Volvo Group Southern Africa to Invest more than R20 million in Youth Empowerment

Updated on 21 May 2018

Subscription Form (#66)
Reading Time: < 1 minute

Volvo-logoVolvo Group Southern Africa said it was planning to invest more than R20 million on apprenticeship training, automotive industry learnerships, disabled person learnerships, as well as internships in 2018.

President of Volvo Group Southern Africa, Torbjörn Christensson, said that since 2015, the group has invested more than R86 million on apprenticeship training, automotive industry learnerships, disabled person learnerships, as well as internships.

“The company is planning to invest another R25 million during 2018. During the course of 2018, Volvo Group will also establish a specialised Driver Training Academy to address the shortage of skilled drivers in the region, an investment of R1.4 million.”

Christensson said this during President Ramaphosa’s tour at the Volvo Trucks assembly plant in Durban on Saturday.

“We are also continuing our involvement in Star for Life, a non-profit organisation that aims to provide young people in South Africa with essential life skills, sport training, and health education. Just in the three years from 2017 to 2019, we are planning to invest around R7.8 million in this very worthy cause,” said Christensson. (via African News Agency)

Get Weekly 5-Minutes Business Advice

Subscribe to receive actionable business tips and resources.

Subscription Form (#66)

Subscribe to our Newsletter

Receive weekly actionable business tips and resources.

Sidebar Subscriber

Feeling Stuck?

icon