The Fair Trade Trust in Numbers:
School Fees for 158 Children, plus a donation towards equipment for a 'no-fee' school: R282,010
Group Training Courses: 57 people benefitted - courses included Computer Training; Driving Lessons; Warehouse, Storage and Distribution; HACCP Awareness and Introduction; HIV and AIDS Awareness; Flavour & Scent Workshop.
One person applied for an individual bursary for final year studies in Business Management.
School Fees for 221 Children: R325,582
Group Training Courses (up to end 1st Qtr): 7 people benefitted - First Aid Course and Analytical Thinking.
No individuals applied for bursaries.
Why the focus on education?
For almost a decade, South Africa has been experiencing low growth. There has also been a decline in the rate at which young persons (graduates and school leavers) are absorbed into the economy. This is a classic 'chicken and egg' situation - it could be argrued that low growth causes the declining absorbtion of young people into the economy OR if the young people cannot find the 'connections' in the economy, economic growth will decline...
In spite of many job creation and empowerment initiatives and economic stimulation campaigns - some by government; some by private enterprise - the success rate has been low, temporary and superficial. The root cause of this lack of resilience is because the youth (and the greater majority of the unemployed) simply do not have the kind of education that matches the demands of the job market.
Turqle's commitment is to building resilience - not just for ourselves, but for the people who make our products - and the children of the people who make the products - because they are the job creators and economy growers of the future.
Early in 2016, we found a wonderfully appropriate infographic made by Capter2.co.za that illustrates the impact of education (or a lack thereof) to make sense of the recently released information from Stats SA* on youth unemployment in South Africa.
*Additional sources included inputs from BizNews, McKinsey on Society, the National Planning Commission and the World Economic Forum.
Questions about the Fair Trade Trust?
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