More than half of the South Africans who run their own businesses are youth, according to the Real State of Entrepreneurship Survey 2017, undertaken by the Seed Academy. More than 1,200 entrepreneurs took part in the research project. Its findings also showed that the gap between male and female entrepreneurs was closing, with the latter now making up 47% of entrepreneurs.
While South Africa is considered an entrepreneurial leader in sub-Saharan Africa, its weakest link in terms of its entrepreneurial ecosystem is start-up skills. This poses the question, what skills can local youth be taught, in order to improve their appetite for entrepreneurship?
Talking to us about the various entrepreneurial opportunities out there, we had in studio with us: LJ Swart – MD at Oxigen Communications, Marie Schourie – CEO of The Workspace, as well as Busi Raphekwane from Transformation Legacy. We also catch up with Keri-Leigh Paschal from Nation Builder, about their Social Innovation Challenge.
