SMMEs Need Skills Training: Zulu

Small Business Development Minister, Lindiwe Zulu, says black people’s businesses are the ones that are falling apart.

Addressing the Consumer Goods Council of South Africa summit on 29 October 2014, Zulu expressed concern over the statistics showing that almost 80 percent of small, medium, and micro enterprises (SMMEs) fail in their first year.

Speaking on AM Live, the minister says SMMEs need skills training and access to markets to thrive.

GE to Invest US$2 Billion in Africa

GE (NYSE:GE) has announced that it will invest US$2 billion in facility development, skills training, and sustainability initiatives across Africa by 2018.

GE made the announcement in advance of President Obama’s U.S.-Africa Leaders Summit, where GE is hosting African and global government officials, policy experts, non-governmental organisations (NGOs), entrepreneurs and business leaders for a conference on investment, infrastructure, and innovation in Africa.

Govt Investing in the Youth - Zuma

Jacob Zuma - at the Presidential Indaba on Youth Jobs and Skills - announced that the youth employment has grown and emphasises the importance of investing in the youth.

Zuma states that youth employment has vastly increased since the adoption of the Youth Employment Accord.

He adds that, "420 000 new jobs have been created… mainly in construction linked to our National Infrastructure Plan, the trade sector, government programmes, business services, transport and communication."

Partnership to Empower Zambian Youths

Zambia’s National Project for Poverty Reduction (NPPR) has signed an agreement with China Foundation for Peace and Development (CFPD), a Chinese NGO to sponsor about 600 youths in various skills training.
NPPR board chairperson, Ngosa Simbyakula, says that 600 youths are already in various trades colleges across the country pursuing training in food production, cosmetology, Information Communication Technology (ICT) and auto-mechanics.
Simbyakula says others were pursuing courses in power electrical, general agriculture, plumbing and metal fabrication.

Symphonia for South Africa: Operations Manager

Symphonia is a nonprofit organisational change practice that works with leaders to engage their stakeholders so that talent, human energy and creativity is maximised. Our mission is to ignite a sense of possibility everywhere we work.

Symphonia  for South Africa seeks to appoint a person experienced in social change as Operations Manager, based in Cape Town.

Every Company Should be a Campus

In an ironic twist, the students were not the ones to blame for the suggested hike in fees - but the class of 2015 would literally have been the ones paying for it.

A zero percent increase in fees has now been clarified and confirmed by President Jacob Zuma, and the Department for Higher Education and Training is facing a long task of truly providing free tertiary education for everyone. But are we looking at this from the wrong angle: can the private sector help solve the problem?

SA Urged to Create Enough Jobs

The World Bank says millions of young South Africa are jobless and searching for work but they could not be employed because they lacked the requisite skills for the modern day work environment.

The bank argues that, “Without enough jobs being created, South Africa is left with many of its unskilled and young facing the prospect of unemployment.”

The World Bank lead economist for South Africa, Catriona Purfield, adds that the unemployment rate is the highest in all the middle income countries at 25.4 percent, or a third if you include discouraged workers.


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