African companies take on multinationals (and, increasingly, they’re winning!)

African companies are taking on massive multinationals in their home markets and, increasingly, winning.

Research by the Boston Consulting Group conducted last year shows that multinationals are losing market share to local competitors.

The Money Show’s Bruce Whitfield interviewed Dianna Games, Chief Executive at Africa @ Work.

Games spoke about her latest Business Day column entitled “Flourishing African Companies rattling multinationals’’.

Scroll down for quotes from the audio below.

There’s a huge improvement in the way that business is being done in Africa.

Dianna Games, Chief Executive at Africa @ Work

Companies like Coca-Cola are under a bit of pressure from local brands.

Dianna Games, Chief Executive at Africa @ Work

Many African expats are returning home to work in local companies in the financial services sector.

Dianna Games, Chief Executive at Africa @ Work

South Africans have been complacent about some of the local companies.

Dianna Games, Chief Executive at Africa @ Work

I’ve been travelling across Africa for two decades. I’ve noticed a lot of change in the past seven or so years.

Dianna Games, Chief Executive at Africa @ Work

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This article first appeared on 702 : African companies take on multinationals (and, increasingly, they’re winning!)


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