Why we should repatriate hi-tech skills to rebuild SA’s economy
Offshoring removes the need and incentive to upskill existing employees or train our millions of unemployed people
12 January 2021 - 16:47
SA will not recover from the devastating economic fallout of the Covid-19 lockdown without drastically reviewing how we do business.
Despite an impressive rebound in the third quarter of 2020, the economy is still 5.8% smaller than it was at the end of 2019, SA’s unemployment rate is the highest in the world, of countries included in the latest International Monetary Fund (https://www.imf.org/external/datamapper/LUR@WEO/OEMDC/ADVEC/WEOWORLD) World Economic Outlook, and the small business sector is under threat: business as usual may eventually mean no business at all...
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