Small Business Focus

What small businesses wish from next Wednesday's Budget Speech

The Money Show’s Bruce Whitfield interviewed Aurik Business Incubator Director and CEO Pavlo Phitidis for his weekly small business feature.

Phitidis discussed what he expects from Finance Minister Pravin Gordhan’s Budget Speech next Wednesday (24 February), and why.

Scroll down for quotes from the audio below.

We’re not making ourselves open for business in South Africa. We need to the change the headlines.

Pavlo Phitids, Aurik Business Incubator

When a business matures groupthink typically emerges. When this happens it’s typically the beginning of the end.

Pavlo Phitids, Aurik Business Incubator

We need to trust Government again.

Pavlo Phitids, Aurik Business Incubator

The best entrepreneurs in the world are going to the west coast of the United States. Their educations are being paid for by other governments! We’re missing a trick here.

Pavlo Phitids, Aurik Business Incubator

The venture capital industry in South Africa is in a nascent phase.

Pavlo Phitids, Aurik Business Incubator

If we do not create an environment that keeps entrepreneurs here, I’m not sure where we’re going.

Pavlo Phitids, Aurik Business Incubator

We need absolute regulatory certainty.

Pavlo Phitids, Aurik Business Incubator

How about creating a start-up visa?

Pavlo Phitids, Aurik Business Incubator

We need one economic vision. People need some level of certainty.

Pavlo Phitids, Aurik Business Incubator

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This article first appeared on 702 : What small businesses wish from next Wednesday's Budget Speech


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