With unemployment ballooning as a result of the Covid-19 pandemic, the Jobs Fund has reiterated its commitment to fighting unemployment, with its partners having committed R271-million to Covid-19 support interventions. The Jobs Fund is a multiyear R9-billion fund administered by the National Treasury. Its primary mandate is to support initiatives that pilot innovative approaches to employment creation, to create 150 000 new jobs and learn from innovative models and build a knowledge base that can be used to contribute toward evidence-based policy-making.
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