Tag: youth entrepreneurship
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.
REPORT | Education and internet access key for youth opportunities
The latest Stats SA’s Quarterly Labour Force Survey (QLFS) shows that 74.7% of youth (aged 15-24) in South Africa are unemployed. According to the expanded definition of joblessness, this takes youth unemployment to a 14 year record high in the first quarter of 2021.
Latest unemployment stats highlight dire need for youth entrepreneurship
According to the latest research by Statistics South Africa, the rate of unemployment among South Africans aged between 15 and 34 years, currently stands at 46,3 percent – and youth aged 15 to 24 years are the most vulnerable with over 63 percent of them not employed or in institutions of learning – these stats have worsened due to the pandemic.
