Microsoft SA invests R1,3bn in SMMEs, youth

South Africa News News

Microsoft SA invests R1,3bn in SMMEs, youth
South Africa Latest News,South Africa Headlines
  • 📰 ITOnlineSA
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

IT Industry News. Daily.

Kathy Gibson reports – Microsoft is making about R1,3-billion available in an equity equivalence agreement with the Department of Trade, Industry and Competition for a fund supporting skills and capability development and enterprise development for youth and SMMEs.

“This is a big step forward in building an inclusive and tech-proficient population, because we need to ensure that people have the requisite skills.” “We need to ensure our citizens are part of the digital economy, and address the roadblocks. This agreement aims to enable and empower individuals, especially youth and SMMEs.”

“Through the agreement between Microsoft and the DTIC, a R1,3-billion fund will be set up to support black-owned busineses, and help young people gain necessary skills.” The non-technology fund, or about R390-million, will help black-owned SMEs to flourish by using technology, assisting them to improve mainstream businesses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ITOnlineSA /  🏆 16. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft SA invests R1,3bn in SMMEs, youthMicrosoft SA invests R1,3bn in SMMEs, youthIT Industry News. Daily.
Read more »

Microsoft announces R1.3bn SA fund to boost black-owned businesses in deal with govtMicrosoft announces R1.3bn SA fund to boost black-owned businesses in deal with govtMicrosoft announces R1.3bn SA fund to boost black-owned businesses in deal with govt
Read more »

Gugulethu Xofa Speaks on Influencers in the Acting Industry: “A Lot Has Changed in the Industry”Gugulethu Xofa Speaks on Influencers in the Acting Industry: “A Lot Has Changed in the Industry”Gugulethu Xofa addressed the influx of influencers in the acting industry. She said social media celebs receive preferential treatment over professional actors
Read more »

SA fails to unleash economic revitalisation power of SMMEsSA fails to unleash economic revitalisation power of SMMEsThrough targeted policies, awareness campaigns and collaborative efforts, we can harness small, medium and micro enterprises’ dynamism and pave the way for a mo
Read more »

City hosts ‘speed dating sessions’ for SMMEs and prospective buyersCity hosts ‘speed dating sessions’ for SMMEs and prospective buyersAs part of the City's Smart Supplier Programme, approximately 150 small, medium, and micro-enterprises (SMME) pitched their services to prospective buyers during'match-up' sessions this week.
Read more »

SMMEs welcome Mahikeng Trade Market launch for business growth - SABC News - Breaking news, special reports,SMMEs welcome Mahikeng Trade Market launch for business growth - SABC News - Breaking news, special reports,SMMEs have welcomed the launch of Mahikeng Trade Market.
Read more »



Render Time: 2025-02-13 05:59:11