Skip Ribbon Commands
Skip to main content

Skip Navigation Linksyes-initiative YES initiative

Sanlam Contributes to South Africa’s YES Initiative

We have allocated a significant amount of funding to the government-led Youth Employment Services (YES) initiative launched in 2018. This initiative aims to empower one million young South Africans by offering paid quality work experiences over the next three years.

During 2018, we contributed towards the establishment of the Tembisa Community Hub and the operational costs of YES. This included payment for a computer lab and training facility.

We are also bringing youth into various Sanlam businesses and funding learners in targeted small and medium-sized enterprises under the guidance of the YES management team. Sanlam Personal Finance will, for example, accommodate 150 learners with the intent of absorbing them into the mainstream business upon completion of a 12-month contract. The contract will include academic, practical recruitment assessments, on-boarding and induction training in the designated department.

We will look further opportunities to contribute toward this initiative in 2019.

Sanlam Life Insurance is a licensed financial service provider.
Copyright © Sanlam