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Think local and regional to sustain scaling South African enterprise growth - Journal Today Web https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197730&_unique_id=66e3866d4fd2d #GLOBAL - BLOGGER BLOGGER With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing

guarantees from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s … Read More

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Think local and regional to sustain scaling South African enterprise growth - Journal Today Web - BLOGGER https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197726&_unique_id=66e386690e515 With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing guarantees from

home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg #GLOBAL - BLOGGER With many SADC coun... BLOGGER - #GLOBAL

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Think local and regional to sustain scaling South African enterprise growth - Journal Today Web - BLOGGER https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197725&_unique_id=66e38667c741c With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing guarantees from

home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg BLOGGER - #GLOBAL With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s … Read More

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Think local and regional to sustain scaling South African enterprise growth - Journal Today Web https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197723&_unique_id=66e38664ea2c2 With many SADC coun... BLOGGER - #GLOBAL With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally,

securing guarantees from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg #GLOBAL - BLOGGER With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s

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Think local and regional to sustain scaling South African enterprise growth - Journal Today Web - BLOGGER https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197721&_unique_id=66e386627fb52 With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing guarantees from

home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg Think local and regional to sustain scaling South African enterprise growth - Journal Today Web - #GLOBAL BLOGGER - #GLOBAL

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Think local and regional to sustain scaling South African enterprise growth - Journal Today Web https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197719&_unique_id=66e38544cd59a #GLOBAL - BLOGGER BLOGGER With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing

guarantees from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s … Read More

[mailingukaddress]

South African Postal Address Example

Postal addresses, also known as postal codes or zip codes in many English-speaking countries, are a series of numbers, sometimes including spaces or punctation, used for mail sorting and delivery purposes. In South Africa, a postal address is generally made up of an area code, suburb name, street name and number. The country is located at the southern tip of Africa, bordered by the Atlantic and Indian Oceans. Its neighbours are Namibia, Botswana, Zimbabwe, Mozambique and Swaziland.

South African addresses are usually written in English or Afrikaans, with a hyphen between the first and second part of the town name. For example, Pretoria is known as Tshwane, while Johannesburg is Joburg. Some town names, however, do not have a hyphen, such as the Cape Peninsula city of Cape Town.

In South Africa, a postal code is a four-digit block of numbers, often starting with a 4, which determines the type of service required. The last two digits indicate the method of delivery. For example, a code of 6000 indicates a PO Box (or Private Bag), which is common in rural areas where street delivery is unavailable.

The South African postal system is based on five large regions, with the city of Johannesburg as its administrative centre. The city is divided into a number of suburbs, such as Yeoville, 43 Cavendish Road. These suburbs are geographically distinct from the city of Johannesburg, and it is customary to write only a suburb when sending mail to such an address, rather than the city itself.

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Uk Mailing Address – ​​​Blogger

[postaladdressexe]

What's a South African Postal Address Example?

South Africa is a country at the southern tip of Africa. It borders Namibia, Botswana, Zimbabwe and Swaziland in the north and Mozambique and Lesotho in the south.

Postal codes are one of the most important parts of a South African address, according to the South African National Standard for South African addresses. They are used to help deliver mail, including letters, utility bills and courier parcel deliveries.

Generally, there are four digits for each postal code in South Africa, with the first two indicating a postal area and the last two referring to a post office. However, for some purposes, it may be advisable to use two or three digits.

This is particularly useful for rural areas that do not have street delivery. In these cases, it is often necessary to use a PO Box.

Many large organisations also use Private Bag addresses, in which mail is sent to the holder by a company that manages mail services for them. In these cases, the last digit of the address is "01".

What's a South African Postal Address? In South Africa, people generally have both a residential and a postal address. The residential address is usually your home address, and it is used to receive things like letters and utility bills.

The postal address is sometimes the same as your residential address but it can be different, depending on where you live and what service or delivery is required. The postal address is used for a range of services such as courier parcel deliveries, and it is also necessary to have a South African postal address when you wish to open a bank account in South Africa or obtain an identity document.

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[othothe]

'Generation Us'

Collaborative consumption" is born from the view that "what is yours is mine" it dwarfs the old "me" economics and encourages shared spaces.

