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Herman Mashaba: Away with the Red Tape That’s Destroying Small Businesses (Podcast)

Capitalist CrusaderBlack Like YouTalk Radio 702 recently featured Herman Mashaba on their Entrepreneurs Corner programme, where he chatted to Africa Melane about the state of entrepreneurship in South Africa.

In the interview, Melane asks the prominent businessperson and author of Capitalist Crusader: Fighting Poverty Through Economic Growth and Black Like You about how much we should tips waiters, what sparked his interest in business and why he is so successful.

Mashaba attributes his success to the “entrepreneurial spirit” of the time when people were determined to free themselves from the barriers set up by the National Party and says he is “personally disappointed” at the state of entrepreneurship 21 years down the line.

One factor that hinders the growth of small businesses, Mashaba says, is the “legislative impediments” and governmental red tape that “punish and destroys small businesses”. “As a country we need new thinking,” he says, adding that sustainable employment depends on businesses to make money.

Mashaba says if he could give President Jacob Zuma any advice, it would be to deal with some of the aspects of our labour legislation that make it impossible for small businesses to operate. We also need a long-term strategy for education, he says.

Listen to the podcast for Mashaba’s advice to entrepreneurs and his vision for the future of South Africa:

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