Search results for: reliance

Understanding Work in Africa

Insights by Shaun Barnes, Executive Director at 21st Century

“Africa has been labelled as “the last remaining frontier for business”, offering a myriad of opportunities for global and regional corporations. With its wealth of natural resources and a large, young, and ambitious population, it is made up of rapidly transforming and growing economies.

“Along with the opportunities comes the complexity that often leads to higher-than-anticipated cost structures. Major impediments to doing business across multiple African countries include poor infrastructure, fragile political stability, unpredictable governance, and difficult environmental conditions. Corruption, high tariffs, red tape, cumbersome bureaucracy, and seemingly arbitrary decisions by officials play a role in hampering business.

“However, companies run into challenges such as a shortage of skilled talent, a lack of reliable information on remuneration and changing workforce dynamics that complicate the effective management of human resources.

“It is apparent from the work that 21st Century does in these markets that South African organisations operating in Africa experience difficulties in three key areas of managing human resources, namely:

Maximising reward returns through developing appropriate pay and benefits packages in widely different jurisdictions; and establishing a balance between the various elements of pay (salary, benefits and allowances, incentives) bearing in mind the differences between these elements compared to other regions in the world.Identifying a regional talent pipeline of skilled professionals and leaders where standards from one country to the next vary significantly; andUsing and maximising workforce planning and deploying staff across locations where there is a high degree of variability in local practices.

“For organisations looking to enter these markets and even for those already established and seeking a broader regional presence, there is a need for knowledge and awareness of possible risk factors. We will examine each issue in greater detail to provide some insights.

Remuneration differences

“Many countries that fall into the developed economy category have moved towards simpler remuneration structures that have cut out a raft of allowances and benefits, mainly due to tax regimes. Remuneration packages in developed economies have also started to move from a high guaranteed component to a greater reliance on variable pay in the form of annual or long-term bonus structures. Allied to this, annual salary increases have tended to be low over the past number of years.

“Africa differs from this approach in a number of ways. There is a larger emphasis on benefits and allowances for reasons that will be explained below. The region tends to still have a pattern of larger salary increases, either due to union/labour regimes, high inflationary increases, talent shortages or a combination of these factors.

“While variable annual incentives have started to become part of the reward landscape over the last decade, there is still a greater emphasis on fixed versus variable pay, the presence of guaranteed annual bonuses and low uptake of long-term incentives.

“It must also be remembered that Africa is not a homogenous region that can easily be classified, with differing reward mixes between North, East, West and Southern Africa as well as numerous differences between countries within regions.

“In terms of benefits and allowances, the so-called “culture of the allowance” has remained in two geographies internationally, namely South America and Africa.

“Many African countries have particularly long lists of benefits and allowances that are offered for a variety of reasons. These include the status that the benefit confers in a social sense (especially at management levels); as a tax-deductible or tax-negative salary tool in allowance-friendly tax regimes; to counteract the negative effects of infrastructure inadequacies and difficult living conditions such as electricity shortages; to address issues such as entertainment, security and transport which have high levels of cost as well as to manage access to services such as medical aid or insurance as staff and employees in many African countries do not have access to services and providers on the same scale that those in more developed countries do.

“Considering the above factors, one of the biggest mistakes a business can make is to attempt to build a “one size fits all” model for all African operations without considering the differences and local customisation that will be more effective. While globally standardised remuneration models and approaches have become the norm for most multinationals over the last decade, there should still be room for some localisation.

Talent Shortages

“Attracting and retaining properly skilled and experienced staff remains one of the greatest challenges facing companies doing business in many African territories.

“This is due to some peculiar challenges that Africa faces in terms of building a stable supply of graduates and skilled staff. According to the World Bank, Africa is at risk of a talent pool deficit, especially the traditional Science, Technology, Mathematics and Technology (STEM) disciplines. The last estimates of the World Bank placed enrollment in STEM programmes as low as 15%. Most countries in Africa lie well below the accepted World Median for an adequate supply of STEM graduates as measured by the World Bank.

“A large contributor to this state of affairs is the relatively low number of post-graduate student numbers across the continent combined with the increases in student enrolment in universities in undergraduate degree programmes mostly linked to non-STEM courses.

“Coupled with the STEM shortage, there is also a shortage of experienced and qualified management staff across the continent.

“This leads to a constant merry-go-round of talent in many markets as companies poach staff from each other. This in turn causes ever-increasing premiums for certain staff and also interferes with internal development and succession as critical positions often become vacant before internal development candidates are ready.

“It is vital that companies obtain a clear and objective view of which staff job families are running at premiums due to talent shortages as well as what those premiums are. One way of obtaining this data is by running a customised survey that invites the participation of other companies in the same sector or competing for the same talent. The survey will indicate what premiums are applied for relevant staff which will help add some reality to the cycle of constant remuneration increases that many scarce job types experience.

“This can be complemented by an Integrated Talent Management approach, which does not only require a focus on remuneration but the total employee experience.

“It is vital to build employment branding and the Employee Value Proposition around the attributes that matter most to the talent segments that a company wants to attract & retain by delivering a compelling mission, agility, interesting work, exciting career choices, skill advancement opportunities as well as appropriate rewards.

Workforce Planning

“The use of analytics in assisting businesses to ensure that workforce composition is properly planned, resourced and allocated, has become an ever-increasing theme over the last five years. This proper use of the vast reams of staff data that most companies possess has assumed an even greater importance post-Covid in helping to determine how many staff are required in light of new working models.

“New working models that have evolved go beyond the traditional full-time employment (FTE) status approach used over the last century. Contract workers, including seasonal, fixed-term and fixed-project (the so-called gigabyte workers), project teams and work-from-home staff have all become a greater part of the staffing mix.

“While the talent shortages experienced across the continent have been highlighted in more detail above, many low-discretion level jobs across a number of industries experience far less staff attrition than in developed economies with workers electing to stay with one employer as long as they can. As a result, tenure periods of 20 to 30 years are far more common in Africa than in other parts of the world. This adds to the need to gain a more accurate view of talent pipelines that could be influenced by long-tenure retirements.

