South Africa to Start $135 Million Fund to Tackle Unemployment

South Africa will on Friday start offering loans from a 2.5 billion rand ($135 million) Youth Fund aimed at supporting small businesses, part of a push by the government to...

By Khuleko Siwele · Bloomberg

South Africa will on Friday start offering loans from a 2.5 billion rand ($135 million) Youth Fund aimed at supporting small businesses, part of a push by the government to tackle one of the world’s highest unemployment rates.