NEWS | THE SILVER LINING ON SA’S ICT SKILLS BRAIN DRAIN
SA’s senior IT skills are increasingly leaving the country, but this creates a series of new opportunities for local companies and IT professionals.
SA’s senior IT skills are increasingly leaving the country, but this creates a series of new opportunities for local companies and IT professionals.
The impact of the future tax treatment of income earned by South Africans while they are living and working abroad has been widely publicised.
Skills development is becoming an increasingly pressing concern and an essential priority for South Africa business at all levels. Local unemployment rates continue to climb, with Statistics South Africa’s (Stats SA) Quarterly Labour Force Survey (QLFS) for the second quarter of 2019 stating that the number of unemployed persons increased by 455,000 to 6.7 million in Q2: 2019, compared to the first three months of the year.
SOUTH AFRICAN CHAMBER OF COMMERCE (UK) IN ASSOCIATION WITH TAX CONSULTING SOUTH AFRICA
South African passport holders can travel visa-free to over 100 countries, ranked the 53rd most powerful passport.
SPONSORED BY XPATWEB FEATURING THE LEXISNEXIS EXPATRIATE TAX PUBLICATION
Xpatweb is sponsoring the British Chamber in South Africa’s October/November Business Briefing at the Inanda Club in Sandton on Wednesday, 30 October 2019 and at the Brasserie at the Stack in Cape Town on Thursday, 7 November, 2019. The event will include a presentation from Jerry Botha, Managing Partner of Tax Consulting South Africa, where he will be tackling the expatriate tax law changes as well as its implications on employers and expatriates.
Recent media reports have criticized South Africa’s restrictive visa rules and the Department of Home Affairs’ poor handling of visa applications. They claim these shortcomings discourage investors from entering the country, thereby inhibiting economic development and job creation.
According to the critical skills survey on XpatWeb, the difficulty in recruiting skilled artisans has risen 45% in the last year. This result makes artisans the third most sought-after skilled professional for companies. The search for ICT specialists and engineers is the only professions to precede skilled artisans.
South Africa will trial a new e-visa system in November, making it easier for tourists to enter the country thanks to the online capture of visa applications and biometric information.