Solving SA’s unemployment crisis through entrepreneurship
While the unemployment rate for the fourth quarter of 2016 as released by Statistics South Africa on Tuesday decreased from 27.1% (Quarter 3 of 2016) to 26.5%, urgent action and support structures are still required in order for local entrepreneurs to do what they do best – create jobs. This is according to Kobus Engelbrecht, […]
Perception shift needed among SA youth to create next generation of entrepreneurs
It was recently revealed by a UN agency report that global youth unemployment has risen to near its crisis peak and predicted that it will keep on rising over the next five years. According to Nimo Naidoo of the Sanlam/Business Partners Entrepreneur of the Year® competition, South Africa is in a similar situation and says […]
Entrepreneurship could cure SA’s growing youth unemployment crisis
Youth unemployment in South Africa has reached boiling point and has spurred on heated political debates and mass protests ending in violence. Governments around the world have tried to react to the mass youth protests and the swelling problem by implementing labour market policies, such as subsidised wages, tax incentives and encouraging school-work transition through […]
More female entrepreneurs needed in SA
South African women make up approximately half of the country’s work force and therefore play a crucial role in the development of the economy. However, the low level and quality of female entrepreneurship in South Africa is hampering entrepreneurial growth and activity, as well as the country’s economic development. According to Nimo Naidoo, project manager […]