Enabling financial inclusion with SkillsPassport

Financial inclusion is increasingly being viewed as critically important to reducing poverty and achiev­ing inclusive economic growth. While it is by no means a panacea to ending poverty, it does represent a tangible way of reducing it. A growing body of evidence suggests that financial inclusion has substantial benefits for individuals. Various studies have demonstrated that when people participate in…

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Bridging the digital and economic divide with SkillsPassport

For the large portion of the South African population who are digitally invisible, the journey to digital visibility is not without its challenges. In the process of helping the ‘digitally invisible’ to become ‘digitally visible’, dealing with illiterate persons and ensuring that the information captured has integrity and is accurate, are just some of the challenges to overcome. SkillsPassport (Pty)…

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Bridging the digital and economic divide

Bold, forward thinking, tech-savvy entrepreneurs are developing and successfully deploying apps that allow marginalised individuals to create a digital profile that makes them visible to the mainstream economy. Almost 80 percent of the South African population of 42,4 million people reside in economically marginalised communities (Stats SA, 2005). A marginalised community is defined as a group that is confined to…

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South Africa’s statistics

South Africa has one of the worst Wealth Gaps in the world – Gini Coefficient of 0.70 (OECD 2013) Almost 80% of the population (42.4 million) resides in economically marginalised communities (townships and rural areas) (StatsSA, 2005) 75% of SA’s workforce is semiskilled and low-skilled (StatsSA, 2014) The official unemployment rate is 25% (StatsSA, 2014) 97% of the people in…

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