Technology firm Jasco said on Thursday it was keen to be among the first companies to use President Cyril Ramaphosa’s new youth employment scheme, partly in an effort to boost its broad-based BEE scores. Ramaphosa’s Youth Employment Service (Yes) initiative, which was gazetted in August, is aimed at giving businesses an incentive to employ young people through tax breaks and improved BEE ratings. Also on Thursday, health-care group Netcare said it would train and offer additional permanent jobs to 1,200 unemployed youth as part of the scheme. The positions would be in the fields of finance, human resources, administration, technical services and pharmacy.

"We are on track to recruit 490 previously unemployed young people in 2018 alone … As part of the Yes campaign, we are also building an innovation hub in Alexandra, Johannesburg, which will create further additional employment and enterprise supplier development opportunities," Netcare said. Mark van Vuuren, who took over as ...

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