[plumeetprose]

« Lekhotloane » ou le boeuf pilé sur lit de morogo aux pommes de terre . « Cuisiner suppose une tête légère, un esprit généreux et un coeur large. » #PaulGauguin . Originaire du Lesotho, le « Lekhotloane » est un plat traditionnel africain composé de bœuf bouillie et pilé puis, cuisiné dans des oignons et un bouillon de boeuf. . Réalisé à la manière du #Seswaa de #Botswana puis, mijoté dans un bouillon de boeuf agrémenté d’oignons, le #Lekhotloane est généralement servi avec du morogo (épinards sauvages africains) et des pommes de terre. _____________________________ À l’occasion de la fête nationale lesothonienne, j’offre cette recette découverte sur la chaîne de « Cliffieland » à @latendresseencuisine dans #CuisinerPourLaPaix _____________________________ Ingrédients (4 personnes) : => pour le Lekhotloane : – 500g de poitrine de bœuf, – 1 litre d’eau, – 1 filet d’huile, – 1 oignon, – 1 cube de bouillon de bœuf, – Sel et poivre. => pour le morogo aux pommes de terre : – 1 bouquet de morogo, – 4 oignons verts, – 4 pommes de terre moyennes, – 1 cuillère-à-soupe bombée de beurre de cacahuète, – Sel et poivre. ___________________ La suite en commentaire ___________________ #Blogger #RecetteSimple #CuisineSimple #Citation #CitationDuJour #FeedFeed #FoodInstagram #InstaFeed #Funn #EasyRecipe #TheFeedFeed #InstaYummy #Eaaats #InstaGood #InstaFood #Foods #InMyKitchen #FoodOfTheDay #Blogueuse #RecetteFacile #Foodies #InstaPic (à Lesotho) https://www.instagram.com/p/CF6Ok3aDqdZ/?igshid=9xgmxosl3wnf

[lyricalafrica2]

Roaming Alone...

Having idled a couple of days at Maun Rest Camp, I decided I needed to make a move to see more. My run along the dry river bed that morning brought so much home.


I was meeting up with friends that evening and they said I was more than welcome to stay with them, which would save me packing up my tent in the dark before I caught the 7.30am bus. Typically it didn’t leave until 8.30, but you kind of get used to that.

Heading for an over nighter on the mgadigadi saltpans and excited at the thought of seeing wild meerkats on the planes. I got to Gweta with plenty time to spare, so I sat around the lodge from where we were to be collected. It was hot and dry.


The lodge owner knew my friends from Maun and after passing on their greetings later that morning as him and his wife sat entertaining at the bar, they invited me to join them. He was only from Hartlepool, an ex union rep. Seriously, everywhere I go….. they poured me a large Sauvignon Blanc and I sat there chatting, in fact perhaps for slightly too long. Before I knew it, someone came up to me and advised the jeep had left without me. Obviously not so good at the headcount thing! I’d already met some of the ladies who were booked in for the same trip, all from the Netherlands. Funnily enough it transpired that all had met on previous trips and had known each other a minimum of a year and some much longer. It was a nice group to share the trip with as it transpired. All very chatty.

As we made our way through the bush and scrub, the usual donkeys and goats tripped around the landscape. Even a few horses. We stopped a couple of time so that the guide could explain factss about the mophane trees and the baobabs, I can’t help but be impressed by these amazing trees, sadly in taking so long to become established, their numbers have been dwindling. Such broad trunks and tapering branches, and roots that look like they’re often carved out into organic human forms, like sprawling legs and torsos.

We found the meerkats just before the sun started to set in the sky and just as the white glimmer of the pans were coming into view. Cheeky, curious, they’ve become habituated to human presence, but not enough to approach a stranger. My bubble burst of lying flat on the ground snapping a way and having one keeping sentry on my head.

They weren’t a big group, maybe around, seven or eight, with the younger being more cautious than the elders. There had apparently been a group of thirty or more, but in that size group they tend to split and form separate packs.

We watched them for around half a hour sitting up on their hinds, keeping a look out, scurrying around and stopping to dig dig dig. They feed generally on scorpions and small rodents and snakes. Hardcore for ones so cute! We tracked them on foot for a while, until the guide became bored. He wasn’t the best in his general approach and some things seemed a little rushed.

