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Forbes AfricaForbes Africa

Forbes Africa February 2019

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.

Land:
South Africa
Sprog:
English
Udgiver:
ABN Publishing Pty Ltd (trading as Forbes Africa)
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access_time3 min.
the global 7500 business jet: the start of a new era in business aviation

In 2018, we laid a strong foundation to ensure Bombardier Business Aircraft remains the industry leader our customers can count on for many years to come. With our class-leading products and our innovative designs, Bombardier is redefining the business aviation landscape, revolutionizing the market and placing the company at the forefront of the industry. Our unwavering discipline and our commitment to continuously improve our products not only enabled Bombardier to meet all its key milestones but also to successfully launch bold new products and industry defining innovations. In 2018, Bombardier launched the Global 5500 and Global 6500 business jets at the European Business Aviation Exhibition and Conference, taking the industry by storm with two new long-range business jets. No other aircraft have better total performance, combined with the Global…

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the joy of finding africa overseas

I GUESS ONE OF THE nightmares for any editor, especially at the beginning of a new year, is the blank page, and the empty canvas that is an impending edition. The blankness is pregnant with possibilities that are both exciting and nerve-racking. Which brush do you use to bring it alive with the imagery of life and longing from around the world? Slowly, painfully, ideas translate to reporting, news gathering to news processing, and then words and photographs recording the angst and exhilaration of the times we live in that then inhabit the pages forever, making them documents of history for posterity.Which is what makes a print magazine still endearing in today’s digital times: it’s compact, portable, can slide into your bag, and be thumbed through at any time.…

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staying with the narrative of change

(Photo by Motlabana Monnakgotla) INTROSPECTION THROUGH the proverbial rear view mirror is a great gift for everyone; in particular, for business leaders. Our greatest lesson through the year 2018 was recognizing that life is a complex maze of change. This was evident through what we witnessed most predominantly in South Africa.The amplitude of the wave following the change of guard was weighted around an expected positive economic future for this great country. There is however no magic wand that can deliver a miracle after almost a decade of hopelessness. I have always believed that change is inevitable and with it comes hope and growth.As humans, we expect results almost overnight or then get disappointed. However, Africa in general and South Africa in particular are part of a marathon that by…

access_time4 min.
brief 360

TIGER BRANDS RE-OPENS FACILITY AFFECTED BY LISTERIA BUT FACES CLASS ACTION In , authorities gave food-maker Tiger Brands permission to re-open a factory closed after the world’s biggest listeria outbreak, which claimed the lives of almost 200 people, was traced to the Polokwane factory in the Limpopo Province.“As a food manufacturing company that has a long, strong and proud heritage in South Africa, there is an enormous amount of trust that is placed in us and our products. I know that some of that trust has been lost as a result of the listeriosis crisis and that we need to earn back that trust over time through our actions and by keeping our word,” Tiger Brands CEO Lawrence MacDougall said in a statement.However, last month, Richard Spoor…

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‘time for businessto roll up its sleeves’

WHAT IS YOUR FIRST POINT OF FOCUS AS THE CHAIR OF THE SOUTH AFRICAN CHAPTER OF THE BRICS BUSINESS COUNCIL? It is still early days. I am just lucky I was appointed to the BRICS Council last year… In my few months, my sense was that the sister countries in BRICS were much more organized in terms of what it is they are looking for and in bringing a coordinated voice of business. We were still trying to get there in terms of coordinating our efforts and channeling our objectives and making sure we agree on the priorities.I look forward to, first of all, picking up from where others left off. This is a council that has been around not long after 2010, and it has a long-enough…

access_time16 min.
fewer billionaires, poorer billionaires on african continent in 2019

Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago.For the eighth year in a row, Aliko Dangote of Nigeria is Africa’s richest person. His estimated $10.3 billion net worth, however, is nearly $2 billion less than a year ago, primarily due to a roughly 20% drop in the stock price of Dangote Cement, his most valuable asset.The continent’s second richest is Mike Adenuga, also of Nigeria, worth an estimated $9.2 billion. Adenuga owns Globacom, which is…

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