Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Manuel: SA's development not about money

Nov 18 2011 12:06 I-Net Bridge

Related Articles

Manuel: Too many caught in debt trap

ANC chides Cosatu for Gordhan criticism

Hold us to account, Manuel urges MPs

Manuel endorses Gordhan view on labour

EU warns of damage if Greece talks fail

Malema: Manuel has no plan

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print
Johannesburg - The national development plan (NDP) isn't just about money, Minister in the Presidency Trevor Manuel said on Friday.

Manuel was addressing a briefing in Johannesburg organised by the New Age newspaper on the NDP, released a week ago by the National Planning Commission.

Manuel is chairperson of the NPC.

"Before we see money as an obstacle, let's rather examine other alternatives," Manuel said.

Some problems - such as SA's education system - would not be solved merely by adding resources, he noted.

"Here we have to change the parameters. If the teachers aren't in class on time to teach, that's a problem - so fix it. Those teachers are paid already."

Manuel added that in the country's leafy suburbs, the education system works.

"However, for the majority the system doesn't work."

The NDP - released on November 11 in Pretoria - suggests SA needs an education system with high-quality early childhood education, with access rates over 90%, by 2030.

It also found that there should be quality school education with globally competitive literacy and numeracy standards, as well as further and higher education and training that enables people to fulfil their potential.

The NDP calls for the higher education sector to be expanded so that it would be able to contribute towards rising incomes, higher productivity and the shift to a more knowledge-intensive economy.

Finally, the NDP wants a wider system of innovation that links public institutions such as universities with areas of the economy consistent with the plan's economic priorities.

Manuel told the briefing that if education could not be transformed in the next five years, there would be more and more unemployed young people in SA.

When people became tired of waiting for services, they would toyi-toyi, he said.

"And then they'll burn down the library. Clearly SA needs to adopt a different approach."

He warned that when people feel disenchanted, they disengage.

"We must ensure that we re-enliven active participation in citizenship to ensure that democracy is dynamic."

 
 
Comment on this story
18 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...