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Forbes Africa

Forbes Africa September 2019

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Forbes Africa is the drama critic to business in Africa. The magazine helps readers connect the dots, form patterns and see beyond the obvious, giving them a completely different perspective. In doing this, it delivers sharp, in-depth and engaging stories by looking at global and domestic issues from an African prism.

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South Africa
ABN Publishing Pty Ltd (trading as Forbes Africa)
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6 Edities

in deze editie

3 min.
self-awareness in the next frontier

So 2020 is in four months, and it’s hurtling towards us. A nice round number, and a year that could have far more outrageous futuristic implications than the entire last decade. (We did think we would make it to Mars by 2020.) But how far have we come in the last 10 years? Driverless cars, a cure for ageing, the Chinese economy, isolationism, algorithms, robots in public, legalizing cannabis and Generation Alpha have all dominated both coffee-table and chatroom conversations alike. The assault of innovations to come makes me want to hark back to a time when life didn’t need to be measured in terms of the next big technology to be unleashed on mankind. I remember meeting the Singapore-based futurist and social entrepreneur Roger Hamilton almost five years ago in Johannesburg when he…

4 min.
entrepreneurship 101

I ALWAYS LOOK FORWARD TO THE annual FORBES AFRICA 30 Under 30 event. It’s a reality check on so many things I have no clue about and still need to learn. What strikes me the most is the confidence these budding entrepreneurs and young leaders exude. They are fearless on stage and speak their mind with no inhibition. It is very inspiring to hear them and being part of a team that has built a platform for sharing stories is rewarding. For those that choose to learn, these events are genuinely a two-way exchange. My takeaway from this event is the enormous talent that sits on our continent, and the wealth of knowledge and enthusiasm of the participants. Their dexterous handling of presentations, gadgets and subject matter is fascinating. Most people…

6 min.
brief 360

SOUTH AFRICA PASSES NHI BILL On August 8, South Africa’s minister of health Zweli Mkhize introduced the National Health Insurance bill in the National Assembly. The bill promises universal health coverage to every South African, and details how the new system will work in South Africa. It is compulsory insurance. An NHI Fund is to be established as a single purchaser and single payer of healthcare services in South Africa. Stated plainly, it is akin to a very big state-run medical scheme or insurer, but without competitors. So it is like SAA without Comair or Safair, GEMS without Discovery. Under current legislation, a medical scheme member generally chooses the doctor, hospital and specialist and the medical scheme refunds that expense to the member, or for convenience directly to the provider of…

5 min.
zamani holdings secures a better future for africans

Courage, Resilience, Integrity, Empathy, Ubuntu and Excellence. These are the remarkable qualities that have shaped the powerhouse that is Charmaine Mabuza, co-founder and Group CEO of Zamani Holdings. From humble beginnings, Charmaine Mabuza, always had a vision to transform the lives of all South Africans, especially the less fortunate. Her hope is to create and leave a legacy of empowerment and socio-economic development to Africa and its people. “I became very impatient with the rate of social and economic transformation in the country. It really unsettled me. But all the conviction I had at the time was that I had to do something to honour the challenges faced by people from disadvantaged backgrounds,” said Mabuza. She had a business idea she strongly believed could achieve this. Together with her husband, Advocate Eric Mabuza,…

4 min.
prince ned nwoko, nigeria’s leading lawyer and philanthropist

Prince Ned Nwoko is a Nigerian born lawyer and businessman. He is a Senior Consultant with Ned Nwoko Solicitors, a London-based law firm engaged in management and verification of foreign debts of third world countries, including their component states. He also served on the Vision 2010 Committee of Nigeria and is a member of the capital market. He served as Chairman of the External Committee of Vision 2010. Nwoko is also the Chairman of Project Tourism Nigeria, a Nigerian government initiative aimed at advancing the country’s struggling entertainment and tourism industry. Nwoko was also a former Member House of Representatives, representing Aniocha North/South and Oshimili North/ South Federal Constituency of Delta State. 1. Walk me through your education and professional background I had my primary and secondary school education in Nigeria before…

13 min.
diligent about digital

IN MANY WAYS, RAGHU Malhotra is like the brand he works for, leaving his footprints in different parts of the world, and in some cases, the most unlikely corners. On a scorching summer’s day in June 2016, Malhotra traveled 100km east of Jordan’s capital city Amman, to a camp with white tents named Azraq built for the refugees of the Syrian Civil War. In the desert terrain and hot, windy conditions, people had to queue for hours on end for plates of food handed out of visiting trucks. But some of them, displaced and homeless overnight, expressed their gratitude to Malhotra, President for Mastercard in the Middle East and Africa (MEA). Mastercard, a technology company that engages in the global payments industry, had distributed e-cards, as part of a global collaboration with the…