OUR HISTORY: BLACK GOLD AND DIAMONDS
South Africa wasn’t always in this place. During the nineteenth and twentieth centuries, we once fostered a flourishing group of black entrepreneurs who provided a majority of the consumed food to miners working in the Kimberly diamond mines. They saw the need and capitalized. Independent black carters carted the mine equipment and supplies to the diggings overland from either Cape Town or Durban by ox wagon before the rail was established and once gold mining expanded in different areas of South Africa, black-communities ran large-scale industrial style laundry trade - amongst other things - within the mining community only for the economic position of successful black farmers contained by the so-called “black spots” to be broken by racial segregation, the 1913 Land Act and Apartheid. This destroyed the same early class of black entrepreneurs that South Africa is now fighting to regain, and it has not been easy.
“IT’S MY CULTURE”: CREATING INNOVATERS, NOT IMITATORS
It was Malcolm...
... middle of paper ...
...ed 11 March 2014].
School, H. B., 2013. Entrepreneurship Key For Jobless Youth: Media Club SA. [Online]
Available at: http://www.henleysa.ac.za/henley-in-the-news/entrepreneurship-key-for-jobless-youth-media-club-sa-21-may-2013.html
[Accessed 03 March 2014].
Spector, J. B., 2014. ANALYSIS: TO GET AHEAD, SOUTH AFRICAN ECONOMY NEEDS ENTREPRENEURIAL SPIRIT. [Online]
Available at: http://www.dailymaverick.co.za/article/2014-02-03-analysis-to-get-ahead-south-african-economy-needs-entrepreneurial-spirit/
[Accessed 11 March 2014].
Timm, S., 2013. Global Entrepreneurship Report Puts SA Below Average. [Online]
Available at: http://mg.co.za/article/2013-04-26-00-report-puts-sa-below-average
[Accessed 3 March 2014].
Van Aardt, H. B. B. J. V. R. N. V. A. V. D. B. V., 2011. Entrepreneurship & New Venture Management. Cape Town: Oxford University Press South Africa.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Contents Question 1 Introduction 3 Current Economic Climate 3 Trends in South African growth 5 How to encourage growth 6 Encouraging the Demand for Exports 6 Creation of Youth Unemployment Reduction Policies 8 Further Recommendations 10 Conclusion 11 References: 13 Introduction South Africa is facing the issue of slowing economic growth and the need to counter this by creating higher sustainable economic growth and in addition, the burden and constraint of increasing government debt.... [tags: South Africa Economic Policy]
3361 words (9.6 pages)
- ... Studies show that the firm creation density index (defined as new firms registered per working age population was just 0.58 between 2004 and 2009. In comparison, the same indicator in other developing states was 0.79 in South Asia and 1.31 in Latin America and about 4 in developed countries (Munemo 2012). Again, a worrying trend can be seen. The same study by Munemo further discusses what could be the reasons for such a low firm creation rate and the author lists corporate taxes, GDP per capita and the number of procedures, required to create a new firm as probable factors.... [tags: driving forces in world economy]
1643 words (4.7 pages)
- What does being an entrepreneur entail. There are a few well known and accepted definitions the world over. The main points to consider are creating or realizing opportunities to change and improve, to think, reason and act and one who organises, manages and assumes the risk of a business enterprise. You will need to convince at least one person that the idea will work and that there is a need for the opportunity. Entrepreneurs need to have some form of backing whether it be personal savings, a loan from an institution or an investment from the relative party.... [tags: Business Administration]
1762 words (5 pages)
- Socially, entrepreneurship empowers citizens, generates innovation and changes mind sets. These changes have the potential to successfully integrate developing countries into the global economy. Economically, entrepreneurship stimulates markets by not always inventing or producing new things but introducing and exploring new and better dimensions. The formation of new business leads to job creation and has a multiplying effect on the economy because it lead to economic growth and expansion; social entrepreneurs serve as wide-ranging examples of motivation, purpose, selflessness and ability, especially among the young generation, seeing other successful in their own ventures and making positi... [tags: challenges, failures, global economy]
1483 words (4.2 pages)
- The strength of a nation is not established by the force of its military, economic standing, or government, but rather how its citizens are regarded. In order to attain strength, a nation must respect the principle of solidarity; the power of one voice. For without a defined sense of unity, a society is likely to crumble. Unfortunately, as seen throughout history, civilization has often made it their mission to seek out the differences in one another instead of accepting them. This fear of the unknown has led to humankind’s most despicable behavior; the separation of individuals due to their physical attributes.... [tags: South Africa Apartheid Essays]
1631 words (4.7 pages)
- The Apartheid started in 1948 when Dr. Malan’s National Party beat the United Party who wanted integration. After the National Party won they had been given the Sauer report, which said that they had to choose between integration or an Apartheid. They chose the Apartheid which meant racial segregation of all of the races. They were split into 3 groups black, coloured and white and they were forced to move to an area specifically designated to their colour. There was petty Apartheid introduced so that black people couldn’t use the same building as white people.... [tags: South Africa Apartheid Essays]
1270 words (3.6 pages)
- The word apartheid comes in two forms, one being the system of racial segregation in South Africa, and the other form is the form that only those who were affected by apartheid can relate to, the deeper, truer, more horrifying, saddening and realistic form. The apartheid era truly began when white South Africans went to the polls to vote. Although the United Party and National Party were extremely close, the National party won. Since they won, they gained more seats and slowly began to eliminate the black’s involvement with the political system.... [tags: South Africa Apartheid Essays]
1253 words (3.6 pages)
- Thesis Statement: Apartheid may have been a horrible era in South African history, but only so because the whites were forced to take action against the outrageous and threatening deeds of the blacks in order to sustain their power. United Nations members, and fellow concerned citizens, the world must discuss with the consequences of the initiation of apartheid. Apartheid, the separation of races completely, has become a horrible era in South African history, and has killed many innocent victims.... [tags: South Africa Apartheid Essays]
1539 words (4.4 pages)
- In this essay the concepts of sensitive periods and critical periods are going to be discussed, and critically evaluated in regards to identity development amongst South Africans. In doing so one should also take into consideration South Africa’s historical context. The period of Adolescence is when individual undergoes a set of physical and psychological changes, known as the teenage years, and begins the progression to adulthood. In other words the individual achieves psychological maturity and social maturity (Mwale, 2010).... [tags: South Africa, Culture, Adolscence]
1460 words (4.2 pages)
- South Africa The Republic of South Africa is located on the southern tip of the continent of Africa. It is slightly less than twice the size of Texas, about 1,223,201 square kilometers. Namibia, Botswana, Zimbabwe, Mozambique and Swaziland run from west to east along South Africa’s northern border. The country of Lesotho lies entirely within the borders of South Africa and is completely landlocked. The South Atlantic Ocean and the Indian Ocean surround the southern coast. South Africa is divided into nine provinces: the Northern Province, Kwazulu/Natal, Mpumalanga, Gauteng, the North West Province, the Western Cape, the Northern Cape and the Eastern Cape.... [tags: South Africa Governmental Cultural Essays]
3519 words (10.1 pages)