BRICS Chair, Ziaad Suleman on SA’s 4IR priorities

The BRICS Trades Fair held this week brought together businesses, investors, and governments to collaborate for economic growth, with a particular focus on digitization. Ziaad Suleman, Chair of the 4IR Digital Economy Committee on BRICS and Chief Commercial Officer at EOH, discussed South Africa's 4IR strategy and the steps being taken to develop a more advanced digital economy. South Africa is making significant strides towards embracing the fourth industrial revolution. The focus is on inclusivity and key themes revolve around skills development, connectivity, e-commerce, digital platforms, and support for small, medium, and micro-enterprises (SMMEs). The aim is to create a conducive environment for digital transformation, enabling more people to participate in activities related to exponential technologies like IoT, blockchain, and robotics. The first thematic area, skills development, is crucial as a larger pool of relevant skills can open up opportunities within the economy. Connectivity is equally important, as the fourth industrial revolution relies on efficient networks to ensure broad participation in the digital transformation process. Affordable and reliable networks are essential for inclusive economic growth. E-commerce and digital platforms play a key role in facilitating trade and encouraging more individuals to engage with new technologies. Building the right ecosystem is vital for the adoption of technologies such as IoT and blockchain. Moreover, supporting SMMEs is seen as essential for sustainable growth and innovation, which can drive the next wave of economic development. In terms of bridging the skills gap, communication between private companies and educational institutions is crucial. It is essential for educational curriculums to align with the skills demanded by the job market. Collaboration between industry and academia ensures that the skills being taught are relevant and in sync with the needs of various sectors. Short courses and practical training programs are also being implemented to address specific skill requirements in different regions. For example, in Port Elizabeth, where the automotive sector is prominent, efforts are made to align the skills produced in the region with the industry's demands. This approach not only reduces unemployment but also ensures a skilled workforce that meets the specific needs of the local economy. Tailoring education to suit different regions, such as Santa and Limpopo, is essential in addressing unique skills gaps and fostering economic growth. Overall, South Africa's focus on inclusive growth and digitization is setting the stage for a more advanced and inclusive economy. By prioritizing skills development, connectivity, e-commerce, and support for SMMEs, the country aims to harness the potential of the fourth industrial revolution for sustainable development and economic prosperity.