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MINISTER OF LABOUR LAUNCHES A R17 MILLION SKILLS PROGRAMME FOR THE COMPENSATION FUND

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MINISTER OF LABOUR LAUNCHES A R17 MILLION SKILLS PROGRAMME FOR THE COMPENSATION FUND

22nd February 2017

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The Compensation Fund (The Fund) is an entity that requires mostly scarce skills in order to operate efficiently. This is an entity that compensates and rehabilitates those that get injured and sometimes pass away due to occupational hazards. The Fund is currently undergoing a major overhaul and realignment to meet its social security obligation in the South African labour market

Workplace hazards, deaths and injuries often need such special and scarce skills like Orthotics, Medical Doctors, Occupational Therapists and Prosthetics in order to treat and rehabilitate those that are severely injured. In addition to this the Fund does need financial, accounting and actuarial skills in order to run prudently and efficiently in the area of social security.

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The Compensation Fund has ring-fenced 17 million Rand over three to six years for this programme and will partner with the South African Institute of Chartered Accountants to deliver the Skills Programme.

Members of the media are invited to the launch which will be held as follows:

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Date:  Friday, 24 February 2017

Time: 06h00 – 08h00

Venue: GCIS Media Room, Tshedimosetso House, 1035 Frances Baard Street (corner Festival Street) Hatfield, Pretoria

NB: There will be a video link to Imbizo Media Centre, Ground Floor, 120 Plein Street, Parliament, Cape Town

Enquiries: Sithembele Tshwete on 071 675 9849/ Sithembele.tshwete@labour.gov.za or Hloni Mpaka on 072 670 5464/ hlonitswua.mpaka@labour.co.za

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