Oliver Tambo famously said: “A nation that does not invest in its children and youth, has no future and does not deserve one”. Under the Mandela administration, the Umsobomvu Youth Fund (UYF), was established and capitalised to invest in the skills development and entrepreneurship capabilities of young South Africans.
“Over the next three financial years, the NYDA will enroll 4,965 youth in YouthBuild programmes and will make an investment of R61 million rands (about $6.1 million) from its own funds while continually leveraging resources from other public and private partners.”