‘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 »
Africa Month is a time to celebrate and recognise the achievements and contributions of the African continent. One area where Africa has tremendous potential is in business and entrepreneurship. However, many African businesses face challenges accessing the capital they need to grow and expand. Debt financing can be a powerful tool for African businesses looking
Africa Month: Unlocking Opportunities for African Businesses 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 »
In the post-pandemic world, companies are losing female leaders at unprecedented rates as women take up better job opportunities or search for work-life balance. By The Gordon Institute of Business Science Female CEOs are still so rare that they make headlines when one resigns. In February 2023, Natascha Viljoen announced she was leaving her position
Why corporate SA must woo women leaders Read More »
You have a plan, you’ve started to implement it, but how do you get it to the next level by bringing in some outside investment? Just what makes an entrepreneur investment-ready? By Edge Growth We had a chat to some of Edge Growth’s team to find out exactly what they look for when they start
What makes an early-stage business investable? 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 »
A 100% black-owned recycling business in Newcastle has become another example of how growth support initiatives are integral to drive entrepreneurs to the next level of growth and scalability. The business was started in 2009 by three young entrepreneurs from Osizweni township in Newscastle, KwaZulu Natal. With a borrowed bakkie and no employees, these three
Exit and expansion for passionate KZN-based recycling start up Read More »
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