Exchange control less of an obstacle for startups than before – Simodisa report
SA tech startups and those in the country’s startup scene say the once dreaded exchange control is less of an obstacle than in previous years, startup advocacy body Simodisa revealed in a policy report released today.
Yet while 27% of the 247 startups and those support startups who were surveyed in Simodisa’s latest industry report released today (31 January) say things have improved — a more significant 42% say things have remained unchanged.
A further five percent said things had deteriorated, while 22% said they did not know whether there had been any change.
The 247 respondents include startups, investors, those employed at universities, policymakers in NGOs and government, those who work for business support entities and business advisers.
