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During the first quarter of 2018, South Africa’s gross domestic product (GDP) decreased by 2,2% according to Stats SA. This low growth trap followed a period of cautious optimism and highlights the need for creative thinking from all role players in the economy.
Entrepreneurs are not thriving and more needs to be done to improve South Africa’s entrepreneurial ecosystem. This reflects the results of 'the real state of entrepreneurship survey 2018' which was reached after surveying more than 1,000 entrepreneurs across the county.