A closer working relationship must be established between education authorities and employers.
In spite of official recognition concerning education's vital role in improving global competitiveness, it remains a concern that the brightest sector in terms of growth and job creation — the small and medium business sector — is the least well served by our education system.
The health of the small and medium enterprise (SME) sector is increasingly crucial to our collective success as a nation. According to the Finscope 2010 survey, between 1985 and 2005 small, micro and medium firms created 90% of all new jobs in South Africa.
Professor Neil Rankin of the University of the Witwatersrand's school of economics and business science goes further, estimating that 73% of employed people in South Africa work for firms with fewer than 50 employees.Continue reading…