CAREER’S CORNER: The cost of workplace toxicity on SA companies.

Loading player...
GUEST - Lindiwe Sebesho, Managing Director at Remchannel

Workplace toxicity is more than just a human resources issue—it’s a direct threat to organisational performance and profitability. Absenteeism linked to workplace depression already costs the South African economy R19 billion annually. Employees aren’t just leaving toxic environments—they’re also disengaging while they stay, dragging down productivity and innovation.

As the world marks Anti-Bullying Day on 28 February, businesses must confront the growing toll of toxic work environments and prioritise psychological safety.
A study published by Remchannel in October 2024 revealed that permanent staff turnover in South Africa was 15.5% across all sectors, with 47% of this being due to resignations. Alarmingly, 27% of those that resigned cited relationship conflicts with their line manager including bullying or harassment, as their primary reason for leaving.
3 Mar 2025 2PM English South Africa Business News · Investing

Other recent episodes

EXPLAINER - Why some sports stars are worth more than companies.

An 18-year-old footballer valued at more than R6 billion has reignited a global debate: how do we really put a price on modern sports stars? Following a new long-term contract at Barcelona, teenage sensation Lamine Yamal has been named the world’s most valuable footballer — outranking established global icons and…
15 Jan 3PM 22 min

Why central bank independence matters.

GUEST – Prof Jannie Rossouw - Honorary professor at Wits Business School and economist at Altitude Wealth Central bank independence refers to a central bank’s ability to formulate and implement monetary policy - such as setting interest rates and managing liquidity - without direct control or interference from the political…
15 Jan 3PM 19 min

South Africa at Davos 2026: The Investment Message SA Is Taking to the World.

GUEST - Neville Matjie, CEO of Brand South Africa As global leaders gather in Davos under the theme “A Spirit of Dialogue”, South Africa is stepping onto one of the world’s most influential stages to make its investment case amid heightened geopolitical tension, economic uncertainty and rapid technological change. With…
15 Jan 3PM 10 min