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Article by: Keketso Matlebyane & Khayalakhe Ndlovu
The Financial Sector Conduct Authority (FSCA) had representatives attend the Mangaung Youth Empowerment Week at Bloemfontein, Free State.The 9th edition of the Mangaung Youth Empowerment Week (#MYEW9) was hosted by MyArts International at the Bram Fischer Building in Bloemfontein.
This event was attended by various institutions, government departments and young entrepreneurs in the efforts of networking and discovering solutions on diverse matters. The event provided the youth a chance to network and discuss business opportunities which are available to them as well as provide emerging entrepreneurs an opportunity to exhibit their work. The participants were engaged through approximately 30 exhibition stalls which offered them educational resources, promotional items and one-on-one consultation sessions.
The objective of the Mangaung Youth Empowerment Week is in line with the National Development Plan of the Free State province. The vision of this plan strives to empower all youth members to all career prospects by the year 2030.
During the exhibitions, the FSCA presented information about their role in the financial industry and presented the participants with educational resources such as the Financial Guide for Youth, the Capital Markets resource and the Budget Booklet. These resources are related to the needs of the demographic group of participants who were in attendance. Media coverage on the event was broadcasted on Lesedi FM and ANN7 whilst post event coverage was printed on various newspapers such as The New Age, Mangaung Issues and Free-State News.
The FSCA exhibition stand attracted many of the participants because of our information on entrepreneurship. Overall, the statistical component of the event provides further evidence of its success with the number of attendees:
Number of Grade 10 learners: 95Number of Grade 11 learners 11: 105Number of Grade 12 learners: 987
Number of employed youth combined with young entrepreneurs: 400Estimated total: 1 587
Our exhibition offered insight into the ways of becoming a job creator in our country, which is very relevant with the discouraging unemployment rates in the country.