Ramaphosa appeals to business to rise to youth unemployment challenge
While acknowledging that South Africa’s formal youth unemployment rate – currently at 36% – “appears dire”, Deputy President Cyril Ramaphosa believes interventions within the National Development Plan (NDP) will grow the economy, create jobs and provide young people with “productive opportunities”.
Speaking at the Youth Employment Conference, in Stellenbosch, he said govern- ment would continue to comple- ment its focus on education with vocational guidance, men-toring support and mechan-isms to match people's skills to appropriate opportunities, while looking to further promote entrepreneurship.
“On the demand side, we are looking at employment tax incentives, supplier develop- ment programmes, entrepre-neurship incubators, employ-ment services and work-seeker support.
We therefore welcome [private sector] initiatives that complement the services provided by the Department of Labour and other government agencies,” he commented.
Ramaphosa, meanwhile, called on employers to “rise to the challenge” by taking on first-time employees and providing effective manage-ment support and mentorship support to young employees.
“If given proper support and direction, employers will dis-cover that the energy and enthusiasm of these young people can be harnessed to improve the effectiveness of their business,” he said.
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