Increased investment in research, development needed, says Ramaphosa
President Cyril Ramaphosa says science, technology and innovation are essential for economies to thrive and societies to prosper.
Ramaphosa addressed the presidential Plenary on the STI on Tuesday.
The plenary was attended by government officials in government, industry, academia and civil society to share ideas on how STI can positively impact the South African economy.
Ramaphosa said South Africa ranks well in knowledge, technology and creative outputs.
"The science, technology and innovation are essential for economies to thrive and for societies to prosper, it is known that science, technology and innovation determine which countries move forward and which countries are left behind, which countries will win and which countries will lose."
He added that the number of students who graduated in science and engineering have drastically increased, showing that there has been significant strides in higher education over the years.
"We also need to significantly increase our investment in research and development, but we have got so many other demands on our budget and so many challenges but wee need to have priorities."
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