“The use of contract staff is widespread in Africa. Employers hiring casual workers do not have to offer permanently fixed working hours – or workload – to their staff. This results in cost efficiency gains because staff costs (wages and wage-related ancillary costs like social protection) only arise when the workload requires staff. The theory would state that these cost savings can result in productivity gains if the same or higher output can be produced at the same or higher quality for less expense.

“Our experience has shown that in many instances, companies that operate in industries that require large contract worker elements, either due to seasonal or project requirements, are often over-resourced in terms of FTE versus contract staff. This is often a result of inadequate central resource planning, disparate HR systems and a silo approach to contract staff needs. The benefits which the model should bring are not realised with the reverse often happening – higher costs and lower productivity.

“A more integrated approach to Strategic Workforce Planning (SWP) promises a data-driven approach towards people planning, attrition and flight risk, talent and pipeline management, recruitment analytics, under-performance risks, remuneration and benefits and real-time employee engagement and sentiment analysis.

“Companies making proper use of their analytical staff data can more accurately determine key capacity planning questions such as what productivity targets are required on various segments of the workforce, how should staffing levels within every job function and level, be decided and how many staff need to be hired and/or promoted over time in order to achieve these staffing levels, while carefully managing for loss of employees through resignations that cannot be controlled.

Conclusion

“With so many differentials and issues at play across the continent, it’s easy to see how companies and multinationals end up with ill-informed pay and talent strategies that do not accomplish their stated intentions.

Following a “one-size-fits-all approach” will also not suffice, as has been discussed. Africa remains an attractive and often underexplored market that promises rich returns to companies that can adapt and get it right. By utilising the latest good-practice methodologies coupled with knowledge of local and regional practices, companies will be in a better position to attract and retain the correct talent required and make a success of their operations in Africa.”

-- ENDS --

Written by: Shaun Barnes, Executive Director at 21st Century, BA(Wits)BBA(Hons)(US)

About 21st Century:

21st Century, a level 2 BBBEE company, is one of the largest Remuneration, Reward, HR, Organisation Development and Change Management consultancies in Africa, specialising in sustainable business solutions, with a team of more than 60 skilled specialists, servicing over 1700 clients – including non-profit organisations, unlisted companies, government, parastatals and over two-thirds of the companies listed on the JSE. 21st Century offers bespoke business and strategy planning services, operating model and organisational design, creative reward practice modelling, change, stakeholder and culture management, training courses and comprehensive human capital and talent plans. These are all underpinned by our analytic and survey capability tailored to the African environment. 21st Century continues to offer solutions via a combination of virtual channels and on-site presence. 

21st Century has expanded its services to offer a full turnkey sustainable business and remuneration service. Beyond remuneration and reward consulting, 21st Century offers local analytics for business advantage; remuneration and HR training; change management services; talent and people solutions; and end-to-end organisational design and development.

21st Century is the Africa representative for the GECN group of companies, specialists in global executive remuneration and governance.

Issued By: The Lime Envelope
On Behalf Of: 21st Century
For Media Information: Bronwyn Levy
Telephone: 076 078 1723
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

South African local tyre manufacturers are playing their part in driving towards a greener future and building a more sustainable future for all. Combining cutting-edge technology with capital investment and innovative practices, all four local manufacturers have committed to achieve carbon neutrality by 2050 in line with global targets.

Bridgestone South Africa, Continental Tyre South Africa, Goodyear South Africa, and Sumitomo Rubber South Africa, as members of the South African Tyre Manufacturers Conference (SATMC), are taking a collective effort to play a key role in mitigating climate change in their industry.

Nduduzo Chala, Managing Executive of the SATMC, said, “The role of emissions in climate change cuts to the heart of the industry we operate in. As a united body of local manufacturers, we aim to be responsive to the needs of our customers and partners. Climate change impacts us all, and we are all demanding real action from each other. We are proud that the SATMC, and its member companies, have responded to this call to take action with a range of measures aimed at reducing their emissions, responsibly using energy, and cementing a circular economy to reduce and eliminate waste.”

Taking action

Bridgestone has announced the launch of “Bridgestone E8 commitment” that includes a corporate commitment to the realisation of a carbon neutral mobility society.  Setting focused targets, Bridgestone has committed to reduce its absolute CO2 emissions by 50% by 2030 (when compared to base year 2011).  Toward this goal, Bridgestone will contribute to CO2 emissions reduction during customers’ use, raw material procurement, distribution, reuse/recycle phases of the product life cycle, and from manufacturing where its local Brits plant has its own targets in line with the company's global objective of attaining carbon neutrality by 2050.

Continental Tyre South Africa, in line with its international mandate, is striving for 100% emission-free driving, industrial products and factories. The company has committed to a three-step process towards achieving 100% climate neutrality by 2050 at the latest, along its entire value chain of products, operational processes, and supply chain. Phase one looks at the direct emissions from its operations, phase two will focus on the indirect emissions from purchased energy and the final phase will take into account all emissions associated with the company’s activities.

Goodyear’s Better Future framework outlines the company’s high-priority environmental, social and governance topics globally under four pillars – Sustainable Sourcing, Responsible Operations, Advanced Mobility and Inspiring Culture. In December 2021, the Goodyear Tire & Rubber Company announced its goal to reach net-zero value chain greenhouse gas (GHG) emissions by 2050, aligned with the Science Based Targets initiative (SBTi) and its new Net-Zero Standard. The company also announced its commitment to achieve near-term science-based targets by 2030, including reducing Scope 1 and 2 emissions by 46% and Scope 3 emissions by 28%, as compared to a 2019 baseline. In December 2022, Goodyear submitted its science-based targets to SBTi for validation.

Finally, Sumitomo Rubber South Africa’s journey to net zero is aligned with its parent company, Sumitomo Rubber Industries (SRI), headquartered in Japan, and is based on the GENKI Sustainability Activity Guidelines of Governance, Ecology, Next-Generation Products & Solutions, Kindness, and Integrity. The company has declared a commitment to reduce carbon emissions by 50% by 2030 and achieve carbon net zero by 2050.

Renewable and efficient energy

All four SATMC members are taking steps to invest in renewable energy, which reduces reliance on fossil fuels.

Bridgestone South Africa has had a successful renewable energy process, saving 7,4MWH between 2020 and 2022.

