[WATCH] 'Owning your own company is possible with the right mentorship'

South Africa’s unemployment rate rose to 29% in the second quarter (Q2) of 2019.

It is the worst unemployment rate since March 2003 when it stood at 29.3%.

There are nearly half a million more unemployed people in South Africa than a year ago.

RELATED: Is this week's Job Summit inclusive?

Are there innovative ways in which young people to find employment in South Africa?

In an attempt to address youth unemployment, 702 and Youth Employment Service host a Youth Economic Services Summit.

To create one million new 12-month work opportunities for young people in South Africa, the Youth Employment Service (YES) initiative has already found placements for 4600 youth in 2018. The YES programme, an initiative between business, government, labour, civil society and young people, launched earlier this year.

Eusebius McKaiser facilitates a discussion about youth unemployment and is joined by BBEE practising official Maxi Machada, YES Blossom Project Yvonne Sibanyoni, YES Kago Hub Agripreneur Mosesi Mosesi, Awethu Project's Yusuf Randera-Rees, Harambee Youth Employment Accelerator executive Lebo Nke and Desert Startup Bootcamp co-founder Mhlanganisi Madlongolwana.

Being unemployed for four years really took a toll and me...and now I own my own company...it is possible if you don't give up on your dreams...and mentorship is key.

Mosesi Mosesi, Agripreneur - YES Kago Hub

Sibanyoni also shares how the YES programme has assisted her in achieving her goals.

Listen to the full conversation below:


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