Govt to take control of new research and development budget

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(Laurent Gillieron,AP/Keystone)
(Laurent Gillieron,AP/Keystone)

Cape Town - Government will start coordinating a research and development budget to start upgrading and modernising South Africa’s “obsolete” scientific infrastructure and support research and development activities, according to a Cabinet statement issued on Thursday. 

The "proposed budget coordination" will be phased in over the 2017/18 and 2019/20 medium budget periods. 

“The National Development Plan (NDP) notes that research and development and innovation have a key role to play in improving South African’s economic competitiveness and in supporting socio-economic development and employment,” according to the statement. 

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