[EDITORIAL] Success stories need to be told and encouraged

Many leading world renowned technology firms - from Facebook and Twitter to Google - began small, some in garages. They are testimony that it is not bad to dream, what matters is putting your heart into realising them.

Many leading world renowned technology firms – from Facebook and Twitter to Google – began small, some in garages.

They are testimony that it is not bad to dream, what matters is putting your heart into realising them.

 

That is what some former university students have set in motion; mobilising as little a Frw100 a day into a Frw150,000 fund in just three years.

 

The savings group, that was set up by 20 individuals, now has over 1,500 members and still counting.

 

Right now the National Institute of Statistics of Rwanda (NISR) is conducting a Labour Force Survey (LFS). Current statistics indicate that the unemployment rate in Rwanda stands at 13.2 per cent.

That could sound quite alarming but the new indicators from the International Labour Organisation only defines employment as earning something from one’s sweat.

So, it does not consider subsistence farmers who only work to put food on their plates as employed.

Otherwise, if that was put into consideration, the unemployment rate would be below 3 per cent, which, in normal circumstances, would be manageable with sound policies in place.

The students’ savings scheme is an indication that thinking outside the box can alleviate unemployment. Exactly what the government has been drumming up among the youth; create employment as opportunities are there.

The students’ venture and other similar successful projects need to be widely publicised as it will spur their peers to follow in their footsteps.

The opportunities are there and school leavers only need to practice what they learned and adapt them to prevailing situation. Then by next year the results from the next LFS will tell a different story.

editorial@newtimes.co.rw

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