NEF partners with Altitude Group to create 50 jobs for the youth
THE National Empowerment Fund (NEF) has appointed Altitude Group as an implementing partner in a new Business Process Outsourcing (BPO) and job creation initiative that has created 50 employment opportunities for unemployed youth.
The six-month programme will see the NEF invest R2.25 million to support job creation, accredited skills development, and enterprise growth within a black-owned BPO operation delivering customer interaction services for ABSA Bank.
The initiative achieves a 100% absorption rate, ensuring all participating youth are permanently employed at the end of the programme.
This initiative directly addresses that challenge by combining job creation with structured skills development in customer service, financial literacy, and digital competencies โ equipping young South Africans with transferable capabilities in a growing, technology-enabled services sector.
NEF CEO Mziwabantu Dayimani, emphasised the importance of targeted, youth-focused employment programmes. โSouth Africaโs unemployment crisis is most acute among young people. Creating 50 jobs may appear modest in isolation, but each opportunity represents dignity, income, skills, and a pathway into the formal economy.โ
Altitude Group Director, Mr Kris Pillay, welcomed the partnership. โThis initiative reflects Altitude Groupโs long-standing commitment to driving economic transformation from the ground up. We believe that sustainable change happens when young people are not only given jobs, but are also nurtured, trained and empowered to grow.โ