AFTER THE BELL: The Gathering 2022: Takeaways from the economy panel

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Daily Maverick’s signature conference, The Gathering, took place on Thursday, 24 November, covering much important ground. I participated in the economy panel, chaired by my colleague Ray Mahlaka. We were joined by the chair of Bank Zero, Michael ...

This year, The Gathering focused on solutions, since everyone in South Africa holds PhD-level credentials in problem identification. Our panel on the economy began with Kasthuri Soni highlighting the need for providing breakthrough moments for young jobseekers.

It struck me that SA does have several programmes in this field, most prominently the Youth Employment Service programme launched in 2018. The effort has lots of support. About 1,200 partner companies have created about 50,000 “work experiences”.This is meaningful, but not as consequential as it seems, if you compare it to the 4.8 million people, aged 15-34, who are technically unemployed.

I also wonder whether the Expanded Public Works Programme, which is a state-funded employment system , should not be merged with YES and take over some of YES’s aims. Just a thought.

Source: Financial Digest (financialdigest.net)

 

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