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Africities Summit

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A note from SALGA CEO Xolile George.

The first phase in the development of the new consolidated campus of the West Coast College, points the way to a dynamic urban future for the town of Malmesbury. Architects: KLG Architects Photos: Damian Schumann

To minimise the risk of damage to an SME, all stakeholders, employees and employers need to be kept up to date with regulatory requirements.

Although government actively promotes the role of women in business and leadership, more should be done for women entrepreneurs, suggests Alana Green.

We have inherited a capitalist system, but refuse to manage it. We have purposefully chosen to be a mixed economy, but are enacting laws and regulations which stifle and marginalise the role that business could potentially play in ensuring our international competitiveness. In the words of James C Penney, “Growth is never by mere chance; it is the result of forces working together.”

Recent news was that our country’s economy experienced a contraction in the Gross Domestic Product (GDP), to 1.3% against a projected 3% to 5%. The downturn was caused by the decline in Chinese equities, concomitant with a nose-dive of the currency to R14 against the US dollar.

The Ventureburn Startup Survey, released in June 2015, has added an interesting twist to SA’s entrepreneurship-focused research by focusing on technology startups.

This edition of the Banker SA looks at the importance of the small and medium enterprise (SME) sector in SA.

Thorsten Deckler, principal of Johannesburg-based practice 26’10 south Architects, reflects on the need for contextualisation in the curation of architectural work from Africa to allow for a nuanced, critical reading of, and engagement with, the work presented.


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