EOH is set to launch a job creation initiative which is aimed at stimulating the job market in South Africa.
According to EOH, youth make up 75% of South Africa’s over 5 million unemployed people – something which the JSE-listed IT service provider believes falls within the responsibility of business to rectify.
“EOH’s view is that Job Creation is primarily the responsibility of business,” said EOH’s CEO, Asher Bohbot.
“Government’s role is to create the environment and incentives for business to thrive and create jobs. Government can’t shoulder the burden, and definitely is not able to employ more people.”
EOH estimates that South Africa is currently off-shoring between 20,000 and 25,000 jobs – jobs which the company aims to “bring home” over the next 3 years.
The company also wants to use its initiative to create internships for graduates and matriculants to combat the shortage of skills in the country.
“We are short of skills, rather than short of jobs – one set of skills equals one job,” Bohbot continued.
“We have a need to [train] our people, starting with school leavers and graduates through Learnership and Internship programmes.”
“At EOH we have 600 learners and interns who represent 15% of our workforce; just imagine, theoretically if every business in SA were to do the same, it would mean the employment of hundreds of thousands of young South Africans,” Bohbot said.
The main areas of the EOH Job Creation Initiative are:
- The promotion of Internship and Training Programmes;
- Repatriation of jobs off-shored to other countries and the creation of jobs by off-shoring services to other countries;
- Working with Government to mobilise business to take advantage of Government incentive schemes for job creation;
- Encourage businesses to invest more in SA which will result in job creation.
JSE-listed companies have R600 Billion in cash, EOH noted.
Bohbot concluded by saying that businesses have do much more for our country