South Africa News Archives - Page 22 of 72

Green is the new Black: Balancing the environmental cost of Black Friday

14Nov

By Africa BusinessNo Comments

South Africa News

Green is the new Black: Balancing the environmental cost of Black Friday

Black Friday has gone from being a uniquely American event to a near global phenomenon, and, like all consumption at scale, it has environmental consequences. The upside: There’s a new way for online retailers and consumers to reduce their environmental impact, says Steffen Burrows CURBON Co-founder and Director. In trying economic times, Black Friday offers some genuinely big discounts for consumers in search of a deal. For retailers feeling the pinch, 25 November is an opportunity to increase traffic and boost sales. The answer isn’t for people to stop buying the products and services they need and enjoy; rather, being more conscious of the impact those purchases have, and taking steps to lessen that impact is. Being a conscious consumer is now as simple as adding between 2 and 5% to ...

What no one tells you about entrepreneurship

14Nov

By Africa BusinessNo Comments

South Africa News

What no one tells you about entrepreneurship

How one small business beat the odds and secured a coveted contract with Shoprite Checkers By Terrena Rathanlall, Fetola SME Media Portfolio Manager You could be forgiven for thinking that the Instagram story about the businessman with the flashy car and mansion in the background is a realistic depiction of entrepreneurship. It could not be further from the truth. What no one tells you about entrepreneurship is that success does not happen overnight, your family will probably call you crazy (and not behind your back) and you will want to quit. These are things Nigel and Christynn Jacobs know all too well. For the past four years, they have been steadily building their business - Jacobs Jam in the lush Ceres valley and growing their reputation as the only pomegranate jam manufacturer in...

The rise of fin-fluencers: Gen Z turn to social media for share trading advice

14Nov

By Africa BusinessNo Comments

South Africa News

The rise of fin-fluencers: Gen Z turn to social media for share trading advice

One in five Gen Zers (21%) go to social media for investing advice. Older generations prefer online news and blogs for trading tips. Just 3% of South Africans use a Certified Financial Planner. Commentary from Finder.com’s investment editor Kylie Purcell. Social media is the go-to source for share trading advice among young adults in South Africa, according to Finder.com's Financial Planner Statistics. Finder’s survey of 1,201 South African adults found that 21% of those aged 18-24 turn to social media sites like Instagram and TikTok for their share trading advice. In fact, Gen Z are more than twice as likely to get trading advice from social media sites like Instagram and TikTok than any other age group. However older generations are still looking online for trading tips, b...

10 Top Lessons From Leading Entrepreneurs

9Nov

By Africa BusinessNo Comments

Business, South Africa News

10 Top Lessons From Leading Entrepreneurs

Being an entrepreneur is no easy feat, but with a clear plan, passion and hard work – a lot is possible. As we enter Entrepreneurship Month, we speak to entrepreneurs from different fields and industries about their success and ask them their key tips on achieving greatness! From Ignite Fitness’ CEO, Schalk Hugo and internationally acclaimed Interior Designer Tammy Holmes to the Founding Owner of Just Breethe, Marc Barnfather as well as the innovative Founder of Sloom, Rudo Kemp – you are sure to walk away feeling inspired! Schalk Hugo is the Founder and CEO of Ignite Fitness and his main entrepreneurial mantra is “to get more time on the clock than others. Schalk says “hereby meaning that typically I'll start at 3am and finish at 8/9pm daily 5 days a week. All that this means is; ...

Trends in global healthcare shifts the focus to innovative skills development

9Nov

By Africa BusinessNo Comments

Medicine, South Africa News

Trends in global healthcare shifts the focus to innovative skills development

Over the past two years, global healthcare systems have faced significant disruption and strain due to the Covid-19 Pandemic. During this time, the skills and dedication of nurses and doctors – as frontline workers – have been highlighted. These skills now face a further, possibly bigger, challenge. How do we translate these skills into an increasingly digitised world? The Fourth Industrial Revolution poses a specific and significant challenge: How do we digitise healthcare so that patients have access to quality contactless intervention? Many health practices, and hospitals, have embraced this challenge and begun migrating to hybrid healthcare models where consultations for common conditions (such as the flu, the common cold, or allergies) are done over the phone or by virtual visits (u...

