Africapitalism in the Global Entrepreneurship Congress spotlight

Africapitalism is a economic philosophy that the African private sector across 54 countries must play a critical role in the economic transformation and development of Africa.

Tony Elumelu Foundation CEO, Parminder Vir, says African businesses have grown dependent on government for job creation and now it is time for them to play a central role.

Parminder was part of a panel that looked at the vision for entrepreneurship at the Global Entrepreneurship Congress (GEC) currently underway at the Sandton Convention Centre.

We have to change mindset, we want to create future job creators and not job seekers.

Parminder Vir, Tony Elumelu Foundation CEO

Listen to the interview with Parminder Vir for more on what entrepreneurs need to do...


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Africa Business: Which sectors are set to grow in Africa?

Africa Business: Which sectors are set to grow in Africa?

Many sectors have room to grow driven by the pent up demand and opportunistic entrepreneurial approach to gaps in the market.

SA ranked 2nd most entrepreneurial nation in Africa

SA ranked 2nd most entrepreneurial nation in Africa

Research by Global Entrepreneurship and Development Institute ranks SA 55th out of 137 countries (ahead of Russia, Brazil, China).

Ramaphosa to open Global Entrepreneurship Congress

Ramaphosa to open Global Entrepreneurship Congress

South Africa is the first African continent to host this prestigious international event to help entrepreneurs.

'Conducive environment needed to boost entrepreneurship in SA'

'Conducive environment needed to boost entrepreneurship in SA'

Matsi Modise describes what South Africa can learn from other African countries in entrepreneurship.

How to make South Africa a thriving space for entrepreneurs

How to make South Africa a thriving space for entrepreneurs

Vusi Thembekwayo tackles the challenges facing entrepreneurs in South Africa, and focuses on how to fix things moving forward.

How rethinking Africa's economic philosophy can boost the continent

How rethinking Africa's economic philosophy can boost the continent

Africa can explore a new form of economic policy that considers the continent's state of development, says Somachi Chris-Asoluka.

The state of entrepreneurship in South Africa

The state of entrepreneurship in South Africa

Faculty Head of Entrepreneurship at GIBS takes us through the challenges and opportunities of entrepreneurship in South Africa.

White House invites SA business incubator to speak at Entrepreneurship Summit

White House invites SA business incubator to speak at Entrepreneurship Summit

The CEO of one of Africa’s most successful for-profit business incubators will speak at the 2015 Global Entrepreneurship Summit.

Popular articles
Robots are already replacing financial advisors right here in South Africa

Robots are already replacing financial advisors right here in South Africa

But can they be trusted? Are they independent? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

The Money Show’s Bruce Whitfield interviews Sugar Creek financial expert and author of “My Money” Gerald Mwandiambira.

How to make money through ‘buy-to-let’ (using very little of your own money)

How to make money through ‘buy-to-let’ (using very little of your own money)

Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".

Retirement: 8 biggest mistakes people typically make…

Retirement: 8 biggest mistakes people typically make…

The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

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...

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.