Ernst & Young and Junior Achievement Worldwide release Gen Z Report

In late 2020, EY and JA collaborated to conduct a quantitative evaluation of nearly 6,000 young people, all current or previous JA participants, aged 16 to 25, with regards to their experiences in education and their views toward the future. JA Mascareignes alumni were among the contributors from Mauritius, which was among the 17 countries that were surveyed. The report has now been published and provides a great insight into Generation Z’s expectations from the educational system and, as the report states, could help to understand how to better prepare this generation for the World of Work.

Generation Z is defined as anyone born between 1997 and 2015. The overall findings show that this generation of young people are highly engaged and feel optimistic about the future. They want more hands-on experiential and real-life learning opportunities in topics such as Global Citizenship and the environment. They also strongly feel that their education should not be limited to the classroom. They are asking for educators to “offer innovative and creative learning opportunities that augment traditional teaching methods, and for businesses to support their development and education”. They, however express that they are less confident that the formal education is currently preparing them to be work ready, and this feeling increases among those who have already entered the workforce.

When it comes to the skills that they have and those on which they need to improve, the study identified the following: “Gen Z participants report feeling a high level of confidence in the 4Cs, with more than 75% of respondents stating they feel they know how to listen and work with others, solve problems, participate, voice their ideas and enjoy creative acts. The areas in which they felt least confident are related to resourcefulness and to improving upon what exists — suggesting that while they identify as a generation of original thinkers, they may struggle to integrate into the workforce or combine their ideas in meaningful ways once there”.

The respondents were less confident that formal education was fully aligned with the demands of the workplace. The report stating that “approximately 40% of Gen Z workers surveyed do not believe the subject focus or teaching methods in their education will successfully prepare them for life in 2030”. This perception is felt even more by some of the Gen Z who have entered the workplace. “Some in this cohort discovered they did not understand which job-ready skills employers value. In particular, they report feeling less prepared to think on their feet and solve problems.

When asked about what they would want the education system to look like, many referred to some of the positives of the current disruption. “Around 75% of surveyed students stated that, when the pandemic concludes, they wish to continue virtual instruction in some form — indicating a strong preference for hybrid education”. They also strongly feel about having more “experiential opportunities” that engage the business community in terms of “real-life work” and “professional mentorship”. “More than 50% of Gen Z respondents expressed that they look to corporations and large businesses to prepare them for trends such as automation, globalization and new work norms (….) the more that corporations partner with educators, to provide hands-on work this generation craves, the more likely they are to see the value of the skills and experiences these contributors bring to the classroom”.

The report ends by emphasizing that there is no “one-size-fits-all” approach but that the current disruption in traditional schooling has allowed for creativity and experimentation in teaching. The same should be continued and include Gen Z and their preferences. “It would be a disservice to the next generation if we fail to consider how some of the positive aspects of the shift to virtual education can be carried forward once the pandemic has concluded. Now is the time for educators to re-imagine how blended time can be used and how technology can enable learning both inside and outside the classroom.

The same can be said to encourage more involvement of businesses in education, “not only will collaborating with educators and working with students earlier on give businesses a window into this generation, it may also support recruitment and growth efforts while better equipping the next generation with the skills needed for jobs of the future”.

The full report is available here.

JA Mascareignes increases its reach in 2021 through its Online Programs

JA Mascareignes kicked off its first batch of Online courses for the year 2021. The two programs on offer during Mauritius’ second lock down, was the JA Mascareignes Online Work Readiness 2021 and the JA Mascareignes Online Financial Talk. JA Mascareignes has already more than doubled its number of beneficiaries reached through its Online Programs in 2021 compared to 2020.

For Mrs. Lionnet, Executive Director of JA Mascareignes, “if we want to attract and keep the interest of the youth, we need to use the digital tools which are attractive to them. It is why at JA Mascareignes the digitalisation of our program is a priority. The success of this process is visible with the increase in the number of participants who have registered and completed our online programs in 2021“.

