The youth population is big and is growing; urbanisation is growing even faster. These factors present possibilities and pitfalls: a young population may be dynamic and bring economic advantages but at the same time, too many young people raises the potential for conflict.
She did not have a plan at the age of 16, but Rapelang Rabana did know that the usual school, university, employment route was not for her. As soon as she graduated, she started her first company. Since then, the savvy entrepreneur has gone on to bigger and bigger things.
Africa is alive with opportunity, says the founder of BW Medical Group. South African entrepreneurs need to remind themselves people are open to investing in Africa. "We Africans have the opportunity to build African conglomerates. We can create wealth by Africans for Africa."
South Africa has joined a global entrepreneur revolution with the launch of Startup Nations South Africa. It is a collaborative effort that aims to mobilise human, financial and institutional resources as a means to support, develop and grow start-up businesses across the country.
Moody's recently downgraded its rating of South Africa's economy, but that should not prevent the country from planning for the long term. The idea of long-term goals rather than a short economic cycle had currency at a debate on building an inclusive economy, where the example of Germany's reunification was also flown.
Education, sound values and self-belief were some of the essentials needed to build a better community, participants agreed at the Play Your Part Sowetan Dialogue held in Langa, Cape Town on Thursday 9 October.
Up and coming businesses are in the final leg of the selection process for the Medo International Trade Programme, which will take them on a steep learning curve in the United Kingdom. On the trip, they will be exposed to what it takes to be a world-class player in a competitive field.
Bevan Ducasse, the CEO of wiGroup walked away with the inaugural Maverick of the Year Award, which seeks to "recognise, acknowledge as well as celebrate the entrepreneurial genius".