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'Emigration is draining skills, destroying the future of South Africa’s economy'

10 October 2019 3:37 PM
Tags:
Economy
Entrepreneurship
Small businesses
The Money Show
Bruce Whitfield
Economic
Pavlo Phitidis
Emigration trends
SMEs
small business
Aurik Business Accelerator
emigration
Emigrating from South Africa
sme
emigrating
Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.

Emigration is draining skills available to South Africa and threatening the future of the country’s economy, warned small business guru Pavlo Phitidis.

It’s picking up and causing a host of new challenges to small business owners.

South African passport. Picture: Wikimedia Commons

The Money Show’s Bruce Whitfield interviewed Phitidis for his weekly small business feature.

He spoke about a tech firm that employs 700 people.

In one session, the CEO asked who was thinking about emigrating – 75% of his staff raised their hands!

Phitidis spoke about what this means for that business.

He also advised how small business owners should address this challenge.

For more detail, listen to the interview in the audio below.

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This article first appeared on 702 : 'Emigration is draining skills, destroying the future of South Africa’s economy'


10 October 2019 3:37 PM
Tags:
Economy
Entrepreneurship
Small businesses
The Money Show
Bruce Whitfield
Economic
Pavlo Phitidis
Emigration trends
SMEs
small business
Aurik Business Accelerator
emigration
Emigrating from South Africa
sme
emigrating

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