News & events


03 December 2014

Officials caucus how to reach state’s 2019 target for research

Business Day Live

THE Department of Science and Technology is working with the Treasury to figure out how to get SA back on track to reach its target of spending 1.5% of gross domestic product (GDP) on research and development (R&D) by 2019, it emerged on Wednesday.

The latest state-commissioned survey shows SA’s spending on R&D as a proportion of GDP has remained constant for three years, at 0.76%, — barely halfway towards the government’s 1.5% target, as set out it in its Medium Term Strategic Framework for 2014-19.

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Business Day Live

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