Official source
Source domain: tourism.gov.za
Collected on 13 July 2026
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Revised Training Layoff Scheme (TLS) as first port-of-call for private-sector workforce challenges
Private-sector companies facing workforce challenges can access the revised Training Layoff Scheme as a primary support mechanism.
revised Training Layoff Scheme (TLS) as first port-of-call
Reference
https://www.tourism.gov.za/Documents/Agreement_Jobsummit.pdf
Amounts
R 100 000 000 000
Investment access under the Financial Sector Code commitment of R100bn over five years
Black-owned enterprises at Level 6+ can access funding from the Financial Sector Code’s commitment to invest R100 billion over five years.
Industrial financing: Financial Sector Code commits to invest R100bn over 5 years in Black enterprises/firms at Level 6+
Participation in structured local procurement engagements with 500 corporates
Businesses and organisations can participate in structured engagements with 500 corporates over the next 12 months to support local procurement and economic inclusion.
Local procurement engagement: structured engagements over next 12 months with 500 corporates
Membership in the Presidential Jobs Committee for monitoring and reporting
Representatives from government, business, and organised labour may participate in the Presidential Jobs Committee to monitor and report on job creation progress quarterly.
Presidential Jobs Committee (quarterly progress reports)