The #FeesMustFall movement is a dress rehearsal for the revolution South Africa will face unless we fix our socio-economic conundrum of inequality, poverty and unemployment. This will require leadership! It will require “bridge builders” who are not beholden to vested interests and can lead for the common good. It will require technical skill to empower […]
social development
Posted inBusiness, General
Tackle inequality vigorously to reduce racism and other social pathologies
A unique characteristic of South Africa as a society is the racialised structural inequality and unemployment inherited from the apartheid period. It was an intended and planned outcome of a warped strategy and a set of policy positions designed and rigorously implemented to achieve it. In a very weird way the outcome was hugely successful […]
Posted inBusiness, News/Politics, Tech
The importance of technology in economic and social development
Technological innovation and Information Communication Technologies (ICTs) represent a way for developing world nations to foster economic development, improve levels of education and training as well as address gender issues within society. Entrepreneurship is crucial for economic development around the world. In countries such as Nigeria, Egypt and Indonesia, micro-entrepreneurs generate 38% of the gross […]
Posted inBusiness, News/Politics
The role of development banks in times of crisis
Within a historical context, development banks (DBs) have been a critical instrument for governments and administrations to promote and facilitate economic growth. This has traditionally been achieved through providing credit as well as a plethora of advisory and capacity building programs to households, small and medium enterprises and large private corporations, whose financial needs are […]