Durban, 12 July 2024 - The Youth in Business Summit, held at the Durban Exhibition Centre, concluded today with a resounding message of hope, innovation, and collaboration. Over two days, young entrepreneurs from across KwaZulu-Natal converged to share ideas, forge connections, and showcase their potential to drive economic transformation in KwaZulu-Natal.

The summit, hailed as a beacon of innovation, brought together young minds who are not merely the leaders of tomorrow but trailblazers of today.

Delegates witnessed the power of youth-driven entrepreneurship and its transformative potential for the province’s economy and society. The atmosphere was charged with optimism, reflecting the vibrant possibilities that lie ahead for KwaZulu-Natal.

The significance of the summit was highlighted by its role as a platform for young entrepreneurs to share their visions, exchange ideas, and build connections that promise future success. As emphasised by Premier Ntuli, this event was far from being a mere talk shop; it was a platform committed to delivering tangible and visible results. A steadfast commitment was also made to showcase the beneficiaries of the R100 million Youth Empowerment Fund across various municipal districts.

Throughout the summit, participants engaged in profound and practical discussions on topics crucial to the advancement of youth in business. These included innovative start-up strategies, sustainable business practices, navigating the digital economy, and fostering inclusive growth. The insights and perspectives shared illuminated new pathways for economic growth and development, underscoring the capability of the youth to lead the province into a prosperous future.

The resolutions adopted during the summit represent a collective commitment to action, innovation, and an unwavering belief in the potential of young entrepreneurs. It was announced, by Premier Ntuli, that the outcomes of this summit would be integrated into upcoming policy frameworks and development strategies, starting with his State of the Province Address later this month. This commitment is a testament to the dedication of the Provincial Government of KwaZulu-Natal, led by Premier Ntuli, to create an enabling environment where youth-led businesses can thrive.

Acknowledgement was given to the collective effort that made the summit a success. Distinguished speakers and panellists provided invaluable expertise and insights. Organisers and sponsors were recognised for their support and dedication, while mentors and facilitators were praised for their guidance. The participants themselves, with their enthusiasm, innovation, and determination, were acknowledged as the driving force behind the summit's success.

In his closing remarks, Premier Ntuli urged all attendees to view the summit as the beginning of a journey towards a more inclusive, dynamic, and prosperous economy. He emphasised the importance of carrying forward the spirit of collaboration, innovation, and continuous learning that characterised the event.

As delegates returned to their respective districts, they were encouraged to ensure that the ideas and resolutions discussed at the summit find expression in their work, fostering an environment where youth entrepreneurship can thrive.

The summit concluded with a collective commitment to building a future where young entrepreneurs are at the forefront of economic transformation, their ideas empowered, and their successes celebrated.

The Youth in Business Summit has indeed set a high benchmark, promising a remarkable future driven by the ingenuity and resilience of KwaZulu-Natal’s youth. As the province looks forward to integrating the outcomes of this summit into its development strategies, the spirit of this gathering will undoubtedly continue to inspire and drive progress.