African business Archives - Page 5 of 7

The challenges and opportunities of big businesses in developing countries – From Storeroom to Boardroom

27Jan

By Africa BusinessNo Comments

Business, Nigeria News

The challenges and opportunities of big businesses in developing countries – From Storeroom to Boardroom

What does it really take to succeed in big multinational businesses in the developing world? One man’s remarkable journey from a rural Nigerian village to a top job in a global corporation describes the challenges, the opportunities and the issues we must all face up to if we are to create positive organizational and societal impact, equality and equity in global businesses. Babs Omotowa has written From Storeroom to Boardroom to share his insight on the challenges and opportunities of big businesses in developing countries including on, climate change, oil spills, corruption, transparency, culture, government relationships and societal (community and capacity) development. Babs Omotowa has spent his life rejecting the status quo. His own career disproves the unthinking perception that Af...

10Dec

By Josephine WawiraNo Comments

Kenya News, Main, South Africa News

How Black Friday is giving Africa’s economy a lift

It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November. If you drove around the streets of Nairobi, Lagos and Johannesburg for instance, the number of billboards showing discounted Black Friday sales as well as digital advertisements are proof of the retailers’ craze to maximize consumer spend during the BF period. Undoubtedly, the ripple effect that Black Friday sales have on African economies cannot be overlooked. According to Black Friday Global, a marketing website, Black Friday sales are 1,331% and 1,952% higher than average-day sales in the c...

How can barcodes help your small business? The Benefits explored:

25Nov

By Nicole FerrarNo Comments

Business, South Africa News

How can barcodes help your small business? The Benefits explored:

When you think of barcodes, the first thing that springs to mind is probably shopping at a big supermarket. I bet you didn’t know that barcodes can actually be an invaluable asset to any business, big or small? This is because, while huge warehouse establishments have successfully implemented barcoding systems for years, it was only recently that this technology became a feasible option for businesses on the smaller side. Nowadays it doesn’t matter what the size of your business is, a barcoding system improves precision and makes inventory management systems more efficient and speedier. Buying barcodes in South Africa has never been easier! Here are 5 benefits of introducing a barcode scanning system into your small business and exactly how it can help you thrive. 5 benefits of a barcodin...

The impact of Brexit on South Africa and Africa

17Oct

By Morne van der MerweNo Comments

African News, Main, South Africa News

The impact of Brexit on South Africa and Africa

By Morne van der Merwe, Managing Partner and Head of the Corporate/M&A Practice, Baker McKenzie Johannesburg Countries in Africa are preparing for the reality that a hard Brexit could lead to increased risk aversion and reduced investor appetite for trade in the region. Akinwumi Adesina, president of the African Development Bank (AfDB), said recently that AfDB might revise its economic growth projections for Africa if global trade conditions worsened. The growth projections are currently 4% for 2019 and 4.1% in 2020. However, current world trade frictions are also providing many opportunities for the continent, as well as a chance for Africa to showcase its new African Continental Free Trade Agreement (AfCFTA), which now covers the world’s largest free trade area. South Africa is a ...

12Nov

By Africa BusinessNo Comments

African News

Former President of the African Development Bank Babacar Ndiaye to lead Investment Day at this year’s AgriBusiness Forum.

African expert calls on everyone involved in agriculture to step up to the fore for the sake of the entire continent’s development and in the fight against poverty. 12th November 2012, Brussels, Belgium With the AgriBusiness Forum 2012 just around the corner, Babacar Ndiaye, former President of the African Development Bank and founder of the African Business Roundtable (ABR), outlines his demands towards the African and international community to act and establish basic and fundamental financial policies to create real change, after years of debates and establishing potential visions and objectives. “Africa’s agricultural potential cannot induce people into a self-righteous optimism, but should instead incite a responsible and pro-active approach from the sector’s various players because ...

