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THE RICHEST MAN IN AFRICA ALIKO DANGOTE

  How Aliko Dangote Became the Richest African  At the age of 21, Aliko Dangote borrowed $3,000 from his uncle in order to import and sell agricultural commodities in Nigeria, his native country. His business venture quickly became a success, and as a result, he managed to repay the entire loan within three months of starting operations. Today, Dangote is the wealthiest man living in the African continent with an estimated net worth of $17 billion. The business empire that he began to build more than three decades ago, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa. Dangote's business interest encompass many industries, including oil and gas, consumer goods and manufacturing. About 80% of his conglomerate's revenue comes from Dangote Cements, which is expected to realize a 40% increase in profits this year. According to Forbes magazine, the subsidiary supplies 53% of the cement market in Niger...
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SOUTH AFRICA'S YOUNGEST MULTI MILLIONAIRE

FOREX NEWS 10 things about Sandile Shezi – The Forex Trader So who is Sandile Shezi? Sandile Shezi has won the title of being South Africa’s youngest multi-millionaire. However, he was just a little boy that was motivated by the poverty that surrounded him during his childhood. Here is 10 things about the forex trader you are not aware of:A few years ago Sandile was just a young boy trying to make his way into this world. He was laughed and ridiculed at for selling muffins at his high school to make extra pocket money.Sandile is the proud owner of his company Global Forex Institute and is established as a high-risk forex trader. Global Forex Institute is the best forex training institute in South Africa and caters for the lower income bracket.Ever wondered at what age did Sandile begin forex trading? Well, the answer to this is since he was 12 years of age. Yes, that’s right he has been trading before he even became a teenager by selling muffins at his school and he later used t...
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One of black successfull business man

South African Entrepreneurs Sisa Ngebulana – Rebosis Property Fund (Billion Group) Full Name: Sisa Michael Ngebulana Sisa Ngebulana Rebosis Fund CEO CEO of Rebosis Property Fund Limited Net worth – R400 Million Sisa Ngebulana is the Chief Executive Officer of Rebosis Property Fund Limited. Ngebulana is also the Founder and Executive Chairman of Billion Group Limited. At a Glance Born: in East London, South Africa (Age 46)Source of Wealth: Property Development, Construction, self-madeResidence: Johannesburg, South AfricaCountry of Citizenship: South AfricaEducation: LLB, University of KwaZulu-Natal; LLM Masters Degree, Rand Afrikaans University Biography of Sisa Ngebulana Mr. Sisa Michael Ngebulana, B.Juris, CEA (SA) LLB, LLM is the Chief Executive Officer and Executive Director of Rebosis Property Fund Limited since August 13, 2010. He is the Founder at Billion Group (Pty) Limited since 1998 and it’s Executive Chairman. Mr. Ngebulana is an admitted Attorney of the High Cou...
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SA Entrepreneurs Magazine Business Magazine & Directory Listing of South African Entrepreneurs
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GDP growth in 2017 better than expected - Stats SA

Cape Town - The South African economy grew by 1.3% in 2017 compared to 2016 and following an increase of 2.3% in the third quarter of 2017. The annual growth exceeds National Treasury’s expectation of 1% growth announced during the National Budget Speech in February, Statistics SA said on Tuesday. "In a time when good news seems hard to come by, the latest gross domestic product (GDP) results provide some cautious cheer," Stats SA said in a statement. "After a wobbly start to 2017, which saw economic activity contract in the first quarter, the economy saw sustained growth for the remainder of the year. The fourth quarter experienced the highest growth rate of 2017, with the economy expanding by 3.1% quarter-on-quarter - seasonally adjusted and annualised." The strengthening in economic activity over 2017 was partly driven by an agriculture industry bouncing back from one of the worst droughts in recent history. A bumper maize crop and recovery in other agri...
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NYDA BUSINESS FUNDING

The qualifying criteria includes: ·   The applicant must have attained the age of eighteen (18) years at the time of application; ·   Require the grant for business start-up or growth; ·   Are youth (18-35 years) with necessary skills, experience or; with the potential skill appropriate for the enterprise that they conduct or intend to conduct; ·   Are South African citizens and are resident within the borders of South Africa; ·  A re involved in the day-to-day operation and management of the business; ·   Require grant from NYDA of not less than R1, 000.00 and not more than R100, 000.00; ·   Require grant from NYDA of not less than R1,000 and not more than R1, 00, 000 within the following thresholds: Threshold 1 Survivalist business R1,000 - R10,000 Threshold 2 Start Up R10,001 - R50,000 Threshold 3 Growth R50,001 - R100,000 ·   Operate either informally or formally; generally recognised as micro enterprises (...
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Forex Market

The Forex Trading Business Opportunity is Too Good to Resist Forex trading as a business opportunity is indeed a very appealing one. That hardly anyone wants to ignore. The promise of low operating costs, and the potential for good profits, is very good. It is in fact much superior to many other classic business opportunities. This is because the forex market is a global market. Where it is in fact possible to profit, on a global scale. Business models which focus too much on the local economy are inherently limited in what they can offer. This is because wealth, as defined by money, flows one way. More specifically it tends to flow from large geographical areas to small big city areas. And it constantly loses value, due to to inflation. In other words, money is not really indefinitely recycled. It goes around and around several times until its buying power is completely gone. This is why countries must have open borders for global trade. And to make it easier for businesses to impo...
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