Corruption and lack of transparency hamper business creation

Corruption and lack of transparency in business are the main constraints to the creation of innovative companies in the country.
The conclusion comes after a survey by Forbes Insights presented this Tuesday in Maputo,the Djembe Communications.The study was conducted in four African countries:Mozambique,Angola,Ghana and Nigeria.Victor Nhatitima,manager Djembe Comunications Mozambique, explained that were interviewed a thousand people in the country where half points out corruption as a major barrier for entrepreneurs.Nhatitima says that surveyed young people understand the difficult access to credit and excessive bureaucracy in government policies are other weight constraints.
Respondents still believe that entrepreneurship will be responsible for creating 39% of youth employment in the country and that government public institutions will create more than half of these work stations over the next five years.

Almost 40% of respondents believe that the reinvestment in natural resources can be a key driver of entrepreneurship.Instirutions,academics and businessmen participated in the launch of the research on job creation in sub-Saharan Africa.