Impact Sourcing Chapter UK&I

Making an impact on unemployment & economic growth

Sigma Connected, Business Process Outsourcing specialists, explain how they are working toward reducing unemployment and growing South Africa’s economy through Impact Sourcing.

Unemployment has destabilised the future of a whole generation of young South Africans and the road ahead is seemingly getting darker with the pandemic.

With an already ailing South African economy prior to COVID-19, the pandemic further exposed other long-standing socio-economic weaknesses within the country.

According to Statistics South Africa, the unemployment rate stood at 34.4% in the second quarter of 2021 and is the highest tracked by Bloomberg for 2021. The youth unemployment rate stands at a catastrophic 74%.

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