• Mini budget: Lost trust

    The elephant in the room is a bigger danger to SA than weak finances, says Jaco Leuvennink.

  • Time to tackle floods

    Government isn't doing enough so it's up to us to take responsibility, says Mandi Smallhorne.

  • Conquering prejudice

    Every workplace would benefit from a self-critical process relating to prejudices, says Ian Mann.

Loading...

SA needs skills, says economist

Jun 09 2013 19:30
Sapa

Johannesburg - South Africa needs to build its skills to be effective within the Brics group, an economist says.

Economist Azar Jammine said on Sunday: "South Africa's dream of industrialisation is not going to be realised unless it pays attention to and build its human capital."

He was speaking at a post-Brics (Brazil, Russia, India, China, South Africa) seminar held in Johannesburg, which took place in Durban in March.

Sunday's talks were held to establish what South Africa achieved at the Brics summit and to discuss economic development plans.

Jammine said human resources in South Africa and the rest of the continent were lagging behind.

"South Africa at the moment cannot produce enough skills to make inroads into other Brics countries and grab opportunities there.

"There is no capacity."

The lack of skills in South Africa led to other Brics members exploiting it, Jammine said.

Earlier, Trade and Industry Minister Rob Davies said the country's priority after joining Brics was to promote the integration of the continent and infrastructure development.

Africa needed to move towards industrialisation, said Davies.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

brics  |  rob davies  |  johannesburg  |  economy

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
99 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about...

Calling all social entrepreneurs - apply for The Venture now!

Are you running an innovative social business that's helping to create a better future? Then pitch for a share of The Venture’s $1m fund and receive world-class mentorship to help accelerate your business growth.
 

Money Clinic

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

Voting Booth

Pick n Pay launches new website for easier online shopping

Previous results · Suggest a vote

Loading...