Entrepreneurial and Small Business Operations Commons^™

Growing ‘Black Diamonds’: The Role Of The Government In Small Business Development And Black Entrepreneurship, Will Houghteling

Independent Study Project (ISP) Collection

One of the most damaging and threatening legacies of the Apartheid system is the enormous wealth inequality gap that still persists today. The gulf between the ‘haves’ and the ‘have-nots’ perpetuates problems of crime, educational attainment gaps and racial isolation and therefore minimizing this inequality is central to future economic stability and national success. In an effort to reconcile past injustices and create a more even and just wealth distribution the post Apartheid government focused on aiding black small business development and spurring entrepreneurship to as a sustainable route to economic growth and job creation. However, as various reports indicate, …