Small Business Focus, The Money Show with Bruce Whitfield

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

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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