The 2012 Sanlam / Business Partners Entrepreneur of the Year competition has seen a 5% increase in the number of female finalists which is a critical sign that speaks to general health of the South African economy, say organizers of the competition.
The resonates well with the GEM research report on South Africa which showed that the total early-stage Entrepreneurial Activity (TEA) for South African females improved by 161.3% from 2001 – 2010, growing from 3.1% to 8.1%.
In a statement the organizers said female entrepreneurial activity has been proven to be a major catalyst in triggering economic growth in developing countries.
via South African women venture into entrepreneurship | UJUH.
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