As emerging markets continue to struggle with the economic downturn, it has
become evident that South Africa cannot solely rely on private and public
enterprises to resolve the unemployment crisis.
According to a report by global consulting firm EY and the Group of 20 Young
Entrepreneurs (G20), entrepreneurs are proving to be a sustainable solution to
stimulating growth and consequently creating real jobs. The report stipulates
that this group of entrepreneurs currently account for more than half of the
Speaking at the Regenesys Business School Leadership Conversations on
leadership and entrepreneurship, Kim Meredith, CEO of the Dealmaker Company
commented, "Entrepreneurs play a fundamental role in contributing to a healthy
economy and addressing the high unemployment rates in the country.
Therefore, to ensure their success, it is up to all stakeholders including
education, government and corporate SA to ensure that they inspire as many
young entrepreneurs; to embrace entrepreneurship as a lucrative venture.
Furthermore, the report stipulates that 79% of entrepreneurs highlighted access
to entrepreneurial development tools as one of their major challenges to
success. A coherent entrepreneurship environment will go a long way in
assisting South Africa in allocating pertinent resources such as education and
training to support both current and potential entrepreneurs.
However, Meredith is concerned that the education and training required to
support entrepreneurs in South Africa is not sufficient.
Siegie Brownlee, Regenesys Business School, Chief Executive Officer agrees
with Meredith and states, "It?s imperative for entrepreneurs to have the
necessary education and skills to support them in the bold step they?ve taken
into the business world. They need to be supported with an equal set of both
practical and theoretical educational tools.'
The Regenesys Business School is able to support these entrepreneurs by
providing them with a wide range of Business Management Certificates including
Postgraduate Diplomas, Bachelor?s Degrees up to an MBA level to aid them in
academically empowering themselves.
The Business school also offers a "Freemium? education model, which
essentially provides anyone with full access to Regenesys? intellectual property
in the form of free learning material, tutoring videos, study guides, eBooks,
webinars, academic articles, e-learning technical support and much more across
all business qualifications.