High Education Bursaries

image
image
image

The DTI has introduced amendments requiring companies to allocate 2.5% of their annual payroll towards funding higher education bursaries for black students. This initiative can earn companies up to four points on their B-BBEE scorecard and includes provisions for funding adult basic education and school training programmes.

Bursaries hold great potential for unlocking opportunities for South Africa's youth. MYSTAR believes they can play a crucial role in transforming unemployment rates, workplace diversity, income inequality, and ultimately, the economy.

Transformation and B-BBEE efforts in both the public and private sectors must align with the imperative of providing quality education to as many young South Africans as possible.

Chat with us on WhatsApp
Message us