Education system is killing off entrepreneurship

For a country that has produced companies such as Bidvest, African Rainbow Minerals and Discovery, it’s hard to imagine entrepreneurship in South Africa is falling behind its African counterparts. Yet this seems to be the case, writes Mike Herrington for Business Live.

The latest South African Global Entrepreneurship Monitor report found that only 10.1% of South Africans of working age intend starting their own business in the next three years, compared to 41.6% in the other African countries that were surveyed.

Although entrepreneurship is meant to be a part of the secondary school curriculum, it is taught neither widely nor effectively. At a higher education level, entrepreneurial training also remains insufficient. The survey found the quality of preparation for starting up and growing new companies provided by colleges and universities has declined from 2016 and is now below the average of the other African countries surveyed.
Full report on the Business Live site