We made our way to the edge of the pans and he dropped us there, pointing out the direction of the camp. We had to walk it, I made sure I changed out of my sandals which were beginning to rub over my toes. Last thing I wanted was raw, bloodied wounds on my feet.

As we stepped out of the jeep, the dry salty crust crackled and cracked beneath our feet. It was so desolate ahead, I kept turning around to to watch that great orange orb, sink lower towards the earth, turning the surrounding sky all shades pink and orange, indigo with those accents of glimmering gold around the edges of the sun and the clouds. And in the blink of an eye, it bowed its head and disappeared. I find it incredible the rate at which the sun finally sinks blow the horizon.

We slowly made our way closer to camp, stopping to take pictures of the very moonscape like earth and the horizon. It was a very quiet experience, very peaceful.

When we got to camp, we unloaded our bags from the jeep which met us there. I eventually rediscovered my phone, which I’d evidently put into a side pocket for safe keeping and we were shown around. Our dorm…. 5 beds, a firm block covered by a a proper bivvy bag, zipped right up. Underneath, plenty comfort with a double duvet and pillow, then off to the left of there, around 50 meters or so was the loo with a view. A three sided cubicle with a longdrop. There was a sink with a canister of warmed water and various hand soaps, lotions and a towel. Another batheroom was way off to the right of the campfire and dining area. As it got dark, candles placed in paper bags were lit all around the landmarks, lighting the way.

A dinner table and serving area had been set up where we were served potato soup and bread, they made popcorn for me. A vegetable “curry”, perhaps more akin to a Mediterranean stew, heavy on the paprika and chunkily cut carrots. And for desert some kind of cake and custard, but for me a tin of fruit salad in syrup. And for breakfast, a tin of fruit salad in syrup. I’m not one to live out of cans, pineapples, avos and oranges were so abundant, but when in Rome…(or on the pans). Still, I graciously consumed the tinned fruit in its cool sugar syrup.

After dinner we sat around the campfire chatting. Before I left, Terry the lodge manager mentioned that if I got a chance I should take a walk after dark. He said walk away from the camp on your own, go as far as you dare, you won’t get lost as you’ll always have the campfire to guide you back. Only when I returned the next day did he tell me he’d often told others to do the same, waited till they were far enough away, then extinguished the fire just to get them going. The thought made me chuckle, but he wasn’t there to pull the prank on me!

It was certainly what I needed though and very much gave me that sense of being that tiny little life amidst an amazingly vast landscape, looking up and out into the dark sky strung like a Christmas tree with a complex of stars and constellations, the Milky Way hanging there like a voile. A spectacular experience. It was unnerving yes as I moved towards the edge of beyond, I occasionally stopped so there wasn’t even the sound of my footsteps crushing the salt beneath. I could still vaguely hear the chatter of camp, so I decided to push on. I think I maybe walked around ten minutes each way. At my destination, all I could hear was that piercing buzz of silence in my ear. Looking around nothing distracting my mind, just feeling utterly in awe of the planet we live upon. I stood there a while before deciding to head back to camp. Surprisingly it was more unnerving walking back towards the light of the campfire. I can only surmise that as you walk away from the light, it has your back; but as you walk towards it, the darkness is behind you, the unknown. We all have things that we need to walk away from, people, circumstances, places and sometimes fear holds us still. Going above and beyond that helps break that resilience down. Believe you will be ok, believe that you got this and invariably you will be absolutely fine.

I awoke very early, but decided I was too cosy to budge, so went back to sleep. I eventually came to again to find my fellow camper Isabelle already snapping away, taking pictures of the sunrise. An opportunity not to be missed.

Breakfast was eaten around the same dinner table as the evening before, we packed up and loaded our belongings into the jeep and managed to persuade the guide to let us walk back to the edge of the pan. We took many more photos, stopping to strike our seemingly appropriate yoga poses along the way. I was a little sad to leave, but equally, I suspected as the mid day sun crept in, it would become unbearable with no shade. If the scorched cracked earth was anything to go by, it wouldn’t be so great for us either.

En route back we spotted wild ostrich, and a group of vultures huddled together warming up under the new day’s sun. Quite a sight!

