Tuesday, November 26African Digital Business Magazine

Tag: South Africa

How can barcodes help your small business? The Benefits explored:
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...
Introducing 180 Lounger – Cape Town’s Trendiest New Rooftop Venue
Africa Travel, South Africa News

Introducing 180 Lounger – Cape Town’s Trendiest New Rooftop Venue

 Nestled in an office park in Cape Town’s bustling Bree Street, 180 Lounger is a rooftop venue that is set to change the game when it comes to rooftop events in the Mother City. Cape Town is one of the world’s most beautiful cities. It has gorgeous views of Table Mountain and the ocean and its eclectic approach to food, lifestyle, design, entertainment and culture has made it one of the most popular destinations in the world. 180 Lounger, however, is one of the few rooftop venues around the city can encapsulate all the views Cape Town has to offer. Having only opened its doors in 2018, 180 Lounger offers a unique customer experience with a variety of facets to its business. First and foremostly, 180 Lounger is a versatile rooftop venue offering an indoor space and outdoor terrace both wi...
Hotel Development Industry in Africa
Africa Travel, Botswana News, Cape Verde News, Democratic Republic of the Congo, Kenya News, Nigeria News, Rwanda News, South Africa News, Tanzania News, Zambia News, Zanzibar

Hotel Development Industry in Africa

Introduction           The development of a country partly depends on the expansion of their hotel and tourism industry. Africa is facing a tough time economically and they are trying their best to fight back this economic crisis. They focus on the hotel management sector and try to develop this industry. A hotel is not only a place of accommodation, it is always more than this. Building a hotel means creating opportunities for new jobs and it boosts the regional economic activity in general. History           The history of African hotel industry is not very old. It was started back in 1960 with the declaration of their independence. However, the development of hotel industry comes to a standstill due to the lack of investment. Another reason behind this standstill is the investors moved ...
How To Get Started Importing Goods Into South Africa
South Africa News

How To Get Started Importing Goods Into South Africa

Many business owners across the world want to import goods into South Africa. Unfortunately, many of these business owners are discouraged by South Africa's complex import process, rules and regulations. For this reason, new-to-market importers like yourself refrain from bringing goods into South Africa. In turn, you miss out on profitable business opportunities. If you want to take advantage of the business possibilities South Africa offers, read this post and learn how to import into South Africa. Review Prohibited Items In order to import into South Africa, you need to review prohibited items. The South African government forbids certain items from being shipped to their country. At the same time, they rely on importers to ensure that the goods coming in meet their standards. Popular it...
The impact of Brexit on South Africa and Africa
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 ...
A Thorough Assessment of Johannesburg – The City of gold
Africa Travel, South Africa News

A Thorough Assessment of Johannesburg – The City of gold

Located in the second largest continent Africa, Johannesburg is the largest city of South Africa. It is the most populous city of South Africa as well. It is known as the city of gold, the modern day El Dorado. Popularly known as the home town of great leaders and activists like Nelson Mandela and Desmond Tutu, Johannesburg is a perfect place to visit.  City of Gold  Johannesburg is known as the gold city due to the massive gold deposit. During the end of the 19th century, it was open for public digging. Gold trade always existed there and has made it own place for centuries. It attracted many migrant workers due to the gold mine. After a few years, the gold deposit went under the control of mining companies. These companies were responsible for the construction of some famous buildings of...
Investments into the South African hospitality sector
Africa Travel, South Africa News

Investments into the South African hospitality sector

JLL has released its 2019 SA Hotel Investment Outlook report forecasting that R1.9 billion will be invested into new hotels, and around R6.9 billion in total over the next three years. This translates into 3,900 new rooms across South Africa. The report highlights that there has been a clear shift in the way that capital is being deployed into the hotel sector, with a number of opportunistic and disruptive activities driving this increase in development activity. Despite the uptick in new development, the hotel sector has not been spared from poor macro-economic headwinds in recent years and performance has been challenging, with revenue per available room declining 1.4% for during 2018. Poor levels of business confidence and pressure on government travel has been the primary reason for th...
Friday@Noon on Manufacturing in Africa: 2018
Business, Ethiopia News, Kenya News, Main, Rwanda News, South Africa News, Uganda News

Friday@Noon on Manufacturing in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Manufacturing in Africa Manufacturing and industrialisation are the current buzzwords for transforming Africa’s economies. In order to reduce any dependence on the extraction and sale of raw commodities, it does make sense to diversify Africa’s economies. African economies do seem to struggle with growing and developing their manufacturing sectors and to increase this sector’s contribution to their GDP’s. In addition to the challenges stated below, we do find that cheap imports from abroad complicate the process even more. These cheap imports range from cheap steel products from China (upsetting steel manufacturing in ...
Ethiopia News, Main, Mozambique News, South Africa News, Sudan News, Tanzania News

Friday@Noon on Mining in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Various mining initiatives and challenges occurred during 2018. Below is a snapshot of some of it. This is by no means an exhaustive list. Tanzania Tanzania wants to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector. It adopted new regulations, which now make it compulsory for foreign-owned mining groups to offer shares to the government and local companies. A contractor, sub-contractor, mining company or other allied entity must maintain a bank account with an indigenous Tanzanian bank and transact business through banks in the country. The in...
Botswana News, Ethiopia News, Kenya News, Main, Mozambique News, Nigeria News, South Africa News

Friday@Noon on Regional Integration in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Regional integration has become a high profile intervention and is seen as the route to economic integration and increasing intra-African trade. Some commentators are of the opinion that Africa must secure its own share of global economic growth and sustain the economic growth of Africa itself. The greatest opportunity for doing this, is Africa’s ability to trade and do business with itself. Improvements to fiscal policies, governance and regulatory frameworks, along with a move to diversify economies away from Africa’s traditional commodities-biased economies, present great opportunities to foreign investors. Africa’s...