The results of a recent survey done
on entrepreneurship in South Africa were released a few weeks ago.
This article from The Fin24/Entrepreneurship site:
One in six adults in
SA is a small business owner, according to FinScope SA's Small Business Survey
for 2010.
Released on Friday, the survey also indicated that two-thirds of these
businesses did not employ anyone other than the business owners, and 79% were
involved in product sales.
"Woman are more likely to be small business owners, although small
businesses owned by men are more likely to render services and to employ other
people," the survey found.
Two-thirds of small business owners needed start-up money and most of these
funds came from own sources, with 37% claiming to have borrowed from other
sources.
Only 5% of small business owners claimed to have current borrowing or loans for
the business, and 39% claimed to save for business purposes.
Read more and the many
different responses to this here.