Estie, Author at Consumo Publishers

South Africa’s expected growth to 2020

South Africa’s economy is forecast to tick up to 1.1% in 2018 from 0.8% in 2017, according to new data published by the World Bank.

“The recovery is expected to solidify, as improving business sentiment supports a modest rise in investment. However, policy uncertainty is likely to remain and could slow needed structural reforms,” the bank said in its annual global economic outlook for 2018.

South Africa’s gross domestic product (GDP) rose by 2% in the third quarter of 2017, following an increase of 2.8% in the second quarter, StatsSA said in early December.

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Estie2019-01-27T17:05:54+02:00January 27th, 2019|General management and CSR|

Human Intuition Is the Future of Innovation and Entrepreneurship

Many venture capitalists and technologists talk about artificial intelligence, big data and how everything from systems to objects are getting smarter. Devices talk to one another, and people are learning how to talk to devices. Google Home, Alexa and Siri are just a few examples of how spoken language can help automate our lives to get things done more quickly. Businesses are evolving, too. Objects gather information, software is developed to make decisions, and our virtual assistants make sure it all runs smoothly.

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Estie2019-01-27T17:03:26+02:00January 27th, 2019|Entrepreneurship, Human Capital|

9 Entrepreneurs Share Their Thoughts on the Future of Entrepreneurship

Every waking day, we are having tremendous changes in regulations and technology which greatly affects the way businesses operate. Some entrepreneurs will say the future is definitely bright but to others, some of these changes are meant to work against their expansion and business operations. Additionally, there’s growing empowerment and embracing of individuality which motivates more people to begin their entrepreneurship journey. But the big question, what’s the future of entrepreneurship?

We asked entrepreneurs their thoughts on the future of entrepreneurship and here’s what they had to say;

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Estie2019-01-27T17:02:08+02:00January 27th, 2019|Entrepreneurship|

20 Small Business Trends and Predictions for 2019

Another year is on its way out, offering entrepreneurs an opportunity to reflect on the past year, with all its peaks and valleys, and plan for the upcoming year with those lessons in mind. Of course, business operations don’t happen in a vacuum, and business trends are always changing. Whether the changes are in technology, marketing, finance or public policy, entrepreneurs need to be aware of all these external factors in addition to their internal operations.

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Estie2019-01-27T17:00:15+02:00January 27th, 2019|Entrepreneurship|

5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

2018 has very much been a year of “epic partnerships”. The Avengers teamed up with the squad from Guardians of the Galaxy to face down Thanos. Prince Harry finally tied the knot with Meghan Markle. Even North and South Korea walked under a united banner at the Winter Olympics.Things have been no less epic on the corporate innovation front. Companies across multiple sectors have launched collaborative efforts to gather disruptive new ideas, harness new technologies, and achieve greater sustainability.

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Estie2019-01-27T16:54:32+02:00January 27th, 2019|Performance of the business|

ETHICAL AND SUSTAINABLE TRENDS 2019

2018 felt like the first year where ethical living really went mainstream. Major fashion magazine Elle dedicated their most important issue of the year, the September Issue, to sustainable fashion, and issues from plastic pollution to palm oil have dominated the news headlines.

Last year I made my predictions for the ethical and sustainable trends to watch in 2018, including plastic pollution, the rise of veganism, major growth in ethical fashion and a bigger push against climate change.

After reviewing the data from 2018, it’s clear that significant progress was made in all of these areas, but these issues aren’t going away any time soon.

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Estie2019-01-27T16:52:37+02:00January 27th, 2019|Environments, Ethics|

How climate change could be driving up your insurance premiums

Sep 23 2018 – Lameez Omarjee

Extreme weather patterns have increased the potential for liability claims, costing both insurers and clients more, an industry expert has warned.

In 2017, worldwide weather events, natural phenomena and large man-made disasters ran up estimated losses of $337bn (about R4.8 trn), according to global reinsurer Swiss Re Sigma. This translated to insured losses of $144bn (about R2.05bn).
South Africa has also contended with the results of extreme weather, such as the Knysna fires, the drought in the Western Cape, and severe floods and storms in Gauteng.

Insurers and reinsurers did manage to pay valid claims. However, the increase in weather events means insurers must be aware of a likely increase in such claims in the future, explains Caroline Theodosiou, director at law firm Norton Rose Fulbright.
Having paid out large numbers of claims, the next step is to recover the monies paid out. According to Theodosiou, this is where […]

Estie2018-10-22T12:01:49+02:00October 22nd, 2018|Investment and insurance, Recources, Syllabus Topics|

oBike launches global business partnership programme

2018 – The oBike

Cape Town – oBike, Singapore’s first homegrown smart station-less bike sharing operator, announced that it has hit a major milestone of 10 million trips globally.

To cope with the demand, oBike launched a franchise-like programme known as the Global Business Partnership Programme (GBPP), inviting interested parties to manage its on-ground operations and maintenance works as business partners.

Based on a revenue-share model, GBPP was established with the objective of harnessing the networks and resources of local businesses to better optimise oBike operations through timely deployment as well as redeployment and maintenance of the bikes. In return, these partners enjoy the support of oBike’s technology, backend systems and product support.

Since starting operations a year ago, oBike has grown to a presence in over 60 cities across 20 countries. Through GBPP, oBike hopes to create a more sustainable and scalable business model, while boosting business and employment opportunities in the respective […]

Estie2018-10-22T12:00:09+02:00October 22nd, 2018|2019 Case Study, Entrepreneurship, Environments, Recources, Syllabus Topics|

Staff happiness is business happiness: Franchising tips from the pros

Katya Stead

Johannesburg – With franchising businesses performing well despite South Africa’s gloomy economy, opening a franchise might be a stellar opportunity for a budding entrepreneur.

Krispy Kreme’s managing director in South Africa Gerry Thomas, founder of RocoMamas food franchise Brian Alriche and ‘living’ brand Ina Paarman all shared their top tips of how to be a successful franchiser at the annual FNB Franchising Summit in Johannesburg this week.

These are their secrets:
1. Select the right franchisor
“We were very firm in our requirements of buying into a franchise,” said Thomas, whose past successes include the Fego and Europa coffee shop brands. “Among our criteria were a franchisor’s pedigree, to be the first to market, as well as social responsibility and financial stability. You also have to be the best in class and have a point of difference are fundamental when investing in a food franchise brand.
“Krispy Kreme’s footprint with emerging economies similar to […]

Estie2018-10-22T11:57:47+02:00October 22nd, 2018|Marketing, Recources, Syllabus Topics|

We visited the first Food Lover’s Eatery in Joburg, and found restaurant-grade takeaways available in 90 seconds flat

Thank you to Adila Tayob for sharing this article with us.

Phillip de Wet , Business Insider SA – Aug 24, 2018, 06:40 AM

Food Lover’s Market just opened its first Eatery store in Johannesburg, in the heart of Sandton, following success in Cape Town.
The choice of food it offers is downright silly – and that’s before you get to desert.
This is not the kind of restaurant you want to sit down at, but it should be deeply worrying fast-food restaurants that trade on speed rather than quality.

The Food Lover’s Market just launched its first Eatery store in Johannesburg, expanding its current Cape Town footprint of three stores. Between them the four outlets are already serving some 20,000 people per day, Food Lover’s tell us – and the way Sandton office workers swarmed through it, that number seems plausible.

We visited this new jewel in the company’s crown, in the horrible The […]

Estie2018-10-22T11:55:59+02:00October 22nd, 2018|2018 Case Study, Entrepreneurship, Recources, Syllabus Topics|

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