Gender inequality remains one of the most pressing socio-economic challenge in South Africa despite the presence of policy initiatives that target women for empowerment. The lack of consensus in the literature of a reliable and consistent measurement instrument of gender equality also makes it difficult to quantify and analyze female empowerment issues. The objective of the study was to estimate a measure for female empowerment, Gender Status Index, for South Africa and then use the index to analyze the relationship between entrepreneurship, economic growth and female empowerment. Using annual data from 1991 to 2017, an ARDL model of female empowerment (GSI), female entrepreneurship (Total female Self-Employment) and economic growth (Real GDP growth) was estimated. The study found that entrepreneurship has a positive impact on economic empowerment but no significant relationship on political and social empowerment. The study recommends more entrepreneurship institutions for female economic empowerment and ongoing policies initiatives that are more direct toward supporting female empowerment.

Understanding the relationship between entrepreneurship and key macroeconomic growth indicators is

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The rapidly growing informal micro and small-scale enterprise sector in Zimbabwe is an issue of concern because the government is still struggling to revive the economy from the effects of economic meltdown. Of main concern is the lost revenue through tax evasion. The growing informal sector is believed to be a result of the poor quality of certain institutions, high corruption levels in the country and lack of incentives to formalize. The objective of this study was to analyze the impact of growth constraints on the willingness to formalize by informal MSEs. Twenty internal and external growth inhibiting factors were analyzed using Principal Component Analysis (PCA) and a logistic model was estimated on a dichotomous variable of willing/not willing to formalize. The results show that willingness/unwillingness to formalize by informal entrepreneurs in Zimbabwe is significantly related to institutional imperfections and asymmetry of bureaucracy associated with the registration process, lack of access to technology, market and financial constraints and lack of entrepreneurial and management skills. Improving the bureaucracy of the registration process and access to technology may possibly increase the odds of the informal operators formalizing their businesses. However, improvement in market and financial constraints and entrepreneurial and managerial skills will decrease the odds of willingness to formalize.

The new view on MSEs in the informal sector perceives them as being permanent, stable activities comprised of dynamic businesses that affect most economic activities. As such, they need to be considered in economic policies to ensure that they can grow and contribute to the national economy. In Zimbabwe, policies for entrepreneurial development are mainly informed by formal - sector enterprises. This study analysed the similarities and differences in the growth constraints of MSEs operating in the formal and informal sectors in Harare, Zimbabwe . Using descriptive statistics and principal component analysis, the study analysed 21 internal and external growth constraints. The findings were that formal - sector MSEs perceive internal factors as constraining them the most, while informal MSEs perceive external factors as constraining them the most. The study concludes that a common policy approach cannot work in addressing the needs of the two sectors. Sector- specific policies need to be formulated in order for the enterprises in both sectors to fully contribute to the national economy.