In the first quarter of 2025, South Africa’s official unemployment rate reached 32.9%.

Addressing this persistent challenge requires more than just job creation—it demands a concerted effort to equip individuals with the right skills for meaningful participation in the economy. Skills development plays a vital role in this effort by providing people with the competencies, knowledge, and experience needed to access job opportunities or start their own ventures.

Youth unemployment remains a pressing concern. Initiatives such as learnerships, internships, and apprenticeships are essential in bridging the gap between education and employment. These programs offer young people hands-on experience and industry-recognized qualifications that enhance their employability.

Within the Broad-Based Black Economic Empowerment (B-BBEE) framework, skills development is a powerful tool for transformation and inclusive economic growth. As a critical element of the B-BBEE scorecard, it incentivizes businesses to invest in training and upskilling Black South Africans. This encourages the private sector to move beyond compliance and play a meaningful role in building the country’s human capital.

The benefits extend beyond individual participants. A workforce equipped with relevant, in-demand skills, boosts South Africa’s economic productivity and global competitiveness. A skilled labor pool not only attracts investment but also fosters innovation, entrepreneurship, and job creation.

The ripple effect is profound. Skilled individuals are more likely to secure stable employment, uplift their families, and contribute to their communities. Over time, this helps reduce poverty and close the inequality gap, turning economic inclusion into a tangible reality for many who were previously excluded.

How is your organization contributing to a more inclusive, skilled, and empowered workforce that drives lasting economic change in South Africa?

Contact us to explore how you can be part of this transformative journey.