Business Archives - Page 13 of 29

4May

By Africa BusinessNo Comments

Business, Main

The African Private Equity Market’s role in the continent’s exciting transformation

By Angela Simpson and Lydia Shadrach-Razzino, Partners and Co-heads of the Corporate/M&A Practice at Baker McKenzie in Johannesburg The impact of global geopolitical and economic turbulence and the challenges of the pandemic have led private equity (PE) investors to carefully assess which sectors are expected to do well in Africa and where they can find high quality assets at the right price. Healthcare, technology, media and telecommunications (TMT), energy, infrastructure and financials have emerged as the most active sectors by value in Africa in the last few years, with PE investment in general rising substantially despite economic challenges. Rapid innovative developments in these sectors have attracted the attention of PE investors, and it is clear that the continent is open for...

Invest In Ghana: Discover Some Top Reasons To Invest In Ghana’s Brown Gold- Cocoa

29Apr

By Africa BusinessNo Comments

Business, Ghana News, Main

Invest In Ghana: Discover Some Top Reasons To Invest In Ghana’s Brown Gold- Cocoa

Ghana, known for its abundant natural resources and friendly people, is also the world's second largest producer of cocoa. This cash crop has been a driver for economic growth for decades, and its importance has remained steadfast in the midst of globalization. The impact of cocoa production in Ghana has been evident throughout the country and has provided much-needed employment opportunities. The industry has also been a great source of revenue for the government, enabling them to invest in public services and support development in the nation. Clearly, the cocoa industry has been and still is a critical aspect of Ghana's society and economy. The cocoa value chain is extensive spanning farming to processing and manufacturing of cocoa and chocolate products. While cocoa serves as a fund...

26Apr

By Africa BusinessNo Comments

Business, Main

C-suites should drive data strategies to avoid disconnect with business strategy

Enterprises must prioritise security, governance and user adoption for successful implementation By Lee Wearne, Senior Business Intelligence Consultant at Insight Consulting The urgency of implementing enterprise data management strategies comes from an acute awareness that businesses need to put their data to work effectively to influence business decisions and efficiency, and ultimately help steer the direction of the business. C-suites understand that this urgency is not a fad, that an effective enterprise data strategy is a fundamental component of their digital transformation journeys. However, unless the data strategy is driven from the top of the organisation, there will - at some point - become a discrepancy between the business and data strategy. This disconnect can result i...

The Application of Quantified Creativity in Influencer Marketing

12Apr

By Africa BusinessNo Comments

Business, South Africa News

The Application of Quantified Creativity in Influencer Marketing

By: Casey Mantle, from 8909 Digital Influencer marketing has become an essential aspect of any brand's marketing strategy. With more and more consumers relying on social media to make purchasing decisions, partnering with influencers can help brands reach their target audience effectively. However, it's not enough to simply find an influencer with a large following and hope for the best. To ensure the success of your influencer marketing campaign, you need to use data effectively. Data is an incredibly powerful tool in influencer marketing, helping brands to make informed decisions about which influencers to partner with, what content to create, and how to measure the success of their campaign. By leveraging data, brands can better understand their audience, identify the most effective i...

7Apr

By Africa BusinessNo Comments

Business

9 things SME’s can do to look after their staff during the cost of living crisis

As the cost of living crisis continues, employers must recognise the importance of supporting their employees during these challenging times. From both a business and human perspective. Financial stress can significantly impact employee wellbeing, job satisfaction, and productivity. As a result, many organisations are taking steps to provide support and alleviate some of the financial concerns faced by their staff. Beyond being morally right to support employees during times of economic hardship, there are also business benefits. Employee performance experts at Weekly10 summated their 9 tips so that businesses can support their employees during tough economic times: Focus on employee engagement Prioritise employee wellbeing Be transparent with employees Look to build resilie...

