EXEMPTIONS FOR YOUTH BUSINESSES

EXEMPTIONS FOR YOUTH BUSINESSES

Cabinet has approved the following exemptions for youth businesses.

1. Youth businesses will have a grace period of 5 years without paying lease fees for commercial plots and farms.

2. Youth should be allowed to identity open spaces that they can utilise to set up temporary stalls for selling their products. Local authorities will allow the youth to utilise such for free.

3. 30% of open spaces in towns and cities will be reserved for permanent use by youth businesses.

4. Youth companies will buy tender documents at 50%.

5. PPADB registration will also be 50% for youth businesses.

Watch this space guys. I'm still negotiating for more.