Unemployment has been declared a national crisis in South Africa. Half of the countries youth are unemployed. Can entrepreneurship provide the answer? The insert examines the Kasi economy or “Kasinomic Entreprevolution”, a multi-billion Rand network of opportunity that could provide the answer to youth unemployment.

Among the youth, we need to change our perception of what is considered a job. We have a system of education and aspiration which believes a job is an 8 to 5 situation with a payslip. This is not only outdated in South Africa today; it is outdated in the world. Jobs are sometimes informal, or sometimes you may have many jobs or income streams. This is the future, and when we can free ourselves from the ‘power of the payslip’ and instead aspire to be self-employed, and to find opportunities in the Kasinomic sector, then the opportunities are huge.

Lebo Nke, Executive at Harambee

Lebo Nke, Executive at Harambee Youth Employment Accelerator gives context on the barriers youth encounter on their pathway to employment.

 

 

 

 

 

 

 

This video insert originally appeared on M-Net’s Cart Blanche programme on 23 June 2019 under the title “Kasinomic Entreprevolution“. 

Other Interesting Articles

Harambee in the News

Cyril Ramaphosa is on the right track with youth unemployment

25 Feb 2020

The government is listening to the experts on how to better prepare young people for the job market.


Read More >

 

Tracey Swart

Harambee in the News

Youth employment in KZN gets a boost with appointment of new leadership at Harambee

24 Feb 2020

Tracey Swart, highly respected business leader with more than 20 years of experience, has joined Harambee Youth Employment Accelerator to assume leadership of the KZN business development team.


Read More >

 

Harambee in the News

How can we get more young people working?

12 Feb 2020

We urgently need new ways of moving young people along non-linear, zig-zagging and increasingly short-term journeys from school to work. 


Read More >