The JA Mascareignes Online Work Readiness Program is an initiative where students aged 16-23 learn about key work-readiness skills in the comfort of their home. The program is an adaptation of the popular JA Career Success program which has been offered by JA Mascareignes since 2015.The aim of the program is to equip the participants with the necessary skills to get and keep a job. The program is in the format of 5 Zoom sessions, by JA Mascareignes staff, complemented by a team activity using WhatsApp and Google Slides, and fun quizzes using Kahoot. Thanks to the advances in the platforms used for this program, a participant can now complete the JA Mascareignes Online Work Readiness Program, using only his/her phone.

The JA Mascareignes Online Financial Talk, is an online workshop on money management. It is the digital version of the ‘Managing Your Money Smartly’ program and was first run during the Global Money Week 2021. The program covers:

  1. What is money?
  2. Saving money
  3. SMART Money Management
  4. Making a budget
  5. Credit
  6. Wealth Building

JA Mascareignes Alumni: EG Company launches #PlantingChallenge for Earth Day

Fresh from their great performance at the recent JA Africa COY competition, EG Company has launched a #PlantingChallenge for Earth Day 2021. The challenge involved asking their followers to share the favorite plant which they own and to

EG Company is committed to promoting tree planting and to protecting the environment. Earth day was an opportunity to their mission and to show that they mean business.

JA Mascareignes Online Financial Talk

The ‘Online Financial Talk’, offered by JA Mascareignes, is a workshop on money management carried out online. It is the digital version of the ‘Managing Your Money Smartly’ program and was first run during the Global Money Week 2021.

The basics of financial management are taught through this online workshop. From the comfort of your home, you can learn about the ways of using money smartly and distinguish between needs, wants and financial goals. This workshop also guides the participants towards savings and helps them learn about budgeting so that they can reach their financial freedom with a proper plan. Ending with the main lessons for wealth-building, the participants will gain knowledge on how they can steer their life in terms of their finances.

The very first online workshop of financial talk was held in March 2021 through Zoom. It was a 45-minute session, engaging participants aged between 16 to 25 years. The latter felt free to clear their questions related to money management and the feedback at the end of the session showed that the participants found the workshop useful because learning on budgeting was new to them. Budgeting is one of the critical financial skills which increases the participants’ understanding of their spending, prioritizing their expenses, staying debt-free and focusing on long-term goals.

This digital version of the financial management program is open, free of charge to participants aged 16 to 25 years. It has been bulked up to two sessions of two hours each, and a certificate of participation will be provided upon completion of the program. Please feel free to contact JA Mascareignes for more information on registration for the online financial talk.

JA Eswatini Wins Company of the Year Competition as African Leaders Advocate for Youth Excellence in Entrepreneurship

JA Eswatini has won the 10th JA Africa Company of the Year (COY) Competition which was held online from March 25 – 27, 2021. This year, 44 student entrepreneurs from 11 countries including Côte d’Ivoire, Eswatini, Gabon, Ghana, Kenya, Mauritius, Nigeria, South Africa, Uganda, Zambia and Zimbabwe competed for the coveted title of Company of the Year. In the end, Nagro Tech PTY Ltd. from Eswatini emerged overall winners, taking home a $1,000 cash prize and eligibility to compete against COY winners from five other regions (JA Americas, JA Asia Pacific, JA Europe, INJAZ Al Arab and JA USA) for the inaugural de la Vega Global Entrepreneurship Award, which comes with a $15,000 cash prize and a paid entrepreneurship course.

Gracing the ceremony virtually, Acting Prime Minister of the Kingdom of Eswatini, His Excellency Themba Masuku, in his welcome address said, “JA in Eswatini and in the African continent at large, plays a huge role in financial literacy, entrepreneurship and work readiness empowerment amongst the youth. This kind of education is the one that will enforce sustained economic recovery for the country and the continent.”

