'Youth need business education'
Lawyer Michael Bagraim says business education is the solution to unemployment.
JOHANNESBURG - The editor-in-chief of Business Day and Financial Mail, Peter Bruce, on Monday wrote an article saying business in South Africa is in trouble.
Labour analyst and lawyer Michael Bagraim spoke to Talk @ 9 about the state of labour and business in South Africa.
Bagraim said the problem was not business, but the politics in South Africa.
"The government is not doing enough for small businesses, they need to find ways on how to improve small businesses. It's easy to get 5 million new jobs and all we need is 1 million new businesses."
The lawyer added the youth should be educated about starting and running businesses.
"The government wouldn't exist without the business community because it functions on taxes, over 60 percent of tax is paid by the business community, so without business there's no employment. People who do get jobs either find employment in the government or businesses."
Asked what the solution to the problem of unemployment is Bagraim said business education is important.
"It doesn't help to have 100,000 arts graduates because the economy doesn't need them. We need plumbers and electricians. The reason we can't match the high number of unemployed youths is because the young don't have the skills."