Tech gains could add 1.2 million jobs in SA: McKinsey - TechCentral

Tech gains could add 1.2 million jobs in SA: McKinsey

Digitisation and automation advancements could add 1.2 million jobs in South Africa by 2030, McKinsey & Co said in a report on Thursday.

Technology-related gains could triple South Africa’s productivity growth, more than double growth in per-capita income and add more than a percentage point to the real GDP growth rate over the next decade, the report said.

Still, McKinsey cautioned “concerted action will be needed from businesses, government, labour organisations and educational institutions” to realise the gains.  — Reported by Antony Sguazzin, (c) 2019 Bloomberg LP

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