There’s a war for skills in South Africa: Capitec CEO

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There’s a war for skills in South Africa: Capitec CEO
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South Africa is seeing a war for talent as banks, retailers and other businesses are scrambling to hire across a limited talent pool, says Capitec Bank chief executive officer Gerrie Fourie.

South Africa is seeing a war for talent as banks, retailers and other businesses are fighting to hire from a very limited talent pool, says Capitec Bank chief executive officer Gerrie Fourie.

“This is being fueled by people saying they are now working from home and overseas. It’s quite easy to work in London but you actually sit in South Africa, so I think there will be quite a war for talent,” he said. “During the past year, 1,367 new employees were hired with 26% of new hires fulfilling critical IT and data business development needs. Despite the pandemic, the business continues to grow and invest in its people and has already started recruiting top talent to fill 500 new positions this year,” he said.

The positions Capitec plans to fill over the next few months, range from jobs for graduates to senior professionals, and include:Fourie added that he expects working from home to become a permanent fixture at South African businesses, but that a balance will be required.

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