SABC News - Brain drain shows signs of reverse:Thursday 16 January 2014

Brain drain shows signs of reverse

Thursday 16 January 2014 11:30

SABC

Adcorp’s January employment report estimates that since the global financial crisis in 2008, approximately 360 000 highly skilled South Africans have returned from foreign work assignments.(SABC)

The brain drain of highly skilled professionals from South Africa is showing signs of reversing.

That's according to employment figures released by workforce management company, Adcorp. 

Adcorp's January employment report estimates that since the global financial crisis in 2008, approximately 360 000 highly skilled South Africans have returned from foreign work assignments.

Adcorp's labour economist, Loane Sharp, outlines some of reasons why South Africans are returning.

Sharpe says this could be attributed to distress in the labour market in English-speaking countries outside South Africa.  

He says labour markets in the United States, United Kingdom, Australia and Canada have been very difficult since 2008.

- AUDIO: Listen to Loane Sharpe below

CEO of Homecoming Revolution Angel Jones says they have always encouraged South Africans who want to go abroad and gain experience.

Jones says when people do return to South Africa after long periods of time, they have noticed that these people have developed a greater sense of passion to do more.   

- AUDIO: Listen to Angel Jones below

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