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Entrepreneurship:
Key to job creation in Zimbabwe
Youth Forum
November 20, 2013
View this article
on the Youth Forum website
The formal employment sector in Zimbabwe is not capable to reduce
the astronomical high levels of unemployment amongst the young people
which is hovering over 80% and there is compelling need to put more
emphasis on developing technical skills and providing management
skills to those leaving school with various trades.
Given the many political, social, economic problems grappling Zimbabwe,
entrepreneurship should be seen as a way out to the problem of joblessness.
There is growing
apprehension in most African countries that training in technical
and vocational skills are necessary to lessening the unemployment
problem.
Entrepreneurship has a role to play in easing the youth unemployment
problem in Zimbabwe, but the government is not creating conducive
environments to promote youth entrepreneurship. Economic maladministration,
corruption and bad policies and programs continue to choke the entrepreneurial
potential of many Zimbabwean youth.
For entrepreneurship to flourish, a reasonable infrastructure of
service institutions in the financial, administrative, legal, and
educational fields is needed. Regrettably these factors are not
adequately provided in Zimbabwe and the Youth Fund initiative established
by the government has been accused of being partisan and only benefiting
the politically connected individuals at the expense of the need
and marginalised young people. Entrepreneurship should not be seen
as a form of corruption whereby access to scarce goods or to such
strategic factors of production as bank loans is determined by political
patronage rather than by the interplay of market forces. Policies
and programs must also address the highly varied socio-cultural
faces that make for success in entrepreneurship.
In Zimbabwe
there is a need to systematically build up a body of knowledge and
skills in the new field of entrepreneurship education. With this
in hand, educators can build a useful curriculum in schools, colleges,
and vocational and technical training institutions in Africa.
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