At 40%, the share of SA adults in income-generating employment is among the lowest in the world. The international norm is about 60%. SA’s huge jobs shortfall largely reflects the dearth of small business people. Of all employed people, in SA just 6% are business owners. In other upper-middle-income countries the figure is 20%.
This malaise has obvious roots. Apartheid policies shut down black-owned businesses through expropriation plus discriminatory licencing, education and financing. Yet the transition to democracy didn’t spark a qualitative shift up to international norms. The reasons lie in the structure of the economy as well as the lack of resources for emerging entrepreneurs. That said, any effort to grow small business is pie in the sky until the electricity crisis is solved...
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
How to run a small business in the dark during load shedding | The CitizenLoadshedding is not just an irritation. It can very easily leave your business with a drastic drop in monthly income, foot traffic and overall performance.
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »
10 tips to help your small business survive rising electricity costs | The CitizenThe only solution in the short term is for businesses to use electricity more efficiently, use less and treat it like the scarce resource it has become. Here are the 10 tips to help your small business survive rising electricity costs 👇 You cannot use it more efficiently if there aren't any.... If you have fridges and cold rooms that need constant cooling you are screwed....
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »
Capital gains tax relief when selling a small businessThe exclusion is R1.8m over a lifetime, and the market value of the total business must be less than R10m. Moneyweb tax Sars
La source: Moneyweb - 🏆 5. / 77 Lire la suite »
Banking apps to turn your smartphone into POS for your small business | The CitizenUsing a smartphone to make and accept payments is not a new concept in South Africa. An app from Nedbank – known as Pocket POS – has been around since 2020, and Absa’s Mobile Pay was introduced early last year.📲
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »