Thinking in a vacuum is not a good approach to thinking about your next big idea. The best way is to fully immerse yourself in the world. Here are three tips on ways to do this: 1. Keep a list of opportunities 2. Hunt for ideas in diverse places 3. Notice how others solve business problems Source: Entrepreneur Magazine Read...
The director of OECD development centre predicts a 3,4% economic growth for the African continent. The key driver of this growth is predicted to be internal demand, due to the unfavourable international situation which limits foreign direct investment and trade prospects. The importance of industrialisation strategies is emphasised and there is a need to...
When begin your entrepreneurship journey, you are often required to wear many hats. This can prove to be an overwhelming experience for the best of us. Leveraging technology can help you manage your efficiency and your busy schedule. They have listed the 10 top digital tools and online services that will come in handy. Source:...
Domestly is a South African start-up that launched in 2015. Their app aims ti connect users to reliable cleaning services similar to that of SweepSouth. The app enables the user to select a professional domestic cleaner, based on reviews, experience etc. Other app features include the ability for the user to track completion of...
One of the biggest consequences of an unbanked population is that they are unable to participate in the formal economy. This is a problem across the African continent, for South Africa in particular - of the 70% of adults with bank accounts, only 24% make more than 3 transactions monthly. This translates to a poor...
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Dion de Graaff, Chief Operating Officer at The Twinsaver Group, highlights a number of mistakes that SMEs make and how they can overcome certain barriers to achieve sustainable growth: Redesign your strategy - SMEs often fail to clearly outline their strategy and very often the strategy is not adaptable to a dynamic market Ascending...
The report highlights two key demographic and macroeconomic factors as well as consumer spending habits that will drive the retail market in Africa. Fast moving consumer goods (FMCG), will remain a large part of the market, due to spending habits of the extremely poor consumers in Africa. There is an opportunity to offer higher...
Adrian Dommisse from Dommisse Attorneys Inc, an attorney who specializes in corporate finance and general commercial contracts, highlights the legal aspects concerning name reservations including: It is not necessary for a company to register a name when registering their company, however business owners need to be mindful of not 'encroaching on someone else's territory'....
South Africa still grapples with issues concerning gender inequality. On a global level, the facts show that even though women are prevalent in global workforce, education, employment and wealth indicators still favor their male counterparts - there are parallels to South African trends. A panel of South African panelists discuss this disparity and have highlighted a...
