Tag: Africa

In an increasingly interconnected world, African businesses find themselves uniquely positioned amidst a complex web of economic, political and environmental challenges. From shifting global trade dynamics to environmental imperatives and rapid technological advancements, businesses today must build resilience as a core capability.

Governance is crucial to economic development across Africa. With enhanced accountability and transparency, the continent can achieve substantial improvements in both the public and private sectors.

The global discourse's broad-brush strokes must make room for the local reality's fine detail.

As international attention shifts to Africa’s abundance of untapped mineral resources to support the renewable energy boom, global players must not be allowed to eat the continent’s lunch. Instead, it is time for local players to step into the fray and ensure that all mining and mineral beneficiation activities benefit local companies, communities and households, argues Dondo Mogajane, the former Director General of National Treasury and new CEO of the Moti Group.

The world remains uncertain. Africa is fragile. Many issues remain unresolved and the African, and global, situation is worsening. South Africa has been at the crossroads for long enough. There can be no more delays, the time has come to address the many critical issues.

Despite the hurdles, opportunities abound in Africa for private equity - but innovation and a long-term approach are needed.

Digitalisation has led to customers having an overwhelming number of choices in purchasing choices, brand selections and generally – everything they do. When presented with too many choices, many customers are likely to make poor decisions and disconnect with brands. When it comes to options, simplicity wins. Companies succeed when they cater to the individual customer and make it easier for them to consume what they want, how and when they want.

“Black man, you are on your own.” – S Biko. What did Biko mean when he said this? Did he mean that putting people with a black skin colour in power would automatically solve all our problems?

Democracy Works explores how we can learn to nurture and deepen democracy in Africa to ensure economic growth and political stability. Making democracy work relies on much more than having free and fair elections. It depends on what happens between elections. It relies on the systems and institutions of government. Very importantly it hinges on what politicians want to do with the power they acquire, beyond the power itself.

Abigail Makhubele Absa Business Banking and Dr Ivor Blumenthal ArkKonsult discuss how the establishment of informal businesses has been driven by necessity for economic survival.