Ann Bernstein: The Small Business Ministry is a "waste of resources" and needs to be shut down

Loading player...
Ann Bernstein, Executive Director of the Center for Development and Enterprise, critiques South Africa's Small Business Development Department and its lack of measurable impact. She argues that billions of rand are being wasted on ineffective government-run programs, calling for a shift towards private sector involvement in small business support. Bernstein also highlights the need for regulatory reform, advocating for an SME test to assess the impact of laws on small firms and increased transparency in government spending. She stresses that small businesses must be seen as vital to the broader economy, driving growth and job creation.
3 Mar 6AM English South Africa Investing · Business News

Other recent episodes

The Sunday Show - Neil de Beer: “Economic genocide” - by the “twats” in Government

In his latest Sunday Show with BizNews, Neil de Beer, the President of the United Independent Movement (UIM), likens the “unraveling” of South Africa’s economy to “economic genocide”. He says the country’S BEE and related laws do not constitute a “package of investment”, but a “hand grenade….that will explode economically”…
8 Jun 7AM 29 min

Piet Croucamp: Ramaphosa fears Mantashe’s knock on the door…

The “embarrassment of being removed” is “foremost” in the thinking of President Cyril Ramaphosa. So says political analyst Piet Croucamp who deems the break between the president and African National Congress (ANC) Chair Gwede Mantashe as irreparable. “Mantashe was the person who knocked on Thabo Mbeki’s door to tell him…
5 Jun 7AM 19 min