On Tuesday, President Cyril Ramaphosa launched the Youth Employment Service (YES) in Midrand, promising to change the lives of young South Africans.
The programme aims to create some 1 million job internships over a three-year period targeting mainly black South Africans between the ages of 18 and 35.
However, labour analyst Terry Bell, speaking to Ray White on The Midday Report says the announcement strikes him rather as a political gimmick, something of early pre-election propaganda.
Cyril Ramaphosa made two main points and they both implied a boost to economic growth into jobs. In the first place he spoke about the need for more black African ownership, and that is fine, except by changing the complexion of employers is not going to really do much.— Terry Bell, Labour Analyst
I'm afraid that melanin, lets face it is not a component that creates more money or jobs. Then he talks about one million paid internships. Fine, who pays?— Terry Bell, Labour Analyst
He says there is a tax incentive offered but believes that this is going to diminish Sars revenue and add to the revenue deficit. He asks in which sectors will internships be offered?
I cannot understand whether politicians are even aware that we are in the middle of a fourth industrial revolution. Some of the studies that say that with an industrial societies, we are going to loose between 30 and 40% of existing jobs within the next 20 to 30 years.— Terry Bell, Labour Analyst
He asked what jobs are these interns being trained for and will these jobs exist in the future?
It could be through internships that there is an average stipend of R3500 and these will be for, of course, a duration of a year.— Terry Bell, Labour Analyst
Listen below to Clement Manyathela's report on the YES campaign:
Listen below for Terry Bells views on the YES campaign: