19 September 2008 European helicopter manufacturer Eurocopter has completed a R2-million upgrade of its service and maintenance facility at Cape Town International Airport, enabling it to better support a rapidly expanding southern African customer base and fleet. “This significant business increase is attributable, in a booming market, to the adequacy of our products to the customer needs and also to the recognition by the market of the quality of our support towards our customers,” Eurocopter Southern Africa CEO Fabrice Cagnat said in a statement this week. Dominant market player They are also used for VIP and corporate operations, the tourism and charter market, and for utility missions such as geo-seismic missions, game counting and power line inspections. Eurocopter currently supports a fleet of about 230 helicopters operating throughout southern Africa, with most of the aircraft being in service with police services and emergency medical rescue organisations. The company has also established the Eurocopter Southern Africa’s training academy at Lanseria outside Johannesburg. This new academy provides type rating and technical training for the whole Eurocopter product range to helicopter pilots and engineers for customers from across the region. “Our investments demonstrate Eurocopter Southern Africa’s dedication and commitment to provide first class customer service in southern Africa, and emphasises our long-term commitment to the region,” Cagnat said. Eurocopter Southern Africa expects orders of R650-million and a turnover of R508-million for 2008, a three-fold increase over the local subsidiary’s performance in 2005 – helping to keep the company’s market share in the region to over 70%. Would you like to use this article in your publication or on your website? See: Using SAinfo material The newly refurbished facility was opened on Thursday to coincide with the 2008 Africa Aerospace and Defence exhibition, where Eurocopter has a strong presence. Training academy at Lanseria SAinfo reporter “It could even increase in the future, as we have not felt yet the effect of the 2010 soccer World Cup.” “To meet this growth, we have increased headcount by 30%, and today Eurocopter employs about 100 personnel, including 25 qualified engineers at our Lanseria headquarters and at our newly refurbished service centre at Cape Town International Airport,” Cagnat said. Eurocopter has also increased the number of field representatives it has in the region to increase its presence, and the upgraded facility will provide technical and servicing capabilities to support operators from South Africa and the rest of the continent.
For years Apple viewed Nigeria as too poor to be an attractive market, so Samsung took the gap and now dominates mobile telephony in Africa’s most populous country. Global investors stand to lose if they ignore Africa’s potential, and the dynamics of its markets.West Hills Mall in Accra, the capital of Ghana, is the largest shopping centre in West Africa. Retail offers enormous opportunity in Africa, a continent of a billion people with rising purchasing power. (Image: Arc Architects)Mark Esposito, Harvard University, and Terence Tse, ESCP EuropeIf the mass media is to be believed, Africa is hardly a continent brimming with business opportunities. But for some time international business commentators have been describing the continent as the next market with significant potential.Today, Africa is often said to be ready to take on the mantle of Asia, where growth is slowing as markets become crowded and internal competition intensifies.China has anticipated this potential by investing extensively in Africa. The country’s total investments in the continent increased 30-fold between 2003 and 2011, from US$491-million to $15-billion.Africa’s traditional trading partners – Europe, the UK and France – have been left behind. China is now its top bilateral trading partner, with trade volume exceeding $166-billion.Africa has plenty to offer:Sixty percent of the world’s uncultivated agricultural landA huge labour forceForty percent of global reserves of natural resourcesMore than that, Africa is home to a billion people with rising purchasing power.It has the world’s youngest population, and several of its fastest-growing economies. Collectively, these economies have a bigger middle class than India.Many of Africa’s most rapidly expanding nations do not rely on natural resources, with nearly two-thirds of growth last year coming from strong consumer spending. And almost half its citizens now live in cities.Countries unaware of this potential risk losing out on the new Scramble for Africa. This time, the scramble is for trade.Victoria Island, an affluent suburb in Nigeria’s commercial capital of Lagos. (Image: Come to Nigeria)The opportunities: retail and a whole lot moreAfrica offers opportunities beyond natural resources, land and labour power. And you do not have to dig too deep to see that the continent offers many fast-expanding markets and pockets of excellence.One opportunity is in retail. Several countries represent a vast market space for retail, according to Retail in Africa: Still the Next Big Thing, a report issued by AT Kearney Limited in 2015.In Gabon, for example, the report suggests that with a GDP per person of $21 600, the country’s newly formed middle class offers significant opportunities to foreign companies, particularly as the domestic retail sector is highly fragmented.This story pans out on a larger scale. Nigeria, with its population of 178-million, has a somewhat underdeveloped retail