Today's Big Stories, EOH Youth Job Creation Initiative

702 and EOH join forces to help combat SA's job crisis

702 has partnered with consulting services firm EOH to bring the EOH & 702 Youth Job Creation Challenge.

EOH CEO Asher Bohbot says youth unemployment is not only a economic problem, but a social one too.

37.5% of South Africa's youth (between 15-24) are unemployed, Bohbot explains.

The original initiative was launched in 2012, and has since evolved into a greater call to action.

In partnership with the National Treausury, the aim is to challenge businesses across the country to create 100 000 jobs by 2020.

Businesses are called to pledge 3% or more of their workforce to learnership and internship programmes for unemployed youth.

According to Bohbot, a young person who has been on a year-long internship is seven times more likely to find permanent employment.

There is a gap in South Africa between education and skill. That gap is [filled] by the programme we are initiating... government is helping with support, there are subsidies and tax benefits.

Asher Bohbot, CEO of EOH

Listen to the full conversation:

At the same time, Primedia Group CEO Roger Jardine says that is important for 702 to make a meaningful connection between business, govenrment and NGOs.

We are very proud as Primedia, to be a part of such a great national mobilising effort to address youth unemployment.

Roger Jardine, Primedia Group CEO

He says the initiative is more than charity work; it is an opportunity to boost business and the country's economy.

Listen to the full conversation:

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