THE room has not changed in four years: frosted glass walls enclosing an oval table.A Technology Innovation Agency (TIA) CEO is laying out his plans for the future. Again."When I arrived, I was the sixth CEO in five years; now I’m the sixth CEO in six years," says Barlow Manilal. "TIA really needed some stability."Disgraced former CEO Simphiwe Duma, the TIA’s first head, also said in 2011 that his role was to create stability in the organisation. Duma was fired for gross misconduct, along with chief financial officer Barbara Kortjass.The fledgling agency, established by an act of Parliament in 2008, has been fraught with controversy since it opened its doors. It was going to be SA’s magic solution to the gap between innovative idea and marketable product — known as the "innovation chasm", where ideas and innovations go to die due to lack of investment funding and support. But the agency has lurched from problem to crisis to catastrophe.An amalgamation of seven entities — the Innovat...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now