sector. According to the report, modern supermarkets made up only 1% of all shopping expenditure as the market remains dominated by informal shops and convenience stores.Collectively, Africa’s fastest-growing economies have a bigger middle class than India.Another source of opportunity for foreign businesses comes from the way that cultures and habits are changing. The exceptional economic growth of Nigeria, for example, has allowed for greater consumption, especially for status symbols and products that symbolise tickets to middle class membership.From our own research, one of the products that has substantial growth, perhaps somewhat unexpectedly, is Champagne imported directly from France. Expenditure grew at an average of 26% between 2007 and 2012. A recent slowdown still leaves significant growth, forecast at 12% a year to 2017.An important point here is that luxury food and drinks products are emblematic of an important cultural shift towards a more sophisticated kind of consumption.Profiting from local market knowledgeIn a recent speech, the CEO of a leading communications agency pointed out that Nigerians, especially the wealthy, do not only shop for themselves. They also shop for their families as a way to display their reflected status.As the country becomes more affluent, we can expect more and more expensive high-end products coming into the market to please an expanding and increasingly demanding middle class.For many years, Apple viewed Nigeria as too poor to be an attractive market. This opened the way for Samsung to become the mobile telephony leader in Nigeria.‘It’s unwise to ignore African markets because of economic statistics. Rather learn about local market conditions.’How did the South Korean company do it? It realised that even though the country is relatively poor — with GDP per capita of only $3,000 – members within a family can easily collect funds from others. In this way, even cash-strapped teenagers can quickly accumulate enough from richer relatives to buy expensive mobile phones. The result: some 70% of high-end mobile devices are sold to people in lower income households.The Lucozade story is also instructive. It became the leader of the Nigerian drinks market by understanding when and where it would be needed and appreciated by people. Having its chilled energy drinks sold at the roadside increased its popularity among professionals who were often spending long hours in traffic jams. The drink became associated with providing refreshing moments.These observations may be anecdotal, but they demonstrate an important point: it would be unwise to ignore African markets because of economic statistics. The key is to try to understand particular markets, often working with local specialists.Innovation for AfricaA third source of opportunity is that African countries can also be sources of innovation. One of the most well-known and successful innovations is M-PESA.Started in 2007 by Kenya’s largest mobile-network operator, M-PESA enables people to transfer money between each other using their mobile phones. They can also use their mobiles to withdraw cash at local shops.Money transfers via mobile phones have boosted rural incomes by as much as 30%The high cost of existing money transfers has made the scheme extremely popular. It also offers a safe way to store money.And the benefits go way beyond mere convenience. A study found that rural Kenyan household income has risen by 5% to 30% as a result of adopting M-PESA.It is also claimed a range of start-ups have been founded in Nairobi on the back of M-PESA’s operations.As cultural and dynamic aspects of consumers are so different in Africa, it is very likely that we will see more innovations emerging from this part of the world.So, while it has been easy to dismiss Africa in the past as a place that is, at best, a provider of basic commodities, land and labour, a closer look reveals that it is not hard to see that opportunities are aplenty and just waiting to be tapped into.Mark Esposito is Professor of Business & Economics at Grenoble Ecole de Management and Harvard Extension School, Harvard University and Terence Tse, Associate Professor of Finance / Head of Competitiveness Studies at i7 Institute for Innovation and Competitiveness, ESCP Europe This article was originally published on The Conversation. Read the original article.
4 Keys to a Kid-Safe App The PlayStation 4 made a dramatic entrance Monday at the Electronic Entertainment Expo (E3) — and Sony had way more tricks up its sleeve than anyone could have anticipated. With Nintendo rendered mostly irrelevant, it’s a two-party fight between gaming consoles these days.(See also: The Road Home: Rebirth Of A Sony PlayStation Fangirl)So how does Sony’s successor to the PlayStation 3 stack up against Microsoft’s Xbox One? Here are the raw specs, with some further thoughts below. 