This entailed implementing the ISO50001 Energy Management System, introducing energy saving initiatives relating to compressed air efficiency, and installing variable speed drives and smart LED lighting. The company has also implemented a green energy wheeling facility – which is a decentralisation of power supply – that uses renewable energy for all electrical energy requirements. This method has reduced emissions by 70% from a 2017 baseline.

In addition to the energy saving initiatives employed at its manufacturing facility, since 2020, Continental Tyre purchases EAC certificates for every MWh electricity purchased from the grid, to offset the carbon emissions from the electricity generation process following their commitment to greener energy.

Goodyear’s target is to have transformed all its manufacturing operations and processes to 100% renewable energy by 2040, and – so far – all its manufacturing facilities in Europe and Turkey are using renewable electricity.

In the past five years, Sumitomo Rubber SA has generated 1MW of solar energy, with a further 6MW in the pipeline. To further change its energy usage, the company has installed LED lights across all sites and electricity usage is closely monitored.

Manufacturing processes and value chain

Identifying processes that have a higher impact on emissions is key to achieving carbon neutrality. This analysis also opens the path to finding innovative ways of doing things differently.

Bridgestone South Africa has collaborated with the Council for Scientific and Industrial Research (CSIR) and the National Clean Production Centre (NCPC) to accelerate its transition towards carbon neutrality. The company has implemented the use of recycled carbon black, recycled steel and friction, and began the sustainable sourcing of natural rubber.

The Continental group aims to achieve carbon neutrality in its production by 2040, representing the second step on its three-step journey. As the third and final step, the company is committed to ensuring that its entire value chain, from the responsible sourcing of raw materials and partnerships with suppliers, to the utilisation of products by consumers and the recycling of products at the end of their life cycle, will attain carbon neutrality by no later than 2050.

Goodyear has integrated sustainability throughout its organisation, looking at both inward and outward impacts across its business units and functions to achieve sustainable business outcomes. Within its four sustainability pillars, Goodyear is addressing Climate Decarbonisation and Resiliency, Circularity, Human and Labour Rights, and Supply Chain Governance and Transparency. Goodyear tyres already contain certain recycled materials, and the company is exploring additional opportunities and looking to work with customers to support beneficial reuses of its tyres.

Sumitomo Rubber South Africa has assessed its manufacturing process and plant facilities to identify environmentally friendly changes to the present systems and processes. As a result, 4% of natural rubber is currently sourced from the Ivory Coast, which not only supports intra-African trade, but has minimised supplier costs and further reduced carbon footprint. Other initiatives to support a carbon neutral space include tree planting at its Ladysmith plant, changing company cars to hybrid cars and water recycling and roof water harvesting in the Gqeberha warehouse.

Tyre design

Responding to consumer needs’ for more environmentally friendly products, manufacturers are reimagining their products to cater for the demand. Tyres with low rolling resistance and vehicles with less weight consume less energy and emit fewer greenhouse gas (GHG) emissions.

The ENLITEN tyre technology platform is Bridgestone’s innovative approach to tyre development. ENLITEN enables a lower environmental impact through CO2 emissions reduction, resource efficiency and material circularity (use of recycled/renewable material) without any compromise on performance or safety. Additionally, ENLITEN provides super low rolling resistance for excellent fuel efficiency and makes Bridgestone’s tyre portfolio more adaptable to the latest mobility evolution by making all Bridgestone ENLITEN tyres fully Electric-Vehicle-ready.  Locally, Bridgestone has a focus on design to modularity, and improving tread compounds for lower rolling resistance and reduced impact on the environment.

Continental Tyre South Africa is working on solutions for automated driving, new transport concepts, and tyres optimised for rolling resistance which reduce a vehicle’s carbon emissions. This is in addition to a number of other projects underway.

By 2025, Goodyear aims to reduce rolling resistance by 40% and reduce tire weight by 9% in its global consumer tyre portfolio from a 2005 baseline. Earlier this year, the company revealed a demonstration tyre which is made of 90 percent sustainable materials and has passed all applicable regulatory testing as well as Goodyear’s internal testing.

Sumitomo Rubber Industries has set a target to manufacture tyres with 40% recycled material by 2030 and 100% by 2050. Since 2013, when it released ENASAVE 100, the world’s first 100% fossil resource-free tyre made from all-natural materials, the company has continued to advance and expand the technologies acquired for the development of ENASAVE 100, with the aim of increasing the sustainable content of its tyres. Locally, Sumitomo Rubber South Africa has also reduced its Truck, Bus and Radial (TBR) tyre weights to light weight tyres without compromising tyre safety. 

Waste tyre management

Globally, an estimated one billion tyres reach the end of their useful life every year. Thus, reducing the negative environmental impacts of waste tyres is high on the agenda for the SATMC. The industry body is collaborating with the Tyre Importers Association of South Africa (TIASA), the Tyre Equipment Parts Association (TEPA) and the government to ensure that steps are taken to drive improvements and sustainability in both collection and processing of tyre waste.

The SATMC wants to see that end-of-life tyres (ELT) are properly disposed of, or reused in a circular economy, where they can be seen as a useful resource. Its Environmental Committee meets monthly and has identified four key focus areas - Waste Tyre Road Infrastructure, Municipal Infrastructure Engagement, Renewable Energy Solutions and Community Projects Using Waste Tyres.

Nduduzo Chala, Managing Executive of the SATMC, said: “As we inch closer to 2050, we know that only a collective and collaborative spirit will enable us to see a healthy future for us all. The four local tyre manufacturers in South Africa will continue working on reducing the impact of their operations on the environment.”

Effective waste management is crucial for promoting environmental sustainability and public health. In South Africa, a country grappling with significant waste management challenges, the need for efficient waste management practices has never been more pressing. This blog will delve into the importance of waste management, the role of waste management companies, and specific services like rubble removal and skip hire that contribute to a cleaner and greener South Africa.

The Importance of Waste Management

Waste management plays a vital role in preserving natural resources, reducing pollution, and mitigating the impact of waste on the environment. In South Africa, rapid urbanisation and industrialisation have led to a surge in waste generation, making proper waste management essential for sustainable development.

