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
Read More
Meet the famous Mark Mobius (aka ‘Pied Piper of emerging markets’)

Meet the famous Mark Mobius (aka ‘Pied Piper of emerging markets’)

A key figure in developing global emerging markets policy; there’s even a comic book on his life!

Data, data everywhere! Meet Ornico Group’s Oresti Patricios…

Data, data everywhere! Meet Ornico Group’s Oresti Patricios…

Ornico monitors and simplifies “big data” for 300 local advertisers, either directly or through their agencies.

The story of Wellness Warehouse (and how it won the niche health market)

The story of Wellness Warehouse (and how it won the niche health market)

The Money Show’s Bruce Whitfield interviews Wellness Warehouse cofounder Dr Sean Gomes.

Adriana Marais  may soon leave for Mars (never to return)

Adriana Marais may soon leave for Mars (never to return)

"Either we stay on Earth and go extinct, or we become a multi-planetary species," says Quantum Biology Researcher Adriana Marais.

Meet Keith Kirsten, guru of gardening and world-renowned horticulturist

Meet Keith Kirsten, guru of gardening and world-renowned horticulturist

Bruce Whitfield interviews Kirsten about his 30-year-long career and his new franchise concept, Keith Kirsten Garden Centre.

How a single township internet café grew into a nationwide IT franchise business

How a single township internet café grew into a nationwide IT franchise business

Meet the inspirational Luvuyo Rani, Social Entrepreneur of 2016. Learn about his fascinating business and the lives he’s changing.

Popular articles
Driving lessons to be incorporated into SA school's curriculum

Driving lessons to be incorporated into SA school's curriculum

Spokesperson for Transport Minister, Dipou Peters, says learners will be given an opportunity to become good and safe drivers.

LISTEN: I paid for sound system from my own personal account - Phahlane

LISTEN: I paid for sound system from my own personal account - Phahlane

Acting National Police Commissioner Khomotso Phahlane says he paid for his R80 0000 sound system at his house in Pretoria.

Public servants to have their red carpet moment at SA politician awards

Public servants to have their red carpet moment at SA politician awards

The brains behind the South African Politician Awards denies that he is hosting the event to rub shoulders with political bigwigs.

Madonsela warns against appointing woman President as a proxy

Madonsela warns against appointing woman President as a proxy

Former Public Protector Advocate Thuli Madonsela addressed the Cape Town Press Club on a number of issues.

Lumka Oliphant sorry for insulting women while defending Minister

Lumka Oliphant sorry for insulting women while defending Minister

Minister Bathabile Dlamini's spokesperson says people should stop spreading lies that minister drinks alcohol.

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.

Meet Chuma Somdaka, a homeless artist who blogs about art

Meet Chuma Somdaka, a homeless artist who blogs about art

Chuma spends her days making art and her nights on a bench in The Company's Garden in Cape Town where she displays her artwork.