Human Capital and Labour Report South Africa
The Republic of South Africa (RSA) is located at the southern tip of Africa. It is bordered by Namibia, Botswana, Zimbabwe, Mozambique and Swaziland. Lesotho lies within the borders of South Africa. South Africa comprises a total area of 1,221 million km2 or 471,443 sq. miles and is home to 53 million people. South Africa has three capitals Pretoria (Tshwane) is the administrative capital, Bloemfontein is the judicial capital and Cape Town is the legislative Capital. Its largest city is Johannesburg, which is also the centre of commerce, finance and industry. In 1994 South Africa successfully and peacefully overthrew the Apartheid regime which had governed the country for 46 years. Today South Africa is regarded as a bastion for democracy, peace and human rights in Africa, ranking 4th in the Ibrahim Index of African Governance in 2014. Although South Africa’s economy is only the third largest in Africa, it is the most developed in Africa, and the 28th largest in the world.
This country analysis focuses on broad human capital indicators including:
- Country profile, including a brief overview of the country; corruption and governance indicators; and the business culture.
- Economic indicators, including an overview of the economy; Broad-Based Black Economic Empowerment (BBBEE); largest companies; foreign aid and foreign investment.
- Socio-demographic indicators, including population parameters, standard of living and poverty measures.
- Healthcare and wellness: The focus here is on the impact of Tuberculosis (TB), HIV/AIDS and malaria on the workforce and workplace; the availability of specialist healthcare and also primary and secondary healthcare.
- Education trends, including the education level of the population and workforce; as well as education standards and output.
- Labour force, including the economically active population; job creation; employment sectors; skills shortages; the training and skills development framework; employment of expatriates; brain drain; industrial relations; professional human resource management and more.
Throughout the research, implications, challenges and recommendations are offered to employers, policy makers, donors, investors and the human resource management fraternity. This is all done within the context of the South African socio-economic realities.
Where appropriate, comparisons were made against Kenya, Nigeria and sub-Saharan Africa. Nigeria was selected because it is the largest economy in Africa; Kenya for being the largest economy in East Africa and also for being perceived as an entry point for investors to enter into Africa. The data of these countries are used to provide context and perspective.
The country analysis refers only briefly to the South African economy, political situation or general risk factors. There are dozens of platforms, reports, research and publications available in that regard for those who wish to apprise themselves of information relating to those areas.
The research is unique by its predominant focus on the South African labour force.