Waste Management Companies: Leading the Way

Waste management companies in South Africa play a crucial role in addressing the country’s waste management challenges. These companies specialise in the collection, transportation, treatment, and disposal of various types of waste. They work closely with municipalities, businesses, and communities to develop innovative and sustainable waste management solutions.

Rubble Removal: Clearing the Path to Progress

Construction and demolition activities generate substantial amounts of rubble, which can pose environmental hazards if not properly managed. Rubble removal services provided by waste management companies help clear construction sites efficiently and responsibly. These services involve the collection, transportation, and disposal of construction debris, ensuring compliance with environmental regulations.

Skip Hire: A Convenient Waste Disposal Solution

Skip hire services offer a convenient waste disposal solution for residential, commercial, and industrial purposes. Waste management companies provide skip bins of various sizes to accommodate different waste volumes. This service allows individuals and businesses to efficiently dispose of waste, ensuring that it is properly sorted and disposed of at licensed waste facilities.

Promoting Recycling and Resource Recovery

Waste management companies in South Africa prioritise recycling and resource recovery as crucial components of sustainable waste management. Through partnerships with recycling facilities and the implementation of separation-at-source programs, these companies aim to divert recyclable materials from landfill sites. By transforming waste into valuable resources, recycling efforts contribute to the circular economy and reduce the burden on landfills.

Waste-to-Energy Initiatives

In line with global trends, waste management companies in South Africa are exploring waste-to-energy initiatives. These projects involve converting waste into renewable energy sources, such as biogas or electricity. By harnessing the energy potential of waste, these initiatives contribute to reducing greenhouse gas emissions and decreasing reliance on fossil fuels.

Community Engagement and Education

Effective waste management requires community engagement and education. Waste management companies actively collaborate with local communities to raise awareness about waste reduction, recycling, and responsible waste disposal practices. Educational initiatives, workshops, and awareness campaigns empower individuals to make informed choices and actively participate in waste management efforts.

Government Regulations and Policies

The South African government plays a critical role in waste management through the implementation of regulations and policies. These guidelines aim to enforce proper waste disposal practices, promote recycling, and encourage waste reduction initiatives. Collaboration between government bodies, waste management companies, and the public is crucial for achieving national waste management goals.

Waste management is a pressing issue in South Africa, requiring concerted efforts from waste management companies, government bodies, and individuals alike. By prioritising sustainable practices, such as rubble removal, skip hire, recycling, and waste-to-energy initiatives, South Africa can build a cleaner and greener future. With a collective commitment to responsible waste management, the nation can preserve its natural resources, protect the environment, and enhance the quality of life for all its citizens. Visit Bekabee for more info.

As power disruptions continue to impact businesses across South Africa, WhichVoIP.co.za, a leading telecommunications service provider, announces its new initiative to assist businesses in gaining access to reliable and qualified solar power providers. Leveraging its extensive network of providers, WhichVoIP.co.za aims to connect businesses with top-rated solar power solutions, offering a sustainable alternative to Eskom’s inconsistent power supply. Through their website, businesses can now request free solar quotes from trusted providers in their area, ensuring a seamless transition to renewable energy.

Addressing the Power Supply Challenge
South African businesses have been grappling with the challenges of Eskom’s inconsistent power supply, leading to operational disruptions, financial losses, and environmental concerns. Recognising the need for a reliable and sustainable solution, WhichVoIP.co.za has taken a proactive approach to assist businesses in accessing dependable solar power providers.

The Benefits of Solar Power for Businesses
Solar power offers numerous advantages for businesses, making it an attractive alternative to Eskom. By embracing solar energy, companies can enjoy:

Consistent and Reliable Power: Solar power systems provide a stable and uninterrupted energy supply, reducing businesses’ reliance on Eskom’s grid and minimizing the impact of power outages and load shedding.

Cost Savings: Solar power enables businesses to significantly reduce their electricity expenses in the long term. By generating their own energy, companies can decrease their reliance on Eskom and protect themselves from rising electricity costs.

Environmental Sustainability: Adopting solar power aligns with businesses’ commitment to environmental preservation and sustainability. Solar energy is clean and renewable, helping companies reduce their carbon footprint and contribute to a greener future.

Energy Independence: With solar power, businesses gain energy independence. They are no longer solely dependent on Eskom’s grid, safeguarding their operations during power disruptions and ensuring uninterrupted productivity.

WhichVoIP.co.za’s Solution: Connecting Businesses with Top-rated Solar Providers
WhichVoIP.co.za, known for its extensive network of telecommunications providers, is now leveraging its relationships to connect businesses with top-rated solar power providers. By accessing WhichVoIP.co.za’s platform, businesses can request free solar quotes from trusted providers in their area. This streamlined process eliminates the hassle of searching for reliable solar power solutions, saving businesses time and effort.

Getting a Free Solar Quote
To request a free solar quote and solutions tailored to their unique needs, businesses can visit https://whichvoip.co.za/get-quotes. Simply input your requirements and preferences to get accurate quotes from qualified solar providers.

In the pursuit of a greener and more sustainable future, renewable energy sources are gaining momentum. EcoFlow Power Stations, coupled with solar panels, offer an innovative solution for portable and eco-friendly power generation. In this blog post, we will delve into the benefits of EcoFlow Power Stations, the advantages of solar panels, and highlight the exceptional features of the EcoFlow River Pro, a portable power station designed for outdoor enthusiasts and emergency power needs.

EcoFlow Power Stations: Empowering Energy Independence:

EcoFlow Power Stations are portable, all-in-one energy storage solutions that provide clean and reliable power. Key features and benefits include: a. Portable and Versatile: EcoFlow Power Stations are compact and lightweight, making them easily transportable for various applications such as camping, outdoor activities, emergencies, and remote work setups. b. Renewable Power: These stations integrate seamlessly with renewable energy sources, including solar panels, allowing for sustainable and eco-friendly power generation. c. High Capacity and Output: EcoFlow Power Stations offer high-capacity batteries and multiple power outputs, allowing you to charge and power multiple devices simultaneously, from smartphones and laptops to electric appliances and tools. d. Rechargeable and Fast Charging: With the ability to recharge from various sources like AC outlets, car chargers, or solar panels, EcoFlow Power Stations provide flexibility and rapid charging capabilities, ensuring you have power when you need it most.

