“Because young South Africans can no longer rely on the formal sector for employment, it has become imperative to equip them with the acumen they need to start and run businesses that thrive.”
South Africa’s unemployment rate is still too high, with various governmental plans so far seemingly unable to address it. Thus, entrepreneurship has been positioned as a solution.
Centennial Schools’ CEO and founder, Shaun Fuchs, says entrepreneurship is a driving force behind the country’s economic growth, especially in the small, medium, and micro enterprise sector, which supports thousands of employees. “There has been a push for government policies that support entrepreneurship, enhance vocational training, improve access to finance, and encourage private-sector investment – and, while the wheels have slowly started turning, it’s clear that more needs to be done, much faster.”“There is a real need to provide learners with a future-forward education that harnesses technology, encourages lateral thinking, and teaches skills they can take forward with them.
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