What is South Africa’s Biggest Long Term Problem?

South Africans often blame companies and the government but lack the initiative to develop themselves, adding that South Africa needs more people, like entrepreneurs, who are prepared to tackle the economy’s challenges.

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Capitec CEO Gerrie Fourie said at a recent presentation that while the energy crisis and Transnet are clearly enormous problems, the biggest long term problem South Africa faces is education.

“If we want to be a successful country, we need to invest in our education. We can’t have a 30% Matric pass rate, we need to make certain that we get people with Maths, Science, etc.”

Capitec CEO Gerrie Fourie

To read the full article, visit BusinessTech, “South Africa’s biggest long-term problem: Capitec CEO“.

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