CAPE TOWN - The 21 entrepreneurs selected as finalists in South African Breweries’ (SAB) youth entrepreneurship development programme have created a total of 178 jobs in their respective communities this year, the company said on Thursday.
“The number of jobs created by this small group of entrepreneurs provides positive evidence that entrepreneurship, if given the appropriate support and guidance to grow, can make a meaningful impact on the challenge of unemployment that South Africa faces,” said Phumzile Chifunyise, enterprise development manager, SAB and AB InBev Africa.
The jobs were created as a result of the support provided by the SAB KickStart Boost programme.
“SAB sees the potential and value that entrepreneurs, in particular, youth entrepreneurs, offer to the country and a large amount of our efforts are directed at channelling them into the direction of success for their businesses,” said Chifunyise.
She said entrepreneurship was one of its top sustainability goals with a target of helping to create 10,000 jobs in South Africa over the next five years.