MFSA
- Feb 2
- 1 min read

FSCA Press Release | Reducing joblessness through entrepreneurship best option for SA

South Africa is not creating enough jobs for the number of graduates and matriculants

seeking to enter the job market every year and the recent 2022 graduates will not be

different. This is worsened by the youth (15 - 24) unemployment rate racing towards the

60% figure, according to Statista.com (Q3: 2022). South Africans should seriously consider creating their own employment opportunities through the establishment of small business initiatives, says the Financial Sector Conduct Authority’s (FSCA) Head: Consumer Education, Mr. Lyndwill Clarke.