Bandwidth Barn News & Discussion Board

I came across this very interesting article by Carlos Montaner on Google today and thought I would share this with you. He asks the question “…why is it that creative people don’t emerge in the Third World, capable of developing innovative products and building companies that market those products, create jobs, generate large profits and influence decisively the fate of this planet?”

He comes to a very interesting conclusion that the State in Third World countries stifles entrepreneurship and “… offers only hindrances, corruption, parasitic bureaucrats who demand bribes to not paralyze people’s projects; it is manned by individuals well connected with the political power, who protect their businesses from free competition, thus harming the consumers.”

It would be interesting to get your feedback on the article and also to hear your opinion on the state of entrepreneurship and entrepreneurial support in South Africa.

Read the full article at: http://www.miamiherald.com/opinion/other-views/story/668222.html

The UCT Graduate School of Business (UCT GSB), through its Executive Education unit, has become the first business school in South Africa to launch a blogging platform that will enable some of the world’s leading business and leadership experts at the School to interact with businesspeople online.

According to Dave Duarte, one of the architects of the blogging platform, the UCT GSB has taken a bold step with the new online initiative. Duarte is founder and director of the highly successful new-media marketing programme at the UCT GSB, called Nomadic Marketing.

Read more…  http://www.cbn.co.za/dailynews/3148.html

Source: Cape Business News, September 2 2008