The guide didn’t afford us much time to stop and see anything and before we knew it we were back at the lodge. I found my tent and having decided to stay there for an extra night, put it up in the camping ground. I was on my own, not one other neighbour. Only a little later the owners offer me a room, so off I went to dismantle my little pop up residence and relocate to the cooler climes of a comfy room. I had a dip in the pool and snoozed off and on for a few hours feeling quite content, joining the girls for a natter and saying goodbyes as they were off early the next day for more exploring. They’d come down from the Boteti river to Gweta, definitely on my list of to dos with such an epic zebra migration going on!

Later on I rejoined the owners and some newly arrived friends at the bar. The gentleman - a fairly prolific guide throughout Botswana and Kenya and his wife a practicing artist. A lovely and very interesting couple. It was on this mans advice that I found a doctor to consult on my newly planned trip to Kasane. I’ve had a lump growing for a few months now, unexplainable. I’ve gone from believing it was a tarus to (a hard honey growth in my gum), to seeing it appear more visibly beneath my cheek bone. And so the very next day, come midday, I decided that I’d take the bus to Kasane and see the doctor the day after.

The journey from Gweta to Nata wasn’t so bad. Maybe an hour or two. I stood waiting for another hour for a bus to Kasane, before I was alerted to a lift in a car which would depart sooner. There were five of us, I was one of three crammed into the back of the small car, the passenger and driver seats were pulled right back restricting the passengers leg room. It was hot, exhausting and unpleasant, I’d already made up my mind I didn’t want to be putting my tent up in the dark, so I’d booked a safari tent at the lodge I was going to stay at overnight, luckily it had a en suite bathroom. I unloaded my luggage from the car and snapped “patience!” at the driver as he pestered money, money, money. Could he not see my hands were full of bags? I’ve had my fair share of male african attitudes, I can’t be so generic to say that they are all the same, but in seeing so much opportunism and often fairly derogatory approach to women, given certain moments, even I occasionally cannot humour them and vocalise my annoyance in the way I’ve been spoken to or treated.

When asked about the way I was making my way around Africa, someone asked me if it was safe, if I trusted the locals? I said they were only human, like you and I, that is just basic common sense and acceptance, you do however like anywhere come across characters who you would rather just have not come across. Sadly I have come across a few too many. A girl can only take so much aggressive coercion, deception and assumption.

So after a couple of lonely glasses of wine at the bar, I made my way back to my tent and settled down for the night.

The next morning, I woke with a plan to visit the doctor. It was relatively easy to get to there via taxi, but I wasn’t prepared for what he said next. I was basically told I needed to go to Francistown the next day to see someone at the hospital who would remove it. It needed analysing and the results should be in by the following week I was reassured. I was still exhausted from the previous day’s journey and the thought of having to repeat that again so soon had me in bits and that was despite the thought of what might have been going on with my body. I’m aware of the human\my ability to catastrophise, but when you are thousands of miles away from home and facing something that may or may not be serious, it’s nice to have someone there to hold your hand and this time I was alone. Not wanting to scare anyone and knowing the diplomacy I needed, I whatsapped one of the only friends that I felt would deal with this practically and emotionally. In tears, I broke the news, I really did just need to get it out of my system. Come that afternoon, I was on my way back to Francistown for the operation the next day. I checked into a the hotel, who had a mix up as the system was down. They told me they had nowhere for me to stay, until I suggested they provide a taxi for me to get to another suitable place to stay. Suddenly the management were on the phone, apologising and granting me a room. I settled down to watch a movie on Netflix with a takeaway salad and did my best not to think. - perhaps I sound like a bit of a madam? I sometime reread things and knowing myself and my lack of boundaries in usual circumstances. Being away and dealing with the unknown I can be naive, but equally I know I need to look after myself. Call it survival mode if you will.

Up early the next day, I did a brief workout before leaving for the hospital. My details were taken and I was led over to a clinic on the other side of the street, where I waited to be seen. The doctor checked me over and said that it definitely needed to be removed, but thought the growth was infected so wanted to put me on antibiotics to see if it made a difference and then see me again in two weeks. So a 1000km round trip for a packet of doxycycline and an very expensive pair of latex examination gloves later, I left the clinic, disheartened and still tired, physically and emotionally. I did what I always do in those circumstances, go find decent coffee.

