(AsgiSA) Annual Report 2008 - South African Government Information
(AsgiSA) Annual Report 2008 - South African Government Information
(AsgiSA) Annual Report 2008 - South African Government Information
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Accelerated and Shared Growth Initiative for <strong>South</strong> Africa<br />
ANNUAL REPORT<br />
<strong>2008</strong><br />
3.6.3 Preferential procurement for small and medium-sized enterprises<br />
Consultation workshops on the 10 products to be procured from SMEs were conducted with five provincial<br />
treasuries. This awareness drive was then moved to an implementation stage focusing on the<br />
completion of the practice notes and follow-up activities related to the launch of these products.<br />
Some departments such as public works have started implementing the project. However, implementation<br />
is slow. Issuing practice notes takes time.<br />
3.6.4 Khula small and medium-sized loans reached R746 million in 2007<br />
Approvals to Khula channel partners totalled R607 million in 2007/08 (2007: R757 million). For the<br />
second time, loans approved to Retail Financial Intermediaries (RFIs) exceeded those of the Credit Indemnity<br />
Guarantee Scheme used mainly by commercial banks.<br />
3.6.5 Jobs for growth<br />
The Co-operative Development Unit has facilitated the process of assisting co-operatives to be part of<br />
Msanzi collection stores in contributing to jobs for growth. A number of co-operatives had opportunity<br />
to exhibit their products in the store since the launch of the stores. Those that didn’t make first intake<br />
will be given first priority for the second intake after 31 March 2009. A number of co-operatives have<br />
been registered under jobs for growth.<br />
3.6.6 Young people<br />
The National Youth Service Programme (NYSP) is a second-economy government initiative led by the<br />
National Youth Commission (NYC), The Presidency (Youth Desk) and the Umsobomvu Youth Fund (UYF).<br />
It was initiated in October 2003 as a special Presidential Programme to address high levels of youth unemployment<br />
by creating opportunities for voluntary service and skills development for young people.<br />
The programme supports community and national development while simultaneously providing an<br />
opportunity for young people to access opportunities for skills development, employment and income<br />
generation.<br />
In <strong>2008</strong>/09, the NYS experienced growth in terms of reach and scale. To date, the figures indicate<br />
that 36 019 unemployed and unskilled young people have participated in NYS Category One projects<br />
(youth employment); 3 760 volunteers from 15 Higher Education and Training institutions (HETs) have<br />
been mobilised to serve in Category Two volunteer projects (higher education [HE] and FET students);<br />
and 7 968 volunteers registered and participated in Category Three (all cohorts of youth and adults)<br />
projects.<br />
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