• Contact
Monday, May 12, 2025
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

    African nations may face pressure as China warns against U.S.-aligned trade deals

    afb

    The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

    ua

    Trump cuts see main African health agency turn to local funding

    Trending Tags

  • Business
    de beers

    De Beers to shut down lab-grown diamond brand Lightbox

    cannabis

    South Africa to revise cannabis food laws amid public backlash

    BFA

    BPI expects to earn over €95 million from partial sale of BFA in July

    Alcides Andrade, anpg

    ANPG has already awarded over 40 new concessions in various oil blocks

    nvidia

    Africa’s first AI factory, backed by Zimbabwean billionaire and Nvidia, to cost $720 million

    elon musk

    South African minister accused of trying to ease ownership law for Elon Musk’s Starlink

    copper

    Copper prices surge as Trump signals 25% tariff on imports

    bmw

    BMW SA reintroduces third shift, says there is growing local interest in PHEV model

    zim

    Zimbabwe seeks $950m in new bid to kick-start mining firm

  • Finance
    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

    African nations may face pressure as China warns against U.S.-aligned trade deals

    afb

    The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

    ua

    Trump cuts see main African health agency turn to local funding

    Trending Tags

  • Business
    de beers

    De Beers to shut down lab-grown diamond brand Lightbox

    cannabis

    South Africa to revise cannabis food laws amid public backlash

    BFA

    BPI expects to earn over €95 million from partial sale of BFA in July

    Alcides Andrade, anpg

    ANPG has already awarded over 40 new concessions in various oil blocks

    nvidia

    Africa’s first AI factory, backed by Zimbabwean billionaire and Nvidia, to cost $720 million

    elon musk

    South African minister accused of trying to ease ownership law for Elon Musk’s Starlink

    copper

    Copper prices surge as Trump signals 25% tariff on imports

    bmw

    BMW SA reintroduces third shift, says there is growing local interest in PHEV model

    zim

    Zimbabwe seeks $950m in new bid to kick-start mining firm

  • Finance
    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Economy

The Presidential Employment Stimulus reaches one million South Africans

TAB by TAB
04/10/2022
in Economy
0
The Presidential Employment Stimulus reaches one million South Africans
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

The Presidential Employment Stimulus reaches one million South Africans

The Presidential Employment Stimulus (PES) has – since its launch in October 2020 – created opportunities for over 1 million direct beneficiaries across South Africa.

Related posts

China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

African nations may face pressure as China warns against U.S.-aligned trade deals

21/04/2025
9
afb

The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

21/04/2025
4

Marking this important milestone, President Cyril Ramaphosa said: “While the work of creating jobs continues, today we take a moment to celebrate over one million opportunities already delivered. These include jobs created, work experience provided, livelihoods strengthened, skills developed and small business owners supported and promoted. These opportunities have been a lifeline for many in a time of crisis and are supporting economic recovery in local economies, in townships, informal settlements and rural areas in every part of our country.”

The Presidential Employment Stimulus was launched by President Ramaphosa in October 2020 as part of the Economic Reconstruction and Recovery Plan, which set out a range of measures to address the economic impact of the COVID-19 pandemic.

The priority of the ERRP is to achieve more rapid and inclusive growth in order to create sustainable jobs in the private sector, through economic reforms and other measures to support the recovery. While these measures take effect, government is committed to supporting employment and protecting those who are most vulnerable. The aim of the Presidential Employment Stimulus is to utilise public funding to create jobs and support livelihoods while the labour market recovers.

The opportunities supported by the PES are in addition to those created through the Expanded Public Works Programme and other existing programmes. The implementation of the stimulus has involved a ‘whole of government’ effort coordinated by the Presidency, with 15 government departments as well as provinces and municipalities responsible for its implementation.  It has also relied on strong partnerships beyond the state as part of a ‘whole of society’ approach.

Key achievements of the stimulus to date include the following:

The PES has supported the largest youth employment programme in South Africa’s history. 596,109 young people have been placed as school assistants across two cohorts, improving the learning environment in schools and reaching every community in the country.

• It has issued production input vouchers to 142,004 subsistence farmers, assisting them to resume and expand production after the disruptions of COVID-19 and strengthening food security.

• 54,000 Early Childhood Development practitioners have received support to ensure the survival and reopening of ECD centres.

• The Social Employment Fund is supporting community-based organizations to initiate ‘work that serves the common good’ in their communities. Together with the National Youth Service, which applies a similar partnership model, it has already reached 85,000 participants.

• In the creative Sector, over 32,000 people have been supported to produce movies, animations, books in indigenous languages, theatre productions, mural art and much more, supporting the sector in difficult times.

• Twenty-six universities have been supported to place graduates in work that provides them with experience relevant to their qualifications.

These and other programmes demonstrate the significant scale at which the PES has delivered employment and livelihood opportunities, mobilizing a wide range of stakeholders and actors and creating real social value in the process.

The President has called on the private sector to contribute to the success of the initiative, saying: “Our task now is to expand and deepen the impact of this work. We call on business to hire these young people with newly-acquired work experience as they leave these programmes.”

The Presidential Employment Stimulus reaches one million South Africans

Source: African Business Communities
Previous Post

Cristiano Ronaldo: Roy Keane accuses Man Utd of disrespect after 6-3 loss v Man City

Next Post

Global agriculture IoT market to reach $20.4 billion by 2027, study

Next Post
Global agriculture IoT market to reach $20.4 billion by 2027, study

Global agriculture IoT market to reach $20.4 billion by 2027, study

RECOMMENDED NEWS

ZIMBABWE: GEF Provides $71 Million for Reforestation Program

ZIMBABWE: GEF Provides $71 Million for Reforestation Program

3 years ago
12
brics

Ethiopia, Egypt, and three others to join BRICS on January 1, 2024

1 year ago
2
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles

‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles

3 years ago
2
South Africa’s just energy transition

South Africa’s just energy transition

3 years ago
6

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business - News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • De Beers to shut down lab-grown diamond brand Lightbox
  • South Africa to revise cannabis food laws amid public backlash
  • BPI expects to earn over €95 million from partial sale of BFA in July

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business