9 Books That Make Perfect Gifts for Industry Ex… Tags:#entertainment#gaming#Microsoft#play#PlayStation 4#Sony#Xbox PlayStation 4: The New Gamer’s ConsoleWhen it comes to the next generation of gaming hardware, Sony didn’t show its cards quite as quick as its rival, instead calculating a pitch-perfect rebuttal to Microsoft at E3. Playing to each and every one of the Xbox One’s high-profile weaknesses, the PS4 is exactly everything that the other console isn’t.If you’re a gamer at heart, the new PS4 has your needs in mind. In a departure from a controversial new precedent set by Microsoft, Sony will not enforce DRM on the PS4. That means not only does the PS4 support extended offline use (the Xbox One needs to phone home once every 24 hours), but used and shared games get the greenlight too, just like they always have.The PS4 will offer specs very much on par with its rival and may even have a slight edge when it comes to graphics, but that will become clearer at launch. Still, gamers interested in motion-based controls will have to purchase Sony’s own Kinect-like PlayStation Eye separately for $59. Notably, Sony’s PS4 will be priced at $399 — a full $100 less than the Xbox One.Xbox One: A Casual Crowd-Pleaser… For A Price Related Posts If Sony has built an excellent gaming console, Microsoft is effectively positioning itself to sell an all-in-one entertainment central command system. With the launch of the Kinect back in 2010, Microsoft made a savvy move to capture the hearts and homes of not just gamers, but the whole family. Motion-controlled Kinect games were fun and interactive, not the stuff of the hardcore gaming set. With its family-friendly (and eminently hackable) new accessory, the Xbox 360 suddenly took a big bite out of Nintendo’s piece of the pie.Now, Microsoft will bundle each Xbox One with a Kinect — a telling sign that Redmond is intent on wooing the mainstream. The Xbox One puts a big emphasis on non-gaming entertainment, with baked-in support for live TV, big broadcast events and sports. All of this comes at a cost, of course, and the new console will sell for $499 — a considerable jump from the last generation.The Xbox One will require a periodic connection to the Internet so that Microsoft can be sure that you own all of the content you’re playing. Beyond DRM issues, the Xbox One won’t offer backwards compatibility, meaning that gamers’ existing Xbox game collections will be relegated to the shelf.An Epic ShowdownWith the Xbox One, Microsoft may have thrown out the baby with the bathwater. While its robust set of exclusive titles (Halo, Gears of War, Fable, etc.) will still be a lure for its core gamer demographic, Sony’s PlayStation hits all of the gamer-friendly notes than Microsoft seems to have stopped caring about.Still, with its mainstream entertainment features, Microsoft may not need gamers to sell its console any more. Meanwhile Sony has fashioned itself into a pied piper of sorts — and the lure of its affordable, DRM-free PlayStation 4 may prove irresistable for serious gamers.Lead image via Flickr user CesarCardoso, CC 2.0. Console images via Sony and Microsoft 5 Outdoor Activities for Beating Office Burnout taylor hatmaker 12 Unique Gifts for the Hard-to-Shop-for People…
The Programmes Coordination Division of the Institute of Jamaica (IoJ) will host its annual HUSH Children Symposium on Tuesday, May 30, at the institute’s Lecture Hall, 10-16 East Street, downtown Kingston.Programmes Outreach Manager and Events Coordinator at the IoJ, Kerri-Palmer, said the symposium will be held under the theme: ‘MENTal to METal: Building Resilience’.Explaining the theme, Miss Palmer said that it is focusing on building mental fortitude, that is, helping individuals develop strength, flexibility and also to enhance person-to-person connections.She said the event aims to have individuals from varied backgrounds, with challenging circumstances, share where they are coming from and where they are now, and the hurdles they have had to overcome.Participants will be youth between 12 and 25 years of age, and according to Miss Palmer, “it is hoped that they will be motivated to excel, despite their challenges.” “They should not see themselves as less than others, or as persons destined to continue the cycle of negativity and underachievement because of where they are from, their limitations, what has been done to them, or their abilities,” she added.She explained the intention is for the youth to gain a new perspective on achievement and success, be guided to make the necessary decisions, and be exposed to the relevant resources to make these decisions. Miss Palmer said the symposium resulted from the need to have negative issues affecting children and youth brought to the fore, to highlight the impact that they have, and to bring some measure of understanding, healing and closure to those who may have been affected directly or indirectly.Since its inception in 2011, the symposium has covered topics such as: Sexuality and Sexual Abuse; Risky Behaviours; Broken Butterflies (Child Rights and Responsibilities, Delinquent Behaviour, Bullying); Disability, Equality and Accessibility; Playing with Fire (Petty Larceny, Bleaching, Aggressive and Violent Behaviour); and Walk in my Shoes.Participating organisations include the Child Development Agency (CDA), the Work Safety Unity in the Ministry of Transport and Mining; Centre for the Investigation of Sexual Offences and Child Abuse(CISOCA); Choose Life International; Community Mental Health Services, Kingston and St. Andrew; Caribbean Tots to Teens, and RISE Life Management.
zoom The Port of Helsinki’s new West Terminal 2 officially started operations with the visit from Eckerö Line’s MS Finlandia, deployed on the Helsinki–Tallinn route, on June 12, 2017.Full operations were launched after the installation of the last missing piece, the disembarkation bridge, on the Jätkäsaari-side berth in late May.Manufactured by Spanish Adelte Ports & Maritime, the disembarkation bridge was connected to the terminal’s power supply and entered operation yesterday, when MS Finlandia docked at the West Terminal 2.In addition to Eckerö Line, the new terminal will also be used by Tallink Silja’s Megastar and Star.West Terminal 1 will continue to be used by Moby SPL’s Anastasia as well as Tallink Silja’s Europa.