Female entrepreneurs at margins of mainstream economy - CGE
By Siphelele Dludla
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Female entrepreneurs in South Africa continue to be at the margins of the mainstream economy, with only less than 20 percent female-owned businesses receiving the requisite support to succeed.
The Commission for Gender Equality (CGE) yesterday expressed concern over the lack of financial support for female entrepreneurs and female-owned businesses.
A recent study by the CGE found that female empowerment programmes were characterised by varying degrees of poor administration and mismanagement.
CGE deputy commissioner Dr Nthabiseng Moleko yesterday said that this left scores of female entrepreneurs out of opportunities.
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Rose-Act Saturday School in Johannesburg’s Alexandra township has become the latest full-time global recipient of the Girls4Tech Connect digital programme.
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This is revealed in a new research study published on Wednesday by World Wide Worx.
The report, titled Online Retail in South Africa 2021, is backed by Mastercard, Standard Bank and Platinum Seed.
Big numbers
Arthur Goldstuck, MD of World Wide Worx and principal analyst on the research project, says the total online sales figure of around R30.2 billion locally last year is more than double that of 2018 (R14.1 billion).