Severe Skills shortage in SA

Former Reserve Bank governor Tito Mboweni on Friday said South Africa’s biggest challenge is a skills shortage.

Mboweni was addressing the Black Management Forum’s Young Professionals Development Summit in Cape Town.

He said the country produces just over 200 engineers a year and only four percent of matriculants have higher grade mathematics.

He said 72 percent of the unemployed are under the age of 35.

Mboweni said the country needs the skills set for the manufacturing and services sectors.

He believes jobs are available in the areas of accounting and actuarial science and that mechanical and civil engineers are needed.

Mboweni added that graduate unemployment is also a big problem, largely because students are studying the wrong subjects.

[Date:] 2011-01-19

This entry was posted in Skills shortage. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s