The Department of Labour is planning to introduce an electronic system whereby vacancies registered with them by employers are disseminated to all labour offices more rapidly, and this would be a useful step. The UYF was created in January 2001, and reports to the Ministry of Labour while maintaining its own independent status. The UYF functions as a development finance agency and is tasked with promoting entrepreneurship, job creation, skills development and skills transfer among South Africans between the ages of 18 and 35.