ShapeShifter

Shapeshifters: Sneha Shah, of Thomson Reuters is committed to African growth

Reuters and Thomson came together in 2008 and Shah says it certainly helped them get through the financial crisis and flourish.

The marriage happened in 2008, and it was fantastic timing, after the financial crisis, bringing the two companies assets together, really allowed us to survive and thrive.

Sneha Shah, MD of Africa at Thomson Reuters

What Reuters brought to the equation, was that historic news piece and trusted journalism around the world, the global footprint as well as financial data. and what Thomson brought was very much professional services data, legal, tax, information, property data, as well as a wealth of financial data.

Sneha Shah, MD of Africa at Thomson Reuters

I joined in 2001, in July, in New York.

Sneha Shah, MD of Africa at Thomson Reuters

But she was born in Kenya, a 3rd generation Indian whose grandparents had come to Kenya to open shops next to the railways where many Indian immigrants worked.

Her father was an entrepreneur involved in importing business.

Shah later went to university in Britain where she graduated with a degree in politics and international studies.

Its a great course when you don't know what you want to do with your life, but you want to sound like you know what you talking about.

Sneha Shah, MD of Africa at Thomson Reuters

Jokes aside, Shah had a deep interest in politics and development.

And years later Thomson Reuters was to send her back to Africa, her childhood home to manage their African business.

Thomson Reuters had not put enough focus on these markets and what was needed to help develop them

Sneha Shah, MD of Africa at Thomson Reuters

And this is a big part of her work.

We've doubled in the last four years, and expect to double again in the next three - both in terms of revenue and geographical growth.

Sneha Shah, MD of Africa at Thomson Reuters

She credits their success to listening and finding out what the African markets really need.

The growth is through listening and talking to central banks, financial institutions and governments and asking them what do they need for making this transition from aid based economies to knowledge based economies. What type of information systems do you need?

Sneha Shah, MD of Africa at Thomson Reuters

many are looking for ways to generate revenue. And land is our largest asset across Africa. But land records are not reliable to do property valuations and develop a mortgage market - so we can help them digitise land records and begin process of valuations. Then once traditional sources of revenue like oil begin to fall away, they can start relying on new sources of income.

Sneha Shah, MD of Africa at Thomson Reuters

Recommended

by NEWSROOM AI
Read More
SPARK Schools provides Singapore-quality education for R19 400 per year

SPARK Schools provides Singapore-quality education for R19 400 per year

Our education system is poor, leading to a proliferation of private schools, most which are unaffordable even for the middleclass.

Private schooling for your kids (at a low price unheard of just a few years ago)

Private schooling for your kids (at a low price unheard of just a few years ago)

The Money Show’s Bruce Whitfield interviews SPARK Schools cofounder and CEO Stacey Brewer.

We’re in the business of serving black people with dignity - APM CEO

We’re in the business of serving black people with dignity - APM CEO

The Money Show’s Bruce Whitfield interviews Africa People Mover (APM) founder and CEO Tumisang Kgaboesele.

Meet Phumzile Langeni, tasked by the President to raise R1.2trillion (TRILLION!)

Meet Phumzile Langeni, tasked by the President to raise R1.2trillion (TRILLION!)

You may not have heard of Langeni, but she has one of the hardest and most important jobs in SA. Bruce Whitfield interviews her…

Like KFC? Of course you do! Meet Doug Smart, its Managing Director in Africa

Like KFC? Of course you do! Meet Doug Smart, its Managing Director in Africa

Bruce Whitfield interviews Smart who, at the age of 52, is retiring, and looking forward to a more “purposeful” second life.

Meet Sylvester Chauke, founder of DNA Brand Architects (one of Africa’s best)

Meet Sylvester Chauke, founder of DNA Brand Architects (one of Africa’s best)

He may just be the world's biggest Madonna fan! Bruce Whitfield interviews Chauke for his weekly “ShapeShifter” feature.

Popular articles
[WATCH] Kettle VS Cattle for lobola

[WATCH] Kettle VS Cattle for lobola

Khabazela shares the Facebook , Twitter, and YouTube videos that have social media in a frenzy on What's gone Viral.

Radio powerhouse joins 702

Radio powerhouse joins 702

Richard Nwamba will host a new African music show between 16h00 and 18h00 every Saturday.

Why the PAC wants South Africa renamed Azania

Why the PAC wants South Africa renamed Azania

Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.

Is the lovable Winnie The Pooh a boy or girl?

Is the lovable Winnie The Pooh a boy or girl?

A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

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?