In Mpumalanga, the Youth Development Fund; which began two years ago; has thus far supported businesses by younger people to the amount of R140 million since its inception.

This initiative has helped businesses created by the youth in various sectors, including manufacturing, transportation and logistics, mining, health, fitness, and many others. More jobs opportunities have also been created from the initiative’s beneficiaries.

In an effort to mitigate the staggering youth unemployment rate, the Premier’s Youth Development Fund was established in the province.

“We have seen them, we are monitoring them, we are not only assisting them in giving them what they need, we must put it on record, we are not giving them money. We look at the proposal, the concept… its sustainability and its viability,” Mpumalanga Premier, Refilwe Mtsewni-Tsipane, stated.
This current financial year, approximately R114 million is being spent to sponsor businesses created and operated by the youth.

Darul Ihsan Media Desk