Tag Archives: South Africa

Agribusinesses slightly downbeat about SA business conditions (IOL)

The survey was conducted in the final two weeks of November, covering businesses operating in all agricultural subsectors across South Africa. The Agbiz/IDC Agribusiness Confidence Index (ACI) fell by 4 points in the fourth quarter of this year to 49 points after remaining in optimistic territory for nearly three years. Agricultural Business Chamber (Agbiz) chief […]
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SA stocks wipe out 2022 losses after China boost (News24)

Better news from China on Tuesday gave South African stocks the boost they needed to erase their losses for 2022. The main index climbed as much as 1.1% as Chinese markets rebounded, briefly wiping out this year’s declines, with sentiment soothed by an easing in the protests over Covid restrictions that had unnerved global investors. The gains […]
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New GIBS article: The influence of self-awareness on effective leadership outcomes in South Africa By Sharon Fonseca, Hugh Myres and Karl Hofmeyr

Abstract Purpose: Leadership research demands an understanding of what constitutes effective leadership. Self-awareness is described as critical for effective leadership, yet there is little research dealing with the link between a lack of self-awareness in leaders and destructive leadership. The prevalence of destructive leadership is surprisingly common and bears a high cost to organisations in […]
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The biggest threats to business in South Africa right now(BT)

Top CEOs say supply chain constraints, emerging technologies and regulatory risks pose the greatest threats to organisational growth in South Africa. This is according to new data from the African division of financial services firm KPMG and Business Leadership South Africa (BLSA). The CEO Outlook Report for South Africa surveyed 50 top CEOs from various […]
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Grocery retailers and the food market: Trends and future prospects (Forbes)

Ecommerce at the core The COVID-19 pandemic introduced lockdown policies that forced several grocery retailers to shift to e-commerce and offer online shopping and delivery services. McKinsey reported that 20- 30% of grocery store businesses turned to e-commerce at the height of the pandemic in 2020. Although physical stores have resumed operations, online shopping is still a […]
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New GIBS article: Social entrepreneurs’ learning experience in South African incubators-by Aleia Bucci and Jonathan Marks

Africa’s strong entrepreneurial spirit and desire for social change has led to growth in social entrepreneurship and incubation throughout the continent. However, there is a limited understanding of how entrepreneurial learning occurs during incubation. This study explored social entrepreneurs’ learning experience in South African incubators. A phenomenological methodology provided a deeper understanding of their lived […]
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Retailers in South Africa have made changes to help you make better choices – but they need to be careful (BT)

How stores are using AI An example of AI in retail can be seen in the use of facial and voice recognition. The SPD Group, a London-based e-commerce solutions company, has developed a system for product suggestions based on tracking a customer’s location and actions in-store. The system analyses video footage from cameras, identifies customers […]
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Huawei South Africa to invest $5.8-million in SMEs as part of new cloud plans (ITNA)

Huawei South Africa has announced that its third data centre availability zone is set to go live three years ahead of schedule, as well as its $5.8-million (R100-million) Cloud Spark programme, which is set to provide support to more than 1000 small and medium-sized enterprises (SMEs) over the next three years. Both of these announcements […]
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MTN avails R1m to empower women-led SMMEs in SA (VB)

Ten women-owned small, medium and micro enterprises will benefit from a R1 million investment investment from the MTN SA Foundation. This, says the mobile giant, will enable innovation, entrepreneurship, and job creation for women in the digital economy. The inaugural 2022 MTN Women in Digital Business Challenge is specifically for less-established women-owned SMMEs who can […]
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PwC lowers SA’s economic growth prospects for 2022 (IOL)

At the start of 2022, PwC’s downside economic scenario suggested real gross domestic product (GDP) growth of 1.6 percent this year and an average inflation rate of 5.6 percent. PwC yesterday said that its current baseline outlook was for 1.8 percent growth and 6.3 percent inflation, which is not far removed from this downside view […]
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