South Africa is an important emerging market in the world today and is a key economic player on the continent of Africa making it a fascinating location to study economic development. Visiting MBA and executive MBA students have the opportunity to interact with business leaders and academics who can provide powerful insight and unique perspectives on the world of business in Africa and the factors influencing current economic trends on the continent.
This module is hosted in Johannesburg and Cape Town, South Africa. Both Johannesburg and Cape Town are world-class cities that reflect the dichotomy of South Africa’s current economic climate where elements of the first world and the third world exist side by side. Both locations offers a fascinating window into the abundance of economic potential that exists in South africa as well as the challenges that hinder economic growth. Johannesburg and Cape Town are home to large multinational corporations, South African businesses both big and small, as well as micro enterprise and entrepreneurship that is vital to economic growth in the country.
Theory: Gain an understanding of the economic climate of the African continent in general and the South African context more specifically. Learn about the economic challenges faced in South Africa as well as the future outlook for economic growth in South Africa and the African continent. Furthermore, students get to understand how both big and small businesses function in South Africa as well as the nature of entrepreneurship in the South African context and the vital role it plays in economic growth and development.
Practical: Students will have the opportunity to discuss the functioning of local business with high-level leadership in some of South Africa’s most influential businesses. Through Stellenbosch business school small business academy, students are also able to engage in site visits and work alongside local South African young entrepreneurs and micro-business owners as they develop their skills, ideas and business aspirations.
The module length can be tailor-made to suit a group’s purposes but a typical module length would be 7 days. For longer modules, additional sites may be included.
Potential Company Visits
Brand South Africa
Brand South Africa was established in August 2002 to help create a positive and compelling brand image for South Africa. At that time, the world was unsure about what to think of South Africa, with many different messages being sent out by various sources. This did very little to build the country’s brand and it was evident that to attract tourism and investment there was a need to co-ordinate marketing initiatives to make them more effective. This led to the creation of Brand South Africa, whose main objective is the marketing of South Africa through the Brand South Africa campaign.
Aon South Africa is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. The company employs more than 800 professionals in its 14 offices in South Africa with its head office in Sandton, Johannesburg. Aon employs over 1400 people on the African continent.
BPESA operates both as a specialist investment promotion agency for business process outsourcing (including contact centers) and as a national trade association and networking body for the industry. The mandate of BPESA is to create jobs. It does this by raising awareness of the industry’s potential internationally thereby assisting in attracting new investments. It achieves this by helping to create an enabling environment for investments to thrive and grow – developing the skills base, supporting SMEs, and providing linkages to national and regional government, ensuring the implementation of pro-growth policies.
Allan Gray is Africa’s largest privately owned investment Management Company focused on generating long-term wealth for investors.
Pick n Pay
Pick n Pay is the quintessential family store focused on the customer. Since 1967 when consumer champion Raymond Ackerman purchased the first few stores, the Ackerman family’s vision has grown and expanded to now encompass stores in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland and Lesotho.
Following the peaceful democratic elections in 1994, Levi Strauss & Co. was one of the first global companies to re-enter the South African market. Committed to empowerment and upliftment, 80% of its first staff intake were previously unemployed or had no prior industry experience. The company now employs over 400 people with offices in Cape Town, Johannesburg and Durban. Many Levi’s® jeans sold in South Africa are manufactured in Levi’s® production facility in Epping.
WESGRO is the Official Tourism & Trade, Investment Promotion Agency for Cape Town and the Western Cape. Their divisions include Tourism, Trade, Investment Promotion, Research, Film & Media and the Convention Bureau. A region of unlimited potential.
Established in Elgin in 1995, Thandi – a Xhosa word meaning ‘nurturing love’ – is a wine that niches on quality, spawned the Fairtrade trend, and uplifts and empowers previously disadvantaged communities. In 2003, Thandi became the first wine brand in the world to receive Fairtrade accreditation. Thandi is South Africa’s first agricultural Black Economic Empowerment (BEE) project, as the company is owned by 250 farm worker families who hold 62% shares in the company.
Walter is the managing director of Everlytic, a SaaS marketing automation platform. Everlytic was voted the fastest growing tech company in South Africa by Deloitte in 2014, and was acquired by Vox Telecom in January 2016. He is also the co-founder of Wetec, established in 2003, and the leading supplier of rain harvesting systems and sustainable irrigation in South Africa.
