Reading Time: < 1 minuteMinister of Employment and Labour Thulas Nxesi announced the launch of the R23.8 billion Unemployment Insurance Fund labour activation programme.
The initiative aims to stimulate job creation, enhance employability of the unemployed and preserve existing jobs, while also improving operational efficiencies of companies in distress.
The programme has similar objectives to the controversial now defunct R5 billion public-private job creations scheme led by businessman Mthunzi Mdwaba. Nxesi says the programme is not a ‘silver bullet’ to end unemployment.
The official…
Nxesi launches R23.8 billion UIF labour activation programme
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