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Developing human capital key to SA’s growth, employment strategy

‘About 42% of SA’s human capital is unused because of unemployment.’

Amid the optimism of the outcomes of the jobs and investment summits, the HR Think Tank, established by Knowledge Resources and the Institute for Futures Research based at the University of Stellenbosch in 2017, outlines what should be done to deliver on this optimism, create jobs and uplift the economy.

Karen Ferguson, research manager at Knowledge Resources, says that our education system does not prepare our young people for the world of work. She talks to Classic Business Breakfast with Moneyweb about human capital issues affecting employability in SA. 

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Too little too late. As a country our education largely lacks the quality of competing countries. If fact our Maths marks are at or close to the bottom of the barrel. In a tech savvy world this is a disaster! We cannot simply rely on unskilled millions-we need ideas people who can execute ideas…and this government is really unfriendly towards people like that.

BEE, labour laws , high taxes, little incentives from government, lousy public service make us uncompetitive. To try fix the education system now will require a huge leap towards following the leading nations-not rubbish from a 1960s soviet style minister. A whole generation has been robbed of a decent lifestyle by hopeless ANC policies-IMF-here we come with the familiar begging bowl

How is it going to happen when the ANC and SADTU have all but ruined the education system. The ANC would rather there are no skilled White teachers while SADTU prefer to demonstrate than teach. South Africa is searching for answers on many issues but all the problems started with the ANC and their obsession with racism.

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