By Akani Nkuna
President Cyril Ramaphosa has called for a sweeping overhaul of South Africa’s Sector Education and Training Authority (SETA) system, describing it as ineffective and unfit for purpose.
Ramaphosa said the current framework should be replaced with a dual model that integrates academic learning with skills development and workplace-based training.
He added that South Africa’s advanced financial sector could position the country as a global hub for financial services.
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“The SETA system has not served us well at all, it must now be changed. We must build from our strength as a country to create jobs for the economy of the future. We have one of the most sophisticated financial systems in the world, we can position SA as a destination for financial services,” he said.
Ramaphosa was speaking at the News24 Record
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