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
To learn more about this author, visit Rob Smorfitt's Website.
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Rob Smorfitt
(Visit Rob's Website)
Based in Pietermaritzburg, South Africa.
Married with 3 children (22, 21 and 14).
Have an MBA and am currently doing a PhD
in entrepreneurial success. I have been
self employed since 1982. I have started
26 and bought 5 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 SME
and Project Management educational field.
Written articles for various magazines,
newspapers and websites.
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