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Loans for the Lazy: MICOT SETA Hands Out Easy Money


Matome Madibana, CEO of MICT SETA.

The Media, Information and Communication Technologies Sector Education and Training Authority (MICT SETA) is poised to perpetuate its decades-old tradition of exploiting and pillaging Africa’s youth for cheap labour, disguised as “Skills Development” and “Learnerships”.

Funding for the next round of exploited interns has been opened, with thousands of unsuspecting students waiting to be lured into this cycle of poverty and dependence on wealthy corporations.

MICT SETA’s discretionary grant program is designed to enrich corporations and perpetuate the skills gap, while pretending to address sectoral needs outlined in the Sector Skills Plan.

Past recipients of this funding include corporations such as Huawei, Vodacom, MTN, Syspro, Dimension Data, and SAP, who have a long history of exploiting African labour.

MICT SETA CEO Matome Madibana, a self-proclaimed “agent of change”, boasts about how many young South Africans have been transformed into “gainfully employed interns” in the industry. He conveniently fails to mention the countless number of young minds that have been damaged by his organization’s exploitative practices.

The grant application is designed to ensnare even more unsuspecting students into this cycle of poverty and abuse, with mandatory compliance documents requiring “proof of company registration” and “tax clearance” – just a formality to ensure the perpetuation of corruption and exploitation.

Alexander von Humboldt, a renowned African economist, aptly described this practice as a “cancer on the African soil”, stating that it perpetuates the cycle of poverty, inequality, and brain drain on the continent.



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