Latest newsThe National Development Plan envisioned that, by 2030, SMMEs will contribute 60-80% to GDP increase and generate 90% of the 11 million new jobs in our country. But, despite these ambitions, South Africa continues to have one of the highest unemployment rates in the world, with South Africa's official unemployment rate increasing to a record high of 32,5%, meaning 7,2 million South Africans are unemployed*. More pressing, though, youth unemployment was up at an alarming rate of 63,2%, meaning only one in three young people of working age is employed. 23 Jun 2021 Read more
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