Businessafrica.net Newsletter ISSN 1563-4108
Dr. QUENUM & ASSOCIATES
INVESTMENT AND BUSINESS PLANNERS

Tel: +1 440 941 5187
Click here for contact & support console


Click here to Purchase Africans, Stop Being Poor!
QUESTIONS & ANSWERS
ABOUT TRADING AND INVESTING IN AFRICA

Africabiz Online Home
Jobs Bidding
Current
Financing
Opportunities
Desktop Control
Add Links
Dynamic News
Developing News
MediaKit
FAQ
Contact-Support
Site Search by Freefind

Only US$12.75
Achetez Africains, Refusez de Rester Pauvres!


Visitors to
Businessafrica.net often post feedback to Dr. Quenum and Associates and
AFRICABIZ ONLINE management to ask questions pertaining to investing and trading in Africa. Some of these questions and relevant answers are reported in the following pages for the benefit of all visiting guests of AFRICABIZ ONLINE and BusinessAfrica.net. Our strict policy is to save the privacy of our guests; names are never mentioned in "Questions and Answers"; only first name is reported


QUESTION FROM PHOENIX, USA

Dr. Quenum, my name is Cheryl. I am in the USA and am studying for my MBA at the University of Phoenix. I am presently enrolled in the International Business course. My assignment is to evaluate a foreign country for entry into the country with a business. I have chosen South Africa and would like to solicit information from you to help with the report. If at all possible, could you send me whatever information you have that would address the following questions:

1. What are viable markets in South Africa?
2. What cultural aspects need to be considered before entering the market?
3. What is the political climate regarding Western investments into existing business?
4. What is the climate for new business entry from the West?
5. What are the basic steps to enter the market in South Africa?

Thank you so much for your assistance. I have a week to complete this assignment, so I would greatly appreciate your help as soon as you can attend to this request.Thank you again.

ANSWERS

Hello Cheryl,

I can't give you more than the concise inputs below outlined. You may have more information by pointing your browser to the following URL and visit links included under "Investors contacts":

Briefs on investing and trading in South-Africa

1- In South Africa (RSA) there is a huge reservoir of opportunities to do business in all kinds of fields: agribusiness, transport, telecom, housing schemes. Etc.

Due to the restrictive economic development policy staged by the apartheid regime - for more than 50 years - towards the majority Black population, there is a
desperate need for low cost housing schemes.

2- The majority of the population being Black, one should pay great consideration to their community needs; get in touch with community leadership and
not act and or pose as the savior.

This is compulsory to avoid misunderstanding, loss of confidence in partnership, which many American investors, particularly African Americans, have experienced.


It is not necessary to have an African American as introducer and or manager of business, unless he avoids posing as "brother" who had helped South Africans fight the apartheid regime
.

You may explore "The New YorkTimes" archives and search for an article published on July 7, 1998, by Donald G. McNeil Jr. under the title:"
Black Pioneer Answers Africa Challenge"; and in the same journal, by same author, dated April 17, 1998: "South African Businesses Learn About Black Empowerment"

3- All investors are welcome. Investment rules are clear of any pitfall; you may explore this link for more.

4- idem as above.

5- Make an initial exploration to have trusted local partner(s) and take it from there with a thorough market study in line with Business envisaged; follow-up by a precise and financially documented Business Plan

Bye
Questions on Papain's production.
Questions on Solar powered lanterns' production.
Questions on women's hygienic underwear (in French)

FREQUENTLY ASKED QUESTIONS
AFRICA'S DYNAMIC NEWS HEADLINES

COUNTRIES BRIEFS
OFFERS ON TROPICAL COMMODITIES


Africabiz Newsletter

Subscribe to Africabiz RSS Feed Africabiz Online's Copyright 1997 - 2017 by Dr. Quenum & Associates and registered at main Internet's and RSS Feed's Directories as Africabiz

Click here to review million of Free Auctions and Classifieds
Click for Banners Positioning and Pricing
SEARCHING FOR SUCCESS IN HOME BUSINESS?
YOU NEED A COMPUTER & THE RIGHT KNOWLEDGE & TIPS

Click Here to Download Free eBooks for Successful Home Business