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Your best business development ideas in South Africa

Hi everyone,

As a foreign entrepreneur, launching a business in South Africa is a fantastic project and an exciting challenge. Some ideas are likely to succeed. Some others are promising but may not work as well as intended.

In your opinion, what kind of business or industry is likely to succeed in South Africa? What kind of industry or service currently unavailable or underdeveloped in the country would meet local needs?

On the other hand, what are the most common business types foreign entrepreneurs would be eager to launch in the country but with very little chance of success?

Thank you for your insights.
Priscilla

south africa has a very competitive business enviroment which is protected by the state.personal i would offer professional services on the critical skills list.the chances of success depends on my professional depth as i will have to go through stiff competition.it will take time for me set my foothold on the market.

the most common type of business is tuckshopping.but the challenges is to face stiff competition from big chainstores like shoprite,pic n py etc.the people here are used to these chain stores.security is also of conern as so many foreigners have been burnt alive in their tuckshops

looting can happen anytime when there is a general complaint.the main problem is that south africans are armed  with firearms.

the industry which is better is mining but needs a lot of capital input and is very complicated .another industry which is very viable is electronics technology which should include cell phone repairs,dvd repairs and radio repairs
this industry is very viable because these skills are scarce,especial chinese electronic technology since most goods here are from china and frequently break down.

merchandising can be viable if one can compete with existing supply chains and also if specialising on certain products after a market research.

on the otherhand the most common type of business is general dealing   but success depends on good customer relationship and also ability  to withstand competition.south africa has a large population and demand for food is very high.if one can locate buissness nearer to people on cetain places and maintain a fair price one can win.

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