Are learnerships still relevant in 2023?

Loading player...
GUEST - Shobana Maikoo, Head of TransUnion’s Global Capability Centre (GCC) Africa

Every year billions are spent on training and skills programmes for South Africa’s youth. The challenge is that while they teach tens of thousands of youth new skills, they don’t necessarily create a clear path into actual jobs. In fact, Stats SA’s latest quarterly employment figures suggest things are getting worse, with more than four out of every 10 young South Africans currently being jobless. What’s needed is a more targeted approach. For a growing number of institutions and businesses, the answer appears to lie in youth learnership programmes that lead to direct employment.

The World Bank and the International Labour Organisation certainly think so, saying learnerships can have long-term positive effects on skills development, entrepreneurship and economic development.

Shobana Maikoo, Head of TransUnion’s Global Capability Centre (GCC) in Africa, says learnerships are a key tool in South Africa’s ongoing struggle to get young people employed.

The GCC’s own experience highlights the effectiveness of this approach. Since being founded in 2021, it has taken 60% of its 100+ learners into full-time employment after their 12-month learnerships. “Businesses need to be more precise in their upskilling efforts and focus on specific skills that are sought after in the local market – in other words, skills that will land these learners actual jobs. The beauty of learnerships is that they effectively provide on-the-job training for the roles the youth might transition into,” says Maikoo.
18 Sep 2023 4PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min