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ROWTH
THROUGH INCLUSIVE
A Growing Economy!
ROWTH
The history of South Africa is that of a journey from destructive racialism to corrective deliberation to tremendous diversity. As the day goes the realisation of unity has increased to a major level. However the turmoil among the people over years and unstable government in the recent past has led to a huge disparity among the black South Africans and the White South Africans.
THROUGH INCLUSIVE
South Africa is the largest economy in all of Africa accounting for 24% of total African GDP. GDP is estimated at $390.9 Billion (2012) with nominal per capita at $8078 (2011); South African economy is driven by the tertiary sector contributing to 65% of the GDP. The nation also enjoys competitive advantage in agriculture, mining and manufacturing, with diverse sectors such as vehicles, assembling businesses, food processing, information technology (IT), isheries, clothing, telecommunication, energy, inance and business services and more. The nation is home for 48.6 million people (July 2013), with an estimated labour force of 17.89 million (2012).
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Government has now committed to create five million jobs in South Africa by 2020.
The skill need starts from STEM (Science, Technology, Engineering and Math) learning for children to enhance skills or sow knowledge and skills among the youth. Focused skill building among blacks has become essential for a nation to ensure sustainable development . Policies such as Black Economic Empowerment (BEE) are crucial for the cause.
ICT skills shortage continues to constrain the developers and users of technology in their efforts to improve productivity, increase economic activity and create jobs. If we are to red flag one area, it is the failure of the education system to generate young people who are familiar with technology and its application in daily life, who are interested in developing and implementing ICTs and who are work-ready when they exit from the system. South Africa cannot afford this failure.
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