Today's Labour News

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newsBusinessTech reports that there has been a major increase in skilled professionals leaving the country as South Africa faces continued uncertainty.  

Speaking to eNCA, Sable International’s Andrew Rissik said that people were leaving for many reasons, with two of the biggest being economic uncertainty and crime.  “We are looking at around 25,000 skilled people leaving South Africa each year, with around 1,000 – 2,000 of these people also being very wealthy people who are able to buy their way into other countries.  These are potentially very high-quality taxpayers that South Africa is losing,” said Rissik.  The data averages out to around 68 skilled people, and between two and five ultra-wealthy South Africans, leaving the country every day.  Rissik added that as long as these ‘push factors’ were present, people would continue to leave.  Data shows that the UK is still the most popular choice for South African immigrants, while a growing number are also choosing to settle in Australia and New Zealand.

  • Read the full original of the above report at BusinessTech

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