Telkom has announced that its CEO and executive director Sipho Maseko will step down on 30 June 2022. The telecoms company said the process to appoint a successor is well underway and a designated group CEO will be announced in the not too distant future.
It is possible that cooking oil prevented more looting in South Africa in the last week than the president, the ANC, the intelligence community, the army and the police combined. This, without question, says something about the versatility of the product. It says even more about the state of the state. When you are shown up by canola, you might want to revisit your strategy.ByHoward Feldman
Performance Media across Search, Social and Programmatic platforms is the single fastest growing area of digital media in South Africa. Combine that with the detailed analysis of campaign management, tagging and ad operations, and it becomes apparent that these highly specialist functions require a highly specialised unit.
The Transnet Port Terminals website has been hacked, implying that all companies under Transnet have been affected. All Transnet websites were down at the time when reporting was done for this SA Trucker article. The publication cited sources who requested to remain anonymous because they are not allowed to speak to the media.
The Covid-19 pandemic has hit South Africa's small business sector hard and there are grim statistics to bear this out. Those statistics will not be repeated here. After all, if you are a small business owner setting out on the road to recovery, the last thing you probably want is more details of the toll the pandemic has taken on small enterprises. Far more useful would be some good, solid tips on how to build back better after any business setbacks.ByAmeen Hassen
In many parts of sub-Saharan Africa, the concept of specialised facilities management is still in the process of evolving, presenting an opportunity for growth in the sector.
Leonard Michau, director and head of Africa operations, Broll Property Group.
“In the past three years, we’ve seen increased enquiries for FM services across sub-Saharan Africa. “Many organisations see value in outsourcing this service, allowing them to focus on their core business,” says Leonard Michau, director and head of Africa operations for Broll Property Group.
Speaking ahead of the Africa Property Investment Summit coming up on 24-25 August in Sandton, Michau explains that in recent years, key economic indicators such as inflation, local currency depreciation against major currencies and high interest rates have increased FM operational costs and put pressure on the company’s bottom line, with many clients now insisting on guaranteed cost savings over an agreed period. This does, however, come with risk and if one doesn’t do a proper condition assessment of existing assets and of the base line costs, it may come back to bite you, he says.
Emmanuel Caulley, head of facilities management at Broll Ghana says the FM market in Ghana is at its developmental stage. “With a number of residential, office and retail commercial properties sprung up over the past five years and still a good number in the pipeline, the potential for growth of the market cannot be over-emphasised.”
Potential clients critical of outsourcing costs
The existing real estates of corporate and government institutions represent a sizeable portfolio that requires professional FM. However, he says a number of potential clients have been looking critically at the cost of outsourcing relative to the cost of doing an in-house FM. They believe it’s relatively cheaper and without considering carefully professionalism and quality of service, points out Caulley. Cutting back on costs appears to be the overriding factor in many cases, at the expense of providing a long-term solution that manages risk via a tailor-made preventative maintenance plan, he says.
According to Martin Shaningwa, technical facilities manager at Broll Namibia, there is a growing need for FM services in the country and clients require tailor-made FM solutions to meet their business needs. Like any business, he says the market is experiencing a tough time currently, although there are opportunities for growth in the sector.
In Mauritius, FM outsourcing is a fairly new concept that has been adopted by a few multinationals and now attracting a growing interest from local companies, says Sanjeev Ramjatun, Broll head of facilities management in Mauritius. With 50% of foreign direct investment being invested into the real estate sector in 2016, the forthcoming smart city projects and other key infrastructure development projects by the government, Ramjatun is optimistic about the future of the sector in Mauritius.
However, the absence of a regulatory framework for the FM industry leads Ramjatun to say, “There is very little information available on the FM industry in Mauritius to the extent that it is difficult to estimate the value of the industry and/or the ratio between outsourced versus in house FM.” In addition to that and like in other sub-Saharan African countries, many companies still choose to run their FM operations in-house and make use of functional service providers. Hence, FM outsourcing in Mauritius shall remain a challenge in the years to come.
Challenges and trends
Despite dynamic and growing real estate markets in some African countries, market conditions still remain challenging for new FM business as many companies still do not fully understand the benefits of outsourcing and remain cautious to commit, notes Michau.
FM faces a number of challenges including lack of qualified personnel and professional standards, general reluctance to outsource FM services, low margins, and absence of a consistent regulatory framework to govern and support the FM industry.
While there is momentum, Michau says the outsourcing of FM operations is likely going to be a journey rather than single-step process as it will involve learning/sharing and mutual cooperation/understanding from both the client and the FM service provider.
We are seeing trends such as compliance with regulations and changing internal policies as well as energy savings at all service levels in countries such as Namibia. Meanwhile in Ghana, there is an emergence of a number of small local FM companies as subsidiaries of major property development companies.
“With time, and as clients become more aware of the value of FM services, the sector is expected to grow across many African countries,” adds Michau.
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.
I imagine that this would be a trend that's happening across multiple industries at the moment because these services would greatly lift a big burden off of these companies' shoulders. I don't think they would want to worry about what's in storage or the daily nitty gritty handling of units in and out of their properties. They need to focus on the operations that bring the money in! It just makes sense!
When we talk about growth in any sector at all, it simply goes to show that there is an increase in consumer demand. Consumers need services and when businesses come forward to fulfill them, the sector is bound to see rapid progress. This is how we can tie consumer relationship with the businesses. They work directly and affect each other to a certain extent.