Tag Archives: competition
competition: Latest News
Peter Pedroncelli, 4:30 am
The Seedstars Africa Summit will be bringing together the best tech startup talent from around the African continent in December. The third annual Seedstars Africa Summit will take place on Dec. 14 in Mozambique, with all of the winners of the various Seedstars World competitions throughout Africa attending the event. Seedstars World holds these events in around 70 countries before winners are selected to take part in a grand final.
Tom Jackson, 8:48 am AFKI Original
Uber says there’s enough room in Africa for all types of taxi and ride-hailing services. The US-based tech company headed off early competition on the continent, but new competitiors are rising. Uber hypes up the competition, saying it means more choices that are affordable, reliable, and produce jobs. One new Uber competitior, Africa Ride, offers drivers a share in the business, saying it empowers them more than Uber does. “Drivers will want to log in on the app which they own and have control over,” said Africa Ride founder Thabo Mashale.
The Conversation, 9:16 am
Disruptive competition through technology can benefit consumers, but it also raises socioeconomic issues. Africa is no exception. There are concerns that Uber, with its first-mover advantage in the ride-sharing market, is growing into a monopoly despite the benefits to consumers. Traditional metered taxis are seeing red. In South Africa, new entrants into the ride-sharing app market have made little progress. The picture is very different in Kenya. Safaricom appears to have overcome the seemingly insurmountable first-mover position enjoyed by Uber.
Dana Sanchez, 1:05 am
South Africa’s metered-taxi drivers are getting their own taxi hailing app to compete with Uber, and Uber says bring it on. In their latest protest against Uber, members of the SA Metered Taxi Association on Friday blocked highways and entrances to O.R Tambo International, the country’s busiest airport. Uber says there’s enough business to go around in Africa, and it encourages the competition to use technology to access what it says are abundant economic opportunities. As the price of smartphones fall and mobile penetration rises, Uber is also looking for more opportunities to invest in Africa’s taxi-hailing industry.
Dana Sanchez, 11:07 am AFKI Original
South African media giant Naspers is launching its 18-month-old internet TV service ShowMax in Poland. It plans to provide hyper-local content and original productions rather than trying to compete with expensive shows designed to appeal to audiences worldwide. It’s competing with the much older, bigger, more established U.S. firm Netflix, which launched in 1998. Netflix is also commissioning original content, but it has an overseas problem, one commentator said. “It just doesn’t have the amount of local content that some of the (streaming and pay TV) competitors have.”
Dana Sanchez, 1:07 pm
Through regulation and legislation, the ANC-led government plans to break up the dominance of some big players in the local market such as media, banks, retail and construction. It plans to introduce new competition laws for “a more inclusive economy” and to “deconcentrate high levels of ownership and control.” This means it will force some sectors to give up their empires — like the so-called “Stellenbosch mafia.”
Dana Sanchez, 10:32 am
Faced with an escalating price war at home in India, Bharti Airtel is looking to its African operations to reduce debt. India is one of the most competitive telecom markets in the world. The company lost $91 million in Africa in Q3 of 2016. Airtel has 22.14 percent market share in Nigeria and 34.1 million customers. Market observers in Nigeria say lack of access to foreign exchange for operators, falling revenue per user and customers’ lack of disposable income are hurting telecom operators in the country.
Opinion: State-Owned African Electricity Monopolies Should Stop Seeing Off-Grid Solar As CompetitionBy Staff, 12:02 am
Manufacturers of off-grid power systems say they can’t keep up with demand in Africa. Many policymakers in Africa see off-grid solar and traditional technologies as competing and fret that off-grid power companies will eat into the customer base of state-owned electricity monopolies. Instead they should encourage the competition. It’s lifting the burden of rural electrification from the state and allowing the state to concentrate investment on improving power supplies for large-scale industrial growth.
Kurt Davis Jr., 8:49 am AFKI Original
Japan has a favorable rating in many countries. The Chinese have been criticized for executing half-effort projects such as using poor quality materials on roads. China-Africa trade in 2015 amounted to about $180 billion — nearly 7.5 times more than Japan-Africa trade. African leaders are watching and appear willing to benefit from the sociopolitical competition between the two countries. If the numbers grow because of the “race to Africa,” Africa will benefit.
Dana Sanchez, 12:42 pm
While there is plenty of information available online about Airbnb’s growth in South Africa, not much is available on its progress throughout the rest of the continent. We know that Airbnb has 25,000 listings in South Africa, and more than half are in Cape Town. Marriott, meanwhile, is on track to have 205 hotels and 37,000 rooms in all of Africa after its six new African hotels are built. Three of the six new Marriott properties will be in Cape Town.
- Real Estate