Breaking the ceiling: Women in business are leading the way to economic freedom

7Nov

By Africa BusinessNo Comments

South Africa News

Breaking the ceiling: Women in business are leading the way to economic freedom

By Catherine Wijnberg, CEO of Fetola Too often the subject of women entrepreneurs has an underlying condescending tone of reaching down to help them succeed. If we look at the data, the facts and the evidence we see a different story. This story tells us that when the playing field is levelled – especially through equal access to growth finance - female founders outperform men in job creation, revenue growth and impact on society through family support and nurturing. In fact, there has been an exponential rise in women who are succeeding in the entrepreneurial space, despite challenges such as the gender gap and the Covid-19 pandemic1. Notably, in the South African Women Entrepreneurs Job Creators Survey conducted by Absa2, 90% of female respondents said job creation was an important...

A life less ordinary: Professor Barry Dwolatzky launches exhilarating memoir Coded History: My Life of New Beginnings

3Nov

By Africa BusinessNo Comments

South Africa News, Tech

A life less ordinary: Professor Barry Dwolatzky launches exhilarating memoir Coded History: My Life of New Beginnings

Coded History guarantees that everything you thought you knew about Emeritus Professor Barry Dwolatzky is gladly reconsidered. Nothing about this book is what you would imagine possible in the life of Wits University’s unassuming and much-loved professor. Coded History: My Life of New Beginnings launched yesterday, 2 November 2022. This self-penned memoir by Wits University’s Emeritus Professor, Barry Dwolatzky, chronicles a modest man’s journey from middle-class white suburbia to a clandestine role in the fight against Apartheid, while also establishing himself as one of the country’s most revered software and electrical engineers. Coded History: My life of New Beginnings is not an autobiography that recounts Dwolatzky’s entire life story, but rather a memoir encompassing a collection o...

3Nov

By Africa BusinessNo Comments

Events, South Africa News

Entrepreneurs pertinent to the growth of the MICE industry

Much like entrepreneurs, exhibitions are economic enablers. There is no doubt that entrepreneurship, collectively, is an essential driver of societal health, wealth creation, and a formidable engine of economic growth. In fact, according to the latest Global Entrepreneurship Monitor South Africa report; the nascent entrepreneurial rate increased from 7,3% in 2019 to 10,5% in 2021, whereas the new business ownership rate almost doubled from 3,7% in 2019 to 7,3% in 2021, and the early-stage rate increased by an impressive 6,7% (10,8% in 2019 to 17,5% in 2021). The established business ownership rate also increased by 1,7%.[1] Industries are paving the way for the next generation of entrepreneurs to drive economic growth by creating new products and services, stimulating new employment, a...

2Nov

By Africa BusinessNo Comments

Africa Travel, Mauritius News, South Africa News

Strong recovery and acceleration for global hospitality brand, Club Med

While still affected by the Covid-19 crisis, trends in business volume for pioneers of all-inclusive holidays, Club Med, has evolved differently in various geographical areas. In the 1st half of 2022 (H1 22) Club Med saw its business volume increase by more than 300% compared to the 1st half of 2021 (H1 21) when ski resorts were closed in France, and international travel was largely restricted. In total, Club Med recorded a turnover of €811 million in H1 22, only 10% lower than in H1 19. In Europe and the Americas (North and South), the 5th wave of Covid-19 impacted activity until February. From March, Club Med experienced a very strong rebound taking advantage of the "Revenge Travel" phenomenon: Europe returned to the level of H1 19 (-1%), despite concerns stemming from the wa...

Retailers, banks & fintech players unpack SA’s ambitious fintech future

31Oct

By Africa BusinessNo Comments

Fintech, South Africa News

Retailers, banks & fintech players unpack SA’s ambitious fintech future

OPEN FINTECH FUTURE: Jean Olivier of Shoprite, John Singlam of Investec and Anand Naidoo of HelloPaisa shared their fintech journeys in discussion with financial journalist Refilwe Moloto at the dt (Direct Transact) Open the Future gathering in Joburg. Several local innovators came together to discuss the future of fintech for brands, retailers and banks in Africa in the next 20 years. Photo credit: Sandy Coffey Monday 31 October, Johannesburg - As South Africa heads into a financial future where its flow of money will be impacted by a likely greylisting, an irreversible shift to cashless and non-traditional transacting, and more retailers entering the banking game, an unavoidable fintech boom will transform the financial ecosystem as we know it. This picture of the future was painte...