30Mar

By Africa BusinessNo Comments

African News, Agriculture, Business

Fairtrade Increases Coffee Minimum Price As Farmers Face Mounting Economic and Climate Pressures

Fairtrade will raise its Minimum Price for coffee in an effort to strengthen protections for coffee farmers around the world amid the intensifying impacts of climate change and growing global economic volatility, the social justice organization today confirmed. The new Fairtrade prices, which come into effect for contracts signed as of 1 August 2023, will increase the baseline price by 19 percent and 29 percent for Fairtrade certified Robusta and Arabica coffee, respectively. This will provide farmers with significant price risk management support in times of wild market fluctuation, and adapt to their needs as they face inflation in their home countries and substantial additional costs due to climate change adaption. The new Fairtrade Minimum Price for washed Arabica beans – which repres...

16Mar

By Africa BusinessNo Comments

Business

Grow with Intention: How to Make The Best Investments for Your Business

Every business needs to grow. It does not, however, need to consistently achieve extreme profit margins and beat the previous quarter’s results repeatedly. So long as your business is profitable, then you’re doing wonderfully. However, this does not mean you can keep things the same for years to come. Markets change, new tools arise, and competitors will rise and fall. You need to work on how you can consistently improve so that you can recapture existing customers and attract the next generation of customers all in one fell swoop. Growing your business with smart, intentional, and research-led investments is a must. If you aren’t sure how to begin, don’t worry, and instead follow this guide: Look For Opportunities in the Market One of the best ways to grow and establish y...

Five Areas Where AI Can Help Do Better Business, Right Now

13Mar

By Africa BusinessNo Comments

Business, Tech

Five Areas Where AI Can Help Do Better Business, Right Now

By: Jacques Du Bruyn, Managing Director, Flume While the creative industry loses its collective mind about how ChatGPT, Bard and the ‘smarter’ version of Bing are going to decimate job numbers in the industry and deliver massive volumes of poor-quality work at next to no cost – and there’s plenty to be said about why that panic is misplaced – there are plenty of applications for AI in the creative industry and others that don’t have people quite as upset. Content Production AI is making inroads right now is content creation and production, in terms of developing ideas and producing the content itself. While AI is able to produce content, as well as to edit, proofread, personalise, optimise and curate – it comes with caveats alongside the time-saving aspects. Almost every business has...

6Mar

By Africa BusinessNo Comments

Business, South Africa News

The mine’s operating model – and why your people underpin it

By Arjen de Bruin, Managing Director at OIM Consulting In its simplest form, a company’s operating model can be described as a visualisation of its business strategy. The intent of the model is to provide a clear framework or blueprint for how this strategy is executed to deliver on the organisation’s goals. But who is responsible for carrying out the functions in your operating model; undoubtedly a multi-coloured, flowchart-heavy PowerPoint slide that you brandish about in boardroom meetings? Your people. So it stands to reason that no matter how beautifully articulated your operating model, it will not succeed if your people are unable to execute these functions. The link between faulty execution and strategy fall-down According to an article in the Harvard Business Review, almost 70...

3Mar

By Africa BusinessNo Comments

Business, Ghana News

Yofi Grant, CEO of GIPC, is the African business personality of the year 2022, and Ghana represented by GIPC is the best FDI destination in Africa

Yofi Grant, the esteemed CEO of the Ghana Investment Promotion Centre (GIPC), has been honored with the prestigious title of African Business Personality of the Year 2022 by International Investor Magazine. This coveted award recognizes Yofi Grant's outstanding leadership and contributions to promoting investment and economic growth in Ghana and across Africa. Furthermore, GIPC, representing Ghana, was also awarded "Best FDI Destination in Africa for 2022," solidifying its reputation as an innovative leader in fostering foreign direct investment opportunities in Ghana and the continent as a whole. It is a major milestone for the GIPC and illustrates the hard work and dedication of the CEO in steering Ghana to become one of Africa’s most attractive investment destinations on the back of ...