Walter sits on the board of the Johannesburg chapter of the Entrepreneurs Organisation and is the co-founder and current chair of EO Accelerator, a program for first-stage entrepreneurs that want to catapult their businesses to the next level.
Dr Maanda Mulaudzi
Dr Mulaudzi received his Ph. D from the University of Minnesota, and specializes in African history history. His research draws from social history and traces the ongoing encounters between African societies and European colonial history. Maanda is particularly interested in social history of change, the creation of “native locations and social identities and the multiple ways in which men and women make sense of these changes over time.
Ms Bongani Mthombeni-Möller
Ms Bongani Mthombeni-Moller has a Masters in Chemical Engineering and is currently the Strategic Business Development Executive at a leading global multidisciplinary engineering consulting firm, that is monumental in infrastructure development. She is responsible for both the national business, and fulfils a strategic role in advancing business in Africa.
Her role entails advancing the business and her core strengths are strategy, corporate governance, driving sales, stakeholder engagement and engineering business management, just to name a few. Bongani is a great example of a small but growing cohort of dynamic young female professionals who are transforming infrastructure development and the engineering sector in SA. She has extensive networks in both public and private sector and a strong circle of influence, across both emerging and established enterprises. Prior to joining SMEC Bongani founded and managed her own engineering consultancy, based in Cape Town, which was predominantly prevalent in the nuclear sector. She sits on the boards of organisation and has had experience serving on both public and private sector boards. She chaired the financial subcommittee of a municipal water board, therefore she has a strong financial management capability. Bongani is married to Prof Klaus Moller, who heads up the process modelling and optimisation unit at the UCT Chemical engineering department, and they have two boys, aged 5 and 16months. They reside in Noordhoek, in the South Peninsula.
Tebogo is the CEO of BPESA which operates both as a specialist investment promotion agency for business process outsourcing and as a national trade association and networking body for the industry. The mandate of BPESA is to create jobs which it does this by raising awareness of the industry’s potential internationally thereby assisting in attracting new investments.
It achieves this by helping to create an enabling environment for investments to thrive and grow – developing the skills base, supporting SMEs, and providing linkages to government, ensuring the implementation of pro-growth policies.
In 2011, he was appointed to the position of CEO Philippi Economic Development Initiative (PEDI) and now works closely with the City of Cape Town Economic Development Department, the PEDI Board, Sub Council 13 and the residential and business community of Philippi where he can draw on his local and international career experience with the aim to renew the economy of Philippi.
Customize Your Program
Thank you for your interest in this module and developing a faculty-led program with EDU Africa. We pride ourselves in our ability to customize a program that will meet your requirements, exceed your expectations and make your vision come to life.
Dinner and Djembe Drumming
Gold Restaurant caters an experience to the opulent heartbeat of African cuisine and culture. Tailoring it’s menu to the diversity found across the African continent, Gold Restaurant offers a gourmet selection seasonally adapted from North, Sub-Saharan, and Southern Africa. Beforehand, guests have the opportunity to join in a djembe drumming session. Feel the pulse of Africa as you drum and dine.
As the most southwestern outcrop of the African continent, Cape Point rises above the cobalt and turquoise-blue waters of the Atlantic Ocean. With the sound of the sea rushing below you, climb up to the lighthouse for a view of misty mountains in the distance at one of Cape Town’s most scenic and significant vantage points.
Cape Malay Cooking Class
Jasmina’s house is part of the colorful and immensely cultural tapestry that is the Bo Kaap district of Cape Town. The Malayan cuisine that she imparts is also a part of the rich heritage of the area, seasoned with distinct spices and created from recipes that have been handed down through generations. In the warmth of her kitchen you can learn how to make a mouth-watering Malayan meal, from traditional samosa starters to decadent chicken curry. Afterwards, you can enjoy the living dish of history you have helped to spice.
Robben Island Overnight
Step into the shoes of Nelson Mandela for a night, staying over in prison accommodation with a private tour of the prison and island. Get a feel for the isolation and challenges that the prisoners faced for decades in one of the world's most famous prisons - Robben Island. This is a unique experience that will bring you closer to understanding the challenges that Mandela and many other historical figures faced in their fight for freedom and equality.
Monks Cowl Drakensberg Hike
Located in the Kwazulu Natal province of South Africa, the trails of Monks Cowl showcase the incredible scenery of Drakensberg in the midst of mountains and valleys. Experience the beauty of South Africa as you explore these picturesque landscapes.
