Gerrie Fourie, the co-founder and former chief executive of Capitec Bank, has told South Africans considering emigration that the country's dysfunction is precisely what creates its opportunities, and that those who leave for more stable countries will find stability without the returns.
Fourie made the comments during a discussion with economist Dawie Roodt on an Efficient Group Market Call, offering a direct and unsentimental view of South Africa's commercial proposition.
You can go to Switzerland, where everything works, but there are no opportunities, Fourie said. The other option is to stay in South Africa, where nothing works, but there are plenty of opportunities. Choose where you want to go.
