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Find out who is making waves in many industries and how they have been able to make a difference in domestic and international industries.
Business Opportunity In South Africa
He says: “Disruption is about taking risks, trusting your intuition and rejecting what should be. Disruption goes beyond advertising, it forces you to think about where you want your brand to go and how to get there. ” Richard Branson
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South Africa has its fair share of innovative and disruptive businesses that are taking both domestic and international industries by storm. From advanced aerospace technology to innovative logistics and innovative business models, here are 25 of South Africa’s most successful business ideas:
Spaza stores do about 9 billion rupees in business annually. They are the backbone of the city’s economy, but lack of credit, vulnerability to crime and inability to compete with big retailers are serious challenges they face every day.
Vuleka, I Am Emerge’s award-winning program, harnesses the collective buying power of urban spa store owners, helping them order goods directly from manufacturers and benefit from wholesale discounts.
“The goods are cheaper than wholesalers, so we save them time and money,” says Brian Makwaiba, MD of I Am Emerge. “Where there are spaza stores without technology, we have young marketers who take their orders by hand.”
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I Am Emerge does the basic work, including negotiating with manufacturers, taking store orders and delivering their purchases. The Spaza chain stores in Gauteng’s three major cities: Alexandra with around 500 members, Soweto with over 4,500 members and Tembisa with around 2,000 members.
Tuluntulu’s innovative technology manages slow data and video playback together to keep the audio track always in place. This disruptive innovation provides seamless video delivery that seamlessly adapts to different throughput rates for each connected user.
Not only has the disruptive business captured this market, but it also provides access to video content to users across Africa. A messaging engine is built to reduce entry costs that integrates ads into the video space. Tuluntulu uses an architecture that is easily scalable, including video streaming that is compatible with large numbers of concurrent and individual viewers.
South African construction projects are notorious for overspending. Results in the construction of projects with significantly higher costs and longer time frames than originally planned. According to Stephen Golding of SSG Consulting, globally, the cost and time range exceeds 27% to 200%.
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Golding developed KEY360 to manage large projects on time and on budget. It does this by integrating 140 different systems and business processes with unlimited global access, data validation and real-time reporting.
“Although we started as a core project management business and still are, KEY360 has many enterprise functions and we now serve many other industries.”
They recently launched the KEY360 app, which provides mobile access to the KEY360 platform and speeds up business processes by 10x.
Many South Africans face challenges in getting goods delivered to their doorsteps. “Furthermore, we find delivery to cities, rural areas and estates very challenging,” says Lars Voll, co-founder of Pargo. in various stores across the country.”
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This logistics solution connects suppliers with a new group of customers who traditionally did not have a postal address for package delivery. They enable their customers to deliver their packages at the most convenient time and place.
Pargo is an innovative business as it disrupts the postal industry by effectively competing with the South African Postal Service. “What we want to do is enable e-commerce and connect people to the rest of the continent,” Voll says.
The property technology company offers Africa’s first integrated and trusted residential rental platform to tenants and landlords across SA. HouseME disrupts the agency model by providing complete automation of the agency permitting process, including payment collection, marketing, leasing and management functions.
“We are the first platform of its kind that aims to truly deliver both sides of the rental equation,” says Ben Shaw, CEO and founder of HouseME. This digital real estate platform also has a fair and transparent pricing system for a fraction of the traditional price
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“The way we’ve found that renting can be made more efficient is a really good example of how disruptive technology can be,” says Shaw.
“You have to ask: Is something good because it’s always been done a certain way? If that’s the reason we keep doing it, then it’s worth the disruption.”
HouseMe won a spot in Webber Wentzel’s Ignite Legal Incubation Program in 2017. In the last 18 months it has doubled the size of the average letting agency regional office.
Flip “n Roll” is the latest and greatest innovation from Olympic Paints. This new concept in decorative paints is a dual purpose paint bucket in an interior paint tray. Their innovation is to solve customers’ challenges with waste caused by traditional paints. These usually have a capacity of one or two liters and customers constantly filling the tray can cause the tray to overflow.
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The twenty-liter container now has an internal tray to minimize spillage and waste, making work cleaner and faster. When customers need to pack, close the container to allow excess paint to go directly in, reducing the amount of cleanup they have to do.
“The paint industry is very competitive because everyone is doing the same thing. We thought, how can we be different? How can we innovate a little bit? How can we give our customers an added advantage that will save money and be cost-effective? We created this Flip,” explains Sejal Purbhoo, founder of Olympic Paints.
“Many degrees take years to complete. However, if you consider what you already know and can actually do with that knowledge, your completion time can be months, weeks, or days. Compress it. It’s beauty. The key, says Darin van den Berg, MD, founder and visionary of Passion4Performance, is Recognition of Prior Learning (RPL); reliable, accurate and immediate assessment.
He goes on to explain that in 2017, one of their clients had 40 HR managers who completed diploma courses, which typically last two years. Using the RPL concept, the average completion time was three months, with most managers completing the course in three weeks and one female in three days.
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“80% of learning happens on the job. People learn by doing. When you go for training, you may already know a lot, so you only need one or two training modules to complete your degree. “
This is where Passion4Performance (P4P) comes in. “Knowledge is good, but a knowledge test doesn’t show what the learner can do in real life. So, instead of writing an exam, learners go back to the workplace, apply the skills acquired and assessed in a They use the live environment.”
NewSpace Systems designs, develops and manufactures components for the $200 billion satellite manufacturing and launch industry and exports to fifteen countries on five continents. This disruptive business manages to provide its customers with high quality parts while still paying low prices.
James Barrington-Brown, founder of NewSpace Systems, says: “Our customers are space agencies; NASA is one of our customers, universities, but mostly commercial customers like Airbus.
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This innovative business started four years ago and has grown from 1 person to 21 people. Because NewSpace Systems didn’t attract any outside investors, it’s growing between 30 and 40 percent annually, competing on a global scale with some of the biggest names in the industry.
My Online Presence is a team of highly talented developers focused on designing and developing systems to simplify complex business workflows. This small business specializes in giving your clients an online presence or adding energy to creating one from scratch.
They focus on creating ideal customized software solutions for small, medium and large enterprises at home and abroad. My Online Presence provides business analysis, consulting, custom software development and maintenance services for its custom developed systems.
They also specialize in building and developing iOS and Android mobile applications, customer relationship management (CRM) software, customized in-house business solutions, content management systems (CMS), e-commerce solutions as well as SMS and USSD services. have.
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In 2017, My Online Presence received the National Small Business Champion Award from the National Small Business Council (NSBC) in association with world-renowned events.
This B2B sales app is used to manage salespeople in the field. Skynamo gives field reps access to information, whether it’s customer information or past sales history. This innovative technology gives sales managers access to agents in the field, so they can