Foundation hosts event to educate youths about business entrepreneurship

2016-03-30 06:00

THE unresolved and increasing unemployment rate prompted a non-profit youth organisation - Source of Hope Youth Foundation - to host an event to which Eastwood pupils were invited, and which highlighted the importance of entrepreneurship.

This event was held at the Eastwood community hall and attended by pupils and representatives from the Source of Hope Youth Foundation, Msunduzi Municipality, Ithala Bank, Small Enterprise Development Agency YM Entrepreneurship, Eastwood Library­, Youth for Christ, Pietermaritzburg Chamber of Business and the Independent Electoral Commission.

Source of Hope Youth Foundation chairperson Njabulo Togane said: “Within Source of Hope we have people who passed matric and struggled to find employment. These people are just a reflection of what thousands of youths are going through.

“We then saw a gap where there is a need to educate people about entrepreneurship. Not everyone can be an entrepreneur, but we encourage people to always have ‘plan B’. The number of unemployed youth, whether graduates or not, is increasing every year due to the lack of job opportunities.

“The high rate of unemployment is the huge contributing factor to some leading social problems in communities and social problems like poverty, crime, drug abuse, and so on,” said Togane.

About 90 pupils will participate in an entrepreneurship training programme facilitated by YM Entrepreneurship.

“Young people should be leaders within their communities. Through this programme we want to create opportunities for pupils who would not be able to go to varsity to become successful entrepreneurs. It has been said many times that young people should engage themselves in business as there are many opportunities created by the government for small and medium­ businesses in South Africa. It is now up to us as the youth to utilise every opportunity at our disposal and contribute to the economy of the country,” added Togane.

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