Business Archives - AfricaBusiness.com

21Nov

By Africa BusinessNo Comments

Business, South Africa News

Pay-as-you-go everything – innovation, the African way

Reach Africa’s Sales Director Leslie Adams discusses the rise of incremental purchasing and how it’s shifting the African economy In a Johannesburg township lives an entrepreneur; one who is going about his business in a uniquely African way. Miles Kubheka’s business ‘Gcwalisa’ is a shipping container-based retail outlet kitted out with bulk dispensers, apportioning essential goods like maize and sugar. The store operates on a weigh-and-pay basis: Kubheka purchases goods in bulk from food manufacturers, taking advantage of the wholesale discounts. He passes these savings on to his customers, who only pay for the amount they choose to purchase. Goods are brought home in reusable containers, further reducing costs. The idea behind Gcwalisa was born from the reality that many township resi...

19Nov

By Africa BusinessNo Comments

Business, Tech

Experts Warn of Common Black Friday Scams to Avoid

With Black Friday just around the corner, thousands of deals and discounts will be up for grabs on November 29th. Whether you're a savvy shopper hunting for bargains or getting a head start on holiday gift shopping, there will be plenty of irresistible offers to take advantage of. However, it's crucial to stay vigilant, as online scams tend to increase in the lead-up to major sales events. Cybercriminals often take advantage of the larger audiences drawn to websites by discounted prices and special offers, making it more important than ever to protect yourself from potential threats. Marco Farnararo, CEO and Co-Founder of BravoVoucher.co.uk, has shared his expert advice on how to identify and steer clear of Black Friday scams. Fake Websites Popular retai...

11Nov

By Africa BusinessNo Comments

Business

Virgin Atlantic returns to Mexico with new flights to Cancun

Three weekly flights between London Heathrow and Cancun for Winter 2025, starting 19th October 2025 The new service will be the only direct route between London Heathrow and Cancun, operating on one of Virgin Atlantic's new, fuel efficient aircraft, the Airbus A350-1000 Virgin Atlantic Holidays customers will be able to book premium sunshine, eco and adventure holidays in Cancun, Playa del Carmen and beyond Virgin Atlantic is set to return to Mexico with three weekly flights from London Heathrow to Cancun commencing on 19 October 2025. The new service provides easy access to Central America, offering travellers premium sunshine holidays to the amazing beaches, history, nightlife and food scene of Mexico. The route will be the only direct service between London Heathrow to Cancun, ...

10Nov

By Africa BusinessNo Comments

Business, South Africa News

Magpie Instincts: Gathering Market Intelligence for Better B2B Strategies

By Kara Dean, Outbound Marketing and HubSpot Administrator With care, it gathers these shiny treasures and stores them in its nest. Now, think of your business as this magpie, but instead of trinkets, you're collecting valuable market insights. In today’s fast-paced B2B environment, companies that effectively gather and utilise these ‘shiny’ insights secure a clear advantage in decision-making and long-term growth. Uncovering Valuable Insights: What is Market Intelligence? Market intelligence involves gathering, analysing and applying information relevant to a company’s market, including customers, competitors, industry trends and regulations. It plays a crucial role in the B2B world, where decisions are complex and stakes are high. Market intelligence equips companies with a better un...

7Nov

By Africa BusinessNo Comments

Business, Events, South Africa News, Tech

Digital Marketing Conference back in Cape Town on 20 & 21 November 2024

Excitement is building as industry leaders, marketing professionals, and digital enthusiasts prepare to gather at the Digital Marketing Conference 2024 (DMC) in Cape Town this November. This not to be missed marketing event is set to take place on 20 & 21 November 2024 at CTICC, Cape Town. The conference will bring together marketing professionals from various industries to explore the latest trends, strategies, and innovations in the ever-evolving landscape of digital marketing. Now is the time to sharpen your company’s digital marketing efforts. Continued marketing is critical to any business and online digital marketing is offering affordable opportunities to get your brand out there and noticed. As more people are spending more time online, savvy marketers are capitalising on th...

7Nov

By Africa BusinessNo Comments

Business

Data democracy, much like political democracy, seeks to empower everyone for transformative change

By Upuli de Abrew, Co-Founder and Director at Insight Consulting Democratisation of data enables a new kind of AI: Augmented intelligence In January, a Time Magazine article called 2024 a make-or-break year for democracy, with more than half of the planet’s population heading to the polls. South Africans saw peaceful democracy at play when the ruling party lost its majority for the first time since 1994. Dozens of other countries had elections with varying degrees of peaceful acceptance of the results. The “year of democracy’s” climax is no doubt the US general election. While politics around the world can be described as messy, the goal of democracy, the end – as it were – is equal rights for all. It is the democratisation of choice, voice, opportunity and more. That, despite challenge...

25Oct

By Africa BusinessNo Comments

African News, Business

Absa Closes Significant Trade Finance Facility with BII

Absa has successfully secured a $150 million facility from British International Investment (BII) PLC as part of its mission to help close the trade finance gap in Africa. BII (formerly known as CDC) is a UK-based Development Finance Institution (DFI) focused on investing patient capital to foster productive, sustainable, and inclusive economies. Absa, as the borrower in this transaction, will utilise the funds to support this objective, with a specific focus on the African continent. Names from left to right are: Nick O’Donohoe, CEO, BII Anneliese Dodds, UK Minister for Development Charles Russon, Interim Group CEO, Absa Group “Our unyielding commitment to the success of the continent continues to drive us to find solutions to serve our customers in a meaningful and ...

17Oct

By Africa BusinessNo Comments

Business

When Ethical Business Practices Emerge as a Powerful Competitive Advantage

Customers today are more informed than ever, making ethical business practices essential. According to PWC, 83% of consumers believe businesses should actively work to improve social and environmental issues. This reflects a significant shift in consumer expectations, where people increasingly hold companies accountable for their impact on the world. Ethical practices are now a decisive competitive advantage, driving consumer loyalty, attracting top talent, and ultimately boosting a company's bottom line. This post explores how prioritizing ethics can translate into tangible business benefits and long-term success. Consumers Want More Than Just the Products They Buy Today's consumers are savvy. They're not just buying products but investing in brands that align with their values....

16Oct

By Africa BusinessNo Comments

African News, Business

MIGA and ATIDI collaborate to streamline African investments

Associations consent to second three-year arrangement to scale and imitate fruitful organization models. The agreement will establish a method for evaluating progress and outcomes, as well as joint marketing efforts to enhance cooperation and investigate new investment opportunities. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group Guarantees, and the African Trade & Investment Development Insurance (ATIDI) have signed a three-year partnership to accelerate foreign direct investment throughout Africa. The two organizations have reached a second agreement to maximize development impact. Through the World Bank Group guarantee platform, the two organizations will collaborate by utilizing ATIDI's insurance and guarantee product expertise across t...

15Oct

By Africa BusinessNo Comments

Business, Ghana News

How Athletes’ Skills are Helping Build a More Adaptable Workforce and Contribute to Economic Development in Ghana’s Oil Sector

By David Lavallee and Ruth Lavallee In a previous article [1] we outlined how human capital is expected to soon surpass financial capital as a key driver of economic development within the oil sector, coinciding with a widening global skills gap in the industry. To help contribute to a solution, we partnered with the Ghana Chamber of Bulk Oil Distributors to research how skills that elite athletes develop through sports can progress economic development in the oil sector. In the first phase of our research [1], we showed that elite athletes transitioning from the sport of football to the oil sector bring valuable skills, including: Collaboration and Communication Leadership and Strategic Planning Decision-Making and Risk Management Negotiation, Creativity, and Emotion...