Past Event

South Africa Economic Update, Edition 15 – Learning: Overdue Reforms and Emerging Priorities in Basic Education

The World Bank invites you to explore this topic at the launch of the South Africa Economic Update, edition 15 entitled: Learning: The Overdue Reform of the Basic Education Sector in South Africa.

South Africa prioritizes inclusive growth by addressing poverty and inequality, with education at the core. The World Bank's 15th Economic Update highlights challenges in basic education and proposes reforms to improve learning, human capital, and economic growth. The launch includes insights from Minister Siviwe Gwarube and expert discussions on advancing education and reducing inequality.

The development of a diverse and inclusive society is a top priority for South Africa’s government, as the country works to address poverty, inequality and boost its development.   Education is a key element for inclusive growth as it has the potential to prepare all young South Africans for a brighter future by realizing their potential through further studies, upskilling and opportunities in the job market.

The World Bank invites you to explore this topic in the South Africa Economic Update, edition 15 entitled: Learning: Overdue Reforms and Emerging Priorities in Basic Education.

The World Bank’s Country Director for South Africa, Satu Kahkonen, gave an opening address at the launch event, followed by South Africa’s Minister of Basic Education Hon. Siviwe Gwarube's keynote speech. The World Bank team then presented the key findings of the economic update. Nozipho Tshabalala facilitated a panel discussion with leading policy makers, subject matter experts and stakeholders from affected sectors. The invited audience had an opportunity to pose questions and engage with the panel. The launch concluded with remarks from a representative of the South African government, reflecting on the findings and next steps.  

The South Africa Economic Update aims to foster policy dialogue and debate. This 15th edition is divided into two parts.  First, it analyzes recent economic developments in South Africa and discusses the possible outlook and risks for the next three to five years. Second, it reviews the performance of the basic education system in South Africa, highlighting the challenges and proposing a set of feasible policy reforms to improve learning outcomes, enhance the country’s human capital, boost inclusive economic growth, and reduce poverty and inequality. 

DATE: Tuesday, February 4th, 2025. 8:30am – 10:30 (South Africa Standard Time; GMT+2)

  08h30 - 08h35

Introduction and Welcome  

Nozipho Tshabalala , Program Director 

 08h35 - 08h45

Opening Remarks  

Satu Kahkonen,  

Country Director for South Africa, World Bank  

 08h45 – 09h00

Keynote Address  

Honorable Siviwe Gwarube,  

Minister of Basic Education, Republic of South Africa  

  09h00 - 09h25

Presentation of the Report by World Bank Team  

 09h25 - 10h00

Panel Discussion , facilitated by Nozipho Tshabalala

Panel members:

Phumzile Mlambo-Ngcuka; Chair, 2030 Reading Panel 

Michael Sachs, Adjunct Professor, University of the Witwatersrand

Jana Du Plooy, CEO, Apex Education

Permie Isaac, Head of Content and Training, Funda Wande

10h00 - 10h20

 Q&A from the Audience

10h20 - 10h30

 Concluding Remarks

Date: February 04, 2025

Time: 08:30 AM - 10:30 AM ET

Location: South Africa