Contribution of Local Economic Development (LED) Initiatives to youth Enterprises in the South African Township Mbulelo NKOSI1

The conversion of townships into sustainable economic hubs remains challenging due to historical socio-spatial and economic planning issues in South Africa.Recent legislation, such as the Township Economic Bill, aims to invigorate this sector, particularly for young entrepreneurs.The bill aims to improve community lives through better products and services, focusing on innovative strategies and operational mechanisms to tackle youth unemployment.To investigate the impact of LED initiatives on youth enterprises in the township economy, this study adopted a mixed-method approach.The qualitative questionnaire assessed respondents' views on the Gauteng Township Economic Development Bill, while the quantitative questionnaire identified essential components for improving township enterprises to gain a competitive edge.The findings indicate a gap in the implementation of developmental strategies and their outcomes.Therefore, to foster a supportive environment for economic development, effective policies should provide practical support, attract investment, and address the needs of historically marginalized townships.This study recommends, among other things, that local governments should invest in infrastructure that enables economic activities, including financing options, mentorship programs, and expanded market access.

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Publication Details

Journal
Pakistan Journal of Life and Social Sciences (PJLSS)
Published
2025-01-01
DOI
https://doi.org/10.57239/pjlss-2025-23.2.00183
Primary Topic
Local Economic Development and Planning
Type
article
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article

Contribution of Local Economic Development (LED) Initiatives to youth Enterprises in the South African Township Mbulelo NKOSI1

Eyitayo Francis Adanlawo, Bulelwa Maphela, Moremi Nkosi
Pakistan Journal of Life and Social Sciences (PJLSS)
Local Economic Development and Planning
article

Contribution of Local Economic Development (LED) Initiatives to youth Enterprises in the South African Township Mbulelo NKOSI1

Eyitayo Francis Adanlawo, Bulelwa Maphela, Moremi Nkosi
article en

Abstract

The conversion of townships into sustainable economic hubs remains challenging due to historical socio-spatial and economic planning issues in South Africa.Recent legislation, such as the Township Economic Bill, aims to invigorate this sector, particularly for young entrepreneurs.The bill aims to improve community lives through better products and services, focusing on innovative strategies and operational mechanisms to tackle youth unemployment.To investigate the impact of LED initiatives on youth enterprises in the township economy, this study adopted a mixed-method approach.The qualitative questionnaire assessed respondents' views on the Gauteng Township Economic Development Bill, while the quantitative questionnaire identified essential components for improving township enterprises to gain a competitive edge.The findings indicate a gap in the implementation of developmental strategies and their outcomes.Therefore, to foster a supportive environment for economic development, effective policies should provide practical support, attract investment, and address the needs of historically marginalized townships.This study recommends, among other things, that local governments should invest in infrastructure that enables economic activities, including financing options, mentorship programs, and expanded market access.

Pakistan Journal of Life and Social Sciences (PJLSS)Vol. 23(2)
Openalex Percentile: Top 71%
Local Economic Development and Planning
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Contribution of Local Economic Development (LED) Initiatives to youth Enterprises in the South African Township Mbulelo NKOSI1 — Eyitayo Francis Adanlawo, Bulelwa Maphela, et al. · Pakistan Journal of Life and Social Sciences (PJLSS) (2025) | TGRS Research Map | TGRS