Government Plans To Promote Youth Economic Emancipation


Please share this article

Advertisement


Due to a high unemployment rate countrywide, young South Africans are typically left with no choice but to accept any type of employment that comes their way. However, since 2020, the South African Government has established several initiatives in an effort to ensure that the unemployment rate begins to decrease.


Advertisement i


Securing a well-paying job, or a job that one feels passionate about is not a reality for many. Because finding a job can be so challenging, South African youth are not usually left with many options, making economic emancipation not possible.

A lack of a decent education, or sometimes an education at all, mismatched labour supply and demand, the ever-increasing population and limited opportunities for entrepreneurship are other factors that have contributed to the high youth unemployment rate.

According to Statistics South Africa, approximately 25% of South African youth are active job-seekers but remain unemployed. 

Improving Access To Quality Education 

On Youth Day last week, 16 June, Deputy President Paul Mashatile announced that the government would be leveraging efforts to improve education from the foundation phase and entrepreneurship skills to accelerate youth economic development that is so desperately needed.

Mashatile revealed that Youth Education and Training is currently a top priority for the government.

We believe that education is one of the most crucial enabling factors for attaining economic emancipation.

The government will continue to invest in the development of a more inclusive education system in which children from low-income and working-class families will also have access to quality education right from the foundation phase to post-school education.

It is important that the curriculum is responsive to the increasing demand for skilled labour, high-speed internet connection and innovative technologies. This process started with the Department of Basic Education (DBE) introducing coding and robotics at the foundation phase level.

As part of the new three-stream model, occupational and vocational streams have also been included. 13 new vocational disciplines are to be introduced. 

Creating Opportunities To Promote Entrepreneurship

Through the National Youth Development Agency (NYDA) grant programme, young entrepreneurs have been provided with access to financial and non-financial business development support to help them to establish or grow their businesses.

This programme was able to provide funding for 2 320 youth and youth-owned enterprises, support 34 209 with non-financial development interventions and create 6 796 jobs.

The youth make up a large proportion of the South African population, making it important to equip them with the necessary skills to encourage economic development and a more sustainable future. 

At this stage, the Youth Employment Service (YES), has been responsible for placing over 100 000 South Africans between 18 and 29 years old in local businesses to help them gain a year of working experience.

Another government initiative, the Presidential Youth Employment Intervention (PYEI), has been extremely successful in promoting economic development amongst the youth. 83% of those who participated in the programme since its launch in 2020 were youth. 1.2 million youth have taken part in the last three years.

Additionally, the Department of Small Business Development has assisted 35 000 young people to secure non-financial support to scale up their enterprises

Suggested Article:

Unemployed man in South Africa

While South Africa’s official unemployment rate climbed during the first three months of the year, jobs are still being created in several economic sectors. The official labour force statistics were released earlier this week.

 






Online Shopping Links

Loot - Takealot - Temu - Amazon - Shein





Advertisement


WhatsApp Channel

Sponsored Ad

Advertisement

Advertisement

Google News

Post-Matric Options

 

We helped you with past papers for your matric exams, so hopefully you are happy with your Matric results. So now you are faced with a lot of post-matric options that can shape your future paths. You might want to study law, teaching, or nursing. Of course studying is expensive so we have helpful advice about student loans, NSFAS bursaries, Fundi loans, ISFAP, and lots of other funding options.

These options range from pursuing higher education at universities , TVET Colleges or  private colleges, finding student accommodation, entering vocational training programs (like Learnerships and internships), joining the workforce, or even starting your own business. There are so many choices but we are here to help.

Advertisement


Latest SASSA articles

The R370 grant is aimed at assisting unemployed adults living in South Africa. Here's the R370 grant eligibility criteria.. 

Knowing when you social grant will be paid is extremely helpful as it allows for planning. Here's a guide on how to find you Sassa grant payment dates. 

Where to Study


Advertisement m


Other Articles

ADvTECH is a top education group in South Africa, offering job opportunities in schools, tertiary institutions, support offices, and recruitment services. If you want to work for ADvTECH, the application process is simple and can be done online. Read more for a step-by-step guide on how to apply.


Advertisement


Latest SASSA articles

The R370 grant is aimed at assisting unemployed adults living in South Africa. Here's the R370 grant eligibility criteria.. 

Knowing when you social grant will be paid is extremely helpful as it allows for planning. Here's a guide on how to find you Sassa grant payment dates. 


Advertisement


Careers Advice

ADvTECH is a top education group in South Africa, offering job opportunities in schools, tertiary institutions, support offices, and recruitment services. If you want to work for ADvTECH, the application process is simple and can be done online. Read more for a step-by-step guide on how to apply.


Advertisement i