Bernard Swanepoel: Set small businesses free and the result will shock SA

Mining entrepreneur Bernard Swanepoel has transformed from CEO of one of the world's biggest gold miners into a champion for small business. In this interview on Rational Radio, the chairman of the Small Business Institute (former the AHI) talks straight about where the SA economic recovery will come from. He reckons the appointment of a Small Business minister in the cabinet was a bad decision because these companies need to be treated as an integral part of the whole economy. He points out that in SA only 28% of jobs are created by formal SMEs - under half the global average of 60%. No mystery, then, on how to make a proper dent in the country's high rate of unemployment.