1. Executive Summary

The year 2024 was a significant period of growth, resilience, and innovation for Neftaly. In partnership with government, private sector, and community stakeholders, Neftaly continued to deliver impactful programs in education, skills development, and community empowerment. This report highlights key achievements, financial performance, strategic initiatives, and the outlook for 2025.

2. Organizational Overview

Neftaly is a social innovation and development organization committed to empowering individuals and communities through training, capacity building, advisory, and referral services. With a presence across Gauteng and expanding influence nationally, Neftaly remains dedicated to bridging gaps in education, employment, and socio-economic development.

3. 2024 Highlights

• Skills Development: Trained over 3,500 beneficiaries in ICT, life skills, and entrepreneurship programs.
• Youth Empowerment: Partnered with the Gauteng Department of Social Development to reach 1,200 young people through job readiness and career guidance initiatives.
• Community Engagement: Expanded outreach programs in Diepsloot, Soweto, and Johannesburg CBD, benefiting over 5,000 residents.
• Digital Transformation: Launched Neftaly Online Learning Hub, providing accessible training modules to rural and urban communities.
• Strategic Partnerships: Strengthened collaborations with Accenture, universities, and local government departments.

4. Program Performance

ICT Skills Training

Delivered structured ICT Basic Skills and Systems Development training to over 1,000 participants, equipping them with digital literacy for employability.

Advice and Referral Services

Supported 2,200 individuals with referrals to essential services including education, healthcare, and social services.

Women’s Empowerment Initiatives

Hosted Neftaly Women’s Month Celebration, attended by 500 women and stakeholders, promoting gender equality and leadership.

5. Governance and Leadership

Neftaly maintained strong governance structures with oversight from its Board of Directors and executive leadership team. Transparency and accountability remained core to operations, with regular reporting and stakeholder engagement.

6. Financial Performance

Despite economic challenges, Neftaly achieved sustainable growth through efficient resource allocation and diversification of funding sources.

• Revenue: R45 million (up 12% from 2023)
• Expenditure: R42 million
• Net Surplus: R3 million reinvested into program development

7. Challenges and Lessons Learned

• Navigating economic constraints and high unemployment rates in target communities
• Addressing infrastructure and digital divide challenges in rural areas
• Importance of fostering long-term partnerships for sustainability

8. Outlook for 2025

Neftaly is poised for continued growth, with strategic goals including:

• Scaling the Online Learning Hub to reach 10,000 users
• Expanding skills development to green economy sectors
• Strengthening monitoring and evaluation frameworks
• Deepening impact through new international partnerships

9. Acknowledgements

Neftaly extends gratitude to its partners, donors, staff, volunteers, and community members who made 2024 a successful year. The collective effort continues to drive positive change across South Africa.

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