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Transforming the labour market to curb youth unemployment

Curbing youth unemployment through Labour activation programmes

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Photo:IOL

Minister in the Presidency, Dr. Nkosazana Dlamini-Zuma joined by the Minister of Labour, Mildred Oliphant launched a training programming worth R7.9 billion that sets out to create jobs, skills development and enables entrepreneurship.

Beneficiaries for Unemployment Insurance Fund (UIF) and the Compensation Fund (CF) are also to benefit from the programme.

The launch took in Ballito, KwaZulu-Natal (KZN). The programme was set to run after the UIF and CF sealed the partnership agreements with about 32 state-owned training providers and institutions.

The training aims to take in close to 160 000 learners over the next few years, creating jobs and grooming entrepreneurs in KZN and the rest of the country.

“We also call on the private sector to partner with the Department of Labour to address the social ills of the country, especially unemployment and job preservation for our youth,” said Dlamini-Zuma.

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Universities

EDHE: Second annual national Entrepreneurship Intervarsity

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The Entrepreneurship Development in Higher Education (EDHE) programme is hosting the second annual national Entrepreneurship Intervarsity from January to July 2020.

For more follow the link: https://bit.ly/2v1vjDP

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Entrepreneurship Intervarsity: developing student entrepreneurs

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Student life has its challenges, with different traits, needs, skills,talents, and careers, there are also some who choose to take the entrepreneurship route.

Taking that universities do not include entrepreneurship learning as part of the curriculum. Students may find themselves at a lock down with business ideas that have the potential to grow economies.

We can admit that anew scale for entrepreneurial support needs to be developed in order to cater for the current economy, and with moving forward in changing the scope of youth unemployment.

A platform for Entrepreneurship Development in Higher Education (EDHE) supports Student entrepreneurship, Entrepreneurship development in academia, Developing entrepreneurial universities .

The following are opportunities offered:

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Over 2000 bursaries go towards developing Gauteng’s Top learners

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The Gauteng Premier, Mr David Makhura, and Gauteng MEC for Education, Mr Panyaza Lesufi expressed immense pride as they handed over 2000 bursaries to Gauteng’s Top Learner’s for the academic year of 2019.

The bursaries were awarded to top 3 performing learners from schools participating in the Secondary Schools Improvement Programme (SSIP), and Learners with Special Education Needs (LSEN) public ordinary schools.

“we believe with these investments the Gauteng province will be a province that takes care of its own children’, Gauteng Premier David Makhura said.

One of the biggest concerns with graduates and students has always been finding space within private sectors for skills training. This year we see the extended reach of the programmes, with placement of some graduates within the private sector.

This was achieved through private sector partners, such as Barloworld, Lazarus Motor Company, Scaw Metals Group, Eurospec Automotives, Muavha Auto Mechanics, Umfundiso and more.

Another issue of concern was governments support towards entrepreneurship, which Premier David Makhura highlighted as an important task that government is taking on.

He further stated the importance of having entrepreneurship as part of academic learning within higher education institutions, and having the necessary support from government to ensure that this fits in with the current economic status of the country.

” The focus is on areas called scarce skills areas to support our development mandate. The Gauteng’s development mandate focuses on the type of economy we want to build to ensure a capable developmental state”

Since the year 2014, the Gauteng Provincial Government has spent over a billion worth of investment on bursary packages.

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