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#BizTrends2026 | Bowmans' team: Regulatory developments in fintech, TMT sectors help steer Africa's investment future
Ashleigh Hale, Kate Beretta and John Paul Ongeso 1 day

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In South Africa, this shift is shaped by our particular context, where access to quality tertiary education remains limited, with demand outstripping supply.
Meeting this demand – and ensuring future graduates are equipped with relevant skills for the changing world of work – will require a system that can deliver quality and access at a scale never achieved before.
There are four mega trends that will shape employability, relevance and the future of higher education in South Africa:
It also means designing programmes in smaller, stackable components, supported by learning platforms that can adapt to individual interests and pace.
Technology will also underpin personalisation in higher education, making it possible for students to experience a more tailored learning journey.
To expand access sustainably, the sector will need to rethink quality in higher education and understand it as a discussion about outputs, not a measure of inputs as has happened for hundreds of years.
This shift in understanding will allow the space for productivity growth to deliver high equality education at scale.These four trends are intertwined. Students, parents, higher education institutions and employers need to consider how they intersect, and how to harness them to address South Africa’s most urgent higher education challenges.
At the centre of the challenge is employability. A fundamental shift is underway: quality can no longer be judged by traditional measures, for example how selective a university is (if one thinks of the world’s elite institutions, such as Oxford or Harvard) or how many staff it employs compared to the number of students enrolled.
In the South African context, what matters is what students leave with – the skills they gain and their readiness for the world of work. We need to move beyond the traditional lens of “inputs”; the only meaningful measure of quality is output.
Ultimately we should care about who our students become. That includes the skills they graduate with, the relevance of the programmes they complete, and the extent to which they are prepared for the labour market.
This reflects a growing frustration among employers who feel many graduates arrive without the practical grounding to contribute meaningfully from day one. Addressing this requires a system designed around real-world readiness rather than academic tradition.
Work-integrated learning is therefore essential. Instead of treating industry as an external stakeholder, employers should be embedded throughout curriculum design, assessment and even delivery. For example, engineers learning in the workshops of companies to complement what they learn in lecture rooms, or law enforcement students being taught by experienced members of the police force.
The goal is not simply exposure but purposeful experience: students should perform aspects of academic learning in real workplaces, with industry helping to shape the standards that define competence.
This approach also challenges the long-standing perception that vocational programmes are somehow second-tier. In reality, these pathways often provide the most direct routes into employment. A rigid hierarchy of qualifications serves neither students nor the country.
The question of scale makes this even more pressing. South Africa shares the broader African reality: over the next decade, the continent will see hundreds of millions of young people reach tertiary education age.
It’s too late to imagine solving this by building enough traditional bricks and mortar institutions. We need to find ways of doing far more with the resources we already have. Flexibility and technology are not simply pedagogical improvements; they are central to making higher education accessible and sustainable at scale.
While South Africa’s higher education sector is comparatively well funded, it does not produce the volume of successful graduates required to shift the labour market or support economic growth.
Rethinking productivity does not mean cutting corners, but designing systems that allow more students to succeed. This should include multiple entry points, differentiated pacing, modular learning, and digital tools that can support personalised pathways at scale.
It also means taking affordability seriously. We can't have some elite conception that says higher education can be priced at a point where only the wealthiest in the country can afford it. The sector has a responsibility to ensure that cost is not prohibitive.
In order to address the needs of students in future, the sector also needs to begin to see them not as passive recipients of predefined programmes, but as individuals navigating complex lives, careers and ambitions while furthering their education as well.
The next decade will demand a sector willing to rethink deeply held assumptions and reimagine how learning happens.
The expectation that we will somehow deliver what is needed by doing the same thing we've always been doing is entirely implausible. We need to radically relook how we do higher education. That’s the only way to rise to this challenge.