We, FATIMA SAYED, SAARAH LEITH, JOSIAH MAZIBUKO, ZOOBEIDA ABDUL, THABO DLADLA and CASSIM MOTALA, declare that the contents of this project represent our own unaided work and that the project has not previously been submitted for academic examination towards any qualification. Furthermore, it represents our own opinions and not necessarily those of Gordon Institute of Business Science.
TABLE OF CONTENTS
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1.
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Introduction
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6
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1.1 Youth Unemployment
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6
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1.2 Entrepreneurship
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7
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1.3 Overview of the South African Wholesale & Retail Trade
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7
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2.
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Research Goal
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7
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2.1 Research Objectives:
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7
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2.2 Scope of the Project
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7
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2.3 Assumptions:
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8
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2.4 Research Questions
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8
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3.
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Factors Contributing To Youth Unemployment
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9
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Lack of entrepreneurship opportunities
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9
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3.2 Lack of skill development, education and work experience.
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9
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3.3 An unstable political climate
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9
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3.4 Inequalities in Education
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9
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3.5 Limited Market Opportunities
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10
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4.
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Literature Review Summary
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10
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5.
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Gaps, Findings and Misalignment in Current Programmes
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11
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6.
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Key Learnings from the Diepsloot Immersion
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12
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7.
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Current gaps in entrepreneurial development
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12
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8.
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Current Initiatives To Address Youth Unemployment:
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13
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8.1 Government legislative and policy frameworks to address youth unemployment
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14
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8.2 Initiatives by the Private Sector to address youth unemployment
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14
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9.
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Entrepreneurship:
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15
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9.1 Core Skills for an Entrepreneur
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15
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9.2 Current funding initiatives available to entrepreneurs:
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16
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9.3 International Perspective: Youth Employment And Entrepreneurial Development
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16
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10.
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International Perspectives on Youth Unemployment and Entrepreneurial Development
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18
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11.
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Summary of Research Findings
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19
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12.
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Evaluation of Current Government Initiatives
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25
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13.
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Possible Solutions for Youth Employability
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26
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14.
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Findings
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28
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15.
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Identification of Key Stakeholders that would make the most impact
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29
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16.
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Analysis of Recommendations in order to develop the Business Case
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30
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17.
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Business Need and the Current Situation
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32
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18.
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Business Case (18-26)
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32
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19.
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Bibliography
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41
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20.
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Appendices
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43
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