🔒 Premium: Stocks end posting worst month since the “Pandemic Panic” of March 2020

Among the legacies of September’s BizNews Conference (BNC#2) was our donation of wi-fi infrastructure to a rural KZN school. We visited that school last week and discovered what you get is not always what’s promised on the tin. Life is complex – especially when it comes to SA education. We’re working on a solution.

On the upside, we did meet a courageous young headmaster who shared brutal truths about operating in a high unemployment, crime-wracked district where, on average, there’s a murder every day. He’s busy with a PhD in psychology. The idealism may be wearing thin.

Schoolteachers have long been prime targets for expanding businesses. Educated, committed and modestly remunerated, few to whom we entrust our children’s future remain “lifers”. Covid and its knock-on effects are now shortening an already declining trend.
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Self-proclaimed salary slaves are leaving formal employment in record numbers. American media calls it “The Great Resignation”. This morning, our partners at The Wall Street Journal published a superb piece on how schoolteachers are among the leaders, abandoning their calling for sales, software, healthcare and training jobs. What happens in the US tends to be followed elsewhere. Eventually, even in rural KZN.

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