Youth Owned Businesses Must Have Access to Funding

11th September 2014.


The IFP calls on the Minister for Small Business Development, Lindiwe Zulu, to consider the importance of ensuring that rural youth owned businesses are funded and get the necessary coaching and logistical support.


"We are aware that the Ministry for Small, Micro and Medium Enterprises (SMME) is a newly established department and we would like to see this department work closely with the Department of Trade and Industry to develop a clear plan on how it will benefit unemployed youth. This plan must then cascade down to the people who matter most in this regard, namely our young entrepreneurs who want to develop business skills to grow their particular businesses. It should set up regional offices that would provide information and services in areas where it is most needed," said IFP Youth Brigade National Chairperson, Mr Mkhuleko Hlengwa, MP.


"We further call on the Minister to urgently conduct workshops and Izimbizo, especially in rural areas to educate young people about programmes they have in the department, including learnerships and internships in all government departments. Even the best of plans will be of no use if our young people are not aware of them and cannot get access to the offices that will assist them," continued Mr Hlengwa.


"The IFP will raise this issue in Parliament in order to put pressure on government to speed up the process of addressing youth issues. There has to be inter-departmental cooperation between the Ministry for Small Business Development, and it's counterpart the Ministry of Technology so that internet access is made available to the people in rural areas. This can be done by utilising established institutions such as community libraries, schools and places of worship," concluded Mr Hlengwa.



Issued by:

IFP Youth Brigade National Chairperson,

Mr Mkhuleko Hlengwa, MPL, 083 871 2711


For Media Enquiries: 

IFP Media Liaison Officer, Mr Phendulani Biyase, 073 024 5675