“Education is the most powerful weapon which you can use to change the world” – Former President Mandela“According to the United Nations Educational, Scientific and Cultural Organization (UNESCO), each year that an individual is at school, adds a 10% increase in their earnings. This in turn raises the average GDP of a country by 0.37% which ultimately produces a society that is more productive, inclusive, and engaged”
Healthcare is one of government’s expenditure priorities along with post-school education and training, economic infrastructure and social protection.
Recent research has shown that in a digital economy landscape, a 25% increase in country-level ICT investment will result in around 1% growth in GDP. In addition according to the 2015 Global Connectivity Index, South Africa is among the top three developing countries that have the most potential to use ICT to boost their economic growth, along with China and Chile.
SOCIAL IMPACT CHARTER
Summit Africa is genuinely focused on the transformative impact on South Africa and has established an investment strategy and framework which targets the following Social Impact and Business business objectives as outlined in our Social Impact Charter: