360 Biz

We stand on the brink of a transformational revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything we have experienced before as South Africa.

We do not yet know just how BBBEE and Radical Economic Transformation will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to academia and civil society.

Teboho Mafodi is joined by the legendary businessman and transformation specialist Vuyo Jack to talk about the 4th Industrial Revolution's transformation in empowerment. www.cliffcentral.com

Earlier last year, Statistics South Africa released the latest results of its Quarterly Labour Force Survey for the first quarter of 2017, which showed that, apart from the overall unemployment rate reaching a 13 year high of 27,7%, the youth (ages 15 – 34 years) unemployment rate also increased to 38,6%. The sharp increase in unemployment is testament to the lack of start-up skills in the country, and calls for an even more focused approach to building an entrepreneurial ethos – from grassroots level.

In SA today we have seen a number of young people going in the path of wanting to start their own businesses. Opting for entrepreneurship as a career choice. These young people have become game changers and trendsetters.

To talk to us about their businesses we had these powerful young people in-studio today; Vuki Dlamini, Tshepo Moses, Tumi Malie and Blaine Joseph. www.cliffcentral.com

The 2017 Women in Business Report released on International Women's Day (8 March) states that only 28% of senior management roles in South Africa are held by women. The report reveals it is still most common for senior women to be in supporting roles, particularly as human resources directors or chief financial officers. However, there has been a slow rise in the number of women in chief executive officer roles in South Africa.

Having more women in corporate leadership is imperative for business. Companies with more women at board or senior management level are the companies that perform the best, because they adapt more quickly to changing social and consumption trends – unsurprising when you think that women are only 51 percent of the population but make 71 percent of all the household purchases.

Talking to us in studio is Mrs Tshidi Ramogase and Mrs Flora Jika - both from Coca-Cola Beverages South Africa. www.cliffcentral.com

Due to the improved political and economic sentiment, the recent interest rate cut and the improved outlook for economic growth, there is evidence of affordable areas in South Africa’s economic heartland, Gauteng, as well as other accessibly priced properties in various regions becoming more and more appealing. South Africa is fortunate in that it has a young, growing population which has yet to enter the housing market. With affordability considerations making sectional title properties the preferred entry point for first-time buyers, the demand for sectional title properties is likely to remain brisk for the foreseeable future. Our guests in studio are Tebogo Molefe (Founder of First Class Property SA), Leroy Slava (Director of Property Pick), Buhle Gumede (Co-Founder of Africa Pure Property), and Thandeka Nombanjinji (Investment Partner at Vital Property Group). www.cliffcentral.com

Township economy helps to boost job creation and drive entrepreneurship within the townships. The enterprises established are operated by township entrepreneurs to meet primarily the needs of township communities. These entrepreneurs are bridging the gap of unemployment and skills development.

The Township Entrepreneurship Awards are an initiative by the Gauteng Department of Economic Development to celebrate, recognise and reward entrepreneurial talent in the townships, whilst supporting the provinces’ goal and commitment to revitalising the township economy.

The guests in studio are GEP Acting CEO – Ms Leah Manenzhe, 2018 Judge – Dr Jabulile Msimango Galawe, 2018 Nominee – Wandile Ndaba, as well as Ms Puleng Molebatsi. www.cliffcentral.com

It might sound glamorous but the entertainment business is not all fun and games... there is a lot of hard work that goes on behind the scenes. In studio, Tristan Kaatze and Siphesihle Losi share stories from their respective industries. www.cliffcentral.com

The Professional Haircare Market SA 2010 report found that the "ethnic African segment is the single largest consumer group and this market has the most potential". Black consumers spend up to six times more than their white counterparts when it comes to haircare. It's a fact: black haircare is big business.

Black women prefer more variety in their haircare, going from braids to weaves, to chemical treatments, to other drastic style changes. The haircare variety demanded by African hair is more than that required for Caucasian hair. Though it goes without saying, that until recently – the business market for black hair was not always blooming. Many haircare providers had to face various challenges in growing their businesses.

To talk to us about the business of haircare in South Africa, we have in studio with us Sisi Nxumalo - Founder of Hair by Sisi, and Ntombenhle Khathwane - Founder of Afrobotanics. www.cliffcentral.com

Women and girls have been getting attention and consideration as they are seen as more vulnerable to abuse and attacks, as well as being less privileged. What this world order fails to grasp is the fact that the boy child has the same or worse challenges as girls have. Campaigns to save the girl child are prevalent and dominate the social discourse.

When you save the boy child from all these, by defending and fighting for his rights, you save a whole generation. That boy, upon growing up into a responsible man, father and husband, mentors his generation in the same way, all down his lineage - hence the need to have initiatives where boys can be mentored and embraced by responsible men in communities.

Plus we hear more about the Social Innovation Challenge. The Social Innovation Challenge · www.cliffcentral.com

More than half of the South Africans who run their own businesses are youth, according to the Real State of Entrepreneurship Survey 2017, undertaken by the Seed Academy. More than 1,200 entrepreneurs took part in the research project.

Its findings also showed that the gap between male and female entrepreneurs was closing, with the latter now making up 47% of entrepreneurs.

While South Africa is considered an entrepreneurial leader in sub-Saharan Africa, its weakest link in terms of its entrepreneurial ecosystem is start-up skills. This poses the question, what skills can local youth be taught, in order to improve their appetite for entrepreneurship?

Talking to us about the various entrepreneurial opportunities out there, we had in studio with us: LJ Swart – MD at Oxigen Communications, Marie Schourie – CEO of The Workspace, as well as Busi Raphekwane from Transformation Legacy.

We also catch up with Keri-Leigh Paschal from Nation Builder, about their Social Innovation Challenge. www.cliffcentral.com

Enterprise development involves the growing of small and medium-sized black businesses through the provision of finance and support, assisting in their business development and sustainability. Many corporates have climbed on the bandwagon to help small businesses achieve their goals and objectives to ensure all their needs are met. The annual Buy Local Summit & Expo is its flagship event, which for the first time in 2017 was extended to two days. The 2018 7th edition of the Summit & Expo took place on 14 and 15 March at the Sandton Convention Centre. Another enterprise development programme that is currently running is Threads - an 18-week accelerator programme focusing on the business of fashion. Our guests are Cleo Zwane - Senior Marketing Manager at Standard Bank; Candy Tothill - General Manager for Corporate Affairs at Tsogo Sun; Happy MaKhumalo Ngidi - Chief Officer of Marketing and Communications at Proudly SA, as well as Ravi Pillay - Corporate Communications & Public Affairs Director at Nestle. Plus, find out more about the Nation Builder Social Innovation Challenge. The Social Innovation Challenge · www.cliffcentral.com