AS a young person considering starting your own business, you should avoid relying on government “handouts” because being passed from pillar to post may discourage you, according to the dynamic duo of Mpho Serabele, 32, and Dimakatso Motiang-Ngoveni, 30, from North West.
Serabele described how, after giving up on begging for money from the government’s youth funding schemes, she and her business partner dug deep into their pockets last year – using their monthly salaries – to finance Twin Chicks, a small-scale chicken business they co-own.
According to Kganki Matabane, chief executive of the Black Business Council, of which the businesswomen are members, there has been an increase in young people starting their own businesses, but the environment in South Africa is still not very conducive to it because financial…