“Creating necessary capacity and skills among women entrepreneurs and executives to build the economy of the future” was the title of Graduate School of Business and Leadership’s (GSB&L) academic and PhD candidate, Ms Xoliswa Majozi at the recent Women Economic Empowerment Summit.
Under the theme: “Placing women economic empowerment at the epicenter of the radical economic transformation agenda-the tasks of social partners in the attainment of this objective” the Summit hosted by the KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs (EDTEA) created a platform for women to engage and contribute to inclusive socio- economic transformation.
Through her talk titled: “Creating the necessary capacity and skills among women entrepreneurs and executives to build the economy of the future”, Majola shared insights on capacity building and skills development.
‘The poverty line in South Africa is among those who have less or no education. The audience had a majority of those entrepreneurs and the talk had to benefit both and also offer insight from an academic perspective,’ she said.
‘The seminar had a number of informal traders and they really need the skills we have. The challenges facing small entrepreneurs is often related to lack of skills. Somehow there is a gap where the people with passion of entrepreneurship do not benefit fully from those. This then calls for awareness programmes about the opportunities offered by different stakeholders in their local areas,’ she added.
Majola is one of the benefiters of the partnership between GSB&L and EDTEA as she graduated with her Masters in Commerce through the Local Economic Development (LED) an area that she is currently lecturing in. When she switches roles from being a teacher to a student, Majola’s PhD focus is on information sharing in LED.
‘My study aims to develop a conceptual model for management information system in local economic development practice in KZN. One of the challenges in LED implementations is due to lack of information. While information is critical for planning, policy making, strategy development and decision making. It is my responsibility to keep updated in all aspects in social issues, political issues and general livelihoods for everyone. This helps when you are given the opportunity like the one I got to be able to speak with confidence because you are well informed,’ she said.