Higher education is a significant component of any country’s vision of nurturing economic growth. Research reveals that people who achieve a higher education have higher possibilities of experiencing job security and the capability of providing for their families. When analysing how South Africa’s higher education compares to other African education systems in that regard, it’s useful to notice that we have the highest ranking universities in the African continent. However, in spite of these praises, there will always be room for improvement.
As stated by the Times Higher Education (THE) World University Rankings criteria for 2016-2017, the University of Cape Town came in at no. 1, followed by the University of the Witwatersrand in 2nd place. The Ugandan university, Makerere University, ranked 3rd while two more South African universities ( the University of Stellenbosch and University of Kwa-Zulu Natal), is the only institution outside South Africa to complete the top five. The ranking was based on the following academic performance indicators including:
- Academic reputation
- Employer reputation
- Proportion of staff with a Ph.D. level education
- Faculty to student ratio
- Research publication and citation rates
- Proportion of international faculty and students
In South Africa, approximately 20% of the total state expenditure is allocated to education. This indicates that the country is highly determined to improve the state of the educational system. Further research has shown that student admissions in South African higher education institutions grown by 23% between 2005 & 2013 alone. Additionally, African enrolments increased from 64% of all enrolments in 2008 to 70% in 2013.
In South Africa, skilled postgraduates are in high demand. As a developing nation, there is a great shortage of skills, some of which could be eased by the higher education system and skills development.
The involvement rates of Africans and Coloured remain substantially lower than that of whites and Indians, while more White and Indian students further their high school education to postgraduate studies. Notwithstanding the costs, tertiary education is seen as the best way to improve income potential and employability in South Africa.
When compared to the rest of the African continent, South Africa’s higher education is quite complex and continues to transform to stay in touch with the ever-evolving state of education globally. This is why government works towards providing better access to technology and to improve infrastructure-factors in which many African institutions of higher learning fall short behind.
The Tiso Skills Fund by trying to make a lasting impact on the youth, society and under-resourced communities through their programmes. Our vision and mission is to build a sustainable organisation that is capable of a meaningful and lasting contribution towards the socio-economic development of our country. We aim to become the preferred skills development solutions-partner in South Africa. Additionally, the Tiso Skills Fund mobilise financial resources towards the development of human capital, primarily for the benefit of historically disadvantaged youth. To achieve maximum benefits on the skills development scorecard for clients. The Tiso Skills Fund offers implementation, quality assurance and management services to organisations with regards to their B-BBEE scorecard points in the area of skills development.