Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?

Black-youth-owned enterprises are essential to sustainable development and wealth creation for rural-based municipalities like the Vhembe District Municipality, where they can play a pivotal role in economic growth. This paper aims to explore the socio-economic determinates of entrepreneurship tren...

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Main Author: Thulani Andrew Chauke
Format: Article
Language:English
Published: University of Johannesburg 2021-06-01
Series:The Thinker
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Online Access:https://journals.uj.ac.za/index.php/The_Thinker/article/view/529
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author Thulani Andrew Chauke
author_facet Thulani Andrew Chauke
author_sort Thulani Andrew Chauke
collection DOAJ
description Black-youth-owned enterprises are essential to sustainable development and wealth creation for rural-based municipalities like the Vhembe District Municipality, where they can play a pivotal role in economic growth. This paper aims to explore the socio-economic determinates of entrepreneurship trends among Black youths in the Vhembe District Municipality. The investigation focused on youths living in the Vhembe District Municipality in Limpopo province, South Africa. The study used judgmental non-probability sampling to sample the participants. The study used qualitative research to collect and analyse data. The unstructured interview was used to gather data from the participants. Thematic analysis was used to analyse the data collected. The study findings revealed that Black youths in the Vhembe District decided to be entrepreneurs to empower their communities, escape underemployment and scarcity of jobs, create jobs, and stimulate economic growth. The paper recommends that the Department of Women, Youth and Persons with Disabilities in the Presidency, in collaboration with the Department of Small Business Enterprise Development and the National Youth Development Agency, should provide a two-year internship for young Black entrepreneurs in foreign companies that specialize in mining, technology, creative industries, and agriculture. When these Black youth return home, the government should set aside a Presidential Youth Fund to assist them to start their own businesses in the same industry.
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spelling doaj-art-1b6d6bf80f7542d5bb01acd57604d8cc2025-01-28T09:02:30ZengUniversity of JohannesburgThe Thinker2075-24582616-907X2021-06-0187210.36615/thethinker.v87i2.529Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?Thulani Andrew Chauke Black-youth-owned enterprises are essential to sustainable development and wealth creation for rural-based municipalities like the Vhembe District Municipality, where they can play a pivotal role in economic growth. This paper aims to explore the socio-economic determinates of entrepreneurship trends among Black youths in the Vhembe District Municipality. The investigation focused on youths living in the Vhembe District Municipality in Limpopo province, South Africa. The study used judgmental non-probability sampling to sample the participants. The study used qualitative research to collect and analyse data. The unstructured interview was used to gather data from the participants. Thematic analysis was used to analyse the data collected. The study findings revealed that Black youths in the Vhembe District decided to be entrepreneurs to empower their communities, escape underemployment and scarcity of jobs, create jobs, and stimulate economic growth. The paper recommends that the Department of Women, Youth and Persons with Disabilities in the Presidency, in collaboration with the Department of Small Business Enterprise Development and the National Youth Development Agency, should provide a two-year internship for young Black entrepreneurs in foreign companies that specialize in mining, technology, creative industries, and agriculture. When these Black youth return home, the government should set aside a Presidential Youth Fund to assist them to start their own businesses in the same industry. https://journals.uj.ac.za/index.php/The_Thinker/article/view/529EntrepreneurshipBlack YouthsSouth AfricaPeer reviewArticle
spellingShingle Thulani Andrew Chauke
Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?
The Thinker
Entrepreneurship
Black Youths
South Africa
Peer review
Article
title Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?
title_full Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?
title_fullStr Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?
title_full_unstemmed Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?
title_short Entrepreneurship Development Among Black Youths in South Africa: A Choice or Neccesity?
title_sort entrepreneurship development among black youths in south africa a choice or neccesity
topic Entrepreneurship
Black Youths
South Africa
Peer review
Article
url https://journals.uj.ac.za/index.php/The_Thinker/article/view/529
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