In this edition of Finweek, journalist Glenda Williams looks at the economic potential of legalising medical marijuana. This infographic illustrates the earning potential of marijuana and how legislation can change the economic outlook for many South Africans.
A common issue raised among local entrepreneurs is the ease of access to business finance, which is often criticised due to the difficulties experienced when attempting to secure funding to either establish, or grow, a business. The reality is that there is money available for entrepreneurs with the right idea.
One of the biggest challenges facing South Africa at the moment is the question of how to foster an entrepreneurial culture amongst the youth. Unfortunately much of the teaching that takes place in schools and support initiatives is very theoretical in nature and doesn’t capture the realities of being an entrepreneur.