By Tertius Mynhardt Jacobs
Analysis in brief: With 19 of Africa’s 55 countries hosting national elections, 2019 promises to be an interesting year filled with hope and change. Among these elections, there are a few that stand out. South Africa’s election, in particular, is of great significance to the Southern African region and the continent more broadly. By relating the proposed policies of major political contenders to key challenges confronting South African democracy, this analysis seeks to inform readers of dominant voting options and the content of dominant parties’ manifestos.
Challenges, Opportunities, Risks and Next Steps
The South African government has prioritised small business development with the objective of creating 11 million jobs by 2030 to reduce the country’s chronic and high unemployment rate, and looking to SMEs to create these jobs and stimulate economic growth. This objective can only be achieved through the establishment of a supportive and enabling environment for the growth of small businesses.
SME SA in collaboration with In On Africa (IOA) has endeavored to assess the current environment in which SMEs operate through executing nationwide research on the sector. The aim of the research was to shed light on the challenges, opportunities and risks that need to be considered in the development of the SME sector to ensure the much needed growth and new employment opportunities in the country.
The Africa Country Benchmark Report (ACBR) is the definitive resource for understanding Africa, providing comprehensive assessments of all 54 African countries. The report scores, ranks and insightfully assesses each country holistically, as well as across business, economic, political and social factors, all presented in an 750-page infographic-driven publication.
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