Be the first to like this
South Africa’s economic prospects depend on the productivity of its labour, and productivity can only be
maximised when the labour force possess the appropriate skills. Business is playing its part by offering
training opportunities to employees. Collectively, they are spending more than the government’s mandated
level on training. However, the HIV and AIDS epidemic is eroding this investment in southern Africa where
the HIV epidemic is at its worst. While there has been empirical work that provides estimates on the cost of
HIV and AIDS to business, there is very little data on the actual amounts large companies spend on training,
and how much of this investment is eroded as a result of HIV and AIDS deaths.