EDUCATION AND TRANING AS NECESSARY TOOLS FOR ECONOMIC EMPOWERMENT IN AFRICA Professor Nicholas Biekpe - PowerPoint PPT Presentation

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EDUCATION AND TRANING AS NECESSARY TOOLS FOR ECONOMIC EMPOWERMENT IN AFRICA Professor Nicholas Biekpe Director: Africa Centre for Investment Analysis, University of Stellenbosch Business School. KNOWLEDGE IS POWER- Still true?. ..Ignorance is very expensive; …Little knowledge is dangerous;

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EDUCATION AND TRANING AS NECESSARY TOOLS FOR ECONOMIC EMPOWERMENT IN AFRICA Professor Nicholas Biekpe

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EDUCATION AND TRANING AS NECESSARY TOOLS FOR ECONOMIC EMPOWERMENT IN AFRICA

Professor Nicholas Biekpe

Director: Africa Centre for Investment Analysis, University of Stellenbosch Business School


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KNOWLEDGE IS POWER- Still true?

  • ..Ignorance is very expensive;

  • …Little knowledge is dangerous;

  • …Businesses can’t survive without the appropriate skills;

  • Efficient governments rely on “good knowledge” and information….

  • All of the above rely on good education and training!


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History of Education in Africa: Pre-independent Africa

  • African Empires and Education

    • Ghana Empire

    • Mali Empire

    • Songhai Empire

    • The Great Zimbabwe

  • Post Empire Education- European education;

    E.g. British, French, Belgian & German

  • Post Independent Education- Case of Ghana and Zimbabwe


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Link between Education and Economic Development: Post Independent Africa

  • Cases:

  • Ghana during Dr. Kwame Nkrumah

  • Mauritius- Education as top priority;

  • Zimbabwe- from 1981-1990

  • Current investment on education by Botswana


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Links between Education and Economic Development: Other Countries

  • South Korea;

  • Malaysia- Empowerment of the Malays;

  • Hong Kong- British Approach to empowering Hong Kong Chinese

  • Singapore- Compulsory education system


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Education and national capacity to deliver

Smart economy as a function of education & training


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Economic burden of illiteracy

  • Increase welfare cost;

  • Link between illiteracy and crime;

  • Link between education and industrial capacity and growth;

  • Link between education and health;

  • Link between education and tax burden;


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Globalisation and need for global education and training

  • Global competition requires regular “educational and training upgrades”;

  • Increasingly standardised global standard education- e.g.

    • Business ethics;

    • Corporate governance;

    • Science and technology

    • Economic and political systems

  • Link between FDI flow and skill-base


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Dual Economies: A result of lack of education?;

  • The economies of Sandton versus Alexandra Township;

  • Tax implication of dual economies;

  • Crime implication of dual economies;

  • Output implication of dual economies;

  • Overall cost implication of dual economies

    • Overall tax burden on the rich;

    • Other welfare cost

    • Dilution of wealth in the Sandton-Alexandra area


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A case of South Africa

  • Cost of not empowering the historically disadvantaged;

    • Increase in crime;

    • Dilution of wealth of the wealthy;

    • Health issues- HIV/AID and poverty related diseases;

    • Gradual decline in economic output growth;

    • Further reduction in FDI flow;

    • Under-utilisation of both natural and human resources

  • Need to provide proper education and training women and the youth ;


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A case of the African Union and NEPAD

  • Capacity to implement the NEPAD initiatives depends on proper education and training;

  • Meeting the goals of the millennium Development Goals will depend on the level of education and training of Africans;

  • To tackle youth unemployment in Africa will require the provision of relevant education and training;

  • To address gender inequality will require innovative education and training models that “actually helps empower” women.

  • Africa need projects similar to the South African SETAs


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Some recommendations

  • Free education for all children in Africa;

  • Relevant adult education programs aimed at empowering Africans;

  • Standardising of the education system in Africa;

  • Significant percentage (at least 40%) of national budgets should go into education;

  • Establishment of an African fund for education. Money from the fund can be used to train Africans in areas ;

  • Africa-wide SETA for the Continent


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Empowerment for the less empowered should be a process of continuous education through knowledge transfer and should have the ability to help ensure self-reliance


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