Solar Panels: Tapping into the Sun’s Energy:

EcoFlow Solar Panels are a sustainable and reliable solution for clean energy generation. By harnessing the power of the sun, these panels provide a renewable source of electricity while minimising environmental impact. With their high efficiency, portability, and durability, EcoFlow Solar Panels offer a versatile solution for homeowners, outdoor enthusiasts, and businesses looking to reduce their carbon footprint and save on energy costs. Embrace the power of solar energy and contribute to a greener future with EcoFlow Solar Panels.

With EcoFlow Solar Panels, you can enjoy the benefits of renewable energy while reducing your reliance on fossil fuels. These panels offer a cost-effective and environmentally friendly solution for generating clean electricity. By installing EcoFlow Solar Panels, you not only lower your carbon footprint but also save on electricity bills in the long run. Whether you’re powering your home, charging your EcoFlow Power Station, or exploring the great outdoors, EcoFlow Solar Panels provide a sustainable and efficient source of power that aligns with your green energy goals.

EcoFlow River Pro: Power on the Move:

The EcoFlow River Pro is a portable power station designed for adventurers, outdoor enthusiasts, and emergency power needs. Key features and benefits include: a. High Capacity and Output: With a massive 720Wh capacity, the River Pro can power various devices simultaneously, from smartphones and laptops to mini-fridges and power tools. b. Fast Charging: The River Pro supports multiple charging options, including AC outlets, car chargers, and solar panels, providing quick and reliable power replenishment. c. Rugged and Durable: Built to withstand outdoor conditions, the River Pro is water-resistant and shockproof, making it ideal for camping, RV trips, and off-grid adventures. d. Intelligent and User-Friendly Design: Equipped with an intuitive LCD screen and a companion mobile app, the River Pro allows for easy monitoring, control, and optimisation of power usage.

EcoFlow Power Stations, solar panels, and the EcoFlow River Pro offer a sustainable and reliable solution for portable power generation. By harnessing renewable energy sources, we can reduce our carbon footprint, achieve energy independence, and enjoy the convenience of clean power wherever we go.

Load shedding is a major issue in South Africa, with power outages occurring frequently due to an insufficient supply of electricity. This has led many homeowners and businesses to explore alternative solutions, such as solar panels and lithium-ion batteries. In this article, we’ll explore the benefits of using solar panels and lithium-ion batteries as load shedding solutions in South Africa.

Solar Panels

Solar panels are a renewable energy source that convert sunlight into electricity. They work by capturing the energy from the sun and converting it into direct current (DC) electricity. This electricity is then sent to an inverter, which converts it into alternating current (AC) electricity that can be used to power your home or business.

One of the main benefits of using solar panels is that they are a renewable energy source, which means that they are sustainable and environmentally friendly. They also help to reduce your reliance on the national grid, which can be especially beneficial during times of load shedding.

Another benefit of using solar panels is that they can save you money on your electricity bills. By generating your own electricity, you can reduce your reliance on the national grid, which means that you will be using less electricity from the grid and paying less for it.

Lithium-Ion Batteries

Lithium-ion batteries are a type of rechargeable battery that are commonly used in load shedding solutions. They work by storing electricity during times of low demand and releasing it during times of high demand, such as during load shedding.

One of the main benefits of using lithium-ion batteries is that they are rechargeable, which means that they can be used multiple times. They are also lightweight and have a high energy density, which means that they can store a large amount of energy in a small space.

Another benefit of using lithium-ion batteries is that they are safe and reliable. They are designed to be durable and long-lasting, which means that they can provide a reliable source of electricity during times of load shedding.

Solar panels and lithium-ion batteries are a great solution for load shedding in South Africa. By generating your own electricity and storing it in a battery, you can reduce your reliance on the national grid and ensure that you have a reliable source of electricity during times of load shedding. If you’re interested in exploring this option, it’s important to do your research and find a reputable supplier who can provide you with high-quality solar panels and lithium-ion batteries that are specifically designed for load shedding solutions.

By Astrino Nicoloudakis, Chief Investment Officer of Acsion Limited at Acsiopolis Mixed Used Precinct

According to AI author, Mo Gawdat (former Chief Business Officer of Google), “We know that with enough computer power and intelligence, the most complex of all encryptions can be decoded.” In today’s rapidly evolving world, the integration of artificial intelligence (AI) in various industries has become essential for businesses to stay ahead of the curve. The hospitality industry, in particular, stands to benefit greatly from embracing AI technology. At Acsiopolis, our multi-use lifestyle development, we recognise the transformative potential of AI and are proud to be at the forefront of this revolution.

As part of our early adoption to AI, a key advancement is the creation of position within our organisation for prompt engineers. This role requires an individual with a strong background in mathematics and analytics, as well as proficiency in language. Our prompt engineers will compile prompts that enable AI algorithms to provide reports with accurate and tailored information based on specific instructions. The data gathered from these reports will be used to improve on our offering and service delivery resulting in a better experience for all our guests. Building upon our existing expertise in finance and IT, which includes an actuary in our finance department and a dedicated in-house IT team, this new position will further enhance our ability to leverage AI technology effectively.

The impact of AI on sales and marketing within the hospitality industry cannot be understated. With AI’s analytic capabilities, we can monitor website traffic and leads with precision, aligning our strategies with specific brand objectives. Marketing departments will increasingly rely on big data trends and analysis, superseding the traditional reliance on emotional quotient. As a result, online algorithms will play a crucial role in driving traffic, leads, and ultimately sales conversions. However, it is important to note that face-to-face relationships remain paramount in certain customer segments and cannot be replaced, human interaction remains core to the hospitality sector. Our sales teams will be responsible for nurturing these relationships, ensuring a personalised experience that caters to their unique needs.

Likewise, website design is set to undergo a transformation, as AI enables us to craft cost-effective, direct channels for bookings. The dominance of online travel agents (OTA’s) will be challenged as direct bookings through AI-driven websites become the preferred method. The excessive commissions charged by OTA’s will face scrutiny, prompting them to reinvent their business models as comparative aggregators rather than booking channels. This shift empowers customers with more choices and competitive prices while reducing dependency on intermediary platforms.

