📈 South African Manufacturing Confidence on the Rise: What This Means for the Economy and Talent Demand At TechTalent, we stay informed about market dynamics to provide the best recruitment solutions. Recent reports show encouraging trends in South Africa’s manufacturing sector, signaling opportunities for growth and investment: Business Confidence Grows: The Absa Manufacturing Survey reveals confidence in the sector has reached its highest point in two years, spurred by reduced loadshedding and improved capacity utilisation. Investments in renewable energy and infrastructure are paving the way for sustained growth. Future Outlook Positive: Manufacturers report increasing optimism for business conditions over the next 12 months, with plans for substantial investments in machinery and equipment. This shift reflects a focus on resilience and long-term growth. Broad Economic Optimism: The South African Chamber of Commerce and Industry’s Business Confidence Index (BCI) also rose in November, underpinned by increased tourism and lower inflation, despite challenges like rand volatility and financing costs. This renewed confidence across sectors is a promising indicator for professionals in manufacturing, engineering, and related fields. As the industry prepares for growth, the demand for skilled talent will intensify, creating exciting opportunities for businesses and job seekers alike. 🌟 Are you ready to align with this wave of confidence? Let TechTalent connect you with the right talent or career opportunities in this evolving landscape. #TechTalent #SouthAfrica #Recruitment #ManufacturingGrowth #EconomicTrends
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In our latest Ask the Expert series, Kh. Tanveer Saleem, CIO of United Energy Pakistan, highlighted a critical challenge in Pakistan's IT industry: the scarcity of talent. He pointed out that the industry is struggling to find the right people for the right jobs, which is becoming a significant issue. This talent shortage is not only affecting local operations but also our ability to contribute effectively to the global tech ecosystem. As Pakistan becomes more integrated into the global market, the demand for skilled professionals who can meet both local and international needs is growing. Tanveer emphasized that addressing this talent gap is essential for the growth and success of the IT sector. By focusing on nurturing and retaining top talent, we can ensure that Pakistan's IT industry continues to evolve and compete on a global scale. #AskTheExpert #ITinPakistan #TalentShortage #GlobalEcosystem
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In his letter to the nation, written on 12 February, President Cyril Ramaphosa focused on attracting skills that will enable growth and reflected that, to succeed in the fast-paced, ever-changing global economy, South Africa needs people with the appropriate skills. “With South Africa fast becoming an increasingly attractive destination for industries like business process outsourcing and customer experience, attracting more skilled workers will be important. Last year, for example, a leading international strategic advisory firm ranked South Africa second as the most favoured offshore customer experience delivery destination globally. Since 2016, the government has invested more than R3-billion towards supporting the growth and expansion of business process outsourcing, and is targeting the creation of approximately 500,000 jobs in the sector by 2030.” -H.E Ramaphosa. Read the full article from the latest edition here: https://hubs.la/Q02n7Lmq0 #Outsourcing #Skills #Jobs #PublicSectorLeaders #Publication #TopcoMedia
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🌟 Exciting Developments in South Africa’s Manufacturing Sector! 🌟 I am thrilled to share the latest news about the Manufacturing Support Programme in South Africa, an initiative dedicated to bolstering our local manufacturing industry through strategic grants, incentives, and resources. The Manufacturing Support Programme is designed to: - Empower Small and Medium Enterprises (SMEs): Providing essential funding and resources to help SMEs thrive and expand their operations. - Drive Innovation and Technological Advancements: Supporting smart manufacturing and the integration of cutting-edge technologies to enhance productivity and competitiveness. - Promote Sustainable Practices: Encouraging eco-friendly manufacturing processes to build a greener and more sustainable future. - Create Jobs and Upskill the Workforce: Investing in skills development to ensure a capable and competitive workforce. - Foster Collaboration and Partnerships: Bringing together government, industry leaders, and local businesses to strengthen our manufacturing ecosystem. This programme is a significant step towards revitalizing South Africa’s manufacturing sector, creating jobs, and driving economic growth. It is a testament to our commitment to building a resilient and innovative industrial landscape. If you’re a manufacturer, entrepreneur, or stakeholder in the industry, I encourage you to explore the opportunities offered by the Manufacturing Support Programme. Together, we can build a stronger, more sustainable future for South Africa’s manufacturing sector. Let’s seize this opportunity to innovate, collaborate, and grow! #ManufacturingSupport #EconomicGrowth #Innovation #Sustainability #ManufacturingSA #SME #JobCreation #SkillsDevelopment #Collaboration
