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Fear of failure hinders South Africa’s aspiring entrepreneurs

According to the 2017/2018 Global Entrepreneurship Monitor Report, 43% of South Africans perceived good entrepreneurial opportunities, yet only 11% of entrepreneurs were engaged in Total Early-stage Entrepreneurial Activity and had taken the steps to start a new business. Further to this, 31% of respondents had reported to have a fear of failure when starting a business.

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In just 8 months, SA's 'Uber for bakkies' has signed up dozens of trucks in Gauteng

  • Droppa is a new app that allows South Africans to order trucks and bakkies for deliveries.
  • Khathutshelo Mufamadi worked as a computer programmer at a bank for seven years before leaving to start the business. 
  • He has 60 trucks and bakkies signed up.

While working as a computer programmer at a bank, Khatutshelo Mufamadi, used his own bakkie for deliveries in his spare time.

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