When it comes to the finance department, organisations that integrate their property management systems (PMS) with accounting software will reap significant benefits from AI adoption. Basic accounting tasks can be performed by AI algorithms, reducing human error in data capturing. This allows finance departments to become experts in big data analytics, providing decision-makers with vital information that drives AI algorithms. By embracing this integration, businesses can avoid the need for additional physical resources dedicated to data capturing. At Acsiopolis, we have already streamlined our finance function through integrated systems, enabling us to focus on data accuracy and importance, while leveraging AI tools to enhance efficiency.

Ultimately, the success of AI in the hospitality industry hinges on the ability to overlay existing generative artificial intelligence models with unique data and insights. Prompt engineers play a critical role in directing learning algorithms, ensuring more accurate decisions to cater to the ever-evolving customer and guest base. Today’s customers are more astute than ever, demanding unique value products and services from hospitality brands. AI enables us to meet these demands by delivering personalised experiences and anticipating their needs which ultimately will result in exceeding expectations and entrenching brand loyalty. By harnessing the power of AI, hospitality establishments can unlock new levels of efficiency, innovation, and customer-centricity, ultimately redefining the industry standards.

As Acsiopolis continues to lead the way in embracing AI within the hospitality industry, we recognise the immense opportunities it presents. By leveraging AI’s capabilities, we can enhance our sales and marketing strategies, redesign websites for direct bookings, streamline our finance function, and most importantly, deliver consistently elevated customer experiences. Our commitment to innovation, coupled with the expertise of our prompt engineers, positions us at the forefront of this transformative journey. Acsiopolis is poised to set new standards in the hospitality industry, proving that AI and human ingenuity can work hand in hand to create a future of unrivalled excellence.

AUTHOR BIO:

Astrino Nicoloudakis is an experienced shareholder and corporate executive with a history of working in the property and retail industries. His skillset encompasses business process optimisation, negotiation, corporate finance, property development, renewable energy systems, and real estate investments. With experience in new developments Nicoloudakis is an innovation executive with a CA (SA) and Property Development Programme (PDP) focused on Real Estate Development from Graduate School of Business - University of Cape Town.

Past positions include tenures at:

• Deloitte – Management Consultant
• Investec - Business Developer for Listed Property Investments

-- ENDS --

For more information go to Acsiopolis, home to @Sandton-Hotel and @Sandton-Apartments, go to our website, visit us at 5 Benmore Road, Benmore Gardens, Sandton, Johannesburg, or call +27 11 440 1444 (Apartments) and +27 11 395 4777 (Hotel).

Get Social: Follow us on our social media platforms to be the first to know what happening at the Acsiopolis Building lifestyle precinct:

• Facebook: @SandtonApartmentsAndLifestyle and @atsandtonhotel
• Instagram: sandtonapts and sandtonhotel

DISTRIBUTED ON BEHALF OF ACSIOPOLIS, home to @SANDTON-HOTEL and @SANDTON-APARTMENTS, by ANGELFISH PR & EVENTS.
All media queries can be directed to Annie Hodes on 083 325 4445 or This email address is being protected from spambots. You need JavaScript enabled to view it.

ABOUT ACSIOPOLIS
Encompassing @Sandton-Apartments and @Sandton-Hotel, the Acsiopolis Building is the first multi-use lifestyle precinct in South Africa which includes a 561-room luxury hotel, 480 upmarket leased apartments, conferencing and event facilities (including an 80-seater auditorium), co-working space called Co Worx, an NCF curriculum nursery school @Sandton-Kids, doctors’ rooms, physiotherapist, plastic surgeon, orthodontist, gym, clubhouse, deli, restaurant and spa.

Live, Work and Play… Acsiopolis has been constructed with the guests’ and residents’ lifestyle top of mind, catering to people at all stages of life from Millennials to Gen-X empty nesters. Making the move to at @Sandton comes with a myriad of on-site services from a weekday working space to weekend leisure activities.

ABOUT ACSION
Acsion Limited is a highly experienced, specialist property development and property holding company with in-house property and asset management functions. We are the only JSE-listed company dedicated to property development while reaping the rewards of our own developments as a landlord.

The name Acsion is a combination of the Greek word “Axion” – loosely translated as “worth it” and “action” – to act quickly and make things happen. This set of results demonstrates that the Company delivers on main strategy of continued NAV growth – hence the slogan “Acsion in action”.

Our Company
Acsion was founded by Mr Kiriakos Anastasiadis approximately 25 years ago. Through ingenuity, vision, value engineering and effective management, the Group expanded into the successful property development and property holdings company it is today.

Our Properties
Acsion's current portfolio of assets is independently valued at R9.8-billion with a GLA of 257 000sqm and comprises ten well-established, strategically located properties across South Africa.

Our Developments
Acsion continuously evaluates approximately 20 to 30 new development opportunities at any one time and is in various stages of discussions on certain projects to further enhance the capital growth of its business.

Our Investors
Through its development activities, Acsion is able to unlock development profits and thereafter generate annuity income and further capital growth for its shareholders.

Gerhard Coetzer, Managing Director of Bontera South Africa, comments.

"In a world grappling with the urgent need for sustainable and environmentally friendly farming practices, several pressing concerns and issues need to be addressed.

Soil degradation poses a significant risk to farmers and affects the quality and quantity of food produced. Degraded soils lack essential nutrients and water retention capacity, making crops more susceptible to droughts and other stresses. This leads to increased expenses for farmers who must invest more in external nutrient sources and pesticides to combat pests and diseases.

"Furthermore, degraded soils yield lower-quality produce, which drives up prices for end consumers. Another concern is the strain on natural habitats caused by the increasing demand for food production. The reliance on chemical fertilisers in traditional farming methods has led to significant environmental consequences, including high carbon emissions and water pollution.

Addressing the issues

" The pioneering group of scientists from Bontera recognised these concerns and is actively addressing them. At the heart of our approach is the development of products based on naturally occurring soil microbes. Unlike other microorganism based products that focus on single microorganisms performing specific functions, our products harness the power of diverse microbial communities. These high-performance products, enriched with organic acids and micronutrients, work in harmony with plants, helping them obtain essential nutrients and promoting biodiversity in both the soil and the plant.

