OLD MUTUAL ALTERNATIVE INVESTMENTS
Impact investing will help to solve education crisis
An appropriate mix of incentives and regulations can make a significant contribution to improving education outcomes, writes Lala Steyn
Impact investing in education in SA is a game changer as a means to facilitate high-quality education. At the Independent Schools Summit organised by the Gauteng department of education on September 13, Education MEC Panyaza Lesufi noted that 12% of pupils in the province now receive their education at independent or private schools, with the number of these schools growing 137% between 1995 and 2017. This growth, which is expected to continue to move towards the global average of 20%, is driven by the demand from parents for high-quality education. Left to its own devices, it is neither likely that the private sector will deliver public goods, nor is it entirely appropriate. But an appropriate mix of incentives and regulations – that rewards the delivery of high-quality education and regulates equity and fairness — can make a significant contribution to improving education outcomes and enabling our society to develop its economy. Old Mutual Alternative Investments manages one of th...
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