The Department of Women, Youth and Persons with Disabilities approved the Economic Empowerment Strategy for Women, Youth and Persons with Disabilities (WYPD) in 2023. The aim of the strategy is to unlock the Economic Empowerment of WYPD - across key economic sectors of South Africa. The Strategy aimed at addressing the challenges such as minimizing poverty, reduce inequality and unemployment through growing an Inclusive economy and building capabilities so that people can lead lives they value.
Quarterly, stakeholders are engaged to encourage them to mainstream women, youth and persons with disabilities in their plans, programmes, budgets, policies, strategies.
The mainstreaming of the Strategy also includes unlocking barriers of entry, growing the prospects of new entrants across sectors, developing tailored financial solutions that are inclusive, accelerating market access opportunities and supporting sustainable enterprises at scale.
Empowering women through this mainstreaming strategy will enable them to participate in the economy and be financially independent and to integrate fully into society.