Supporting our youth through skills development initiatives

As a responsible business, Old Mutual is deeply committed to addressing South Africa’s youth employment by creating inclusive economies. One of the ways we approach this challenge is through strategic partnerships that can develop industry-aligned skills to support the green economy.

The Old Mutual Foundation and Old Mutual Insure, in partnership with the National Business Initiative, on the Installation, Repair and Maintenance (IRM) initiative which aims to expand opportunities for job retention and job growth in (IRM) enterprises across a range of sectors in the South African economy. Through this initiative, participating Technical and Vocation Education and Training (TVET) colleges are capacitated to deliver job-ready youth with QCTO-registered trade skills and workplace experience.

By investing in the Green Skills Plumbing Programme, we enable opportunities for 90 young women and men to gain accredited skills and workplace experience in the Plumbing and Solar Water Industry, under the skilled guidance of TVET Umfolozi (KZN) and the Institute of Plumbing SA (IOPSA). After successful accreditation, graduates are absorbed into employment with local plumbing businesses which are supported by the NBI’s Ilembe Small Business Hub, with Old Mutual Insure integrating viable suppliers into their business value chain. 

We are particularly excited about the holistic work being done to drive green skills development and proud of working alongside our participating partners to drive economic inclusion of South Africa’s youth.

Release from: https://www.oldmutual.co.za/news/empowering-youth-and-building-green-economy-skills/