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TimesLIVE reports that Department of Employment and Labour (DEL) Minister Thulas Nxesi says his department will allocate R23bn to the Unemployment Insurance (UIF) labour activation programme (LAP).
Nxesi announced the LAP programme on Thursday, which will provide training for employment and entrepreneurship programmes. The programme will be launched at the Nasrec Expo Centre in Gauteng on Saturday together with the provincial government and will be rolled out to other provinces in April. Nxesi advised that after much consultation and contemplation, it had been decided to invest in partnerships with the private sector to create thousands of employment opportunities. He indicated further: “The sectors and industries that will contribute to the creation of these opportunities include economic growth and in-demand sectors such as agriculture, ICT, construction, engineering, manufacturing, education, transport and mining. An amount of R23.8bn will be allocated to implement this plan. Opportunities will run between 12 and 36 months. The money invested in the plan will be recouped by the UIF through contributions and revenue generated from investments as has been the sustainability model of the fund.” Nationally, 333 recommended projects will provide training, small enterprise support and employment opportunities to 704,000 people. The programme will be launched over the coming weeks, starting with 55 projects in phase 1 for Gauteng on Saturday.
- Read the full original of the report in the above regard by Phathu Luvhengo at TimesLIVE
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