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CETA ALLOCATES R600M SKILLS FUND

Bongani Mdakane | 18th March 2024



In its quest to contribute to skills development and economic empowerment in the construction industry, the Construction Education and Training Authority (CETA) has set aside more than R600-million to fund a wide array of skills development and training initiatives in the sector.


Malusi Shezi, the CETA CEO, made the announcement at a stakeholder engagement meeting in Sandton, Johannesburg, on Wednesday.


The meeting was also attended by key stakeholders such as Black Business Council, the Construction Industry Development Board, training providers, government officials among others. CETA stated that the substantial investment is set to benefit close to 4 000 people in the industry across the country.


CETA chairperson Thabo Masombuka said: “With these initiatives, we aim to address the aspirations of the State of the Nation Address as set out by President Cyril Ramaphosa, to assist in alleviating unemployment, stimulate skills for the economy and job creation opportunities for young people in those communities where there are limited economic activities.”


The entity has divided the investment into two parts, where R234-million will be allocated for training, while R172-million will be for the construction of training centres across the land.


‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’.


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