31Oct

By Africa BusinessNo Comments

African News

Pushing the African Business up with High Speed Internet

By Rich Martinez Africa, though known to have the oldest economic history and could have established a prosperous economy earlier, has long been suffering from poverty instead. It has been imprinted in the History that their economy has indeed stagnated for the past decades. The African Continent is supposed to be enriched with a wide range of resources, but somehow, mismanagement and corruption took place that people from Africa are economically depressed and deprived. However, since 2000, there has been a development in Africa specifically in its economy. Some African Countries showed fast improvements in their economic growth and it cannot be denied that efforts were really exerted to have produced that result. This improvement amidst the global recession has been...

30Oct

By Africa BusinessNo Comments

African News, South Africa News

South African red tape may not be that bad

By Thandisizwe Mgudlwa A report this week reveals that entry as a Small and Medium Enterprise (SME) is not so restrictive after all. And according to Gerrie van Biljon, Executive Director of Cape Town-based Business Partners, the general sentiment in South Africa’s business landscape is that the environment is plagued by challenges that hinder commercial activity. Further,in recent months much has been said about the significant red tape that hampers business growth in the country, however, despite all the negative reports, South Africa’s business environment is performing significantly well in key areas. Van Biljon then refers to the World Bank’s Doing Business 2012 Report, which ranks countries across the globe according to how easy or difficult it is for a local en...

26Oct

By Africa BusinessNo Comments

African News, Morocco News

elec expo, EneR Event & Tronica Expo 2012 with an ever higher quality of trade visitors

3,312 visitors from 42 countries discussed business with 138 exhibitors The 2012 edition of elec expo, EneR Event & Tronica Expo, organised under the patronage of His Majesty King Mohammed VI, has closed its doors on 20 October 2012 after 4 days of professional meetings and debates. 3,312 professional visitors of 42 countries and 138 exhibitors of 9 countries discussed business in this quality driven event. Exhibitors praised the even higher quality of the trade visitors. The opening ceremony had been honored by the presence of 3 Moroccan ministries (energy, industry and housing), the top management of FENELEC and representatives of UBIFRANCE as well as 52 African buyers from 14 countries, amongst them energy ministers, managing directors and prominent buyers from the publ...

25Oct

By Africa BusinessNo Comments

African News

CAMAC Energy CEO Honored by Goldman Sachs as one of the 100 Most Innovative Entrepreneurs

HOUSTON, Oct. 25, 2012 /PRNewswire/ — CAMAC Energy Inc. (NYSE MKT: CAK) (“the Company”) today announced that Chairman and CEO Dr. Kase Lawal, recently attended the inaugural Goldman Sachs Builders & Innovators Summit where he was honored as one of the 100 most innovative entrepreneurs for his 26 years of creating value on the continent of Africa. The Summit, held October 22nd-24th in Newport Beach, California was the first of its kind, bringing together emerging entrepreneurs from a diverse set of industries with more seasoned entrepreneurs. Participants engaged in two days of discussions and workshops on building great and enduring companies that reshape their industries. Conference speakers included President Bill Clinton, Facebook COO, Sheryl Sandberg, and Goldman Sachs C...

22Oct

By Africa BusinessNo Comments

African News, South Africa News

South Africa hosts continent’s largest gathering of Ethernet Companies

MEF (Metro Ethernet Forum) and Metrofibrenetworkx bring Government, telcos, ISPs, Data Centres, Equipment Vendors and Enterprise together in bid to connect the country’s networks 22 October 2012 Johannesburg, Midrand, South Africa.The African continent’s most influential gathering of Ethernet related companies will converge on at the Axiz Workgroup Auditorium in Midrandfor the first ever seminar of its kind. Up to 400 companies are expected to attend the inaugural MEF’s(Metro Ethernet Forum) Ethernet Business Services Seminar that is being hosted by Metrofibrenetworx on Monday the 19th Nov (10:30am-2pm). The aim of the event is to bring together interested parties from across the industry to showcase how MEF standards will enable all companies in the Internet food chai...