‘Township economy’ refers to enterprises and markets based in the townships. These are enterprises operated by township entrepreneurs to meet primarily the needs of township communities and therefore can be understood a ‘township enterprises’ as distinguished from those operated by entrepreneurs outside the townships. How big is the township economy? An estimated 17% of South Africa’s […]
The importance of ‘Township Economies’ Read More »
Private sector funded non-profit, the Youth Employment Service (YES), has deployed 100,000 young South Africans into the private sector within just four years. With most of these youth coming from disadvantaged backgrounds, they have the chance to not just change the course of their lives, but also that of the country, says YES chief executive
YES surpasses 100,000 jobs mark Read More »
Pizza Hut has partnered with the Youth Employment Service (YES) to launch LeadHERship, an initiative to address youth unemployment and gender inequality in South Africa. The program targets women aged between 18 and 24, where almost two-thirds of individuals in this age group are not economically active, with over 70% female. LeadHERship provides these women
Pizza Hut gives young women a slice of the pie Read More »
Bayer supports Agricareers roadshow to showcase career opportunities in agriculture. While the official unemployment rate has eased marginally to 32.7%, South Africa’s unemployment rate is still one of the worst in the world, with 7.8 million people unemployed. Even more concerning is the country’s youth unemployment. Accounting for over half of SA’s employable population, this
Agriculture career spotlight Read More »
Enoch Mathenjwa’s journey in forestry goes way back – nearly four decades back to a different time in South Africa. In 1983 Enoch got his first job in forestry as a chainsaw operator for Shell Forestry in KwaMbonambi. Little did he know that he would eventually own 40 hectares of his own lush forests, scattered
Once a chainsaw operator – now a grower Read More »
South Africa’s failing infrastructure and local service delivery has been well-documented in recent years. Failing infrastructure has an outsize impact on township and rural communities with the growing digital divide in townships fuelling inequality. Townships were never designed to become major economic drivers, with the result that today they are characterised by high rates of
Will smart townships and informal settlements bridge the digital divide? Read More »
Significant and growing unemployment and poverty are risks to the sustainability of South Africa. A growing and sustainable SME sector does a great deal to contribute to the alleviation of these factors. Image: Richard Rose, CEO of the Fund Management division for Edge Growth To further assist this sector, FNB this week announced a R200
FNB commits R200 million for SME development with launch of Vumela 4 Read More »
Highly regarded as South Africa’s foremost authoritative resource featuring the latest projects, trends and developments in small business development. There is little doubt that entrepreneurship requires intentional support to be a major source of employment and driver of growth in our economy. Some of the common challenges experienced by these entrepreneurs are: access to markets;
The 2022 edition of the ESD Handbook Read More »
With successful butcheries already established in Thokoza and Katlehong, entrepreneur Dexter Letele, has secured a R5 000 000 loan to launch a third site, bringing Dexter’s Hyper Meat Market to the Vosloorus area of Natalspruit in Gauteng. The strong brand recognition and proven track record that Letele has achieved since first starting his business twenty years ago
Family run butchery business ‘meats’ funding requirements for expansion Read More »
The GIBS Entrepreneurship Development Academy, DHL Express and the Allan and Nesta Ferguson Charitable Trust are collaborating to bring the Cherie Blair Foundation for Women’s award-winning programmes to 3,500 women entrepreneurs to help boost their businesses! In ongoing efforts to unlock business skills for women, the Cherie Blair Foundation for Women has partnered with the
3,500 Women entrepreneurs to benefit from app-based and online training Read More »
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