Careers Corner: Creating Job Creators through Absa’s Youth Entrepreneurship Fund

Absa’s Nonhlanhla Magagula discusses the newly launched Absa Youth Entrepreneurship Fund (AYEF) — a grant‑funded model designed to help young South Africans turn ideas into viable businesses. With no repayment and no equity taken, AYEF tackles barriers like funding, mentorship, networks and market access. We explore why entrepreneurship is becoming central to solving youth unemployment, how the “pay it forward” model strengthens the ecosystem, and what young founders should prepare before applications open in August. www.kaya959.co.za