- Small business promotion is essential for achieving inclusive growth in South Africa. This CDE reports sets out global lessons highlighted by Dr Ross Brown, a leading expert based at the School of Management, University of St Andrews, Scotland.
- Research by Professor Neil Rankin shows that companies with 50 or fewer employees account for just 21% of formal sector jobs.
- To raise the number of employment creating small businesses in SA it is important that government makes every effort to tackle excessive business regulations, weak property rights, and weakly developed market-supporting institutions.
- Both private and public funders should also consider targeting their support at firms with high growth potential.
