Tag: formal employment
Accelerating business growth in the franchise sector
While COVID-19 put the brakes on the economy, the post-pandemic recovery has almost been stymied by the ongoing Russian war on Ukraine and the impending fears of a US recession, contributing negatively to economies around the world. Through the most challenging hurdles, however, the franchise sector in South Africa has remained steadfast in its goals to grow the economy and create jobs.
SA’s approach to energy transition could be a lesson for Africa
From October 3 to 7 this year, African and global leaders in the oil and gas sector will converge in Cape Town for Africa Oil Week. In the lead-up to the conference, the debate around Africa's use of its natural resources for its benefit is coming into sharp focus, including the conference host country - South Africa.
Practical tips for young entrepreneurs setting out to build a business
Global Entrepreneurship Week celebrated entrepreneurs and aims to inspire more young people to make their mark in society. It's a timely reminder that we need to support youth entrepreneurship in South Africa to address our unemployment crisis and catalyse economic growth.
Supporting the rise of the side hustle economy
Over the past decade, South Africa has seen a sharp increase in the number of people earning an income outside of formal employment. For some, the need for a self-generated income arose from falling victim to the country’s steadily rising unemployment figures.
Starting again #4: Did I learn from the past?
Many entrepreneurs will have no option but to close down their businesses. With the ravaging effects COVID-19 has had on the economy, formal employment may not be an alternative for many. Starting again is the only choice available for these entrepreneurs.
Starting again #3: Was I honourable?
Many entrepreneurs will have no option but to close down their businesses. With the ravaging effects COVID-19 has had on the economy, formal employment may not be an alternative for many. Starting again is the only choice available for these entrepreneurs.
Starting again #2: I have more than last time
Many entrepreneurs will have no option but to close down their businesses. With the ravaging effects COVID-19 has had on the economy, formal employment may not be an alternative for many. Starting again is the only choice available for these entrepreneurs.
Starting again #1: There is no shame
Many entrepreneurs will have no option but to close down their businesses. With the ravaging effects COVID-19 has had on the economy, formal employment may not be an alternative for many. Starting again is the only choice available for these entrepreneurs.