"Bontera goes beyond simply solving problems related to pests, diseases and nutrient deficiencies. We aim to optimise plant growth and prevent these issues from arising in the first place. Using our microbial products, we empower plants to resist diseases and ensure they receive the necessary nutrition, resulting in healthier and more resilient crops.

Making the change

"Recognising the need for change, we aim to be at the forefront of the transition toward environmentally friendly alternatives to chemical products, believing that providing tangible, effective solutions will motivate farmers to adopt more sustainable practices for the environment's sake and their long-term benefit.

"Our objectives align with the United Nations' Sustainable Development Goals, particularly goal number two: achieving sustainable food production systems. By implementing resilient agricultural practices and maintaining ecosystems, we aim to contribute to the target of ensuring sustainable food production systems by 2030. We are actively working towards this goal in sub-Saharan Africa - where the focus on immediate productivity often overshadows long-term sustainability.

"By addressing concerns such as soil degradation, environmental strain, and the reliance on chemicals, we - and our farmers - are making significant strides towards a more sustainable and environmentally friendly future for agriculture.

“Innovation and commitment are much needed to provide effective alternatives to traditional farming methods, and are essential in ensuring the production of high-quality, abundant crops and foodstuffs - for a long-term food security in our region.

Why profitability is important in business

The basis of establishing a successful business is ensuring a positive bank balance, with a healthy amount of cash available for running expenses. There are, however, a number of factors that can impact the amount of cash on hand, and entrepreneurs would be well advised to have a few tricks up their sleeve when it comes to maximising profits.

Cash flow represents the cash coming and flowing out of your business. When cash going out is subtracted from cash going in, you are left with net cash flow. Profitability represents the income minus the expenses, fixed and otherwise, of your business. When expenses are subtracted from income the resulting number shows your profit. Cash inflows and outflows show liquidity while income and expenses show profitability. Liquidity is a short-term phenomenon: Can I pay my bills? Profitability is a medium-term phenomenon: Am I making money? Needless to say, profitability in the long term is where it’s at. 

Profitability allows you to invest in growth, expand your operations, and generate more revenue in the long run. Profitability also makes your business attractive to investors and lenders, as they want to see a solid return on their investment. Without profitability, you won't keep the doors open for long,  and you may have to resort to cutting corners or taking on debt to keep everything going. By focusing on profitability, you can ensure the sustainability and longevity of your business venture, while also creating value for your stakeholders.

How can profit be calculated

The profitability of a business can be calculated using various financial ratios, each with its own formula. Here are some of the most commonly used profitability ratios:

1. Gross Profit Margin = (Gross Profit / Revenue) x 100 This measures the percentage of revenue that is left over after deducting the cost of goods sold.
2. Net Profit Margin = (Net Profit / Revenue) x 100 This measures the percentage of revenue that is left over after deducting all expenses, including taxes and interest.
3. Return on Assets (ROA) = (Net Profit / Total Assets) x 100 This measures how efficiently a company is using its assets to generate profit.
4. Return on Equity (ROE) = (Net Profit / Shareholders' Equity) x 100 This measures how much profit a company is generating in relation to the amount of equity invested by shareholders.

These formulas provide different perspectives on a company's profitability and can be used to evaluate its financial health and performance. If all these calculations are outside your level of expertise, call in the accounting experts to advise on which area of your finances to concentrate on.

5 Strategies to Help Your Business Maximise Profits

In general, there are four areas of operations that can be used in order to turn the tide on profits.

1. Increase price
2. Increase volume sold
3. Decrease direct costs

A more detailed breakdown of these gives you five concrete strategies to help your business maximise profits.

1. Increase sales volume: One way to maximise profits is to increase the number of sales your business makes. This could involve increasing marketing efforts to reach a larger audience, offering discounts or promotions to encourage purchases, or expanding your product line to appeal to more customers. 
2. Cutting costs: This could mean negotiating better deals with suppliers, reducing unnecessary overheads, or outsourcing certain tasks to more cost-effective and specialised providers.
3. Increase prices: If your business has a unique or high-quality product, you may be able to increase prices without sacrificing sales volume. However, it's important to be careful when raising prices to ensure that your customers are still willing to pay the higher amount.
4. Focus on customer retention: Acquiring new customers can be expensive, so it's important to focus on keeping existing customers happy and coming back for more. This could involve offering loyalty rewards programs, providing exceptional customer service, or regularly engaging with customers through social media or email marketing.
5. Diversify revenue streams: Maximising profits by diversifying your revenue streams to reduce reliance on a single product or service. This could involve offering complementary products or services, expanding into new markets, or developing new revenue streams entirely.

Outsourcing

Outsourcing has become a popular strategy for many businesses to maximise profit. Outsourcing allows access to expertise that may not be available in-house, as and when needed. By outsourcing to experts in specific fields, businesses can improve the quality of their products or services and gain a competitive advantage in the market, without having the monthly expense of a fixed salary to contend with. Outsourcing can also maximise profit by increasing productivity. By outsourcing non-core and repetitive tasks, businesses can free up their time and resources, allowing them to focus on their core competencies and strategic goals. For example, outsourcing administrative or back-office tasks can help reduce administrative workload, allowing key personnel and management to work on growing the business and generating more revenue.

Outsourcing can help your business increase profits and gain a competitive advantage. However, it is important to carefully evaluate your outsourcing partner to ensure that the quality of the outsourced work meets the standards of the business. 

Outsourced CFO

Running your own business can be complex and challenging, especially juggling the stresses of your day-to-day operations with long-term financial planning and goals. However, profitability and optimisation are key to longevity, but these need careful planning and strategic implementation, using a skillset that you might not have in-house. An outsourced CFO can be your best option here, assisting with  business analysis as well as financial management.

