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.

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.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Patrice Motsepe’s ARC and Sanlam take on Old Mutual with new entry-level insurer

Patrice Motsepe’s ARC and Sanlam take on Old Mutual with new entry-level insurer

"Particularly at the lower end... they’ve been oversold funeral [cover]," says African Rainbow Life CEO Bongani Madikiza.

SA National Blood Service to deliver blood by drone – for only R10 a delivery!

SA National Blood Service to deliver blood by drone – for only R10 a delivery!

It’s a milestone in the history of blood transfusion, not only in South Africa but in the entire world, says Dr Jonathan Louw.

SA’s many badly-behaved insurance companies facing the wrath of the ombudsman

SA’s many badly-behaved insurance companies facing the wrath of the ombudsman

Consumer Journalist Wendy Knowler discusses the angry-sounding ombudsman for long-term insurance’s 2018 annual report.

Why VBS Mutual Bank looters - and all the many others - are not (yet) in jail

Why VBS Mutual Bank looters - and all the many others - are not (yet) in jail

What are the next steps the prosecuting authorities need to take? Bruce Whitfield interviews Bernard Hotz of Werksmans.

How to get a nice, fat tax refund from Sars (a guide for business owners)

How to get a nice, fat tax refund from Sars (a guide for business owners)

The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".

How to get a tax refund from Sars

How to get a tax refund from Sars

The Money Show’s Bruce Whitfield interviews Daniel Baines, author of “How to get a SARS Refund”.

Popular articles
I helped Hector Pietersen at Baragwanath Hospital on 16 June 1976, says nurse

I helped Hector Pietersen at Baragwanath Hospital on 16 June 1976, says nurse

Gogo Lindiwe says there was smoke everywhere and it was hard to distinguish between the police and the criminals.

[WATCH] A group of men load impala carcass in taxi at Kruger National Park

[WATCH] A group of men load impala carcass in taxi at Kruger National Park

Khabazela shares tweets and Facebook posts that have gone viral.

Journalist describes two "bulls" within the ANC - Magashule vs Ramaphosa

Journalist describes two "bulls" within the ANC - Magashule vs Ramaphosa

Veteran journalist and columnist Sam Mkokeli analyses the power struggles within the African National Congress.

Innovative medical glue replaces stitches and staples

Innovative medical glue replaces stitches and staples

Bio-Technology Ph.D. student at the Israel Institute of Technology Alona Shagan explains device similar to a standard glue gun.

[VIDEO] DA's Van Damme accuses family of racism, V&A Waterfront apologises

[VIDEO] DA's Van Damme accuses family of racism, V&A Waterfront apologises

The Democratic Alliance MP claims she was subjected to a racist tirade at Cape Town's V&A Waterfront and wants action taken.

I’ve never seen anything like this! – Simon Brown on Old Mutual vs Peter Moyo

I’ve never seen anything like this! – Simon Brown on Old Mutual vs Peter Moyo

The Money Show’s Bruce Whitfield interviews Simon Brown, Financial Educator at Just One Lap.

Court orders Gupta-linked Trillian to pay back R600 million to Eskom

Court orders Gupta-linked Trillian to pay back R600 million to Eskom

It also ordered the company to pay for all the costs of the application. Bruce Whitfield interviews EWN’s Clement Manyathela.

Comparing milk prices across Africa suggests the rand may get stronger

Comparing milk prices across Africa suggests the rand may get stronger

The Money Show’s Bruce Whitfield interviews Neville Mandimika, Africa Strategist at Rand Merchant Bank.

Even if Zindzi was not an ambassador you would still be touched, says Eusebius

Even if Zindzi was not an ambassador you would still be touched, says Eusebius

Eusebius McKaiser reflects on the tweets by Zindzi Mandela on the land issue, sparking a debate.