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South Africa: President Welcomes Yes Initiative
Source: www.sanews.gov.za
Source Date: Tuesday, March 20, 2018
Focus: Knowledge Management in Government
Country: South Africa
Created: Mar 20, 2018

Deputy President David Mabuza accompanied the President at the meeting.

The YES initiative, in collaboration with the private sector, aims to empower one million young people over the next three years through year-long paid internships in companies.

The meeting brought together chief executives and other senior leadership from a broad range of leading corporations, state-owned enterprises and employment and skills development initiatives.

The meeting was a preparatory session for the YES launch set to take place on 27 March 2018.

On 14 March 2018, Cabinet agreed that President Ramaphosa would launch the YES initiative pilot at the Riversands Incubation Hub in Diepsloot.

At today’s meeting, business leadership threw its weight behind the youth initiative and gave examples of existing efforts to employ and upskill more young people needed to participate in the workplace.

President Ramaphosa thanked business for the considerable number of programmes in which companies were already engaged to empower young people.

Addressing YES partners today, President Ramaphosa thanked Stephen Koseff of Investec Bank and Colin Coleman of Goldman Sachs for leading the business community in opening the doors of opportunity for young South Africans.

He assured business that Cabinet was “very enthusiastic” about the YES initiative as a means to create pathways for young people. – SAnews.gov.za

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