Benefits and Financial Implication of Entrepreneurship Education in South African Public Schools

This paper examines the benefits and financial implication of entrepreneurship education in South Africa public schools. The core problem this study address revolves around the lack of financial support given to public schools to initiate entrepreneurship education. The study adopted qualitative research approach. In addition, semi-structured questionnaire was distributed to 54 principals; to ascertain the support and programmes in place to promote entrepreneurship education. Furthermore, interviews were conducted to find the effective strategies to introduce entrepreneurship programmes in South Africa public schools. A purposive sampling method was used to select the participants for the case study. In this study, thematic analysis techniques were also used to analyse the survey data.The findings of this study reveal that there is a gap in entrepreneurship training in South Africa public schools. Secondly, the literature view revealed that educator?s lack relevant knowledge about entrepreneurship education. The results from literature review further revealed that benefit of entrepreneurship education can be used as a strategic approach to mitigating the young unemployment in South Africa. The study proposes a framework to enhance entrepreneurship education in South Africa public schools. In addition, make funding for small business enterprise to be accessible to the young in the rural areas and township.