Avi Lasarow, a British entrepreneur of South African origin, pioneered the world’s first commercial hair alcohol test, which played a significant role in public health initiatives in the UK and Germany. However, its most transformative use was in South Africa, where Foetal Alcohol Syndrome (FAS) rates are the highest globally. Lasarow’s efforts go beyond a medical test as they exemplify the spirit of entrepreneurship that seeks not just financial prosperity, but also the wellbeing of society. His story is a motivating factor for South Africans living overseas to contribute to their homeland’s advancement.
Cape Town is planning to transform multiple roads into oneway streets to improve pedestrian safety, reduce traffic congestion and boost parking availability. The proposal is open for public consultation until June 7, 2024, with feedback channels available via email, online submissions, and written submissions at the Public Participation Unit. The city’s commitment to engaging citizens in its evolution highlights its dedication to promoting a harmonious relationship between the city and its inhabitants.
Amazon has made an exciting move into South Africa with the launch of its online platform, amazon.co.za. The platform offers a wide range of products and promises free nextday delivery on orders over R500. To enhance the customer experience, Amazon has partnered with local courier companies and a South African nonprofit organization, goGOGOgo, to provide realtime updates on orders, easy returns, and handmade gift bags. Amazon’s venture into South Africa offers a ripe opportunity for ecommerce companies, and it affords local sellers, brand proprietors, and entrepreneurs the chance to expand their business with Amazon.
**Boosting the Western Cape’s Economy: The Impressive Gains from Forthcoming Business Events**
The Western Cape is experiencing an economic revival thanks to the business events industry, with 30 new bids set to generate over R1 billion in economic output and create jobs across multiple industries. The events range from international congresses to global conferences, and the Western Cape’s stateoftheart facilities make it an attractive destination. The region has a track record of successfully hosting international events and is committed to doubling tourist numbers by 2035, with business events playing a crucial role in achieving this goal.
Mama Shelter, a famous hotel chain known for its unique and vibrant aesthetics, is opening a new hotel in the City Park building in Cape Town. The hotel will feature 127 guest rooms, coworking spaces, a gym, a pool, and a rooftop restaurant with breathtaking views of the city, as well as a new concept called Mama Play, including tenpin bowling and karaoke. The joint venture between Ennismore and Kasada promises to revitalize the once deserted City Park building, marking Mama Shelter’s debut in the South African market and contributing to the rejuvenation of Cape Town’s central business district.
Explore the hidden gem of Cape Town’s Mitchells Plain with RLabs’ First Thursday initiative. This monthly event showcases the local culture with food stalls, art, and live entertainment, offering a safe space for visitors to interact with the community while supporting local businesses. With effective security measures and a focus on community spirit, RLabs is transforming the image of Mitchells Plain and inviting others to partake in its energy and culture.
The City Revenue Department Customer Interaction Centre’s customer service offices will be closed temporarily from May 4th to May 6th, 2024, for system maintenance. Motor vehicle registrations and licensing services will remain unaffected, and the city encourages the use of digital platforms as an efficient alternative. Residents can settle their municipal accounts and renew motor vehicle licenses online, and fines and warrants can be accessed and paid online. The city has made efforts to ensure continued service and convenience for its residents during the weekendlong maintenance break.
Cape Town is helping small and mediumsized enterprises (SMMEs) thrive through its Smart Supplier Programme. The initiative connects SMMEs with potential clients and provides workshops to equip them with the skills necessary to overcome business obstacles and establish collaborations. With a focus on networking, the programme aims to link SMMEs with clients nationally and continentally, yielding business prospects worth an estimated R20 million.
South Africa’s economic transformation plan focuses on inclusive growth and infrastructure development to address income disparity, empower marginalized communities, stimulate industrialization, and promote economic diversification. The government is also combating corruption, embracing technological advancements, and solidifying relationships with other African nations and emerging economies. At a recent Black Business Council Awards and Dinner, the Minister in the Presidency and President Cyril Ramaphosa outlined the country’s vision for the future, emphasizing the importance of inclusive growth, infrastructure development, digitalization, and partnerships with other nations. This occasion symbolized South Africa’s commitment to economic empowerment and transformation.
In his keynote speech at the 2024 Black Business Council Gala Dinner, South African President Cyril Ramaphosa shares an insightful and enthralling account of the country’s economic transformation. He highlights the expansion of blackowned businesses since his administration took power in 2019 and pays tribute to the late Dr. Sam Motsuenyane’s significant contribution to economic transformation. Ramaphosa acknowledges the challenges that remain, including high unemployment, energy issues, and poverty, but celebrates the success of black businesses and the government’s commitment to economic progress.
Dr. Sam Motsuenyane, a renowned businessman and founding member of the National African Federated Chamber of Commerce, was a trailblazer and key player in the negotiation that marked the commencement of democracy in South Africa. Despite oppressive apartheid laws, he led advocacy for African businesses and mentored entrepreneurs throughout the country. His commitment to ethical business conduct, resilience, and compassion will continue to inspire and mold the trajectory of entrepreneurship in South Africa for future generations.
Deputy President of South Africa, Shipokosa Paulus Mashatile, delivered a powerful speech at the African United Business Confederation event, emphasizing the importance of responsible leadership and collaboration in driving economic growth. Mashatile highlighted the need for inclusivity, eradicating corruption, prioritizing energy supply and infrastructure development, and addressing skills shortages to prepare future generations of leaders. He urged leaders to endorse policies that uplift marginalized communities and create opportunities for all individuals to engage in the economy, and concluded by emphasizing the collective responsibility to pave the way for a brighter future for all.
South Africa’s journey towards development is intertwined with democracy, as evidenced by foundational documents like the Freedom Charter, Reconstruction and Development Programme, and the Constitution. The National Development Plan empowers South Africans with a vision of a more inclusive economy, a stronger state, and a society underpinned by leadership and partnerships. While there has been progress over the last three decades, major challenges remain, particularly in youth unemployment. Engaging with the youth and creating a supportive environment that empowers and uplifts them is critical for the country’s future.
The Eastern Cape province in South Africa has launched a groundbreaking strategy for the commercialization of cannabis, aimed at diversifying the economy and creating employment opportunities. The strategy involves controlling the entire production cycle from planting to packaging, and has already helped over 120 cannabis farmers obtain hemp permits. The investment in infrastructure is intended to benefit the province’s youth and women, with the aim of promoting inclusive growth.
The Eastern Cape province in South Africa is investing heavily in the cannabis industry, with a commitment of over R100 million and a target of R1 billion over five years. The investment is estimated to directly employ about 90 individuals and could potentially generate around 3,000 job opportunities in the 2024 growing season with a target of 10,000 hectares over five years leading to the creation of approximately 30,000 jobs and offering a substantial boost to the province’s economy. The province’s commitment to the initiative is evident, and collaborations with key players aim to craft a sector innovation program that bolsters the global standing of the province.
South Africa’s upcoming elections offer the promise of strengthening democratic principles and paving the way for a fairer basic education system. The country has made significant progress in achieving nearuniversal access to education for 7 to 15yearolds, and initiatives like the National Student Financial Aid Scheme and a focus on entrepreneurial skills further support education beyond the confines of schools. The North West Basic Education Lekgotla exemplifies the transformative power of unity and teamwork in enhancing the quality of basic education across the province, with a focus on infrastructure development and promoting STEM education.