360 Biz

CLIFFCENTRAL.COM  |  Podcast , ±49 min episodes every 1 week  |  Broadcast schedule  | 
Presented by Teboho Mafodi and Bulelani Balabala, 360 Biz is a show that brings many viewpoints to the table on “all things business”. Incorporating all stakeholders – established business, government, SMMEs, entrepreneurs, professionals and legislators – to tackle and provide practical solutions for real challenges facing African businesses – big, small, formal and informal.

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Redefining Opportunities

Considering South Africa’s economic conditions, it is not surprising that some entrepreneurs start businesses due to lack of employment and on the other end female entrepreneurs are growing in numbers, but without access to appropriate funding many start-ups will find it difficult to grow their businesses. Our guests today will be highlighting challenges faced by SMEs, the available opportunities and how SMEs can access them.

Doing Business In Africa

As Africa continues its recovery from the 2014 commodity price slump, concerns are emerging that unsustainable debt poses the next great risk to the continent. According to Brookings, the median debt-to-GDP ratio in Africa has increased dramatically in recent years, jumping from 34 percent in 2013 to over 53 percent in 2017. Debt levels now exceed 50 percent in 25 of the region’s 45 countries, compared to just 11 in 2013. Adetunji Omotola and Bryan Hattingh share their experiences about operating their businesses in Africa, and some of the challenges they have identified.

Business Against All Odds

Recognising and overcoming the common pitfalls associated with growth is essential if your business is to continue to grow and thrive. Crucially, you need to ensure that the steps you take today don't themselves create additional problems for the future. Effective leadership will help you make the most of the opportunities, creating sustainable growth for the future. Our guests are Nonhlanhla Mthethwa (founder of Girlz Ink and winner of Standard Bank My Fearless Next Competition) and Zamosi Ngomane (founder of Moz Delicious Foods).

Free vs Freedom

Are we free as business people or citizens... or are we captured by Capitalism? Most African countries were colonised by pushing business interests, thus they are still captured to date. We are now officially in recession (is that not part of capture?) - hence we are borrowing monies to free the economy etc. Will we ever be free as a market? Joining Teboho Mafodi and Bulelani Balabala in studio for the discussion is: Chris Hattingh (Researcher at Free Market Foundation), Dr Harry Akinola (Global Learning& Dev Head at Puma Energy & Shift Convener), and Lisa Illingworth (Author, Entrepreneur & Founder of FutureProofSA).

Digital Evolution in Marketing

For years, the terms "business model" and "marketing strategy" were cut-and-dried subjects. Both company and customer knew what to expect, and the process from touchpoint to sale could drag on for ages. In this linear approach to marketing, companies expected a lengthy time to reach a sale, all but leaving their business to chance, in the hands of a customer who may or may not have all the information they need to make a purchase. Learn how digital marketing has evolved over time and the new ways of marketing for your business.

Women in Leadership

According to the latest Women in Business report, only 28% of senior management roles in South Africa are held by women. Furthermore, the report indicates that almost 31% of SA companies have no women at all in senior management positions. Teboho Mafodi and Bulelani Balabala talk about women in leadership and they are joined by Nthabiseng Phoshoko, Lebo Ramokhoa, Mathabo Tebello Mathebule, Nelisiwe Masango, and Zi Hatting.

Customer Experience

Companies who successfully implement a customer experience strategy achieve higher customer satisfaction rates, reduced customer churn, and increased revenues. For Women's Month, the female entrepreneurs we have in studio have excelled in their businesses to satisfy their customers in their service offering.

Women in Male-Dominated Industries

There is no denying that women are faced with challenges in the workplace. These include sexual harassment, access to opportunities, the 'mom' effect, pay gaps, investing gaps, and more. The challenges increase exponentially in male-dominated industries such as mining, finance, tech, engineering, construction, politics, etc. These industries are comprised of 25% or fewer female employees, and an even smaller percentage of women in leadership. The team talks to women who are working in men’s worlds. They share some of their challenges and how they survive against all odds. In studio are Alice Madisha (Co-Founder of Smith & Madisha Construction), Nthabiseng Sathekge (Founder of Latitude Liberty), Jo Mathole (Founder and CEO of Kwame Diamonds), and Charon Maseka (Field Engineer at Hilti).

Entrepreneurship Solutions

Unemployment remains stubbornly high in South Africa and is one of the greatest socio-economic problems currently facing the country’s youth. Many are turning to entrepreneurship to make ends meet. But some have found it easier than others. Job creation was a leading goal of government policy during the first decade of democracy in South Africa following the end of apartheid in 1994. However, little success has been achieved in the struggle to create sufficient jobs. The team talks to entrepreneurs who have found solutions to the economic problems we are facing as a nation. Maggie Mo runs CV Desk - which recruits for national and international companies. Henri Bam is the co-founder of Sxuirrel - a peer-to-peer marketplace that brings together hosts and guests from within a community, to create local, unique and flexible storage solutions.

Opportunity Wednesday

Entrepreneurs and innovators fuel economic growth. We rely on them to create new jobs, implement pioneering ideas and attract global investment. Entrepreneurial opportunities of all types exist in every part of the world, and while opportunities may be diverse in different economic contexts, there are ambitious entrepreneurs everywhere with the aspirations to pursue them. Our guests in studio are Takalo Mahlogonolo (Owner of Lamagia Events Management), Mikel Moyo (Managing Director at Mphato & Associates), and Katlego Rakoma (Chief Retail Strategist at Dinatla Manufacturing).

Savings & Investments for Entrepreneurs

Entrepreneurs are meticulous about their marketing strategy, they will not compromise on the product or service quality, and will leave no stone unturned to make sure the team meets its target. Their saving acumen and investment insights, however, may be a different story altogether. Ironically, saving and investing money is as important for an entrepreneur as their commitment to deliver value to customers. Statistics show that 50% of enterprises fail within the first year, and 95% fail within the first five years.

Opportunity Wednesday

Entrepreneurs and innovators fuel economic growth. We rely on them to create new jobs, implement pioneering ideas and attract global investment - yet this is a sector that has been largely overlooked and under-serviced by traditional banking models. Having recognised this critical challenge, there is now a unique banking proposition for entrepreneurs.
Most people believe that entrepreneurs in less-developed economies, such as those in Africa and Latin America, only start their own businesses because they have no other options and are desperate to earn a living for themselves and their families. Entrepreneurs today are breaking barriers and kicking down those locked doors.
On Opportunity Wednesday, we hosted guests: Zimkhita Zatu - Head of EDGE at Standard Bank; Chef Melusi Twala - Owner of The Mood Restaurant, and Lee-Roy Joyce - General Manager at Cool Ideas.

223 episodes

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