youth empowerment

A-G Slams NYDA Over Unpaid Loans

The National Youth Development Agency (NYDA) may never recover R161 million of the loans it granted aspiring entrepreneurs, according to the Auditor-General’s office.

In its report to Parliament on the NYDA, the Auditor-General's office also casts doubt on the agency's ability to recoup the millions.

Meanwhile, NYDA chief executive, Steven Ngubeni, says that the agency is in the process of taking legal steps against defaulters because they had failed to give ‘valid’ reasons for not being able to repay their loans.

Youth Technology Innovation Fund Launched

The Technology Innovation Agency (TIA) has launched the Youth Technology Innovation Fund (YTIF), to give young innovators an opportunity to be the future drivers of South Africa's knowledge economy.

TIA GM of special projects Margaret Mkhosi, notes that, “It is widely accepted, in all areas of industry, that technology innovation is a prerequisite for continued success and sustainable growth and development.”

The fund will build pipeline projects for the TIA sectors and promote a culture of technology innovation among South Africa’s youth, among others.

ILO Urges SA to Introduce Youth Wage Subsidy

The International Labour Organisation (ILO) believes South Africa should immediately introduce the youth wage subsidy - in some sectors of the economy - to test if it would yield results.

IOL deputy director for Decent Work Team for Southern and East Africa, Joni Musabayana, points out that, the youth wage subsidy was successful in many countries.

Musabayana says as part of its ‘decent work’ campaign the ILO is working with government to turn job opportunities in the Extended Public Works Programme (EPWP) into productive jobs.

SA Youth Lose Faith in Zuma – Survey

According to a survey conducted by Pondering Panda, a consumer insights company that uses the connectedness of mobile and digital technology to find out what people really think, South Africa's youth has largely lost faith in President Jacob Zuma's ability to govern the country.

The survey found that 40 percent of the 12 791 people polled approved of Zuma's performance, 51 percent believe that he is not a capable president, and the rest are unsure how to rate him.

Zuma to Highlight Unemployment at Job Summit

The plight of the unemployed will once again come under the spotlight when President Jacob Zuma delivers a keynote address at a national jobs summit, which takes place in Richards Bay, KwaZulu-Natal.

The summit, which is hosted by the Department of Labour, is expected to provide opportunities for work-seekers to meet with prospective employers in the public and private sectors.

Youth Water Summit Gets Underway

A five-day Youth Water Summit – gets underway from 2-7 July 2012 - is aimed at educating pupils about efficient water conservation and the empowerment of school children to invest in the ‘future of water’.

Dubbed ‘2020 vision’, the five day summit  will see pupils competing to create innovative water models, in endurance required activities and convey messages through poetry, drama, traditional dance and praise singing.

UN, ADB, Back Youth Wage Subsidy

Lynley Donnelly, who is currently in Arusha, Tanzania as a guest of the African Development Bank, says that as South Africa grapples with the idea of a youth subsidy, an international report has recommended providing firms with such incentives to hire young people.

The report, ‘African Economic Outlook 2012’, notes that in some countries direct or indirect incentives are offered to companies in exchange for recruiting young people.

Zuma Backs Youth Wage Subsidy

President Jacob Zuma has given the assurance that the government intends going ahead with its planned wage subsidy to cut youth unemployment, but its final design could still be negotiated.

Zuma also hinted that rules could be established to address concerns raised by the Congress of South African Trade Unions (COSATU).

Emboldened by recent government climb-downs at its insistence, COSATU says it will continue to try to influence economic policy, which includes persuading the government to abandon the subsidy.

Agrarianisation or De-Agrarianisation in Eastern Cape? Implications to Employment Creation in the Agricultural Sector

There are a number of reasons why deagrarianisation (the move away from agricultural activities) is happening in the rural Eastern Cape. One is the flight of human capital to the urban centres leaving the old aged and the sick in rural areas. This flight of human capital is due to the lack of employment opportunities and income generation-related activities in rural areas.

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