Students, professionals and entrepreneurs gathered in central Cape Town yesterday to hear from Yuri Maltsev.
The ex-Soviet economist’s presentation focused on the state of Cuba after decades of repression against economic freedom and its conditions that enable entrepreneurship. Ineng coordinator and entrepreneur Unathi Kwaza focused on several questions around the implications for SMMEs if politicians supporting the Cuban model have their way.
Maltsev pointed out the lack of economic freedom had meant a crumbling infrastructure, a repressive human rights record a number of propaganda efforts aimed at assuring the international community Cuba’s welfare was better than was actually the case.
“Economic freedom and human rights are intertwined,” explained the current professor of economics at Carthage College in the United States. He detailed the serious human violations, repression and poverty that continue in Cuba and countries like it.
Local residents from across the Greater Cape Town area participating in the roundtable included entrepreneurs and activists from Langa, Khayelistha, Crossroads and the city’s CBD area, South Peninsula and Northern Suburbs. One participant arrived from the Netherlands the morning of the event, accompanying a local participant.
Above: Unathi Kwaza from Ineng and Temba Nolutshungu from the Free Market Foundation.
The event, attended by Temba Nolutshungu of the FMF was co-sponsored by OutsourcedCFO, currently ranked the second best emerging business in the Western Cape.
Nolutshungu, who has pioneered the restoration of property rights for the disposed has teamed up with businessman Christo Wiese to deliver hundreds of title deeds, the focus of previous Ineng events.
OutsourcedCFO said was proud to support the development of entrepreneurship, joining experienced business leaders backing the creation of an enabling environment for enterprise.
The next event takes place in Khayelitsha this Saturday.