Rustenburg - The National African Federated Chamber of Commerce and Industry (Nafcoc) in the North West is ready to support young people to venture into business, the chamber said on Wednesday.
"We are ready to offer support to young people in business to scale up and guide those who have an appetite to venture into business. We understand that many were in the past discouraged by a system of patronage and corruption, where only those who were politically connected received all the support they needed," said spokesman Tshepang Ramosepele.
"We, therefore, call on young people to become entrepreneurs and not tenderpreneurs. Our experience has shown that the latter is not sustainable and does not have growth prospects."
He said there was not much for the youth to celebrate as the country celebrates youth month.
"The North West province, much like other provinces, faces a huge challenge of unemployment amongst young people. It is estimated that up to 35 percent of young people in the province are unemployed. We believe that the youth must be afforded the necessary support to become job creators."