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Impact sourcing, including outsourcing contact centres, in South Africa is pivotal for various reasons: 1. Job Creation: Impact sourcing addresses significant unemployment challenges, particularly among young people, by providing job opportunities, especially in underserved communities or among marginalised groups. 2. Economic Development: By creating employment opportunities, impact sourcing contributes to economic development by boosting household incomes and stimulating local economies. 3. Social Inclusion: Impact sourcing often targets individuals facing barriers to traditional employment, such as those with disabilities or from disadvantaged backgrounds, promoting social inclusion and reducing inequality. 4. Skill Development: Impact sourcing programmes frequently offer training and skill development, equipping workers with valuable skills that enhance their employability and contribute to long-term career advancement. 5. Global Competitiveness: By utilising the diverse talent pool in South Africa, impact sourcing enhances the country’s competitiveness in the global marketplace, particularly in industries like IT and business process outsourcing. Overall, impact sourcing in South Africa has the potential to drive inclusive growth, empower communities, and contribute to sustainable development. Our Client Partnership Director Janine Hunt comments "Through impact sourcing, including the vital role of outsourcing contact centres, South Africa unlocks opportunities for job creation, economic empowerment, and social inclusion. Embracing diversity and investing in skills development, we foster inclusive growth, global competitiveness, and a brighter future for all." #impactsourcing #southafrica
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🌍 Unlocking Opportunities: Manufacturing in Africa 🏭 The manufacturing sector in Africa presents an unparalleled opportunity for local and international businesses to flourish and solidify their footprint on the continent. With the abundance of in-demand products being produced, the sector boasts a promising landscape where demand consistently surpasses supply. Curious to delve deeper into the potential of manufacturing in Africa? Hear firsthand insights from our Managing Director, Holger Vogt, as he sheds light on the vast opportunities awaiting. 🎥 Ready to explore further? Contact us via our website www.amena-africa.com for comprehensive information on navigating the manufacturing sector in Africa. #askAMENA #africa #investment #business #manufacturingInafrica #businessexpansion #opportunitiesawait
Opportunities in the manufacturing sector in Africa
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South Africa boasts incredible potential, but a growing skills gap threatens to hold back our economic engine. In tomorrow’s newsletter, we delve into the specific sectors most affected and explore the potential consequences for the country's future. But it's not all doom and gloom! I also explore potential solutions and how businesses can bridge the gap. Don’t miss out, subscribe on: https://lnkd.in/dtdt6twY and follow me to see if your industry is feeling the squeeze. If you want to see it first, then turn on the 🔔 notification. #skillsgap #southafrica #economy #talenthunting #jobmarket #hiring Emerging Search Consultants P.S. Do you see the skills gap impacting your industry? Share your thoughts in the comments!
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Unlock Your Business Potential in Egypt with Next Point 🌍 Are you interested in expanding your business into Egypt or tapping into new market opportunities from Egypt? Next Point is your trusted partner for navigating Egypt’s dynamic economy and connecting your business to strategic growth avenues. As the official representative of major Egyptian industrial powerhouses, including the Arab Organization for Industrialization (AOI) and Kader Factory for Developed Industries, Next Point provides unparalleled access to Egypt’s industrial, defense, and infrastructure sectors. Our Services: 🔹 Market Entry & Expansion: Customized solutions for entering and thriving in the Egyptian market, with comprehensive insights on regulations, industry demands, and local partnerships. 🔹 Strategic Partnerships: Connecting you with key players in Egypt, from government agencies to industry leaders, enabling you to establish a reliable network and optimize local presence. 🔹 Project Facilitation: End-to-end support for setting up operations, including feasibility studies, project management, and regulatory compliance, ensuring smooth operations. 🔹 Local Expertise with Global Reach: Our team combines deep knowledge of Egypt’s business landscape with an international perspective, ensuring that your business is set up for long-term success. Why Egypt? Egypt is a strategic gateway to markets across Africa, the Middle East, and Europe. With government-backed incentives, robust infrastructure projects, and a growing consumer base, Egypt presents an ideal hub for industries such as manufacturing, infrastructure, technology, and renewable energy. Through our partnership with AOI and Kader Factory for Developed Industries, we provide direct access to Egypt’s advanced manufacturing capabilities, industrial innovations, and export networks, making it the ideal platform for your business expansion. Ready to Grow in Egypt? Let’s discuss how we can help achieve your business goals. Contact us to explore a partnership or schedule a consultation. Together, we’ll turn your vision into success in one of the world’s most promising markets. 📧 office@next-point.org 🌐 www.next-point.org #NextPoint #BusinessInEgypt #AOI #KaderFactory #IndustrialGrowth #MarketEntry #GlobalExpansion #EgyptEconomy #BusinessOpportunities
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This post highlights the untapped talent, ambition, and potential in Africa. As the continent progresses, the need for skilled professionals across diverse sectors grows. Recruitment in Africa goes beyond filling positions; it focuses on matching dynamic roles that fuel progress, innovation, and economic development.
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South Africa's #BPO sector holds great potential for driving economic growth and #EmpoweringOurYouth. Read our latest blog to discover how empowering talent pools and ensuring service excellence will reinforce South Africa's leading position in the global outsourcing landscape.
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🚀 Exciting news! The July edition of the Jobtech Alliance newsletter is out now! In this latest issue, learn about: ✅ The updated Investment Thesis on Africa's labor demand and promising jobtech platforms ✅ Why Opareta/Avunja were chosen for investment, both leveraging an agent model ✅ Opportunities for Africa in the global digital work landscape and ✅ Valuable business model lessons from the Jobtech Alliance community Check it out here and subscribe: https://lnkd.in/e3HhJywM #jobtech #futureofwork #Africa
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