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 […]

Bleak festive season ahead as petrol price spills over R17/litre

Oct 01 2018  – Sibongile Khumalo

A bleak festive season is on the cards if the current rate of fuel increases continues over the next two months, an economist warned following the announcement of a steep hike effective from midnight on Tuesday.“We might face a dim festive season if the current pace of fuel price increases is sustained in the two months ahead,” said Paul Makube, Senior Agricultural economist at FNB Agri-Business.

The Department of Energy (DoE) announced on Monday that both grades of petrol, 93 and 95 (ULP & LRP), will increase by 99 cents and 100 cents a litre (c/l) respectively.

This brings the overall retail price of 95 ULP for motorists in Gauteng to R17.08 c/l and R16.49 c/l at the Coast.
Makube said the latest increase would “place a further strain on consumers and will hurt consumption growth in a weak economy”.
Fuel prices have been rising sharply since March, on […]

2018-10-22T11:51:16+02:00Oct 22nd, 2018|2019 Case Study, Environments, Recources, Syllabus Topics|

How to open a petrol station franchise in South Africa – and how much it costs

Thanks to Tamarin Vorster from Bishop Bavin who kindly shared this article with the Business Studies community via our platform

How to open a petrol station franchise in South Africa – and how much it costs

Staff Writer                                                            10 July 2018
















One of the more resilient industries capable of delivering healthy profits during times of slow national economic growth is the fuel retail industry, says James Noble, a business development manager at Absa Business Banking.
“The industry proved itself to be recession proof. This makes the sector a worthwhile consideration for people thinking of financial independence and wealth creation opportunities as well as existing business owners seeking to add to their growing business portfolio,” […]

2018-07-11T19:42:06+02:00Jul 11th, 2018|2019 Case Study, Entrepreneurship, Recources, Syllabus Topics|

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