I headed through the less desirable part of town in the direction I suspected that the bus depot and main shops were. Along the way acquiring a middle aged man with a hobble, who evidently saw his entitlement from a younger lady walking down the street. I wasn’t comfortable, he wasn’t particularly endearing or pleasant and as much as I sped up, I could hear his footsteps just behind me. It was the last thing I needed. I eventually saw the mall and made a left turn, as did he. I stopped to cross the road as he did, he followed me all the way into the main forum. I saw a clothes shop and seeing my chance to escape, ducked in, as did he, until I turned around and audibly said “would you stop following me! “ The shop assistants turned to look, as did a few customers and before I knew it, he was gone. My advice, as a woman travelling alone, stand firm, make a fuss if need be, don’t tolerate intimidation and yes, make sure you know your directions and know your safe spaces!
Thankfully, he never found me again that day. I had my coffee, picked up some snacks, then had another before deciding that I would head back to Kasane, but I would break it up a little by going via elephant sands. This was two hours away, doable in a less trashing way.

I booked the local coach and was dropped on the main road a couple of kilometres from the camp, from there I was picked up by a friendly member of staff. As we drove into camp I was greeted by my first glimpse of the elephants, quenching their thirst at the watering hole. I couldn’t dump my bags quick enough! I grabbed my camera and phone for back up and immersed myself in capturing their presence. Even while others went to dine, I sat there on the edge of the boma, observing, photographing and awe struck. I find these beautiful beings funny, endearing highly emotional and intelligent in their orderliness. Taking in the way they were in some kind of rotation at the watering hole, with elders giving gentle or sometimes rather aggressive nudges to move others back, or take up positions of sentry. I saw an elephant stumble as he was pushed accompanied by a loud trumpet call.

All got a chance to fill their trunks and at most times, their was one member on the periphery observing. Their dexterous trunks are like a multi tool used to suck up water like a straw before folding it into their mouths, or fondling another affectionately. They even trail their trunks along the floor to loosen the grass, so it is easier to grab and go. I sat there in the breeze for as long as I could, watching, hearing the pop pop pop of their bubbling gas until I got so cold I had to duck into the bar area for shelter. I sat there a while chatting with the bar hostess, she was called Sarah too and had only started a couple of weeks ago. She admitted that everyday she worked there, she feared for her life. Eventually we were joined by a man and his friends called Billy. As the conversation progressed, Billy turned out to be a tour guide, who ran his own tours around the world by motorcycle and only lived in Whitley Bay!! We regaled about life in the North East and the Ouseburn of course! We sat talking long after everyone else went to bed. He kindly walked me back to my hut, flashing the torch around to find any shining eyes, picking up on what we thought was a civet.

As I got ready for bed, I sensed it would be a while before I warmed up as I grabbed the duvet and an extra blanket from the bed next to me to insulate myself further. Eventually I drifted off in my little cocoon.

I woke in the middle of the night, only to find a bird had got trapped in my bathroom, startled by my presence he kept making bid for freedom, but running into walls and never quite finding its way out. He may well have got in through the front door during the night, I woke a couple of times to find it standing wide open, despite forcing the latch back in, the wind was seemingly forcing it back out. It made me laugh, there were hyenas, leopards and lion in the area, and even a tent had a zip up door….

I woke early to catch the sun coming up over the landscape, but lazed a while until I felt ready to leave. I’d been aware of encounters of the close kind for most of the night. Always excited, not so much scared. I got ready and went in search of coffee. It was cold and windy, even clutching my cup close in my usual way didn’t provide sufficient warmth.

My mind turned to the lump on my face. The unknown. The if’s, but’s and maybe’s. I was so cold, was that why? Did I have a temperature? I decided to go back to bed and try to get warm. Despite a couple of visits from the cleaner who seemed a little concerned about my need to sleep, I stayed there until just gone eleven. Sarah from the bar, popped her head in to reassure me that it was getting warmer. I crawled out from my little nest and tentatively left my hut.

Not long after I sat done on the boma, a man came over to chat and introduced himself as Alasdair. He was a film maker from S.A, but who had lived in various countries on the African continent. Very interesting! We exchanged brief histories and he said if I should need anything then I should ask for him if he wasn’t around at the time. “Most” of the people I’ve met have been so lovely and so in it together. He suggested if I needed medical treatment that Johannesburg might be a good option!

