eNCA contributor Mpho Lakaje spoke to small business owners, who’ve been able to grow their start-ups amid the pandemic. Courtesy #DStv403
JOHANNESBURG - With South Africa’s unemployment rate having hit a new record, what role can small businesses play to create much-needed jobs?
Economists have long argued that the country should be cultivating a culture of entrepreneurship to steer the economy in a different direction.
WATCH | Discussion | Unemployment stats
On Tuesday, StatsSA announced that the unemployment rate now stands at a staggering 34.9 percent.
This means more than 7.5 million people are out of work.
With South Africa’s joblessness reaching unprecedented levels, analysts argue that government should look to small businesses to power the economy.
* eNCA contributor Mpho Lakaje reports.
