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The Industrial Development Corporation (IDC), as part of Presidential Employment Stimulus, is accelerating its drive for social employment as part of its portfolio of interventions to create jobs and support livelihoods. The Social Employment Fund, launched through the Presidential Employment Stimulus, is contributing to sustainable job creation through the facilitation of 50 000 new work opportunities which were delivered during its first phase. The Department of Trade, Industry and Competition has established a Social Employment Fund, with the IDC as the fund manager. To date, a total amount of R800 million was invested through 28 Strategic Implementing Partners, contracted to deliver on the creation of 50,000 temporary work opportunities. 

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