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SMEs The impact of the current power crisis in South Africa
| Guest post by: Dr. Rob Smorfitt |
Article Overview: The impact of the current power crisis in South Africa on SME's is high. Where to from here?
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Free Download - SMEs – SMEs struggling in South Africa. Why? By Dr. Rob Smorfitt |
SMEs The impact of the current power crisis in South Africa
The ANC have in 13 short years taken South Africa from developed to regressing. The current power crisis is impacting on all businesses in South Africa, but particularly on SME's.
Increased costs, reduced trading hours, and also reduced production hours for those in manufacturing, is killing the SME's in the country.
The failure rate among SME's is set to increase dramatically with many businesses losing 50% of their daily trading as a consequence of the power failures.
They have once again shown that Africa is incompetent by destroying the economy so quickly. The scary thing is that Swaziland, Lesotho, Namibia, Botswana, Zambia and Zimbabwe are all suffering with us as they also get the bulk of their electricity from South Africa.
Once again they are lying to us as well. Although there has been a shortage, how did the system collapse over the past two months? I believe that due to a lack of skills they have damaged or destroyed capacity just as they did at the nuclear station in Cape Town. They just are not owning up to it.
This is another example of a government destroying an economy by pursuing political purposes only. The ANC has destroyed the skills base in the country with their racist employment policies just as the previous Nationalist government did. Racism in any form, when introduced into the economy, can only yield what we are now reaping. Economic chaos and failure.
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About the Author: Dr. Rob Smorfitt RSS for Dr. Rob's articles - Visit Dr. Rob's website Have an MBA and a PhD in entrepreneurship. Three key areas of ongoing research are entrepreneurship and innovation in large business strategy, the impact of legislation on SME development and SME finance. Run my own SME blog at http://sme-smb-smme.blogspot.com as well as an entrepreneurship and innovation for large businesses blog at http://innoveur.blogspot.com I have been self-employed since 1982. I have started or purchased in excess of 50 businesses since then. Most were sold again and a few were shut down because of a lack of profitability. Many were run by staff or family while I worked full time in my bigger businesses. Author of 6 books. Written articles for various magazines, newspapers and websites. Experienced in research within developing countries.
Click here to visit Dr. Rob's website  
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Related Forum Posts
Re: In-House or Outsource?
- Unfortunately, in the South African context, very few SMEs see outsourcing as an option. They believe it is too expensive, and they are paranoid that someone will "steal their ideas".
I believe that the three main functions that cannot be outsourced are marketing, sales and strategy. These must be done in house I believe. If you do not have the marketing skills then get them. Hire a consultant or attend a course, but get the skills. Even if you use a consultant, you need to understand what marketing is about, as no one knows your market like you do. Marketing is made to seem difficult and complex, but everyone who really understands their markets, can easily learn to do their own marketing.
In South Africa, labour legislation is extremely inflexibile, and consequently labour broking is a large industry. This is an ideal starting point for SMEs in South Africa, as it is a legally complex area, whih comes with severe penalties.
I say do it!
Rob Smorfitt
Re: need advice
- Africa is a pretty big place I think it is a question of where in Africa you would like to open a call centre. South Africa for example actually has plenty of call centres already operating, so it would very much depend on what part of Africa you are considering.
MichelleJ
Re: Join an inventor's group
- [quote="ideasuniversity":1cd2fidx]Thanks for this list, will check out if we have this kind of Group in South Africa. I will be glad to be part of them since I am passionate about creating ideas and implementing them.[/quote:1cd2fidx]
I would also be very interested in knowing if there was such a group in South Africa, because I am
sure that some of the laws etc. surrounding patents might be a bit different here.
MichelleJ
Re: Newbie from Africa
- Hello Biiyke
Welcome to the forum. Which part of Africa are you from it is quite a big continent? I live in South Africa.
MichelleJ
Re: Newbie from Africa
- [quote="MichelleJ":1mn7d7fx]Hello Biiyke
Welcome to the forum. Which part of Africa are you from it is quite a big continent? I live in South Africa.
MichelleJ[/quote:1mn7d7fx]Hello MichelleJ,Nice to hear from you.I live in Nigeria.I am also trying to reach the South African market because I know You guys have a lot of unique stuff to show the world!
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