Jul 25, 2012
SA needs continued investment in skills developmentBack
Engineering|Pretoria|Africa|BHP Billiton|Education|Environment|Mining|rail|Sustainable|Training|Transnet|Africa|South Africa|South Korea|Xolani Mkhwanazi
© Reuse this
Speaking at the yearly BHP Billiton Skills Development Summit in Pretoria, he noted that companies had to earn their right to grow, recognising that business had a role to play in uplifting South Africans.
He emphasised that it was not enough to only focus on beefing up maths and science competence and that business had to also look at assisting those not fortunate enough to have all the formal processes of skills development.
“At BHP Billiton, we want shift our focus to a philanthropic approach, and to look at ways to create self-sustainable business to feed our communities.”
Mkhwanazi stressed that enterprise development could not only be left to big businesses, like BHP Billiton, pointing out that smaller companies employing fewer than 50 people, provided most of the employment in South Africa.
Mkhwanazi said that South Africa had the capacity to create enough decent jobs. “But we cannot expect those without the necessary experience to immediately become successful business owners.
“We need to work together with government to ensure that the goals of the New Growth Path are achieved. The small business sector is the most important sector in terms of jobs in South Africa, and it is concerning that in the last 12 years, 440 000 small business enterprises closed down, while new business start ups are at an all-time low,” he said.
Mkhwanazi said that businesses needed a sound investment environment to create jobs.
Also speaking at the skills development summit, Transnet Rail Engineering head of training Dumisani Kala said that South Africa could learn from other countries’ growth paths, including developing and developed nations.
“South Korea has managed to sustain economic growth in the past 14 years by synchronising economic growth with education. By implementing a number of strategies such as having a forecast on tertiary education, and emphasising tertiary education in both the technical and professional education fields, the country has strengthened its economic position” he said.
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Creamer Media Senior Researcher and Deputy Editor Online
Updated 36 minutes ago A power-generating ship was officially welcomed at Ghana's main port on Sunday after arriving the previous day in what Power Minister Kwabena Donkor said was a bid to keep the country on track to end chronic blackouts. Power has become a political issue, and anger...
Updated 50 minutes ago South Africa's Illovo Sugar said on Monday a scorching drought in crucial sugar-producing regions and low prices cut its half-year profit by nearly 60 percent. Headline earnings per share - the main gauge of profit in South Africa that strips out certain one-off...
Updated 1 hour ago Eskom has installed a R144 million transformer in Arconhoek in a bid to ensure reliable power supply to the communities in rural Bushbuckridge local municipality, Mpumalanga. Eskom spokesperson, Khulu Phasiwe said the commissioning of a new transformer at the...
Recent Research Reports
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
This Week's Magazine
The BMW Group will invest R6-billion at BMW Group South Africa’s (BMW SA’s) Rosslyn plant to produce the next-generation X3 sports-activity vehicle (SAV) for the local and export markets. Rosslyn will continue production of the current 3 Series through its lifecycle,...
The lack of consequences for poor performance and transgressions on the part of contractors remains a significant hurdle to tackling South Africa’s service delivery challenges, delegates heard at the Consulting Engineers South Africa Infrastructure Indaba, on...
City of Ekurhuleni executive mayor Mondli Gungubele earlier this month officially named the city’s bus rapid transit (BRT) system, Harambee.
About 58% of unstructured data stored by companies is dark data, which means that the value or regulatory importance of the data has not been determined. Subsequently, most of the stored data add costs, rather than increasing revenue or reduce regulatory risks, says...
Effective logistics, import/export and manufacturing consulting services require detailed industry knowledge and experience, but can add significant value to these industries by providing expert advice on various technical elements in their value chains, says...