Business growth

Corruption stifles business growth: Maimane – SABC News

Build One South Africa The leader, Mmusi Maimane, says endemic corruption in the public and private sectors makes it difficult for businesses to survive.

Maimane was the guest speaker at a meeting with business owners in George in the Western Cape.

He called on business owners to prioritize their values ​​above all else and ensure that their employees and the community at large benefit from their success.

George’s small businesses, formal and informal, are struggling to keep afloat.

Not only has the COVID-19 pandemic had a negative impact, but municipal bylaws have also made it difficult for entrepreneurs to gain a foothold in the local economy.

Brenda Vorster, vice president of the George Business Chamber, says bureaucracy makes it difficult for small businesses to survive.

“When you start a business, it falls apart before you even start. Because people don’t know what they have to do and every thing that needs to be done requires investment and money to do it. My problem with the way we do things in our city, and our country for that matter, is that we don’t give small businesses the opportunity to thrive before we break them up.

Addressing business owners, Maimane said change can only be achieved when the private and public sectors work together.

He called on entrepreneurs to become more actively involved in decision-making processes that affect small businesses.

“In terms of public participation, we have to be able to respond to how the regulations are structured, but I also think what happens is that in the issues with the PDI as it is written for municipalities, they are copied and pasted. situations without realizing the potential of a city like George. And so I want to emphasize again, that when all these submissions are made, challenge the business community to participate in this.

Collaboration in the local economy also means that all spheres of society must be involved, including religious and civic leaders.

Local pastor Jannie Hornie says, “We have to collaborate, we have to talk, we have to engage. We must be activists for change within our societies and I know that I have been here for 39 years. It’s not easy, but it’s working and I see a tipping point that our country is facing. Things will change.