Unemployment stats | How can small businesses create jobs?

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.  

READ: SA's Q3 unemployment rate rises to 34.9%

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.


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