Jobs Boost

Jobs Boost is a R300 million pay-for-performance model being piloted in South Africa.

17/06/2026

President Cyril Ramaphosa has highlighted Jobs Boost as a model that links training funding to real employment outcomes.

In his Youth Day message, he wrote: “The Jobs Boost Outcomes Fund pays for training for young people only when they are placed in a real, quality job.”

The Jobs Boost Outcomes Fund, designed and managed by Krutham, uses a R300m pay-for-performance model to support young people into sustainable, quality jobs.

Read the President’s Youth Day message: https://www.gov.za/blog/young-people-opening-doors-learning-work-and-opportunity

Learn more about Jobs Boost: https://jobsboost.org.za

27/05/2026

Initiated by the Presidency as part of the Presidential Youth Employment Intervention, the Jobs Boost Outcomes Fund uses a R300m pay-for-performance model to support placing young people into sustainable, quality jobs.

Its first phase has already supported more than 5,000 young people gain employment opportunities connected to real labour market demand.

In the state of the nation address, President Cyril Ramaphosa said government would transform the National Skills Fund into a more agile, outcomes-driven instrument, building on successful initiatives such as Jobs Boost.

Dr Mimmy Gondwe, deputy minister of higher education and training, explains why outcomes-based financing is gaining momentum in South Africa’s youth employment and skills development system.

Read the full article here: https://www.businessday.co.za/opinion/2026-05-26-mimmy-gondwe-from-funding-activity-to-funding-impact/

Learn more about Jobs Boost: https://jobsboost.org.za

15/05/2026

In the state of the nation Address, President Cyril Ramaphosa said government would transform the National Skills Fund into a more agile, outcomes-driven instrument, building on successful initiatives such as Jobs Boost.

Krutham helped research, design and implement the Jobs Boost Outcomes Fund. We are now drawing on that experience for a webinar on outcomes-based finance and skills creation in South Africa.

The discussion will look at how outcomes-based finance works, why it matters for public funding and what the evidence from Jobs Boost is showing.

The session also comes ahead of the launch of the OBF Handbook, developed by Krutham for the Presidential Youth Employment Intervention and the South African Medical Research Council, with funding from FirstRand Foundation and Standard Bank Group Tutuwa Community Foundation.

Moderator: Justin Prozesky, Principal: Impact Capital

Speakers:
Dr Stuart Theobald, CFA, executive chairman
Akosua Koranteng, leading monitoring, evaluation, research and learning at the Presidential Youth Employment Intervention
Riyaadh Ebrahim, Jobs Boost programme director

Date: 21 May 2026
Time: 15:00 to 16:30

Register now: https://us02web.zoom.us/webinar/register/WN_sUWNlqjHSIKrvtSIHAwPsg #/registration

24/03/2026

Krutham will be at the Outcomes Finance Alliance (OFA) Summit 2026 in Cape Town this week, where global organisations will convene to advance outcomes-based finance and its role in development.

Attending the summit are:
- Dr Stuart Theobald, Krutham Chairperson
- Justin Prozesky, Principal: Impact Capital
- Riyaadh Ebrahim, Jobs Boost Programme Director

The summit brings together practitioners, policymakers, investors and outcome funders to share lessons, explore market development and support the mainstreaming of outcomes-based finance. With a focus on practical outcomes and deal-making, discussions will centre on how to strengthen public–private collaboration and scale implementation across sectors including employment, health, education and climate.

Attending the summit? Connect with the team to discuss Krutham’s work.

Learn more at ofasummit.org

24/02/2026

The Jobs Boost Outcomes Fund has entered the final phase of its pilot programme.

We have released the fifth quarterly report, covering November 2025 to January 2026. The programme is now focused on verifying sustained employment outcomes as earlier placements reach key retention milestones.

As at 31 January 2026:
• 9,174 verified enrolments (110% of target)
• 6,813 verified placements (94% of target)
• R220m+ disbursed based on independently verified results
With sustained employment outcomes accelerating and R220m already disbursed for verified performance, the pilot is demonstrating the viability of outcomes-based employment funding at scale.

An independent external evaluation is underway and expected to conclude by March 2026. Its findings will inform decisions on future programme design and potential expansion.

Read the full Q5 report here: https://jobsboost.org.za/programme-structure/eoi-and-rfp/

Address

Building 3, First Floor Inanda Greens Office Park, 54 Wierda Road W, Wierda Valley
Johannesburg
2196

Website

http://jobsboost.org.za/

Alerts

Be the first to know and let us send you an email when Jobs Boost posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.