JOB CREATION
Turn every community into entrepreneurs’ hothouse
We need a whole-of-society approach, involving every parent, teacher, civil servant and politician
Recent Statistics SA research indicates that the country’s total unemployment rate stands at 26.7%, which is significantly higher than what is targeted for 2030 in the National Development Plan (NDP) and which suggests that about 11-million more jobs need to be created in the next 12 years to reach the targeted unemployment rate of 6%. The only way to achieve the exponential employment growth required to reach the NDP’s 2030 goal is to enable the country’s unemployed to create their own opportunities through entrepreneurship. Make no mistake, this is a mammoth task, and the question of how to accomplish it within the limited timeframe remains unanswered. Considering the fact that the youth population accounts for 63.5% of the total number of unemployed people, they should be the primary focus for initiatives and programmes to foster entrepreneurial skills. But entrepreneurship is not as simple as saying, "If you cannot find a job start a business." The skills and attitudes required ...
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