economic transformation in south africa
economy transformation
economy & innovation South Africa

ECONOMY AND INNOVATION

SDG8: Decent Work and Economic Growth
SDG9: Industry, Innovation and Infrastructure
SDG12: Responsible Consumption and Production

ECONOMY AND INNOVATION TRANSFORMATION INDEX

The index tracks Economic and Technological developments to determine the extent to which South Africa compares to its trading partners.  It looks at how government and the private sector are embracing emerging technologies and new ways of doing business to deliver goods and services to their customers.  It further considers what government, society and the private sector are doing to contribute to the transformation of the economy for the benefit of ordinary citizens.

Our assessment scores these constituencies on selected key economic indicators. These indicators surface high-level economic and technological transformation in the country, and how this impacts ordinary citizens.  Our report presents key findings that show what government, society and the private sector can do to contribute to sustainable economic and technological transformation.  It also features good practice examples of what constitutes effective and sustainable economic and technological transformation.

Our Economy and Innovation Transformation Index tracks progress towards the attainment of the following Sustainable Development Goals:

  • SDG8: Decent Work and Economic Growth
  • SDG9: Industry, Innovation and Infrastructure
  • SDG12: Responsible Consumption and Production

The index aligns to the following goals of the National Development Plan:

  • Promote effective governance, robust leadership and a participative citizenry (8.1, 16.6, 16.7)
  • Build an effective policy environment (8.1, 16.6, 16.7)
  • Encourage innovation and entrepreneurship (8.1, 9.2, 9.b)
  • Increase local and international investment (8.1, 8.10, 17.11)
  • Implement high-quality economic regulation of network industries (9.1, 7.3, 1.4)
  • Decouple economic growth from resource use and reduction in waste generation (12.5, 12.6, 12.7, 12.4)

 

The numbers in parentheses refer to the specific indicators of the Sustainable Development Goals that align with the National Development Plan.

Seven Dimensions Transformation Index

Social

Improve social protection and improve access to social services.

Social

Economy

This index racks progress towards the attainment of decent Work and economic growth.

Economy

Healthcare

Promote innovative health financing and improve frontline healthcare...

Healthcare

Innovation

Decouple economic growth from resource use and reduction in waste generation.

Innovation

Education

Promote higher quality & industry-relevant education and training.

Education

Environment

Clean water, sanitation, affordable energy, climate action & life under water and on land sustainability.

Environment

3.68

students

overall student-athelete GPA for Spring 2020

92%

class of 2020

bachelor's recipients were employed or both within six months of

95%

class of 2020

gradueates hold a position related to their degree or career objective

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