What do you believe is the single most important factor driving up the cost of living in Nigeria?

This year Aotearoa New Zealand saw the highest rate of business closures since 2015, with 10,662 companies removed from the Company's Office quarterly register.

During the second quarter of 2024, company removals increased by 2,786 (a 35.6% increase) compared to the same period last year. But the closures have not been felt equally.

Female entrepreneurs have been particularly hard hit. High-profile women-owned businesses such as Supy, Sunfed and Mina have all closed their doors.

According to one global report, family commitments, as well as the pandemic, posed bigger hurdles for women entrepreneurs than their male counterparts. In the survey spanning 49 countries, 18% of female entrepreneurs who quit or exited a business did so for personal and family reasons, compared to just 12.6% of men.

Our research examined the personal and family reasons behind women entrepreneurs' decision to exit their businesses. While the respondents we interviewed were based in the United Kingdom, the responses reflected experiences seen in New Zealand and elsewhere.

• Read More