Minister urges youth to explore means of capital

Minister of Youth, Sports, Labour and Manpower Development has advised the youth who are being enrolled in community technical colleges to desist from relying much on government to provide them with capital after graduating from the colleges.

Francis Kasaila said this to YFM online, when responding to queries from different quarters that more graduates from the community colleges are failing to succeed in entrepreneurship due to inadequate capital.

Kasaila said: “As government we are doing our part, we are giving them (youth) the skills and the equipment and they should appreciate that it’s a cost to the public.”

They might need the additional financial capital but if they expect government to be the source of everything then there is something wrong with them.”

He therefore advised the youths to utilize other opportunities such as micro-financing institutions to source their capital.

Kasaila further bemoaned the tendency of some youths who don’t pay back loans that they get loans from financing institutions such as Malawi Rural Development Fund (MARDEF), saying the development is denying others a chance to benefit from the same.

President Arthur Peter Mutharika launched the community colleges in 2015 to provide young people in the country with different skills for them to create their own employment and reduce the high levels of unemployment in the country.

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