"Nations fail today because their extractive institutions do not create the incentives to save, invest and innovate."

Economic growth and investment in South Africa is set to recoil following several years of economic and political decline.  South Africa, like other emerging markets, has a critical need to attract investment while at the same time driving economic transformation.

Over the past few years the government has set up funds to assist businesses grow in spite of the shrinkage in the economy. Despite these efforts, the complexity of regulatory procedures remains a major obstacle for SMEs and entrepreneurs. Furthermore, the challenges of barriers to entry and intense competition from established corporates are crippling SMEs.

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