Jobs Boost Outcomes Fund hosts President Cyril Ramaphosa during Youth Month
POSTED ON: June 12, 2025 IN Newsby admin
The Jobs Boost Outcomes Fund was honoured to host President Cyril Ramaphosa on 10 June 2025 at the Foundation for Professional Development in Tshwane, along with Minister of Higher Education and Training, Dr Nobuhle Nkabane. The President’s visit formed part of the national Youth Month programme and highlighted the government’s continued commitment to tackling youth unemployment through innovative, evidence-based solutions.
The Jobs Boost Outcomes Fund is a pay-for-performance pilot, administered by Krutham, that is part of the Presidential Youth Employment Intervention. It is funded by the Department of Higher Education and Training (DHET) via the National Sills Fund (NSF) and is designed to unlock scalable, results-driven employment opportunities across South Africa.
During his visit, President Ramaphosa engaged with Krutham and one of the 12 programme implementers, for an update on the progress of the pilot followed by engagements with young beneficiaries who shared firsthand stories of transformation and hope. The President also commended the fund for its focus on measurable impact and its role in reshaping South Africa’s employment landscape.
South Africa’s youth unemployment remains one of the most pressing socioeconomic challenges. The Jobs Boost Outcomes Fund is specifically structured to reward job creation outcomes, thereby ensuring that funding flows directly to initiatives that are successful in placing young people into meaningful employment.
The President’s visit reinforces the national call to action for government, the private sector and civil society to work together in accelerating economic inclusion for young people. The Jobs Boost Outcomes Fund remains committed to supporting job creation initiatives that deliver measurable, lasting impact.
For media enquiries, please contact:
Jennifer Kann: jkann@krutham.com | +27 83 455 3289
Kennedy Dube: kennedy@lingocom.co.za | +27 78 844 4229
About Jobs Boost Outcomes Fund
Jobs Boost is a R300m pay-for-performance model being piloted in South Africa. It is an outcomes fund that works with implementing partners to secure sustainable, quality jobs for unemployed, excluded youth.
Jobs Boost was initiated by the Presidency, DHET and the NSF as part of the Presidential Youth Employment Intervention (PYEI). Krutham was appointed to support with the design and the management of the pilot programme. Funding for the design of the programme was provided by the Michael & Susan Dell Foundation. The Jobs Boost Outcomes Fund is a project of a non-profit company, Employment Outcomes NPC, which Krutham established to administer the fund. For the pilot, the National Skills Fund, a part of the DHET, will act as the sole outcomes funder.
About Krutham
Krutham is a leading financial and policy advisory firm committed to driving positive impact in emerging markets. With a deep understanding of financial and capital markets, combined with a keen sense of social impact and politics, Krutham is dedicated to shaping industries and contributing to a better future. Straddling the spectrum of capital, Krutham works with diverse clients to deliver beyond the obvious and create financial systems that serve as a force for good. Krutham believes that financial systems are a force for good, and our role is to help maximise that good.
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