SA’s ultimate opportunity – leveraging cheap brainpower into the Rich North

Alec Hogg says even in the darkest of hours opportunity exists. And for South Africa, the weak Rand makes local products incredibly cheap on the global stage - especially those of the intellectual kind.
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by Alec Hogg

We're getting ready for a month in London, quite an investment when each pound costs over R20. Part of the preparation has been clarifying my thoughts for the barrage of questions that always greets travellers.

South Africans living abroad are always keen for unbiased insights into how the old country is doing. They know all about the leadership crisis and how we're learning to live with load shedding. Also it's not news that economic growth has stalled and how those who can afford it obsess over emigration (going abroad) or at the very least semi-gration (to the Western Cape).

What I'd like to share, though, is how even in the darkest of hours opportunity exists. And for South Africa, the weak Rand makes local products incredibly cheap on the global stage – especially those of the intellectual kind. My suggestion to our fellows in the UK is to think creatively of tapping into SA's undeniable brainpower and arbitrage this cheap asset into markets of the Rich North. Wonder if anyone will care to listen?

From Biznews community member Matthews Letlape

That is a good assertion of things in our beloved country. I think they will listen Sir, cause money is the roots of all evil and everyone needs it in abundance Sir. What I am not sure about, is that, will the Rand ever recover from this bullish approach to its owners.

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