Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Paarl Mall Gets R270M Mega Upgrad

2026-02-02

What’s Stopping Sunny South Africa’s Solar Industry?

2026-02-02

Ethereum Traders Increase Leverage On-Chain As HFDX Liquidity Hits New Highs

2026-01-31
Facebook X (Twitter) Instagram
Trending
  • Paarl Mall Gets R270M Mega Upgrad
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Opinion»Degrees Alone Won’t Save South Africa’s Economy — Skills Will
Opinion

Degrees Alone Won’t Save South Africa’s Economy — Skills Will

Yershen PillayBy Yershen Pillay2025-05-07No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Yershen Pillay, CEO of CHIETA
Yershen Pillay, CEO of CHIETA
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link
South Africa is losing the global skills race — and unless we act urgently, the economic damage will be irreversible.
Youth unemployment dominates our headlines, but the real crisis is deeper: a mismatch between the skills our economy needs and the qualifications we continue to produce.
In a world racing toward digitalisation, green energy transitions, and AI-driven industries, we risk being left behind — not from a lack of ambition, but a lack of readiness.
The hard truth is this: degrees alone won’t save South Africa’s economy.
Skills will.
Building an inclusive, competitive economy demands a shift from rhetoric to action. We must invest urgently in skills development — including learnerships, artisanship, technical trades, and innovation capabilities — that anchor vital industries from energy and chemicals to manufacturing and digital systems.
Skills development must move from being a policy aspiration to becoming our national priority.
The chemical sector — a R400 billion contributor to GDP — demonstrates this need vividly.
Its future, like many others, relies not just on graduates but on a new generation of artisans, technologists, and sustainability-driven innovators.
At CHIETA, we have proven that skills development works.
Our model — grounded in 100% performance against targets, three consecutive years of clean audits, and national recognition for innovation — shows what can be achieved when skills development is treated with urgency and discipline.
But numbers alone are not the point.
What sets CHIETA apart is bringing opportunity directly to communities.
Through Smart Skills Centres and decentralised trade test sites, we are reducing costs, barriers, and systemic exclusion for young people in townships and rural areas.
Skills access must not depend on geography or wealth.
At the same time, we are preparing South Africa’s youth for the industries of tomorrow.
Our focus areas — AI-readiness, green hydrogen technologies, sustainable manufacturing, and ESG-driven innovation — align directly with where global economic power is shifting.
At the heart of this model are five strategic pillars:
Innovation, Digitisation, Collaboration, Transformation, and Artificial Intelligence.
We believe that artisans are the architects of a modern, inclusive economy.
It is artisans, not just coders or consultants, who will build the infrastructure for green energy, manufacture next-generation materials, and drive sustainable development.
The challenge is not whether skills development is possible.
It is whether we can scale it fast enough to meet the moment.
South Africa faces a choice:
  • Build a future-facing, artisan-powered economy; or
  • Continue to fall behind, watching opportunities drift elsewhere.
This is why CHIETA calls for urgent public-private collaboration, greater investment in skills ecosystems, and a cultural shift that restores the dignity and value of artisanship and technical innovation.
We must move beyond outdated hierarchies that favour academic credentials over real-world, work-integrated skills. We must reimagine education to serve a changing economy — embracing both degrees and practical experience as complementary, not competing, contributors to economic growth.
If we fail to act, we risk entrenching unemployment and losing our place in the future economy.
If we act boldly — embracing artisanship, innovation, and future skills — South Africa can lead not just in rhetoric, but in real global competitiveness.
The future belongs to those who build it.
The time to build is now.
  • Yershen Pillay, CEO of CHIETA

Artisanship CHIETA Future-ready economy Public-private collaboration Skills development Yershen Pillay Youth Unemployment
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Yershen Pillay

Related Posts

South Africa Could Unlock SME Growth By Exploiting AI’s Potential Through Corporate ESD Funds

2026-01-28

How Local Leaders Can Shift Their Trajectory In 2026

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23

Directing The Dual Workforce In The Age of AI Agents

2026-01-22

The Productivity Myth That’s Costing South Africa Talent

2026-01-21

The Boardroom Challenge: Governing AI, Data And Digital

2026-01-20

Ransomware: What It Is And Why It’s Your Problem

2026-01-19

AI Can Make The Dead Talk – Why This Doesn’t Comfort Us

2026-01-19

Can Taxpayers Lose By Challenging SARS?

2026-01-16
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Paarl Mall Gets R270M Mega Upgrad

Growthpoint Properties has commenced a major R270 million redevelopment of Paarl Mall in the Western…

Meet The €2.95M Capricorn 01 Zagato Hypercar Rebel

2026-01-30

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

What’s Stopping Sunny South Africa’s Solar Industry?

2026-02-02

How a Major Hotel Group Is Electrifying South Africa’s Travel

2026-01-29

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Paarl Mall Gets R270M Mega Upgrad

2026-02-02

What’s Stopping Sunny South Africa’s Solar Industry?

2026-02-02

Ethereum Traders Increase Leverage On-Chain As HFDX Liquidity Hits New Highs

2026-01-31
Recent Posts
  • Paarl Mall Gets R270M Mega Upgrad
  • What’s Stopping Sunny South Africa’s Solar Industry?
  • Ethereum Traders Increase Leverage On-Chain As HFDX Liquidity Hits New Highs
  • New To On-Chain Perps? HFDX Is Rapidly Emerging As The Beginner-Friendly Option
  • Standard Chartered GBA Business Confidence Indices reveal steady business sentiment
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.