Brief
Experts call teachers economic drivers on World Teachers’ Day
Investment strategists and education leaders say teachers shape the workforce and should be recognised as economic contributors.
By Felo News Desk · Published
As World Teachers’ Day is marked on 5 October, experts are urging South Africa to view teachers as economic enablers rather than merely social contributors. Investment strategist Osagyefo Mazwai of Investec Wealth & Investment International said educators build the human capital that fuels future productivity, while Petronella Mohale of Letsibogo Girls SOS highlighted teachers’ role in developing problem‑solving and digital skills.
What happened
The article notes that South Africans with a university degree enjoy an employment rate of about 78%, compared with 42% for those whose highest qualification is matric and roughly 30% for those who left school early. Despite rising matric pass rates, many learners still exit the system before completing Grade 12, limiting future earnings and economic participation.
What the reports add
Mazwai explained that as economies adapt to rapid technological change, demand grows for capabilities such as digital literacy, STEM knowledge, adaptability and critical thinking – skills cultivated over years through effective teaching. Mohale added that South Africa cannot rely indefinitely on exporting raw commodities while importing high‑value skills, stressing the need for a generation that can innovate and create value.
What was said
"Teachers are often viewed primarily as social contributors, but they are equally economic contributors," Mazwai told bizcommunity.com. "Every learner who stays in school, develops critical thinking skills and progresses into further education or employment represents future productivity, innovation and economic value." Mohale said, "We need a generation of young people who can innovate, solve problems and create value. Teachers play a key role in helping learners build those capabilities and believe in their full potential."
How it came about
The call for greater recognition of teachers coincides with the Richfield Teacher Impact Award running from 5 Oct to 9 Oct 2026, which honours inspiring educators with cash prizes. Felo previously covered the award on 1 Oct, highlighting its aim to celebrate teaching excellence.
Key facts
- World Teachers’ Day is observed on 5 October 2026. (bizcommunity.com)
- University graduates in South Africa have an employment rate of about 78%, versus 42% for matric holders. (bizcommunity.com)
- Osagyefo Mazwai of Investec said teachers are economic contributors. (bizcommunity.com)
- Petronella Mohale of Letsibogo Girls SOS linked teacher training to innovation and digital skills. (bizcommunity.com)
- The Richfield Teacher Impact Award runs 5‑9 Oct 2026, offering cash prizes to teachers and nominators. (bizcommunity.com)
Sources
- [1] bizcommunity.com — originally reported as “Why teachers matter as much as engineers and scientists”
