Unemployment in South Africa continues to rise because of COVID-19 restrictions. The youth are the worst affected by unemployment. In line with MUT’s mission to grow the number of students and alumni who take on entrepreneurship, the Procurement Division at MUT is heeding the call to encourage entrepreneurship.
This week, Siboniso Mthembu, Head of Procurement and Stores at MUT announced that his division will be prioritising companies that are owned by the youth as part of Youth Month.
“We have agreed that for the month of June we will only invite companies from our Procurement database owned by youth and for services published on the website,” Siboniso said. “We will include wording which states that preference would be given to entities that are youth-owned. These interventions will obviously be guided by MUT policy principles of competitiveness, transparency, and cost effectiveness.”
Siboniso said the initiative was part of MUT’s contribution to aid government’s efforts to improve the livelihood of the youth in South Africa.
“This is our way of saying that we are committed to give extra support to youth-owned entities during the month of June 2021.”