wider culture of entrepreneurship in South Africa.

Modise says it is important to consider how South Africa can produce a conducive environment to stimulate the growth and development of the country's entrepreneurs.

We really have to encourage a culture of self-starters, people that are willing to take the risk, people that are wanting to go beyond comfortable jobs, because right now everyone knows that there aren't any jobs

Matsi Modise, SiMODiSA Director

Listen to the conversation below:


Read More
Driving investment and creating jobs through InvestSA's One Stop Shops

Driving investment and creating jobs through InvestSA's One Stop Shops

InvestSA has launched its latest One Stop Shop in KwaZulu Natal, bringing hope for more investment and services being available to citizens.

Understanding the importance of living within your means

Understanding the importance of living within your means

In this week's #BeFinanciallySmart feature, FNB's Eunice Sibiya discusses the importance of living within your means.

How you can #BeFinanciallySmart and save for those big days!

How you can #BeFinanciallySmart and save for those big days!

FNB's Eunice Sibiya discusses how you can save for important annual events.

'Haiti is the missing piece in the AU'

'Haiti is the missing piece in the AU'

Ambassador of Haiti to South Africa Jacques Baril describes Haiti's historic relationship with the African continent.

'Having sex will not make you cleverer'

'Having sex will not make you cleverer'

Neurologist Professor Girish Modi describes the effect of sex on one's memory.

Money Matters: Understanding an endowment policy

Money Matters: Understanding an endowment policy

Discovery's Head of Legal Services Harry Joffe describes on #NightTalk relevant information about endowment policies.

Popular articles
So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.

Shop 'til you drop: The top 'Black Friday' deals this week

Shop 'til you drop: The top 'Black Friday' deals this week

Start your Christmas shopping off with a bang at these major retailers offering some impressive discounted sales for Black Friday.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.