I spent the rest of the day watching the elephants come and go from the watering hole. First to arrive having sensed today’s delivery of piped water was an elederly bull, with a half tusk on his right side. He came hastily padding through camp in an almost comical way. The others started arriving sporadically. Not only was I more absorbing of their general behaviour today, I also started taking in their quirks, their individual personalities and features. Like the bull who liked to rest his trunk over his tusk. Another had a puncture in his right ear and another had the most raggy added ears I’ve ever seen.

I had a conversation the other day about Botswana’s overwhelming elephant population. They’re safer here as poaching isn’t tolerated, hunting isn’t allowed and so the species are graduating over the boarders from neighbouring countries. They have attempted population control with shoot to kill operations using the military, (which is tarring Botswanas reputation), but as I’ve discussed without condoning this form of control, their is an increase in clashes between the elephants and the people in vulnerable communities due to their surge in numbers. Elephants can be destructive and in particular when there is such a notable water shortage, it almost amplifies it.

At one point it was thought that removing the matriarch was a good way slowing the growing number, however that had its own problems. Elephants rely on the matriarch for guidance and regulation, take her away and it often results in a lot of unruly teenage bulls who’d never been taught how to behave, almost rebellious and exceptionally dangerous. They needed their mum for that essential socialisation, the matriarchal wisdom passed down from generation to generation that keeps the herd safe.

All said and done, they appear to be a lot safer here, but it would be nicer still for people to wake up and give animals the rights they deserve, the acceptance and find a solution that served more than just man, a solution that sees everybody winning and everybodies needs accounted for.

All I have to say is that I can’t get enough of their lumbering loveliness. They’re such a joy!

Elephants Sands is a fabulous place, but the dependency that it is breeding on this pumped in water supply can and has caused problem if it hasn’t arrived. They’ve been known to go digging up pipes, drinking water from the ablutions and all sorts. They even turn off the water supplies over night to try and avoid such behaviour.

Hold up for more pics to come....😎💫

[companyknowledgenews]

Think local and regional to sustain scaling South African enterprise growth - Notice Important Web https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197722&_unique_id=66e38663b7c90 #GLOBAL - BLOGGER BLOGGER With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing

guarantees from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s … Read More

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Think local and regional to sustain scaling South African enterprise growth - Notice Important Web - BLOGGER https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197718&_unique_id=66e38543ab842 With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing guarantees

from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg #GLOBAL - BLOGGER With many SADC coun... BLOGGER - #GLOBAL

[technologycompanynews]

Think local and regional to sustain scaling South African enterprise growth - Notice Important Web - BLOGGER https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197716&_unique_id=66e3854159d78 With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing guarantees

from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg BLOGGER - #GLOBAL With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s … Read More

[onlinecompanynews]

Think local and regional to sustain scaling South African enterprise growth - Notice Important Web https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197713&_unique_id=66e3853f4bceb With many SADC coun... BLOGGER - #GLOBAL With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally,

securing guarantees from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg #GLOBAL - BLOGGER With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally South Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s

