Business Archives - AfricaBusiness.com

25Aug

By Africa BusinessNo Comments

Tech

5 Game-Changing Sales Tools to Eliminate Pain Points and Explode Sales Growth

AI and other Tech are fast becoming the biggest sales enablers on the block Sales is a pressure game. You’re juggling leads, chasing targets, and dealing with the endless cycle of follow-ups. But high-performers don’t just work harder—they work smarter by leveraging tech that delivers results. Jacqueline van Rooijen, Owner and Business Growth Consultant at Ycagel, examines five common sales pain points that can be solved through easily accessible tools that anyone can start using today. Additionally, she provides real-world examples of companies that are achieving success with them. 1. Generic outreach with low conversion rates The Win: Personalise your Pitches with ChatGPT and Copy.ai The How: AI-powered content generators like ChatGPT and Copy.ai help you scale personalisation. Th...

29Apr

By Africa BusinessNo Comments

Business

Why do you need a succession plan?

Last year, the world was abuzz with commentary around the final season of the popular HBO series, Succession. The show follows the ruthless battle between three siblings as they vie for the position of heir to their father’s media empire. While this is, of course, a fictional story, one aspect of it can be applied to the real world: the Roy Family could really have benefited from a comprehensive succession plan. While the lack of a solid succession plan makes for great television ratings, it has a far less desirable outcome for you and your business. So, what is a business succession plan, why should you consider it, and what does it involve? What is a succession plan? As a business owner, you’ve probably worked tirelessly to create something of value. When the time comes to move on, ho...

29Mar

By Africa BusinessNo Comments

Main, South Africa News

The rise of Gen Z means a rethink of permanent employment is on the horizon

By Gary Silbermann, Co-Founder and Innovation Director at One Degree Workers had barely adapted to a remote and hybrid workplace before businesses demanded more time in the office without exception. Tech big hitters such as Dell and Tata Consultancy Services have warned workers to return or face consequences. Remote working advocate Zoom has demanded that all those who live within 80km of the office need to work in-person twice a week. The reasons put forward by businesses who want employees in the office may vary but there are common themes, such as lower productivity and a struggling or absent company culture. While these concerns are valid and most certainly the lived experiences of C-suites trying to drive the bottom line, as the workforce demographics shift to younger generations it...

14Feb

By Africa BusinessNo Comments

Business

Decision-Making: Key to Powering Business Continuity

by Tosin Eniolorunda As leaders in the corporate world, we understand that every outcome traces back to a decision. Our organizations are built on the choices we make, both big and small. This underscores the primal nature of decision-making and its profound impact. The path we chart for our companies stems from the judgment calls we make each day. What products do we can or take to the market? How do we enter this new market? When do we react to an impending regulatory change? The art of decision-making is a skill that can make or mar any organization. Each decision, whether small or monumental, will have an effect that reverberates across the organization. Mastering effective decision-making is the bedrock for success in any enterprise and might very well determine the longevity of you...

3Nov

By Africa BusinessNo Comments

Business

New study reveals which industries will make the most money from Daylight Saving Time ending – transport crowned top

A new study has identified which job sectors will be generating extra profit in the lead up to Christmas, with the transportation and utility industry crowned top The analysis is based on the proportion of night shift workers in each industry who will benefit most from enhanced productivity and an extra hour’s pay Retail workers also stand to benefit from an extra hour of work, putting the industry in prime position for Black Friday later this month A business expert encourages employers to reimburse night shift workers for the extra hour, and offers tips to improve sleep routine throughout winter With daylight saving time coming to an end this weekend, a new study has revealed the industries most likely to earn more money as the result of an extra hour’s work. Many businesses...

25Oct

By Africa BusinessNo Comments

South Africa News, Tech

Hacking and your business: not if, but when

South Africa is experiencing a massive surge in internet crime. A shocking 78% of South African organisations were struck by a ransomware attack last year, up from 51% the previous year. And, according to INTERPOL’s 2022 Africa Cyberthreat Assessment report, South Africa leads the continent in the number of cybersecurity threats identified with 230 million threat detections in 2022 (in second place was Morocco at a mere 71 million). Othelo Vieira, Technical Product Manager Lead at Tarsus On Demand, says that, unfortunately, no one is safe. “All businesses, no matter their size, need to learn to operate from the point of ‘when I get hacked’, not ‘if I get hacked’, and set up their security and back-ups to mitigate that risk and possible resultant damage.” He says there are several reason...

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...

MENA region is fastest growth area globally for arbitration as better way to solve business disputes

14Feb

By Africa BusinessNo Comments

African News, Events, Interview

MENA region is fastest growth area globally for arbitration as better way to solve business disputes

As the International Chamber of Commerce's Court of Arbitration celebrates its 100th anniversary, President Claudia Salomon tells Africa Business how this global organisation has seen its highest growth in recent years in the MENA region. In the last 10 years, the number of parties coming to the ICC Court has tripled, with parties from the Middle East being the most frequently listed, notably from the UAE, Qatar and Saudi Arabia. The nature of these cases mirrors the profile of the regional economy with some 70% relating to disputes arising from infrastructure and/or energy projects. And looking to the future, the Court is looking to its Abu Dhabi branch to handle the increased flow of work expected from Saudi Arabi's 'Vision 2030' development plans. Since 1923 the ICC Court has played ...

8Sep

By Eugene NizeyimanaNo Comments

Business

Sports Tourism: The Key To Economic Development In Africa

By Eugene Nizeyimana, Founder and CEO of African Business Chamber Of a variety of ways to develop an economy, sports and tourism are major contributors to social and economic development in most countries. There are many types of tourism opportunities that countries invest in, to propel and initiate development strategies. One such tourism type is sports tourism. Sports and Tourism have a major socio-economic impact, are appreciated in most civilian societies, and are increasingly recognized by governments and global business communities. Sports tourism is and has been in the last decade, one of the growing sectors in tourism across the world. Sporting events attract tourists, participation, and support business communities in many forms, where host communities exhibit and showcase local...

Why soft skills play hard in the workplace

2Sep

By Africa BusinessNo Comments

Business

Why soft skills play hard in the workplace

With the workplace constantly changing, and with almost every facet of industry and business having experienced rapid shifts in the last three years, the need for specific skillsets has changed accordingly. Soft skills are on the rise as a contributing factor for success in today’s post-pandemic world, because they lubricate change, amplify agility and strengthen resilience. Recent research conducted by Upskillist - which specialises in the provision of soft skills development to companies globally - looks at the importance of soft skills to productivity. The study found that soft skills are essential to employee wellness and engagement as well as business growth. Although there may not be a definitive list of soft skills, think personal characteristics and behaviours. Look at personal...