The 2012 Global Entrepreneurship Monitor (Gem) report, which was released earlier this year and surveyed 198 000 adults in 69 countries, shows that in comparison with other emerging countries South Africa continues to fare dismally in creating new entrepreneurs.
Last year fewer adults were involved in starting up a business than in 2011, with South Africa's total early-stage entrepreneurial activity (TEA) rate – the percentage of adults involved in starting firms younger than three-and-a-half years – falling from 9.1% in 2011 to 7.3% last year.
To read the full, original article click on this link: Global entrepreneurship report puts SA below average | Business | Mail & Guardian
