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The Ministry of Basic Education and South Africa’s top business leaders engaged with President Zuma to receive feedback on the National Education Collaboration Trust’s progress in its efforts to urgently and significantly assist government in its efforts to reform education in South Africa. The discussion also covered the significant level of funding already raised to this end by the private sector which has been matched by government – and a reminder that their target is R500 million per annum.
At a lunch briefing at the Presidential Guesthouse in Pretoria on Friday morning, 22 August, President Jacob Zuma, the Minister of Basic Education and several other cabinet members met with some of Business Leadership South Africa’s (BLSA’s) key players, for feedback and dialogue on the progress of the National Education Collaboration Trust (NECT). The President thanked big business for committing to the Education Collaboration Framework (ECF) and its implementation via the NECT. He also applauded the private-sector funding already pledged to the project – BLSA has agreed to commit 0.004% of their member companies’ market capitalisation annually, over three years, to the first phase of the NECT, rising to 0.008% as the programme rolls out nationally. Government is matching this funding rand for rand. Unions and NGOs are enthusiastically supportive. It’s effectively an educational Codesa.
Zuma stressed that multi-stakeholder engagement was crucial to the NECT’s chances of success – while government is primarily responsible for managing the educational process, he conceded that the NECT, an independent trust managed jointly by a diverse, representative group of trustees was in a good position to give the Department of Basic Education the help it needs to fast track the rehabilitation process.
via EMIS Downloads.