Latest
 
  • All Share : 50884.8
    UP 1.59%
    Top40 - (Tradeable) : 44921.73
    UP 1.76%
    Financial 15 : 14300.14
    UP 2.68%
    Industrial 25 : 69536.71
    UP 1.60%
    Resource 10 : 29338.39
    UP 0.97%

  • ZAR/USD : 15.2523
    DOWN -1.24%
    ZAR/GBP : 20.2518
    DOWN -0.48%
    ZAR/EUR : 16.8634
    DOWN -0.95%
    ZAR/JPY : 0.1488
    DOWN -1.46%
    ZAR/AUD : 11.2994
    UNCHANGED0.00%

  • Gold US$/oz : 1311.6
    DOWN -0.94%
    Platinum US$/oz : 978
    UP 0.20%
    Silver US$/oz : 17.63
    DOWN -0.56%
    Palladium US$/oz : 561
    UP 1.26%
    Brent Crude : 48.15
    UP 1.28%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Tue Jun 28 11:35:34 SAST 2016

‘No country can achieve economic growth without skills development’: Ramaphosa

Penwell Dlamini | 29 March, 2016 12:42
Ramaphosa is the chair of the HRDC‚ formed in 2010‚ which is meeting for the second time to find solutions on addressing skills development in the country. File photo
Image by: SIPHIWE SIBEKO / Reuters

South Africa needs a skills revolution which will fundamentally change the society and stimulate much-needed economic growth.

These were the opening remarks made by Deputy President Cyril Ramaphosa when he opened the Human Resources Development Council (HRDC) summit in Midrand on Tuesday.

“We need a skills revolution in our country that will fundamentally change our society in many ways…No country can achieve economic growth without paying attention to the skills development of its people‚” Ramaphosa said.

He told delegates from the education and industry sectors that the current global economic conditions required South Africa to reposition its economy and reduce its reliance on commodity exports.

This‚ he added‚ could be achieved by investing more money and resources on skills in particular artisans skills.

“With a skilled citizenry‚ we can build more‚ process more and do much more. We can develop and manufacture more products; become more efficient‚ more resourceful; inventive and achieve great things. Skills grow the economy and they create jobs. They tend to raise the standard of living and reduce inequality. Educations and skills development are the most effective means we have at our disposal to end poverty and reduce inequality.”

Ramaphosa is the chair of the HRDC‚ formed in 2010‚ which is meeting for the second time to find solutions on addressing skills development in the country.

The council has advocated successfully for the adoption of colleges by private companies in order to build a bridge for absorption of graduates in different industries. – TMG Digital/TMG Local Government

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.