Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Crypto Investors Go Wild On X For Remittix 300% Bonus Offer!

2026-02-03

Here’s Why Investing In Remittix This Week Could See 500% Gains As Early As Mid Feb

2026-02-03

Dutch Entrepreneurial Development Bank FMO Invests R340M In Lula To Expand SME funding In SA

2026-02-03
Facebook X (Twitter) Instagram
Trending
  • Crypto Investors Go Wild On X For Remittix 300% Bonus Offer!
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Boardroom Games»National Skills Fund Allocates R100 Million To Benefit Learners In Digital Learning Space
Boardroom Games

National Skills Fund Allocates R100 Million To Benefit Learners In Digital Learning Space

AgencyBy Agency2022-03-04Updated:2022-03-08No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
digital economy
digital economy Photo by Kaboompics .com from Pexels
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

The National Skills Fund (NSF), in partnership with the Presidency, has allocated R100 million towards the Presidential Youth Employment Initiative, which will benefit 4 500 learners in the digital learning space.

Briefing the media on learning and training opportunities provided through the Sector Education and Training Authorities (SETAs) on Friday, Higher Education, Science and Innovation Minister, Dr Blade Nzimande, said the NSF has committed R200 million to the employment creation initiative between the Department of Higher Education and Training and the Department of Employment and Labour, through the Unemployment Insurance Fund (UIF).

Nzimande said the project will benefit more than 5 000 unemployed youth.

A significant number of request for proposals has been posted in the press inviting skills development providers to participate in projects, which are targeting worker education and empowerment, and assistance for the community of people with disabilities.

“The total value of this project is in excess of R200 million and will assist more than 2 000 beneficiaries,” Nzimande said.

He said the NSF has finalised an important policy, which will regulate unsolicited proposals, initiated by the skills development providers, through their skills development creativity and innovation.

“The area of NSF unsolicited proposals traverses and will fund a broad range of skills development providers, including churches and other cultural and community development. We have received a lot of these proposals, and they are currently being considered for due diligence purposes.

“The total amount allocated for the unsolicited proposals will exceed R1.5 billion in this current financial year. We estimate that this will benefit more than 20 000 beneficiaries in various skills development areas.”

Nzimande said the department is also collaborating with the Catholic Church, through their Thabiso skills centres and the Methodist Church to provide much needed skills to communities.

“We further intend to partner with other faith based organisations to further our skills development drive.”

Community Education and Training Colleges Summit

Nzimande will host a national Summit on Community Education and Training Colleges (CET), set to take place on 8 – 9 March 2022.

The summit, which is the first of its kind, is aimed at engaging with strategic partners in order for them to use community education learning centres to roll out skills programmes on a mass basis.

Nzimande said he wants the summit to identify priorities for dedicated CET infrastructure, accreditation of programmes, lecturer capacity, partnerships and information management systems for proper monitoring and reporting.

“I am highlighting this because all our SETAs will be playing a central role in supporting our CET sector in the massification of skills development in our country, especially aligned with the skills strategy.

“In our recent meeting with SETAs, we concretised their support for CET colleges in the short, medium and long-term community projects.

“For further training and skills development opportunities offered by SETAs, I invite all South Africans to interact with our SETAs through their websites and that of the Department of Higher Education and Training at www.dhet.gov.za,” – SAnews.gov.za

digital learnin National Skills Fund Presidential Youth Employment Initiative
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Agency

Related Posts

South Africa’s First Institutional Rand Stablecoin, ZARU, Launches

2026-02-03

What’s Stopping Sunny South Africa’s Solar Industry?

2026-02-02

Chery’s iCAUR Set To Launch In South Africa

2026-01-29

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Strengthen Enterprise Resilience with Cohesity’s Advanced AI-powered Data Security Platform

2026-01-13

Data Centres Could Be The Spark Africa’s Power Sector Needs

2026-01-02

Vodacom Launches Value News Network (VNN), A Digital Platform Showcasing Extraordinary Value Deals

2025-12-11

Leveraging Virtualisation for Enterprise Migration to Windows 11

Sponsor: Axiz2025-12-01
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Dutch Entrepreneurial Development Bank FMO Invests R340M In Lula To Expand SME funding In SA

South African SME funding platform Lula has secured R340 million in local currency funding from…

Paarl Mall Gets R270M Mega Upgrade

2026-02-02

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

South Africa’s First Institutional Rand Stablecoin, ZARU, Launches

2026-02-03

What’s Stopping Sunny South Africa’s Solar Industry?

2026-02-02

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Crypto Investors Go Wild On X For Remittix 300% Bonus Offer!

2026-02-03

Here’s Why Investing In Remittix This Week Could See 500% Gains As Early As Mid Feb

2026-02-03

Dutch Entrepreneurial Development Bank FMO Invests R340M In Lula To Expand SME funding In SA

2026-02-03
Recent Posts
  • Crypto Investors Go Wild On X For Remittix 300% Bonus Offer!
  • Here’s Why Investing In Remittix This Week Could See 500% Gains As Early As Mid Feb
  • Dutch Entrepreneurial Development Bank FMO Invests R340M In Lula To Expand SME funding In SA
  • Bitcoin, Solana & Ethereum See Mega Sell Off As This Altcoin Is Predicted By Experts To Surge This Week
  • Global PayFi Altcoin Remittix In Talks With Major Exchanges As $RTX Offers Huge Bonus For 72 Hours
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.