Matric is not enough to help our youth compete
Students will, in the next decade, have to learn how to compete in jobs that do not yet exist - most of them in artificial intelligence.
We need scientific skills to take advantage of global megatrends in order to become producers instead of consumers, says Michael Jordaan, former FNB CEO and financier.
I'm very happy for the students who passed - but unfortunately it seems that very few of them passed with the right kind of subjects that are needed for the future.Michael Jordaan, former FNB CEO, financier and entrepreneur
A mere 7.7% of the original million kids ended up passing mathematics in matric, when the hurdle is a 40% pass mark. At 40% we passed 77-thousand pupils, thats 7,7% of the initial intake. That is shocking. We struggle to get 77-thousand kids who pass maths at 40%. Some of our global competitors, like China, are graduating 4,3 million engineers every year. These are the people who create the new technologies that are taking over the world: artificial intelligence, machine learning, medicine, building electric cars, harnessing solar... I bemoan the fact that our education system is so incredibly bad - one in 13 kids when it comes to these hard skills. Other skills like complex problem solving and entrepreneurial thinking, are also lacking.Michael Jordaan, financier
Parents have to get heavily involved - to incentivise children when they're doing something well. We as parents and the community have to focus on the soft skills as well as the hard skills Parents and educators should also create curiosity.Michael Jordaan, financier
Listen to the full interview with Michael Jordaan below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning.
This article first appeared on 702 : Matric is not enough to help our youth compete
Refilwe Moloto interviews Western Cape Premier Alan Winde about his Address (Sopa), delivered in Mitchells Plain on Thursday.Read More
Income or equity – what is the difference?Read More
The US market has a big impact on all markets and when they get flu, South Africa sneezes.Read More
Anglo American delivered a 2019 profit attributable to equity shareholders of 3.5-billion USDRead More
Discovery is soothing investors' nerves after a warning earlier this week that it would report a double digits loss.Read More
Hundreds of people are marching through the city centre demanding that the government fix the country’s public transport system.Read More
"Lots of mining execs will be envious. The company is in such a strong financial position," says Ed Stoddard (Thomson Reuters).Read More
Cape-Town based company Mielie Mailer offers shipping and courier industries plastic-free, carbon-negative delivery.Read More
A report by AmaBhungane has uncovered how Iqbal Survé has been redirecting PIC funding to keep Independent Media afloat.Read More
You may not have heard of Larry Tesler, an icon of early computing, but you use his inventions every day of your life.Read More