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A new incentive for the global business services sector will create employment opportunities for youth in SA, Trade and Industry Minister Rob Davies said.

The Global Business Services incentive – which came into effect on January 1, 2019 – was first launched last month by the minister in London. It replaces the previous Business Process Services Incentive, according to a statement from the department of trade and industry (dti).

The dti had revised the package after continuous monitoring of the global business services sector, a global benchmarking study and investor engagements.

The Minister of Trade and Industry, Rob Davies, says the Global Business Services (GBS) incentive that became effective from January 1 will create employment opportunities for the youth in South Africa.

Davies launched the GBS incentive last month at South Africa House in London.

He said the opportunities would be especially in the areas of medium- to high-complexity jobs, and that young people would be exposed to servicing major global brands out of South Africa.

Dear Stakeholder

The third Quarter (September to November) of the 2018 Financial Year has come to an end and with so much packed into the three months it passed by seemingly in a flash! A big thank you and congratulations for another very successful Quarter to all our members, to our partners in Government and Harambee, and to our non-member stakeholders with whom we have actively engaged to take our development and growth agenda forward successfully.

BPESA, together with the dti, take pleasure in producing the international Jobs Report for the 3rd Quarter of 2018.

3,115 new international jobs were created between 1 July and 30 September 2018, which is 4,5% more than Quarter 2, keeping the rolling CAGR well above 20%. The report also shows that 11,7% of the new jobs created in Quarter 3 were hired inclusively (South Africans aged between 18 and 35 years of age; having attended a Quintile 1, 2 or 3 school or being dependent on a social grant in the family or from a household with less than R6, 000 income per month).

In the State of the Nation Address in February, I announced that a central priority for government this year is to encourage significant new investment in our economy.

This is a necessary condition for the growth of our economy and the creation of jobs on a scale that will significantly reduce current levels of unemployment.

New investment in productive sectors of the economy is therefore vital to our efforts to reduce poverty and inequality.

Investment in our economy has declined in recent years.

The Executive Mayor of the City of Cape Town, Patricia de Lille, President Ramaphosa’s Special Investment Envoy and former Minister of Finance, Trevor Manuel and Zondwa Mandela are set to address the inaugural GSA Global Sourcing Summit and Awards, in partnership with BPESA.

The conference will be hosted at the Cape Town International Convention Centre from the 1st to the 2nd of October 2018.

Showcasing the ground-breaking case studies and influential speakers from around the world, delegates will be discussing and debating the very latest trends and predictions effecting organisations today. The conference will provide tangible insights into subject areas such as customer experience, robotics process automation, managing outsourcing relationships, digital transformation, innovation and exit management.

JOHANNESBURG – South Africa has been named the “Global Destination of the Year” by the Global Sourcing Association, the department of trade and industry (dti) said late on Wednesday.

The Minister of Trade and Industry, Dr. Rob Davies says the award which is the fifth for South Africa since 2012 is a further accolade and recognition of South Africa’s value proposition and credible offering, the statement said.

The offering combines global best practice, a talented and scalable labour pool with government support to attract international outsourcing work into South Africa.

Davies said since the establishment of a global Business Process Services (BPS) footprint, South Africa has been recognised as a leading offshore BPS destination and has received several international awards.

CEO WELCOME  The second Quarter (June to August) of the 2018 Financial Year has come to an end.

I’d like to congratulate you on the successes achieved to date and thank you for your support and contributions to building the Sector Body and Trade Association and developing the sector further. This newsletter provides you with some of the highlights of the Quarter and flags key events for the third Quarter (September to November).

The BPESA Marketing team, together with the dti take pleasure in producing the international Jobs Report for the 2nd Quarter of 2018.

2,977 new international jobs were created between 1 April and 30 June 2018, which is 27% more than Quarter 1, keeping the rolling CAGR above 20%. The report also shows that 17% of the new jobs created in Quarter 2 were hired inclusively (South Africans aged between 18 and 35 years of age; having attended a Quintile 1, 2 or 3 school or being dependent on a social grant in the family or from a household with less than R6, 000 income per month), almost at the target of 20%.

CEO WELCOME

The first quarter (March to May) of the 2018 Financial Year has come to an end with positive results in all our key focus areas. This newsletter provides you with some of the highlights of the Quarter and flags key events for the period 1 June to 31 August.

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