Hiking the Chokka trail is a fourteen kilometer adventure, taking you through the Coastal Cradle of Humankind. During the hike, you will have an opportunity to see the second largest blowhole in Southern Africa, and unknown grave, and the remains of the Osprey and Cape Recife. After the hike, there is an included tour of the SANCCOB Penguin Rehabilitation Center. Continuing via Shark Point, there is a calamari tasting at Port St. Francis, then a canal cruise in the late afternoon. The day ends with dinner at Joe Fish Restaurant or a local boma for braai.
The Apartheid Museum, the first of its kind, illustrates the rise and fall of Apartheid. The museum is a superb example of design, space and landscape, offering the international community a unique South African experience. A series of 22 individual exhibition areas takes the visitor through a dramatic emotional journey that tells a story of a state-sanctioned system based on racial discrimination and the struggle of the majority to overthrow this tyranny. The exhibits include provocative film footage, photographs, text panels and artifacts illustrating the events and human stories that contribute to the saga of Apartheid.
Pilanesberg National Park is set within the crater of an ancient volcano, formed 1.2 billion years ago by overflowing magma. It exists in a transition zone between the dryness of the Kalahari and the wet vegetation of the Lowveld region. This rich transitional zone attracts an incredible variety of game animals, flora and fauna that are not often found living side by side. Virtually all of the animal species native to southern Africa can be found here, including the “big five,” wild dog, Roan, Tsessebe, Sable antelope and more than three hundred and sixty species of bird.
AWOL Bicycle Tour
This international, award-winning, socially responsible bicycle tour in Masiphumelele, Kommetjie is a new take on township tours, providing guests the opportunity to meet and interact with the local community from a bicycle seat. A qualified local guide will escort guests around the township, visiting interesting places and explaining Xhosa customs. The tour includes lunch at a local township restaurant that serves delicious authentic African food.
Step through the entryway to this beach and find yourself face to face with one of Africa’s quirkier inhabitants: penguins. A colony of African penguins resides on Boulders Beach, a stretch of sand dominated by giant seaside rocks and penguin nests.
Bo-Kaap Walking Tour
This tour winds its through jewel-toned houses and mosques, providing commentary on the history and tradition behind the iconic architecture of the Bo-Kaap district. As you follow your guide through this segment of Cape Town, we invite you to explore a side of South African history defined by cultural fusion and crossover. Watch tradition unfold into a modern landscape of vibrancy as East meets West at the southern point of Africa.
A Soweto day tour takes in the highlights of this iconic township including Nelson Mandela’s former home and the Hector Pieterson museum. You will get close to Soweto Culture, meeting the people, trying local foods and maybe even some Omqombothi (traditional beer) at a shebeen. This tour is one of a kind, taking you through the smell of pavement cooked meals and the buzz in the streets of people going about their daily chores. Come and experience the humanity, hospitality, and warmth of township life humanity - the "ubuntu" of South Africa
Abseiling Table Mountain
Abseiling is one of the best ways to explore the rocky crags of Table Mountain. This thrilling activity includes a relatively technical hike, so a moderate fitness level is required to experience this adventure!
Find out why Table Mountain is one of the seven natural wonders of the world as you climb to the top. The mountain stretches gloriously on the Cape Town horizon, rising effortlessly from the lights and bustle of the city. As you ascend, the rugged terrain becomes a world in and of itself, age-old rocks, grasses, and shrubs covering the mountainside. The top of Table Mountain provides astounding views of the city on one side and the sea on the other, with rolling clouds over rocky peaks. A cable car provides a scenic descent, suspended gracefully over jagged rock and the famous flora of the mountain.
Moholoholo Rehabilitation Center
This center provides a sanctuary for many wild animals that are the victims of habitat loss, such as leopards, cheetahs, rhinos, and vultures. While Moholoholo is directly involved in research, breeding programs and rehabilitation, it also helps tribal communities and farms by adopting and relocating 'problem animals’ that would otherwise be poisoned or injured. The aim of this rehabilitation facility is to promote awareness about environmental upheaval and to support endangered wildlife.
Class in the Clouds
Did you know that Table Mountain is believed to have more plant diversity than the British Isles put together? Class in the Clouds gives learners the chance to learn all about the amazing fauna and flora found in the Cape Floral Kingdom while enjoying the view from the top of Table Mountain.
Induna offers a wide variety of adrenaline-racing activities such as white water rafting, ziplining, and quad biking. Only twenty minutes away from Kruger National Park, Induna’s pristine location provides an unforgettable setting for adventure sports and outdoor team activities.