July 2023

This month has been a continuation of the theme of South African businesses fighting hard against external factors to continue displaying inspiring stories of growth & innovation. Against a backdrop of global inflation pressures, with SA’s economy recording 6.3% overall inflation for the month (albeit with food price increases being markedly higher), as well as the ever-present looming spectre of load shedding with Eskom moving back to Stage 6, the country reported a 2.5% increase in manufacturing output year on year showing the resolve is far from beaten. We take a look at a number of companies reporting success stories despite these perennial challenges:

Our cover tells the remarkable story of BET Software and their transformation over 11 years from a tiny start up to competing with the best and most innovative software providers globally. Their GM Michael Collins lays out their vision to be the most innovative, leading software provider in Africa, and a front-runner in global markets.

Innovative PVC Compounds, a family run business, was hit hard by the Covid pandemic but a focus on essential industries during this time provided a platform for continued growth while maintain their core values and beliefs.

As well as the external pressures noted above, a changing climate provides a constant challenge for the crucial agriculture sector. METOS is a solution that is helping to revolutionise the field (pun intended) by providing farmers with tools to assist and improve their decision making.

Eagle Insurance head into their 50^th year with a newly appointed permanent CEO – Sattar Jackaria, who tells us his plans for investment into technology and people to help the company remain the insurance partner of choice in Mauritius.

With rapidly declining fishing stocks along Africa’s East coast, Victory Farms have built an end to end protein platform with the goal of becoming the most sustainable fish farm in the world.

These challenges will be present for some time, please get in touch and tell us more about what your company is doing to ensure it continues to thrive. We’re always online at LinkedIn.