On the eve of Youth Day, Ntokozo Khumalo discusses whether starting a business could help reduce youth unemployment in the country BUSINESS DAY TV: As SA’s youth mark Youth Day tomorrow, youth unemployment has climbed to a record high, leaving young people feeling like they have very little to celebrate or commemorate. But the picture is not completely bleak, especially for those who hone in on their entrepreneurial spirit. Business Day TV reporter Ntokozo Khumalo filed this report, let’s take a look. NTOKOZO KHUMALO: More than a quarter of South Africans are unemployed and at least half of that figure is young people under the age of 34. These are the stats the Global Entrepreneurship Monitor sees as a ticking time bomb. The Hope Factory, which mentors entrepreneurs across the country, says that although government and corporates alike have been punting entrepreneurship to help tackle unemployment, starting one’s own business still has negative connotations to many. HF: "It’s not a...
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