Talk to the team at Outsourced CFO and learn how we can help you maximise profits for your business in the long term. For more information or to contact the team, visit www.ocfo.com

Fiela Janse van Rensburg | SchoemanLaw Inc  

Category:  Civil Litigation | Litigation 

Introduction 

Litigation plays a vital role in the legal system of South Africa, providing a means for individuals and organizations to resolve disputes through the courts. However, it is crucial to understand the limitations and challenges associated with litigation in South African courts. This article aims to provide a comprehensive overview of the limitations to litigation in South African courts, shedding light on the various factors that impact access to justice and efficient dispute resolution. 

Cost Constraints 

The cost of litigation is a significant barrier to access to justice in South Africa. Legal services alone can be costly, making it difficult for many litigants to obtain quality legal representation. In addition to legal fees, other expenses such as court filing fees, expert witness fees, and other disbursements can quickly add up, making litigation an unaffordable option for some people. 

As a result, litigants who cannot afford to pay for legal representation often represent themselves, known as "litigants in person." However, self-representation is not always an effective means of resolving disputes, particularly in complex legal matters. 

To address this issue, South Africa has introduced several mechanisms to assist litigants with limited financial means. Legal aid, for instance, is available to individuals who cannot afford legal representation. Legal aid organizations provide free or subsidized legal services to those who meet certain eligibility criteria. Similarly, contingency fee agreements, also known as "no win, no fee" arrangements, allow a litigant to pay legal fees only if they win their case. 

While these mechanisms exist, they are subject to certain limitations, and not all litigants may be eligible for them. Furthermore, the availability of legal aid is limited, and demand often exceeds supply, resulting in delays in accessing legal services. 

Lengthy Proceedings 

Delays in the South African court system are well-documented, with cases often taking several years to conclude. Lengthy proceedings can be detrimental to the administration of justice, with delayed justice often equating to denied justice. Overburdened court dockets, insufficient resources, and procedural complexities contribute to the protracted nature of litigation in South African courts. 

To address this issue, the South African government has introduced several initiatives to reduce delays in the court system. These include case management and alternative dispute resolution mechanisms such as mediation and arbitration. Case management involves proactive management of cases by the judiciary to identify issues early and resolve them as quickly as possible. 

Similarly, alternative dispute resolution mechanisms allow parties to resolve disputes outside of court, thereby avoiding the delays associated with court proceedings. While alternative dispute resolution mechanisms can be effective, they are not always appropriate for all disputes, particularly in cases involving complex legal issues. 

Complexity and Technicality 

Litigation in South African courts can be complex and technical, requiring a thorough understanding of procedural rules, evidentiary requirements, and legal principles. Navigating these complexities without proper legal representation can be challenging for litigants in person, who may not have the necessary legal knowledge or skills to advocate for themselves effectively. 

To address this issue, the South African legal system has introduced several measures to improve access to legal representation. Legal aid organizations provide individuals free or subsidized legal services as stated above. Similarly, the Law Society of South Africa, a professional organization representing legal practitioners, has established guidelines to ensure that litigants are not disadvantaged by their lack of legal representation. These guidelines include the duty of the court to assist litigants in person, ensuring that they understand the court process and their rights. 

However, there is still a need for greater access to legal representation in South Africa, particularly for marginalized communities who may face additional barriers to accessing legal services. 

Backlog and Case Management 

The South African court system faces a significant backlog of cases, which further contributes to delays in litigation. The backlog results from the limited number of judges and magistrates available to handle the increasing caseload. Additionally, inadequate case management practices and limited resources hinder the efficient resolution of disputes. 

To address the issue of backlog and improve case management, the South African government has implemented several initiatives. Firstly, there have been efforts to increase the number of judges and magistrates in order to alleviate the burden on the courts. This includes appointing additional judges and magistrates, particularly in areas with high caseloads. 

Furthermore, electronic case management systems have been introduced to streamline court procedures and enhance efficiency. These systems facilitate the electronic filing of documents, case tracking, and scheduling, reducing the reliance on paper-based processes and minimizing administrative delays. 

Additionally, alternative dispute resolution mechanisms, such as mediation and arbitration, have been encouraged as a means to alleviate the burden on the courts. By referring appropriate cases to these methods, parties can achieve quicker and more cost-effective resolutions, freeing up judicial resources for more complex or contentious matters. 

While these measures have shown some improvements, further investment in court infrastructure, technology, and human resources is necessary to address the backlog and enhance case management in South African courts effectively. 

Alternative Dispute Resolution (ADR) and Court Referral 

The South African court system encourages parties to consider alternative dispute resolution methods, such as mediation and arbitration, as an alternative to litigation. ADR offers parties a more flexible and consensual approach to resolving disputes outside of the formal courtroom setting. It allows them to participate in decision-making and craft mutually agreeable solutions actively. 

Court referral to ADR mechanisms can be either voluntary or mandatory, depending on the nature of the case and the applicable legislation. In some instances, parties are required to attempt ADR before proceeding to litigation. This approach aims to reduce the burden on the courts and promote more efficient dispute resolution. 

However, while ADR has proven to be effective in many cases, it is not suitable or effective for all disputes. Certain matters, such as those involving complex legal issues or power imbalances between the parties, may require the formalities and protections offered by the court system. Moreover, ADR processes rely heavily on the willingness and cooperation of the parties involved, and in some cases, parties may be reluctant or unable to engage in meaningful ADR. 

Jurisdictional Limitations 

Jurisdictional limitations can pose challenges in litigation in South African courts. Determining the appropriate court with the proper jurisdiction can sometimes be a complex task, requiring careful consideration of the nature of the dispute and applicable laws. 

South Africa has a hierarchical court system, with different courts having jurisdiction over specific types of cases. For example, matters falling within the realm of specialized tribunals or traditional courts may be excluded from the jurisdiction of the regular courts. 

Conclusion  

Navigating jurisdictional issues requires a clear understanding of the legal framework and the relevant legislation governing the specific matter. In some cases, litigants may need to seek legal advice or consult with legal professionals to ensure they file their claims in the correct court with the appropriate jurisdiction. 

While litigation is an essential avenue for resolving disputes in South African courts, it is crucial to recognize the limitations inherent in the system. Cost constraints, lengthy proceedings, complexity, backlog, alternative dispute resolution options, and jurisdictional limitations all 

Consult an Attorney by contacting SchoemanLaw Inc today! 

Fiela Janse van Rensburg | SchoemanLaw Inc 

Attorney