Low Barrier To Entry Means Software Development Holds Opportunities For SA’s Youth

Loading player...
Youth unemployment has hit a record high, with 64.4% of those aged 15 to 24 unemployed in South Africa. As more and more jobs are becoming available in the tech space, it is vital to bridge the digital skills gap in the country to minimize the youth unemployment rate and improve the livelihoods of young people in the country. Riaz Moola, CEO at HyperionDev says that the rise of the Fourth Industrial Revolution has resulted in an influx of digital job opportunities. However, locally this demand far exceeds supply, leading to a severe skills gap.
13 Sep 2021 1PM English South Africa Business News · Investing

Other recent episodes

From Spain to South Africa: Vukile's Next Growth Phase

Retail-focused property group Vukile Property Fund reported strong trading across its South African and European portfolios, supported by healthy sales growth, high occupancy levels and resilient leasing activity. CEO Laurence Rapp joins us to talk about expanding in Europe, integrating newly acquired Spanish and Italian assets, navigating currency headwinds and…
29 Sep 11AM 14 min

Beyond Tap-and-Go: The Future of Payments in South Africa

South Africa's payments landscape is undergoing significant reform, with regulators and industry players seeking to expand access, increase competition and lower transaction costs. Lincoln Mali, in his capacity as President of the Association of South African Payment Providers, talks about digital payments, merchant adoption, financial inclusion and what a more…
29 Sep 1PM 14 min

Beyond the Unemployment Rate - Reading the Economy Through Jobs

South Africa's latest Quarterly Employment Statistics showed the formal sector shed 14,000 jobs in the second quarter, even as wages continued to rise. Nkosinathi Mahlangu from the Momentum Group Foundation unpacks what the latest employment data reveals about economic activity, shifting industry trends, entrepreneurship opportunities and the outlook for young…
29 Sep 1PM 16 min

From Farm to Fork: The Real Cost of Higher Rates

The Reserve Bank's latest interest rate increase could have implications far beyond the financial markets. Brendan Jacobs, Head of Agribusiness at Standard Bank South Africa, explores what rising borrowing costs, volatile energy prices and looming weather risks mean for farmers, food production and ultimately the prices South Africans pay at…
28 Sep 1PM 13 min

Careers Corner: Can South Africa's Digital Economy Create a Million Jobs?

As South Africa targets one million new jobs by 2030, the ICT sector is expected to play a critical role. Dr Jannie Zaaiman, CEO of SAICTA, joins Kaya Biz to discuss the launch of a new industry-focused jobs portal, the demand for future-ready skills such as AI and automation, and…
28 Sep 1PM 18 min