The unemployment rate in South Africa was estimated at 26.7% in March 2016, a significant increase from 24.5% in the first quarter of the year – according to Statistics South Africa. Youth Day, which is acknowledged annually on the 16 June, highlights the need for Corporate South Africa to invest in skills development and entrepreneurial training in order to address the pressing issue of unemployment among the youth. This is according to Janice Finlay, Head of Economic Development at Solar Capital - a leading solar plant developer that recently launched the largest solar farm in the Southern Hemisphere - who says that unemployment among South African youth is not only a pressing social issue, but is also a major obstacle standing in the way of economic growth in the country. “To address this issue, Solar Capital recently started its Solar Capital Enterprise Development Youth Programme, which aims to create start-up businesses that will be owned and run by 16 local youngsters between t...