… Read More

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Think local and regional to sustain scaling South African enterprise growth - Notice Important Web - BLOGGER https://www.merchant-business.com/think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/?feed_id=197710&_unique_id=66e3853d7eb00 With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionallySouth Africa’s economy grew at a modest annual average rate of 0.3% to 2% from 2021 to 2023. In contrast, the Southern African Development Community’s (SADC’s) economy expanded at a faster pace, with average growth rates ranging from 2.5% to 4%, according to the World Bank, International Monetary Fund (IMF), and United Nations. Leading SADC economies included Botswana, Mozambique, Zambia and Tanzania, experienced more robust growth, ranging between 3.5% and 6%. Other countries worth noting included Angola (which grew by between 3% and 4%), and Malawi (about 4% annually). Given these figures, a regional approach offers greater growth potential for South African businesses, particularly small and medium-sized enterprises (SMEs) looking to scale in the next three to five years. As the South African domestic market remains highly competitive and dominated by larger, more established enterprises, the SADC region presents untapped opportunities for expanding businesses to grow sustainably.Digital Products Why a regional focus is keyIn South Africa’s mature and predominantly oligopolistic market, competition for limited resources will be fierce, with procuring teams typically awarding opportunities to larger and more established organisations. For smaller enterprises, this creates a tough environment where the odds of breaking through are slim. The larger players are often seen as “safe bets” for procurement, suggesting smaller companies will need to go the extra mile to prove themselves and avoid costly mistakes to stand a chance over the longer-term. Given this context, many SMEs face significant barriers to growth domestically. In contrast, the SADC region offers a more favourable landscape for expansion. But this comes with problems, including differing regulations, business environments and socio-cultural dynamics. Setting up in a new country involves significant costs, and mistakes in regional expansion can jeopardise not only the venture abroad but the company’s operations in its home market as well. For this reason, collaboration with local partners in target markets is crucial.Partnering with a local enterprise can provide a South African business with vital knowledge, networks and trust within the host market. By teaming up with a host nation local partner, a South African SME signals its long-term commitment to the region and creates mutually beneficial relationships that support both businesses’ success. But partnerships should be approached with care and thorough due diligence. Assessing the prospective partner’s track record and gathering referrals from trusted sources can mitigate such risks. It is also essential to carry out commercial, legal, and financial checks to ensure a sound foundation for collaboration.Financing regional expansion is another critical challenge. While SADC has yet to establish itself as a cohesive trading bloc, making regional funding options limited, donor agencies currently fill part of the financing gap. But donor funding is finite and cannot support widespread growth. The SMEs seeking to scale up must look to development financiers, despite most of these institutions preferring to usually lend to larger, established companies with proven financial stability. For smaller businesses, gaining access to capital for regional expansion requires presenting a compelling case for commercial viability. Companies must demonstrate solid revenues, profitability and the ability to repay loans. Additionally, securing guarantees

from home markets can be complex, leading some businesses to seek funding within each country they plan to expand into. As a result, local partnerships will again be beneficial here due to them providing some of the local credibility needed to secure financing from host country banks or co-financing arrangements between regional and South African lenders.When expanding regionally, SMEs should focus on their core strengths and adjust only where necessary. Trying to diversify too much in unfamiliar markets can lead to failure. Instead, businesses should leverage their existing success while tailoring their approach to local market nuances. For example, a refrigerator manufacturer looking to expand into a regional market where most consumers are weekly wage earners might adjust their product mix to offer more units at affordable price points for these consumers. This adjustment ensures the company stays true to its core business model while catering to local market conditions.Digital Products Sectors with regional growth potentialGiven the SADC’s diverse economic landscape, several sectors offer significant growth opportunities for South Africa’s scaling businesses. These include:Agriculture and agro-processing: SADC countries are heavily reliant on agriculture, and there is significant potential to introduce and progress modern farming techniques, equipment, and agro-processing capabilities. South Africa’s established agribusiness expertise can be leveraged to build scalable ventures across the region, where food security and value-addition are priority areas.Renewable energy: With many SADC countries facing energy shortages, the renewable energy sector provides the needed recourse. Scaling South African businesses can, therefore, provide solar, wind, and other renewable energy solutions regionally, benefiting from lower production and import costs and favourable regulatory frameworks across some SADC countries.Light manufacturing and distribution: Manufacturing capabilities in South Africa can be used to produce goods that can be distributed across the region. By setting up local distribution hubs and manufacturing centres in neighbouring countries, companies can cut costs and serve regional markets more efficiently.Retail and digital services: As mobile and internet penetration rises across the SADC, digital services, particularly fintech, e-commerce and logistics present significant opportunities. South African companies can offer scalable digital platforms that cater to regional consumers and businesses, expanding their reach beyond the local market.Based on the above, focusing on regional opportunities in the SADC presents a viable pathway for scaling South African SMEs facing a depressed local economy. Key to success will be strategic partnerships, securing adequate funding and remaining committed to core strengths while adapting to local market demands. As SMEs navigate these opportunities, learning from larger enterprises and following a carefully planned regional strategy will ensure sustained, long-term success.James Maposa is the managing director at Birguid.“The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services…”Source Link: https://mg.co.za/thought-leader/2024-09-10-think-local-and-regional-to-sustain-scaling-south-african-enterprise-growth/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/stock-photo-think-global-act-local-symbol-torn-orange-paper-with-words-think-global-act-local-beauti.jpeg Think local and regional to sustain scaling South African enterprise growth - Notice Important Web - #GLOBAL BLOGGER - #GLOBAL