FutecSA Holdings

Organic cosmetics is the future. Watch the space!! #Africa #economicdevelopment #southafrica

If you are not building a social enterprise, we do not know what your business model will be in next coming years. Africa is the next destination!! #socialenterprise #economicdevelopment #africa

We couldn't find a better way to play our part in local industrialisation to develop African economy. We believe in innovative systematic distribution and sustainability. Indeed Africa is the next destination!! #economicdevelopment #Africa #FutecSAHoldings

Targeting local South African suppliers as a subset of our customers is a wonderful way to support the local economy and build strong partnerships. Some potential industries or sectors we explore within this subset include: 1. Agriculture and agro-processing. 2. Manufacturing.  3. Small and medium-sized enterprises (SMEs). 4. Township and rural-based businesses. By focusing on local suppliers, we help promote economic growth, job creation, and community development in South Africa. Some potential value propositions to offer our subset of customers include: 1. Access to new markets and customers. 2. Supply chain optimization and efficiency. 3. Technology and innovation adoption. 4. Access to financing and funding opportunities. 5. Business development and capacity building support. By understanding the specific needs and pain points of local South African suppliers, we have tailored our solutions to meet their unique requirements and build strong, meaningful relationships. #localprocument #economicdevelopment #jobcreation

The township economy is a significant sector in South Africa, providing employment opportunities, driving local economic development, and fostering entrepreneurship and innovation. With an estimated 17% of the country's total employment and 2.5 million workers, it plays a vital role in addressing unemployment, stimulating economic growth, and empowering communities. The importance of the township economy extends beyond its economic contributions, as it also promotes a culture of self-reliance and resilience within the community. By supporting local businesses and entrepreneurial activities, it helps alleviate poverty and contributes to the overall economic development of the country. FutecSA Holdings' commitment to contributing to the township and rural economy is commendable, and we wish for the success. We will keep sharing our insights and progress. Remember, the township economy has the potential to: - Generate employment and reduce unemployment rates. - Stimulate economic activity and attract resources to marginalized areas. - Foster entrepreneurship, innovation, and a culture of self-reliance. - Empower communities and reduce inequality. - Contribute to the overall well-being and development of historically disadvantaged areas. By supporting and growing the township economy, we can create a more inclusive and prosperous future for all South Africans. #townshipeconomy #economicdevelopment #informalsector

Africa is the next destination.

This is what a lot of folks are actually talking about, usually a layer or two beneath the surface: we all have “potential” to do some everyday tasks at least a little more effectively. We could all probably improve our math skills, for example. Or piano. If we really clenched hard and went for it, we could probably work out more, climb a little higher in the social hierarchy, learn to juggle, etc. In this sense, “human potential” is referring to something very real and practical, but is not really all that inspiring or extraordinary. At the end of the day, it is mundane.

Women are essential to a country’s development and functioning, yet they still face a great deal of discrimination and violence because of their gender. What of the situation on the African continent? Women are those who suffer the most from gender inequality and marginalization on the continent. What are the solutions to gender inequality and discrimination against women and girls? What actions are possible? Africa has made significant progress towards gender equality and women’s empowerment, yet inequalities reached a critical level in West Africa. It is, therefore, interesting to take stock of discrimination on the African continent (I), and then look at the different actions that can be taken to remedy gender inequalities (II). What need to be done is to integrate SDG 5 into all development programs, recognizing that it is not a standalone goal. Gender Equality and Women's Empowerment program addresses challenges faced by women and girls across Africa, and supports member states in their efforts to achieve gender equality and women's empowerment targets outlined in global and regional instruments. By taking a holistic approach, in FutecSA Holdings we strive to promote gender equality in all aspects of development. #genderequality #womenempowerment #industrialisation #economicdevelopment #africandevelopment

The world is changing at an unprecedented rate in terms of innovative technologies, shifting customer expectations, as well as increasing social awareness of gender equality and restoration of previously marginalized communities. These major shifts have a considerable impact on the future of Africa’s manufacturing sectors. Technological advancements have given rise to the revolutionary Industry 4.0. This phenomenon represents the complete digitisation of factories and manufacturing facilities that will ultimately merge with the unique needs of individual customers, resulting in benefits such as customized product design and manufacturing processes as well as speed to market to maximize customer satisfaction. Moreover, Industry 4.0 brings with it a host of additional benefits for manufacturers such as cost, productivity, profitability and operations that manufacturers are striving to control, streamline, optimize and enhance. Similarly, these opportunities extend to small and medium businesses, allowing them to establish new business models and integrate into global value chains. Accordingly, Industry 4.0 remains a considerable opportunity for African manufacturers, ultimately giving the continent a leading edge over the global economy. In the face of increasing digitalisation, barriers to entry with reference to the manufacturing sector are dwindling, translating into a positive outlook for new African market entrants who are more flexible than their larger, more cumbersome counterparts, thereby providing products and services that were once the exclusive domain of major incumbents. #industrialautomation #africanbusiness #innovation #technologysolutions

Across the African continent, the relentless spread of networks, sensors, artificial intelligence, and automation is driving a revolution to an unknown destination. Emerging technology is having a powerful impact on the security and stability of African states. Yet the digital revolution’s ultimate legacy will be determined not by technology, but by how it is used. African countries that take advantage of the opportunities and limit the risks inherent in emerging technology may achieve greater peace and prosperity. The rise of fintech and mobile money in Africa is spurred on by providing financial freedom to the unbanked. So what can we expect from Africa’s fintech market in the future? Financial freedom and digital innovation are certainly key aspects that will improve the lives and economies of Africans and their nations, but fintech will continue to evolve into an industry that we cannot fathom today. Check innovation around Fio Group through FioX which is coming soon to see the effect of financial freedom. #financialfreedom #economicdevelopment #innovationinfinance #digitisation