Emigration a red-flag for SA economy

The emigration of SA’s skilled professionals is a major risk for job-creation efforts and the dwindling tax base and cannot be ignored by policymakers as the country battles the aftermath of Covid-19 and one of the highest unemployment rates in the world.

On Tuesday, Izak Smit, CEO of the Professional Provident Society , a mutual financial services provider that offers insurance and investment products to graduate professionals, red-flagged the exodus of SA’s most skilled workers, who not only provide tax revenues but support jobs across the economy. ..

CoruscaKhaya This emigration will hit the DA very hard.

CoruscaKhaya I don't mind paying tax for Mzansi. Seeing my sweat go to IRREGULAR EXPENDITURE termed corruption does inspire emigration.

CoruscaKhaya They have been emigrating since 1994

Imports. Corruption. Buying from foreign businesses that are based here.

ali_naka Blame ANC....

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