Thursday, August 12, 2021

South African Women Entrepreneurs Persist Despite Daunting Challenges

A recent study conducted by Lionesses of Africa reveals how South African women entrepreneurs persist despite daunting challenges due to the global pandemic. The research found that women entrepreneurs responding to the survey lead enterprises while managing family responsibilities with 76% having children in their home.

The pandemic affected female employers to the extent that Covid-19 negatively affected their revenues by 82%.

Despite this, South Africa’s women entrepreneurs expressed optimism about their revenue outlook for the remainder of 2021, with 76% of respondents expecting to increase their revenues.

Read more how female entrepreneurs are weathering the COVID-19 storm.

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