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Times are tough. A number of factors such as the increasing petrol price, the impending new minimum wage and ever more competitive business landscape, have many companies feeling the pinch and exploring creative ways to minimise costs and maximise profits.
Small and medium-sized enterprises (SMEs) are the real job creators that will turn our economy around. It is incredibly difficult to turn a business idea into a business, and a small business into a growing business.
As unemployment in South Africa jumped to 27.2% for Q2 2018, the proverbial walls seem to be closing in on job seekers. The strain of this appears to be intensified among the youth who account for 63.5% of the total number of unemployed persons,irrespective of education level.
South Africa’s engineering sector is being held back by universities’ inability to teach entrepreneurial skills and breed a new generation of innovators and business...
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