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Employment tax incentive amendments

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In a significant move to strengthen the integrity of the Employment Tax Incentive (ETI) scheme, the government has proposed amendments to Sections 1(1) and 5(3) of the Employment Tax Incentive Act, No. 26 of 2013. The ETI, introduced in 2013, aims to encourage employers to hire young job seekers by reducing the cost of employment through a government-supported cost-sharing mechanism.

Gen Z skills development – bridging the workplace gap

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The solution to youth unemployment and the skills crisis lies in upskilling and empowering youth with future digital skills. Relevant digital skills should be developed before they enter the workplace. ICT certifications alone are not enough to meet the rate of change in the workplace. They also cannot secure sustainable job creation. South African companies hiring young people with practical skills will succeed. These skills should meet current and future business demands.

Essential digital skills for future employability

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Much has been written about the digital skills shortage. This is not a problem that will be solved overnight. As technology evolves, the demand for specific skills outpaces their availability. And as more people gain these sought-after competencies, there may be a temporary oversaturation of the market. Once parity is reached, new advancements shift the landscape again, and so the cycle continues.

Transforming youth employability through innovation

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As South Africa continues to grapple with its massive youth (15-34 years) unemployment rate of 4.7 million individuals (Q4 2023), there is a critical need for innovative approaches to skills development and employability. I view learnerships as an excellent platform for creative training methodologies thereby, paving the way for a more agile and adaptable workforce.

Is South Africa fighting a skills shortage or a jobs shortage?

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A recent roundtable discussion we co-hosted with Microsoft sparked a debate whether SA’s unemployment challenges are truly about job availability rather than a mismatch in skills demand and supply.

Empowering SA’s youth for a thriving future

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We are working towards developing a new breed of entrepreneurs, one that’s future fit, disruptive, and geared to solving the challenges of an increasingly complex world. As South Africa considers the challenges and opportunities facing our youth, there has never been a greater need for inclusive entrepreneurship.

The key skills developed in a learnership

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Daring to dream is the greatest skill that a learnership can teach. South Africa faces a unique dilemma – we have the highest youth unemployment in the world, yet there is a shortage of skilled people to fill positions in many sectors. Businesses want workers who can hit the ground running, yet matriculants don’t have the skills or the understanding of the work environment to make the required impact.

REPORT | Despite the shifting needs of the youth, what they...

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The 2022 Gen Next report reveals what feels like unprecedented chaos as an ongoing theme experienced by the youth of South Africa. Youth unemployment, a shrinking economy, load shedding, looting and lockdown restrictions are but several contentious issues the youth were dealing with when the research study was infield.

Transformation in the fuel industry key to economic growth and job...

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South Africa’s franchise sector has shown tremendous resilience, first withstanding the heaviest effects from economic lens of the COVID-19 pandemic, secondly, looking at how global economies, suffered from the knock-on effect of the Russian war in the Ukraine.

Young entrepreneurs hold the key to youth employment

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President Cyril Ramaphosa declared youth unemployment a national priority in his newsletter ahead of Youth Day this year, saying that youth unemployment is a 'huge mountain to climb' but that efforts were underway to address the challenge.

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