Nedbank, through the Youth Employment Service (YES) initiative, has announced the creation of more than 3000 jobs.
In a statement, the company said that they will avail these opportunities to persons aged between 18 and 29 years. The jobs will be at the bank and its placement partners WILDTRUST, Tradeway, UnlockD and ORT SA.
These paid job opportunities will be go on for 12 months, and are designed to train and equip youths with skills, as they prepare to enter the job market.
The YES initiative seeks to reduce youth unemployment, and was launched by president Ramaphosa in March 2018. It is a collaboration between government, business, labour and civil society.
South Africa has one of the highest unemployment rates in the world, at 27.1%. More than half of these are youth.
Nedbank has taken on the YES project in the true spirit of country building. They have gone over and above their own recruitment needs to create thousands of jobs in the most vulnerable of communities, thereby bolstering community-based programmes with deep impacts,” YES CEO Dr Tashmia Ismail-Saville stated at the pledge ceremony at the Tembisa YES Green Engine hub.
Nedbank Group CEO Mike Brown added that it is not the government’s job alone to transform the society.
“We know that the task of transforming our society and our economy is not an easy one. Government cannot do it alone, business cannot do it alone and Nedbank cannot do it alone.
“Transformation is much more than compliance with the codes; it’s a moral and business imperative to contribute to a sustainable future for all,” he said.
