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.

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
Used-car buyer? Save yourself a world of pain by asking this one question

Used-car buyer? Save yourself a world of pain by asking this one question

Wendy Knowler says dealerships don’t do much to explain how you may unknowingly void your warranty and service/maintenance plans.

Rugby is having more than a moment. Next stop? The US and (not kidding) China

Rugby is having more than a moment. Next stop? The US and (not kidding) China

Rugby is certainly on the up, says the green-blooded Dr Michael Goldman (Sport Management Program, University of San Francisco).

My dad’s life was cut short. A big part of it was money - RJ Benjamin

My dad’s life was cut short. A big part of it was money - RJ Benjamin

Bruce Whitfield interviews RJ Benjamin about his attitude to money (hopes and fears, successes and failures, etc.).

Old Mutual takes out bizarre full-page advertisement in Business Day

Old Mutual takes out bizarre full-page advertisement in Business Day

Advertising expert Andy Rice slams it. The Money Show’s Bruce Whitfield’s response to the advert? “Hahahahahahahaha!”

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".

'I don’t need millions. All I want on my tombstone is... Best Dad Ever'

'I don’t need millions. All I want on my tombstone is... Best Dad Ever'

The Money Show’s Bruce Whitfield interviews Pilgrim about his attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
COVID-19 death toll rises to 18 in SA, cases at 1,845

COVID-19 death toll rises to 18 in SA, cases at 1,845

In a statement released on Wednesday night, the minister said the cases had gone up to 1,845.

Lockdown: Companies with good service on social media - and those without

Lockdown: Companies with good service on social media - and those without

Consumer journalist Wendy Knowler investigates which companies are meeting their customers’ needs on social media.

How to support outdoor entertainment indoors

How to support outdoor entertainment indoors

Theatres across the world have gone dark, but you can still support and watch the arts while at home

How did a single Netcare hospital become the epicentre of Covid-19 in KZN?

How did a single Netcare hospital become the epicentre of Covid-19 in KZN?

Bruce Whitfield interviews Richard Friedland, CEO at Netcare – owner of the hospital at the epicentre of KZN’s Covid-19 outbreak.

Expect no price hikes or shortages (except rice, pasta) from us - Tiger Brands

Expect no price hikes or shortages (except rice, pasta) from us - Tiger Brands

Tiger Brands CEO Noel Doyle assures South Africans that there are sufficient supplies of most of the company's products.

Dis-Chem launches drive-through COVID-19 testing sites

Dis-Chem launches drive-through COVID-19 testing sites

The company says the tests will cost R850 each and it may take 24 to 48 hours to get your results back.

#COVID-19: Old Mutual offers 4bn worth of free life cover to health workers

#COVID-19: Old Mutual offers 4bn worth of free life cover to health workers

The company is making it available to approximately 430,000 registered healthcare workers on the front-line of the pandemic.

Lockdown shelters in Tshwane helping reunite the homeless with their families

Lockdown shelters in Tshwane helping reunite the homeless with their families

Joanne Joseph speaks to City of Tshwane administrator spokesperson Omogolo Taunyane- Mnguni to find out more.

Only fruit and veg, fresh meat, grocery, spaza shop permits to be issued - Cogta

Only fruit and veg, fresh meat, grocery, spaza shop permits to be issued - Cogta

Deputy Minister Obed Bapela says permits fro cooked food will not be issued as well as furniture shots.

Savanna Virtual Comedy Bar launches on Thursday, featuring comedic heavyweights

Savanna Virtual Comedy Bar launches on Thursday, featuring comedic heavyweights

Bruce Whitfield and comedian John Vlismas share a few Covid-19 jokes and discuss the launch of the virtual comedy club.