‘Create tax-free zones (where normal labour laws don’t apply) in South Africa’

The robots are coming!

The Money Show’s Bruce Whitfield played a clip from The Midday Report in which Stephen Grootes interviews Investec Asset Management Strategist Michael Power.

Power discussed some radical ideas of his (e.g. tax-free zones where normal labour laws don't apply) on how to avoid a jobs bloodbath.

Scroll down for quotes from the audio below.

It’s essential to move fast!

Michael Power, Investec Asset Management

The robots are coming!

Michael Power, Investec Asset Management

East Africa is getting on with it.

Michael Power, Investec Asset Management

We must climb on the value-added ladder.

Michael Power, Investec Asset Management

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Ford South Africa recalls 15 600 Figos and Ikons (built between 2004 and 2012)

Ford South Africa recalls 15 600 Figos and Ikons (built between 2004 and 2012)

Please share this with your Ford-driving friends. Fire hazard, again! They must "immediately” contact a dealership.

'Jacob Zuma is lying. SA has one of the worst unemployment rates in the world'

'Jacob Zuma is lying. SA has one of the worst unemployment rates in the world'

The Money Show’s Bruce Whitfield interviews labour economist Andrew Levy.

Sygnia donates 100% of money market management fees to fight corruption

Sygnia donates 100% of money market management fees to fight corruption

State Capture… Corruption… it just goes on and on! The Money Show’s Bruce Whitfield interviews Sygnia CEO Magda Wierzycka.

Stuttafords dies on 1 August. There are lessons to learn

Stuttafords dies on 1 August. There are lessons to learn

The 159-year-old icon failed to evolve. Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

Bitcoin may (or may not) be a bubble. Check this out before taking the plunge

Bitcoin may (or may not) be a bubble. Check this out before taking the plunge

Is the spectacular rise in the value of Bitcoin realistic? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.

Robots will replace most (all?) occupations. The future is jobless, warns author

Robots will replace most (all?) occupations. The future is jobless, warns author

Bruce Whitfield plays an excerpt from the audio book “Rise of the Robots: Technology and the Threat of a Jobless Future”.

Popular articles
So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

5 advantages of leasing instead of owning a car (lower monthly payments!)

5 advantages of leasing instead of owning a car (lower monthly payments!)

Want (or need) a new car? Dale Scorer (a wealth manager at AlphaWealth) reckons you should consider leasing.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?