Special Guest Speaker at the COY Awards ceremony, Senegalese CEO of Zoox and the first Black woman to head a billion-dollar self-driving car company, Aicha Evans, addressing the young entrepreneurs said, “The world needs many more of you. With everything going on, there are many opportunities so please make sure you have fun and believe in yourself.” She added, “I want to thank JA Worldwide. It is amazing what you are making possible for the world.”

Mr. Charles Olumuyiwa Moyela, JA Africa’s Board Chair, in his remarks said, “Africa’s youth continue to prove that talent, innovation and technology are at the heart of the modern enterprise. This is a sign that Africa’s youth are plugged into the key trends shaping the 4th and 5th industrial ages.”

JA Africa’s CEO, Simi Nwogugu, congratulated all the student entrepreneurs for making it to the regional competition and expressed her gratitude to the supporters of the competition – FedEx, Citi Foundation, Mastercard, Tomorrow Foundation, PMI Educational Foundation and LAWtrust – as well as speakers at the event, competition judges, JA Executive Directors, program staff and chaperones, who all contributed in diverse ways to the success of the competition.

The grand prize winner, Nagro Tech PTY Ltd. from Eswatini, produces a smart mobile tower garden with a hydroponic system and liquid fertilizers made from recycled left-over food. Coming in second place was GJI Technologie from Côte d’Ivoire, for their Eco-wind stand-alone fan with music and swivel functions, which can be controlled remotely with a smartphone. EG Company from Mauritius came in third place. They designed and produced fashionable, comfortable nasal masks that mitigate the risk of coronavirus exposure.

As part of the competition, FedEx Corp., the largest funder of the event, presented the Global Possibilities Award, recognizing the student-run businesses that best exhibits the principles of global connectivity—driven by Innovation, Connecting to New Markets, Fueling Community Development, and Sustainable and Social Responsibility. Taking home this award was Nagro Tech PTY Ltd from Eswatini.

The event was also supported by Citi Foundation, which works to promote economic progress and improve the lives of people in low-income communities around the world through its “More than Philanthropy” approach, which leverages the enormous expertise of Citi and its people to fulfill its mission and drive thought-leadership and innovation. Citi Foundation presented the Client Focus Award, which recognizes exceptional leadership in client satisfaction and a high level of commitment to quality customer service to Imperial from Gabon.

The award for Digital Innovation, funded by MasterCard, a global pioneer in payment innovation and technology connecting billions of consumers, issuers, merchants, governments and businesses, was presented to P-TUIM Holdings from Zimbabwe. This award recognizes the student company that best demonstrates innovation in using digital tools to enhance their business.

Also sponsoring the event was The Tomorrow Foundation, which supports African development by harnessing technology and brings the most useful techniques and technologies affordable to all Africans to improve their living standards. The Foundation supported the Future Tech Award, for the third year running, which is given to the company that best illustrates new, original, or groundbreaking ideas, from products to customer service to collaborations. The award went to Self-Made from Ghana and Music Plaques for You (MP4U) from South Africa.

PMI Educational Foundation, a new sponsor of the competition, presented the Project Management Award to Nagro Tech PTY Ltd. from Eswatini. The team won the award for showing strong understanding of project management principles and their ability to demonstrate the application of the five Project Management processes in running their company.

Bhembe Sivesetfu, CEO of Nagro Tech PTY Ltd. from Eswatini was adjudged the best CEO among his peers and received the CEO Rising Award, which recognizes exemplary business leadership. LAWtrust, Africa’s leading trust center, security integrator and security solutions supported this award.

“I’m delighted that so many of the teams got awards,” concluded Simi Nwogugu. “It shows that all the young entrepreneurs who participated in this year’s competition demonstrated commendable resilience in building their businesses amidst the losses, anxiety, global economic recession and school shutdowns. This also shows the impact JA Africa is having on Africa’s future by raising business leaders who possess the right amount of motivation and capacity to withstand global, industrial and economic disruptions.”