South Africa’s got no talent – why critical skills aren’t sticking around – My Comments
(005875.811-:E-000062.43:N-AC:R-SU:C-30:V)
[Yes, this article title pretty much sums it all up. Jan]South Africa is rapidly becoming a less attractive destination for skills and talent, as high levels of unemployment, concerns over safety, and a mismatched education and training system pull the country down the global rankings.
This is according to the 2023 Global Talent Competitiveness Index from INSEAD Business School, which evaluates the talent performance of countries based on their ability to attract, develop and retain skilled individuals.
South Africa’s track record in this area has been deteriorating in recent years, with many industries reporting a severe lack of skilled individuals – often due to emigration or new ways of working (remote) work.
Anecdotal evidence points to many South African skills leaving to greener pastures overseas, leading to an often brutal fight for skills in the limited pool that remains.
The country’s skills crisis is further exacerbated by difficulties in importing needed skills. While the Department of Home Affairs has attempted to address this by more regularly updating South Africa’s critical skills list, visa issues abound.
While these local issues are not specifically highlighted by the GTCI, the index does reflect South Africa’s deterioration in attractiveness to global talent.
Out of the 134 countries ranked in the index, South Africa has fallen to 68th position, down from 60th in 2022. The country ranked 55th when the GTCI was launched in 2013.
Switzerland emerged as the leading nation in cultivating talent, closely followed by Singapore and the United States. Denmark, the Netherlands, Finland, Norway, Australia, Sweden and the United Kingdom complete the rest of the top ten.
South Africa
According to INSEAD, South Africa’s rank of 68th is just outside the upper half of the 2023 rankings, which has frequently been the case in the past decade.
“The country makes it into the top quartile (29th) in the Business and Labour Landscape sub-pillar, which
is due, in no small part, to the comparatively high level of technology adoption among its business sector.
“This boosts South Africa’s ability to Enable talent, for which it is ranked 57th. Its highest-position (53rd), however, is in the Attract pillar, where a fairly liberal foreign direct investment (FDI) regime and progress
in gender equality contribute to a robust performances in both External and Internal Openness (60th and 55th, respectively).”
The one area that drags down South Africa’s overall ranking, however, is its weak pool of Vocational and Technical Skills (ranked 93rd). The country also tanks in the employability index, where it ranks 131st of 134.
To improve these factors, the country would need to ensure that the education system better matches the needs of the economy, INSEAD said.
According to the group, South Africa’s index score of 43.01 is only slightly lower than the 43.53 average for the similar income group countries.
The tables below outline the top 10 and bottom 10 indicators for South Africa.
Best indicators
Indicator Pillar Rank/134
New business density Global Knowledge Skills 9
Cloud Computing Enable 10
Population with secondary education Vocational and Technical Skills 14
Firms with website Enable 20
Senior Officials and Management Global Knowledge Skills 21
Enterprise Software Enable 29
Business and Labour Landscape Enable 29
Business Masters Development Grow 30
Domestic credit to the private sector Enable 31
Employee Development Grow 32
Broadly, South Africa has the necessary access to technology and expertise to make the country an attractive destination for talent and skills.
The country also offers great opportunities for new businesses and an enabling business landscape. Financing is easily accessible and the population is fairly well educated relative to other countries.
However, the positive indicators are drawn back severely by poor relations between employees – largely union-based – and employers, and the high levels of unemployment, particularly for highly educated individuals.
Add to the mix political instability, poor sanitation, high levels of crime, and onerous labour laws, and South Africa’s shine dulls substantially.
Worst indicators
Indicator Pillar Rank/134
Employability Vocational and Technical Skills 131
Labour-Employer cooperation Enable 124
Highly skilled unemployment Vocational and Technical Skills 121
Personal Safety Retain 115
Ease of finding skilled employees Vocational and Technical Skills 115
Youth Inclusion Grow 113
Political Stability Enable 105
Social Mobility Attract 100
Education relevance to the economy Vocational and Technical Skills 100
Sanitation Retain 97
Video: Corona Virus: South African Lock Down: Jews give Black Government R2 billion
When President Ramaphosa announced the 3 week lockdown the other day, he then mentioned that the rich whites, who own the South African economy, namely, the Jewish Oppenheimers and the Rupert Family...
Video: When Belgium, White Africans & Blacks fought the Evil Communist Loving UN
This is the strange story of how the Belgians were forced out of their own colony by the globalist United Nations and how America sided with communists. Facing them were Blacks who were supported by the Belgians, South Africans and Rhodesians.
Get a Free PDF Book: Did Six Million Jews really die in WW2?
This is a classic pamphlet that was written decades ago. This was one of the first serious attempts to question the Jewish holocaust claims of WW2. The German Ernst Zundel went to jail for printing this small book in Canada! Zundel did not write this. This was written by someone in Europe. The original questioning of the Jewish holocaust began in Europe. It was a French professor who had been in a Concentration Camp during WW2 who realised that Jews were making claims that were not true. That is how people slowly began to question the Jewish holocaust story.
