Tag: Edupower Skills Academy
Bursaries will create the opportunities our youth needs
Broad-Based Black Economic Empowerment (B-BBEE) funded bursaries are the answer to South Africa’s staggering youth unemployment rate. How can we fix youth unemployment in South Africa? One of the greatest challenges we face, has been called a ticking time bomb on more than one occasion.
Skills development: good for business, and good for SA youth
Learnerships are the key to optimising employability. Unemployment is a massive challenge that has been exacerbated by the COVID-19 crisis. Predictions are that 35% of South Africans won’t have jobs by December. This only accounts for people who are actively looking for jobs. The number of unemployed who’ve given up looking for work is much higher.
Amendments to the B-BBEE scorecard?
The Department of Trade and Industry’s amendments to the B-BBEE Codes of Good Practice on Friday, 31 May, were published in the government gazette with very little fanfare considering the significant impact they may have on generic entities in the country. These changes to the codes and will affect businesses in terms of procurement, enterprise and supplier development as well as skills development.
