Applications open for Social Employment Fund partners
President Cyril Ramaphosa announced on Monday that applications are now open for organisations to become Strategic Implementing Partners of government’s Social Employment Fund which aims to create around 50 000 work opportunities in the face of high unemployment in South Africa.
The new Social Employment Fund was launched as part of the second phase of the Presidential Employment Stimulus.
R800-million has been allocated to the fund, which is being led by the Department of Trade, Industry and Competition and managed by the Industrial Development Corporation.
Through the fund, government will support non-governmental, community-based and civil society organisations, as well as social enterprises to create jobs.
Ramaphosa said as the country tries to recover and rebuild in the aftermath of the Covid-19 pandemic, the Social Employment Fund will be a critical driver of development and social upliftment.
Organisations looking to partner with the Fund must be able to create work for at least 1 000 participants, and will be expected to reach the employment target within the first quarter of implementation.
Eighty per cent of the funds received needs to be spent on wages, while work opportunities under the Social Employment Fund will be part-time.
“Participants will perform an average of two days of work a week, and we want to encourage the private sector and the donor community to support these organisations, which will enable participants to be paid for more workdays a week,” Ramaphosa said.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Iritron delivers advanced automation, control, and optimisation solutions to the Mining, Minerals & Metals, Consumer Package Goods and...
VISIT SHOWROOM
ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
