Foundation News

Upon researching the topic of Entrepreneurship, particularly for South Africa, the results are not as we wished they would be. A survey done last year by Seed Academy has shown that entrepreneurship is not thriving locally. This goes for entrepreneurs across the country. In this blog, we will have a look at the state of entrepreneurship in South Africa and …

As a Foundation, there is nothing better than getting honest feedback from those who are directly impacted by the Young Entrepreneurs programme. Furthermore, it gives you as prospective donors and investors an idea into the programme and how it works. In this blog, you will meet Siphoesthu Tonga from Johnson Nqonqoza School in Somerset East, South Africa. She gave us …

In our previous blogs, we discussed the importance of growing and equipping entrepreneurs as they are a vital part of the overall growth of our country. This is something that cannot be emphasised enough, and we are finally seeing some progress with regards to fostering entrepreneurship. Yes, Entrepreneurial activity amongst young people has seen a decline in South Africa. Even …

Welcome to a new year with a fresh perspective and endless possibilities. We are coming into this year refreshed and ready to impact more communities through education and skills development via our Young Entrepreneurs programme. As our first blog for the year, we thought it would be good for us as a foundation to share our goals and vision with …

Testimonials from principals As a foundation, we are continually seeking to impact the lives of children on a small scale as well as a larger scale. Therefore it is excellent for us to hear back from the very people we are seeking to help. Previously we heard from parents, teachers, learners as well as Young Entrepreneur facilitators on how the …

How to overcome these stumbling blocks We cannot deny the impressive growth that Africa has experienced in the past 25 years and our transitions to a digital economy. However, we cannot overlook the increase in youth unemployment. This continent has the largest youth population in the world, accounting for 60% of the jobless in Africa. This is a frightening statistic. …

We are all capable of an idea. This is where youth entrepreneurship takes shape – with a plan which will either fulfil a need or provide a service. But what is the next step? Once you have conceptualized your concept, you will move on to the planning phase, and then you will begin to ask the question that holds back …

It is safe to say that economically, South Africa has had a difficult year. This year it was stated that we are currently in a recession. In 2017, the World Bank downgraded the county, forecasting our growth to 0.6 per cent from 1.1 per cent at the beginning of that year. The saving grace of South Africa is the need …

An open letter from a Young Entrepreneurs facilitator In our previous blogs, we touched on the importance of teaching financial literacy and fostering a spirit of entrepreneurship in the lives of kids and teenagers. Furthermore, we have addressed the human value of these programmes and how it will yield so much return for these kids later in life. Along with …

Financial literacy means many different things to many different people, but here at Young Entrepreneurs Foundation, we believe it forms the basis of entrepreneurship. Entrepreneurship and small business, as so many studies have shown, not only provide a great number of jobs to the working sector, but the future is dependent on them to continue providing more jobs and secure …