Optimism at odds with reliance on state for job growth
Government cannot create jobs at the rate that SMEs and entrepreneurs can, so now is the time to break down all the barriers that make it so difficult to start a business in SA
With votes for the 2019 national elections counted and the ANC retaining power, how can the governing party make good on its promise to “grow SA together”?
President Cyril Ramaphosa has inherited a growth rate of barely 1%; we’ll need a growth rate of at least 5% per annum for 20 years to create enough jobs for everyone in our country, and we simply can’t achieve this with a bloated public sector and struggling corporate sector. The answer, at least in part, will be to create an environment that allows small and medium enterprises (SMEs) to thrive and create sustainable jobs.