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 This is not only outdated in South Africa today; it is outdated in the world.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

Tilting towards equality: Can nudges improve gender inclusion?

08 Feb 2021

In the fight for greater gender equality and inclusion, governments, NGOs and other stakeholders are increasingly recognising the power of nudges to change human behaviour. The results are promising.


Read More >

 

Harambee in the News

Where is the Office?

28 Jan 2021

Maryana Iskander, CEO of Harambee Youth Employment Accelerator, shares her perspective around adapting to new ways of work in Episode 3 of Echo Radio’s “Where is the office?”.


Read More >

 

Harambee in the News

Free training videos launched as part of safe back2work campaign

21 Jan 2021

As thousands of South Africans return to work from the far reaches of the country and beyond, workplace safety takes the spotlight. Anticipating this need, the Return2Work Initiative has launched a range of punchy and accessible safe back2work videos.


Read More >