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EDUCATION AND THE ECONOMY

Education is a fundamental building block of economic growth. Unfortunately, the current education system is based on traditional methods developed for the industrial era. As we make the move towards a digital economy, the entire education value chain must be aligned to this transition. What we need now is a trained workforce that is able to compete in the globalised environment. Hence, e-Education or digital education is a vital step towards ensuring economic health, especially in South Africa, where 30.1% of the population is under the age of 15 (Statistics SA, 2016). A digital education system is the solution to the education crisis in South Africa, but in tackling this head-on, we will also address challenges in other aspects of the economy, including health, energy, and transport.

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Frost & SullivanFor over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

About Frost & Sullivan

Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

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