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 Bongumusa Makhathini, Chairperson of the Board that has to save the SABC

Meet Bongumusa Makhathini, Chairperson of the Board that has to save the SABC

The Money Show’s Bruce Whitfield interviews Makhathini for his “ShapeShifter” feature.

Meet Vuyani Jarana, the brave man tasked with saving SAA

Meet Vuyani Jarana, the brave man tasked with saving SAA

The Money Show’s Bruce Whitfield interviews South African Airways' brand-new CEO.

Meet movers and shakers of the whisky industry (incl a Johnnie Walker supplier)

Meet movers and shakers of the whisky industry (incl a Johnnie Walker supplier)

The Money Show’s Bruce Whitfield interviews key industry players Donald Colville, Shauna Jennens and David Roussier.

Meet Mteto Nyati (former MTN head), now CEO of iconic SA tech firm Altron

Meet Mteto Nyati (former MTN head), now CEO of iconic SA tech firm Altron

The Money Show’s Bruce Whitfield interviews Nyati for his weekly “ShapeShifter” feature.

Meet Margaret Hirsch; the inspirational founder of appliance retailer Hirsch’s

Meet Margaret Hirsch; the inspirational founder of appliance retailer Hirsch’s

The Money Show’s Bruce Whitfield interviews Hirsch for his regular “ShapeShifter” feature.

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.

Popular articles
So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.

Shop 'til you drop: The top 'Black Friday' deals this week

Shop 'til you drop: The top 'Black Friday' deals this week

Start your Christmas shopping off with a bang at these major retailers offering some impressive discounted sales for Black Friday.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

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.