R900m pledge for digital jobs in Africa
BusinessTech.co.za - May 10th, 08:35
The Rockefeller Foundation will pledge close to US$100 million (R900m) to create digital field jobs in Africa, it was announced at the World Economic Forum on Africa on Thursday (9 April).
“There is no better place to announce the official launch of the Rockefeller Foundation’s Digital Jobs Africa initiative, a US$97 million investment,” said the philanthropic organisation’s president Judith Rodin in Cape Town.
The initiative hoped to reach one million people in the next seven years.
The money would be pumped into training work seekers and getting them jobs in the digital fields such as data entry, service centre support, online research and web design.
The initiative would be rolled out in six countries – South Africa, Kenya, Nigeria, Ghana, Morocco and Egypt.
“We will leverage the rising demand from African-based organisations, governments moving to e-government using digital tools, and multinational corporations, to create sustainable employment opportunities, which is a win-win for all, cutting costs in many cases by 40%, while increasing incomes for workers by 40 to 200%,” Rodin said.
Manufacturers’ sentiment index jumps to 36,61 in third quarter, Namibia
23/10/2013 - 10:12
The manufacturers’ sentiment index jumped to 36,61 in the third quarter of this year from the -14,89 recorded at the end of the previous quarter, Simonis Storm Securities (SSS) said in a report released earlier this month.
Shoprite operating normally, license intact - minister, Zambia
22/10/2013 - 09:30
Minister of Labour and Social Security, Fackson Shamenda, says Shoprite is operating normally and its operating licence is still in force.
UNZA shopping mall to cost K248m. Zambia
22/10/2013 - 09:06
The construction of a shopping mall to be the property of the University of Zambia (UNZA) Great East Road campus will cost K248 million.
Role of venture capital in Namibian economic growth
22/10/2013 - 08:06
The Namibian Government is injecting huge stimulus into the Namibian economy in order to accelerate the growth of local enterprises. The recent promulgation of the amended Regulation 28 and 29 of the Pension Funds Act has the potential to unlock capital and channel its flow towards entrepreneurial businesses.
Pioneer to slash jobs in cost cut drive
21/10/2013 - 11:17
Johannesburg - Food manufacturer Pioneer Foods [JSE:PFG] is cutting jobs as part of a restructuring process to reduce costs in the face of constrained consumer spending, its chief executive has said.