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: