The Cape Innovation and Technology Initiative (CiTi) has announced a significant scale up of its CapaCiTi technology skills and job readiness programmes. The group says it has unlocked R250 million to support technology skills and job creation in South Africa.<\/p>\n
Over the next three years, CapaCiTi will equip in excess of 3,000 young individuals with industry-demanded technology and business skills, placing them in permanent jobs in South Africa’s leading companies.<\/p>\n
This is in addition to the 1000 candidates already trained, mentored and placed. This large-scale expansion has been enabled through the generous support from South African corporate businesses, in particular R100 million from BCX, and also R75 million from the National Treasury Jobs Fund.<\/p>\n
CapaCiTi is now training young, unemployed South Africans in Johannesburg, Durban and Port Elizabeth as well as at the organisation’s hub in Cape Town.<\/p>\n
Through CapaCiTi programmes, unemployed previously disadvantaged young individuals (40% female) are equipped with a relevant and work-ready skill set which they go on to apply in their internship and permanent placement in one of CapaCiTi’s partners.<\/p>\n
CapaCiTi has achieved a 97% placement rate in 130 South African companies to date, allowing them to significantly grow, diversify and retain their young tech talent.<\/p>\n