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25 Best Business Ideas in South Africa Find out who is making waves in many industries and how they manage to differentiate themselves in local and international industries.
Business To Start In South Africa
“Chaos is about taking risks, trusting your intuition and rejecting things the way they should be. Chaos goes beyond marketing, it forces you to think about where you want your brand to go and how to get there,” he said. Richard Branson.
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South Africa has its fair share of innovative and disruptive businesses that are being taken over by local and international businesses. From cutting-edge space technology to reinvented products to innovative business models, here are 25 of South Africa’s most successful business ideas:
Laboutik Spaza does business worth 9 billion rubles a year. They are the backbone of the urban economy, but lack of credit, vulnerability to crime and inability to compete with big business are problems they face every day.
Vuleka, I Am Emerge’s award-winning program, harnesses the collective purchasing power of urban spa owners, allowing them to order products from manufacturers and take advantage of deep discounts.
“This product is cheaper than what we can sell to retailers, so we save time and money,” says Brian Makwaiba, MD of I Am Emerge. “Where there are unqualified positions, we have young salespeople taking orders by hand.”
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I Am Emerge works as a sequel, including negotiating with manufacturers, warehousing orders and shipping purchases. The spaza network of stores covers the three largest cities in Gauteng: Alexandra, with around 500 members, Soweto with over 4,500 and Tembisa with around 2,000.
Tuluntulu’s innovative technology simultaneously manages data speed and video streaming in a way that always preserves the music. This disruptive design delivers seamless video compatible with a wide range of streaming formats to anyone connected without interruption.
Not only is the disruptive business taking over the market, but it is also providing streaming services to users across Africa. The messaging engine is designed to reduce the cost of entry when ads are integrated into the video environment. Tuluntulu also uses simple built-in features that allow multiple people to watch simultaneously or even stream videos while switching.
Projects under construction are very common in South Africa. Enabling the construction of projects at a higher cost and in a longer period of time than originally planned. Globally, the cost-to-time ratio ranges from 27% to 200%, according to Stephen Golding of SSG Consulting.
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Golding designed the KEI360 to manage large projects, on time and on budget. It does this by integrating the systems and processes of 140 different businesses, along with unlimited global access, data validation and real-time reporting.
“Although we started as an enterprise service provider, and still are, KEI360 has so many enterprise applications that we now serve many other industries.”
They recently launched the KEI360 program, which provides access to the KEI360 platform and accelerates business processes by a factor of 10.
Many people in South Africa face difficulties in finding things at home. In addition, we see that it is very difficult to deliver goods in cities, villages and regions,” says Lars Veul, co-founder of Pargo in various stores across the country.
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The solution also connects sellers with many new customers who would not traditionally have a package delivery address. They will help customers collect their parcels at a convenient time and place.
Pargo is an innovative business as it disrupts the postal industry, effectively competing with the South African Postal Service. “What we want to do is enable e-commerce and connect people across the continent,” Veul says.
This real estate technology company offers Africa’s first integrated rental property platform for real estate agents and landlords in South Africa. HouseME disrupts the agency model by providing a full range of rental services including invoicing, marketing, leasing and operations.
“We’re the first platform of its kind that looks useful in all aspects of the rental business,” said Ben Shaw, CEO and founder of HouseME. This digital platform also creates an efficient and transparent pricing structure for regular pricing.
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“The way we’ve learned that lending can be a well-designed product is a good example of how technology can cause disruption,” says Shaw.
“You have to ask yourself: Is it a good thing because it’s done a certain way? If that’s why we keep doing it, then maybe that means it’s worth the trouble.
In 2017, HouseMe won a place in Weber Wenzel’s Ignite business incubation program. Since its inception, it has doubled the size of its regional rental office in the last 18 months.
Flip “n Roll is the new and latest from Olympic Paints. This new idea of decorative painting is a paint bucket with a double paint tray. They usually have a capacity of one or two liters, which can be emptied if the consumer fills the continuous tray.
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Now the twenty liter container has an integrated tray to reduce waste and waste and makes the process cleaner and faster. When customers need to pack, simply close the container and any excess paint goes back inside, reducing the amount of cleanup that needs to be done.
“The paint industry is very competitive and everyone is doing the same thing. We thought, how can we be different? How can we be a little more innovative? How can we give our customers an extra margin that saves them money and time?, we came up with this idea of Flip “n Roll, where the roller bed is integrated into the paint container,” explains Sejal Purbhoo, founder of Olympic Paints.
“Most qualifications take years to complete. However, if you consider what you already know and what you can do with that knowledge, the completion time can be reduced to months, weeks or days. ), the secret; with reliable. , close monitoring in real time, says Darin van den Berg, founder and visionary MD of Passion4Performance.
He went on to explain that in 2017, one of their clients had 40 HR managers study a graduate course, which usually takes two years. Using the RPL concept, the longest completion time was three months, with most managers completing the course in three weeks and one woman in three days.
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“Eighty percent of learning takes place on the job.” People learn by doing. If you go to study, you can learn a lot of content and only need one or two modules to complete your qualification.”
This is where Passion4Performance (P4P) comes in. “Knowledge is a good thing, but knowledge tests do not show what a student can do in real situations.” That’s why, instead of writing exams, students go back to work, use the skills you’ve acquired and value them in the real world.”
NewSpace Systems designs, manufactures and manufactures components for the $200 billion satellite industry, exporting to fifteen countries on five continents. This successful business manages to provide its customers with high quality equipment while still charging low prices.
“Our customers are space agencies; NASA is one of our clients, universities, but mostly commercial customers, like Airbus,” says James Barrington-Brown, founder of NewSpace Systems.
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This new business started four years ago and has grown from 1 to 21. Since NewSpace Systems did not take foreign investment, they have organically grown 30-40% every year, and compete worldwide in the top with some of the biggest. name in the market.
My Online Presence is a team of highly qualified professionals, focused on designing and building systems to reduce business challenges. This small business loves to power their customers online or create one from scratch.
They focus on developing the best software solutions for small, medium and large enterprises locally and internationally. My online presence offers business analysis, consulting, brand development and custom systems development services.
It also specializes in building and developing iOS and Android applications, customer relationship management (CRM) software, internal business solutions, content management systems (CMS), e-commerce solutions, as well as SMS and USSD.
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In 2017, My Online Presence won the National Small Business Champion Award from the National Small Business Chamber (NSBC), in partnership with World Famous Events.
This B2B sales software is used to manage sales people in the field. Skinamo gives field representatives access to information, whether it’s customer information or past sales. This new technology also provides sales managers
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