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Prioritising innovation and science for economic recovery

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Photo: BuzzSouthAfrica (Edited)

When face-to-face interactions came to a halt, technology becomes the only way to keep up with school, businesses, and daily life operations. Introducing innovations to foster economic recovery has become a priority.

The Minister of Higher Education, Science and Technology Blade Nzimande together with the European Union Research and Innovation ministers had a meeting session on Friday to “introduce the discussion on cooperation between Africa and Europe to foster economic recovery through science and innovation”.

COVID-19 has had a devastating impact on economies and societies.

“The responsibility is therefore incumbent on us, ministers responsible for research and innovation, to ensure that our innovation ecosystems are not only protected during these challenging times but also provided with adequate resources, to play critical roles as engines for growth and development”, said the Minister Nzimande.

Plans have to be put in action to figure out how to open new economic growth trajectories post-COVID.

These were the plans put forward in the meeting:

“Firstly, we need to adopt a broader conceptualisation of innovation beyond R&D, as social innovation also has an equally important role to play. To this end, we need to adopt a whole-of-society approach to innovation, which must include, but go beyond our traditional research and technology organisations – but include civil society and grassroots organisations as actors and not only beneficiaries”

“Secondly, we must use our very response to COVID 19 as a platform for industrialization, especially in Africa. In South Africa, in a partnership between our Science Councils and the private automotive industry, we have already come up with South African produced ventilators. We are also seeking to position ourselves in the manufacturing and production of a COVID 19 vaccine once it is found, thus further building our pharmaceutical industry:

“Thirdly, support for and collaboration with the business sector is crucial, including granting economic relief measures and incentives for enterprises and entrepreneurs, and launching ambitious public-private partnerships as with examples mentioned above. In South Africa, we have decided to establish a sovereign national Innovation Fund to strengthen and grow our national system of innovation”

“Fourthly, we need to address demographic, spatial and other imbalances, which hamper our ability to draw on the full potential of our innovation ecosystems, by providing dedicated support to women, youth, grassroots innovators and indigenous knowledge systems”

“Fifthly and perhaps most importantly, governments need to be strategic enablers of innovation, by not only increasing funding for R&D but also taking measures such as using public procurement as a vehicle for innovation”

Ministers acknowledge that there is still a need for continued engagement in order to grow, redefine and recover economies with new and existing technologies.

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#MakeMoneyMoves with GK’s financial literacy workshop

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Poor money management hinders success, however the right advice and knowledge about how to manage your money wisely guarantees better financial decisions.

Golden key UJ will be hosting a financial literacy workshop with guest speaker Zabatwa Msimang from the Vuka Mngani foundation.

Join the webinar and #MakeMoneyMoves

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Recognising trailblazers in academics, leadership and service

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Within academics, service or leadership there are always those who will be recognised as trailblazers. These individual’s work and efforts have set them apart, putting them at the forefront of conversations within their respective fields.

Golden key UJ constantly creates platforms that ensure that we recognise , celebrate and join these conversations.

With weekly podcasts and daily updates, be in the know with Golden key UJ

Episode 1: https://open.spotify.com/episode/7400Pv5nRDF9Y4TXUcZsEO?si=zH2_GY5OQj6skbkAIqaSJA&utm_source=whatsapp&dl_branch=1

https://bit.ly/375cxLo

Episode 2: 
https://bit.ly/3xceVeb

https://open.spotify.com/episode/0k4eOAVGHf61I6eD3Ed2tY?si=8IQvnxn4RmKgpBRboYaQqA&utm_source=whatsapp&dl_branch=1

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Students panic as UCT becomes engulfed in fire

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Picture: Rodger Bosch/AFP

Students at the University of Cape Town were evacuated to safety on Sunday Afternoon as fire broke into the university premises.

In the meantime the University has cancelled all campus activities including classes, tutorials, laboratory work and tests.

On Sunday Evening the UCT released a statement, saying that all University activities will be canccelled on Monday and Tuesday.

“No classes, tutorials, laboratory work or tests will take place on Monday, 19 April or Tuesday, 20 April. We will assess the situation and provide further updates before midday on Tuesday,” they said. 

“The safety of students and staff is paramount. For safety reasons, campus will be locked down and no one, other than emergency services, will be allowed access. We are all anxious about the extent of the damage to the Rondebosch campus. We will provide updates as soon as we are able to do so.”

 

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