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Solar plant gives youth-owned business a boost

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This year Youth Month is commemorated under the theme “Live the Legacy: Towards A Socio-Economically Empowered Youth.”

A solar plant

A YOUTH-OWNED enterprise is celebrating Youth Month in style after it received a boost from the De Aar Solar Power Plant.

Emthanjeni Printers in De Aar, a printing business, recently received funding from the De Aar Solar Power’s Enterprise Development programme, to help sustain and grow the fledgling operation and to help in the fight against youth unemployment.

The youth hold a special place in these young entrepreneur’s hearts as they are creating opportunities for the unemployed, while trying to address the issue of youth unemployment and skills development in the remote town of De Aar.

This year Youth Month is commemorated under the theme “Live the Legacy: Towards A Socio-Economically Empowered Youth.”

Hlengiwe Radebe, Economic Development Director for De Aar Solar Power, said yesterday that it was time to consider that 65% of young people in South Africa did not have matric and often remained unskilled and unemployed.

“These are just some of the reasons that we are proud to be able to support a youth-owned business that not only employs local youth but provides ongoing training,” Radebe said.

He added that the solar plant’s support of this local black-owned company included a capital injection to improve their service offering and ability to seek growth opportunities.

Emthanjeni Printers, which started business three years ago, received funding to help the business to branch into new streams of revenue and to support the company’s daily operations.

“With funding from De Aar Solar Power, we have purchased the much-needed machinery, which has boosted our income and means that we can hire more local youth, providing them with the ability to earn an income and provide for their families,” Zanoxolo Kapa, Managing Director of Emthanjeni Printers, said.

The company previously outsourced all production and only earned a commission, however, the funding has lead to an increase in their turnover and they can now expand the product lines and reach out to new areas because their production capacity has increased.

“The capital expenditure means that this small enterprise, whose services reach schools, businesses; government and sports clubs across the Northern Cape, can expand their operations without taking on interest-bearing loans,” Radebe explained.

De Aar Solar Power’s Enterprise Development strategy, is focused on the support of local small and medium black owned companies.