President Cyril Ramaphosa on Tuesday said it saddened him to see young people standing on the streets aimlessly.

Ramaphosa was speaking at the launch of the Youth Employment Service, which will be known as the YES initiative, at the Riverside Incubation Hub in Midrand on Tuesday. It is being launched by government in partnership with business and organised labour.

“This is an occasion of great significance in our country.”

Ramaphosa said the initiative was aimed at addressing the most pressing socio-economic challenges in the country, particularly poverty and unemployment among the youth.

“We know that millions of these young people do not complete school, when they do, they do not have the skills that our economy needs.”

He said the initiative had its genesis 18 months ago, when government was challenged to support small and medium enterprises and garner more investments in the economy.

Read more on Fin24.com.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *