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SME's - regulation in Africa

SME's - regulation in Africa

Reviewing two countries in Africa, South Africa and Botswana, one finds that regulation is rife. Regulatory compliance for SME's is an absolute nightmare in these countries.

What makes these governments overregulate? Is it the black collectivism culture which comes with a culture need for leaders to make all the decisions? Is it the result of colonialism where the colonial powers themselves encouraged this by not allowing the local inhabitants any say in government? Is it the strong socialist tendency with strong labour movements, a carryover from their communist groundings?

I suspect that perhaps it a combination of all of the above, in varying mixes.

However, the African governments need to realise their error, and move to a more free society economically speaking!
Rob Smorfitt





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Dr. Rob Smorfitt
(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 businesses, the impact of legislation on SMEs 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 40 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 in full time employment in my bigger businesses. 6 books written in Entrepreneurship and Project Management educational field. Written articles for various magazines, newspapers and websites. Married with 3 children (22, 21 and 14).

Dr. Rob Smorfitt is a Platinum author on EvanCarmichael.com
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