Skills development is the process of identifying the skills gap that exists within a company and finding methods to develop or reduce the shortage of these skills. In South Africa skills development is an important element as it aims to provide the economically active population with the right skills to grow the economy. The objective is to focus on the previously disadvantaged, by improving,
(1) Hard Skills, which comprise knowledge that is based on a field of study or technical skills, and
(2) Soft skills, which relate to personality and are usually transferable.
The following Acts and Regulations are the custodians and implementation managers for affective skills training and education in South Africa:
- Skills Development Act
- Skills Development Levies Act
- Employment Equity Act
- Broad Based Black Economic Empowerment (B-BBEE)