South Africa is suffering an extreme skills shortage, says Aurik Business Accelerator founder Pavlo Phitidis.
Failing public education and emigration is chipping away at the country’s industrial base.
We built our economy primarily on the export of dwindling commodities.
To keep on growing sustainably, we must turn our backs on consumption and extraction and become a value-adding economy.
Phitidis says we can, in a single bold move, secure leadership in Africa in both tech and industry and create three million jobs in the next five years.
Immigration can save our economy and make us more prosperous, says Phitidis.
For more detail and examples of immigration leading to increased prosperity, listen to the interview in the audio below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
Bruce Whitfield interviews Judy Klipin, author of “Recover from Burnout: Life Lessons to Regain your Passion and Purpose”.
The Money Show’s Bruce Whitfield interviews Cas Coovadia, Managing Director at the Banking Association of South Africa.
Bruce Whitfield interviews comedian Anne Hirsch about her attitude to money (hopes and fears, successes and failures, etc.).
Zwelakhe Mnguni (CIO at Benguela Global Fund Managers) shares his stock picks of the week: Naspers, Standard Bank and Pick n Pay.
We are so biased towards equities that it has become disproportional to everywhere else in the world, warns Kevin Lings.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
Lead SA: Gadeeja Abbas expands on the campaign, which reaches out to anyone who has experienced gender-based violence.
Certified financial planner Paul Roelofse on choosing and unlocking the value of loyalty programmes.
Rudie Heyneke outlines Outa's objections to the traffic demerit system signed into law this week.
Mail & Guardian investigative editor Thanduxolo Jika unpacks the Public Protector's legal battles.