African companies take on multinationals (and, increasingly, they’re winning!)

African companies are taking on massive multinationals in their home markets and, increasingly, winning.

Research by the Boston Consulting Group conducted last year shows that multinationals are losing market share to local competitors.

The Money Show’s Bruce Whitfield interviewed Dianna Games, Chief Executive at Africa @ Work.

Games spoke about her latest Business Day column entitled “Flourishing African Companies rattling multinationals’’.

Scroll down for quotes from the audio below.

There’s a huge improvement in the way that business is being done in Africa.

Dianna Games, Chief Executive at Africa @ Work

Companies like Coca-Cola are under a bit of pressure from local brands.

Dianna Games, Chief Executive at Africa @ Work

Many African expats are returning home to work in local companies in the financial services sector.

Dianna Games, Chief Executive at Africa @ Work

South Africans have been complacent about some of the local companies.

Dianna Games, Chief Executive at Africa @ Work

I’ve been travelling across Africa for two decades. I’ve noticed a lot of change in the past seven or so years.

Dianna Games, Chief Executive at Africa @ Work

Subscribe to our Business Wrap Newsletter

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Best bank ad ever? Andy Rice reviews Investec’s “you’re more than data”

Best bank ad ever? Andy Rice reviews Investec’s “you’re more than data”

The Money Show’s Bruce Whitfield interviews the advertising expert about the best and worst new advertisements.

Private school company Curro Holdings profits up 31%

Private school company Curro Holdings profits up 31%

The Money Show’s Bruce Whitfield interviews Curro Holdings CEO Andries Greyling.

Save 20% on groceries (buying together is power!)

Save 20% on groceries (buying together is power!)

Struggling to make ends meet? Bruce Whitfield interviews Nokwethu Khojane, cofounder of group buying company Lakheni.

Is the qualification real? Check out this ingenious, real-time verification tool

Is the qualification real? Check out this ingenious, real-time verification tool

The Money Show’s Bruce Whitfield interviews Logan Attorneys Consumer Law Specialist Stephen Logan.

Tiny South African aluminium company the sole supplier of vital Tesla component

Tiny South African aluminium company the sole supplier of vital Tesla component

How Pietermaritzburg based Hulamin became Elon Musk’s only supplier of an essential component of all Tesla cars.

Why some African companies succeed on the Continent while others fail

Why some African companies succeed on the Continent while others fail

We interview the editor of “Africans Investing in Africa”, a book on the success (or lack) of intra-African investments.

Popular articles
It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.

How Tracey Chambers is helping unemployed moms become entrepreneurs

How Tracey Chambers is helping unemployed moms become entrepreneurs

The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.