The government will push for increased investment in research and development, higher education, science and technology minister Blade Nzimande said on Tuesday.
The SA government recently introduced the research and development tax incentive programme. The incentive was designed to encourage private-sector investment in scientific and technological research and development activities. It was introduced to help the country achieve a target for research and development expenditure of 1.5% of GDP.
Nzimande said the government had identified initiatives to develop new research and development of industries that could help improve SA's value addition in what the country produces and exports. Nzimande said his department would also continue to bring much-needed innovation to the taxi industry.
Divert the money to the NPA.
Into what? Actually managing a country, administering a nation and not stealing what is not yours? If so, splendid!!! Research paper: How Zuma stole white taxpayers money in sterling RET programme
A friend who worked in a division of CSIR found they were not eligible for bonuses despite generating profit to sustain other loss-making divisions. They did get bonuses when their 'transformation' (ethnic cleansing) targets were met despite making a financial loss! Way to go!
😂😂 with what money?
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State is set on boosting investment in research and development, says Blade NzimandeSub-Saharan African states spend less than 0.5% of GDP on R&D on average, while OECD countries — mostly high-income economies — average 2.3%
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