ShapeShifter

Shapeshifters: Sneha Shah, of Thomson Reuters is committed to African growth

Reuters and Thomson came together in 2008 and Shah says it certainly helped them get through the financial crisis and flourish.

The marriage happened in 2008, and it was fantastic timing, after the financial crisis, bringing the two companies assets together, really allowed us to survive and thrive.

Sneha Shah, MD of Africa at Thomson Reuters

What Reuters brought to the equation, was that historic news piece and trusted journalism around the world, the global footprint as well as financial data. and what Thomson brought was very much professional services data, legal, tax, information, property data, as well as a wealth of financial data.

Sneha Shah, MD of Africa at Thomson Reuters

I joined in 2001, in July, in New York.

Sneha Shah, MD of Africa at Thomson Reuters

But she was born in Kenya, a 3rd generation Indian whose grandparents had come to Kenya to open shops next to the railways where many Indian immigrants worked.

Her father was an entrepreneur involved in importing business.

Shah later went to university in Britain where she graduated with a degree in politics and international studies.

Its a great course when you don't know what you want to do with your life, but you want to sound like you know what you talking about.

Sneha Shah, MD of Africa at Thomson Reuters

Jokes aside, Shah had a deep interest in politics and development.

And years later Thomson Reuters was to send her back to Africa, her childhood home to manage their African business.

Thomson Reuters had not put enough focus on these markets and what was needed to help develop them

Sneha Shah, MD of Africa at Thomson Reuters

And this is a big part of her work.

We've doubled in the last four years, and expect to double again in the next three - both in terms of revenue and geographical growth.

Sneha Shah, MD of Africa at Thomson Reuters

She credits their success to listening and finding out what the African markets really need.

The growth is through listening and talking to central banks, financial institutions and governments and asking them what do they need for making this transition from aid based economies to knowledge based economies. What type of information systems do you need?

Sneha Shah, MD of Africa at Thomson Reuters

many are looking for ways to generate revenue. And land is our largest asset across Africa. But land records are not reliable to do property valuations and develop a mortgage market - so we can help them digitise land records and begin process of valuations. Then once traditional sources of revenue like oil begin to fall away, they can start relying on new sources of income.

Sneha Shah, MD of Africa at Thomson Reuters

This article first appeared on 702 : Shapeshifters: Sneha Shah, of Thomson Reuters is committed to African growth


Recommended

by NEWSROOM AI
Read More
Got loans? Save money! You’re paying for insurance (even if you don't know it)

Got loans? Save money! You’re paying for insurance (even if you don't know it)

The Money Show’s Bruce Whitfield interviews Nkazi Sokhulu, co-founder and CEO at credit life insurance provider Yalu.

FoodForward SA eases hunger by distributing good food that would’ve been wasted

FoodForward SA eases hunger by distributing good food that would’ve been wasted

14 million South Africans go hungry every day. Bruce Whitfield interviews Andy Du Plessis, Managing Director at FoodForward SA.

We need to deracialise our thinking - Sandile Zungu (Black Business Council)

We need to deracialise our thinking - Sandile Zungu (Black Business Council)

The Money Show’s Bruce Whitfield interviews newly elected Black Business Council president Sandile Zungu.

Hedy Lamarr invented what became Wi-Fi. She's more famous for onscreen nudity

Hedy Lamarr invented what became Wi-Fi. She's more famous for onscreen nudity

You may not have heard of Hedy Lamarr, but you owe this 1940s Hollywood star a great deal.

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

The Money Show’s Bruce Whitfield interviews Rain CEO Willem Roos for his weekly “ShapeShifter” feature.

Sars acting Commissioner Mark Kingon wants tax to be boring. It won't be easy

Sars acting Commissioner Mark Kingon wants tax to be boring. It won't be easy

South African Revenue Services' Mark Kingon has the most dreadfully important job. Bruce Whitfield interviews him...

Popular articles
We call it Heritage Day so it's more inclusive - Coconut Kelz (Lesego Thlabi)

We call it Heritage Day so it's more inclusive - Coconut Kelz (Lesego Thlabi)

In this segment of the Current Affairs with Coconut Kelz, satirical comedian Lesego Thlabi channels Kelz to chat about Heritage Day.

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

Is biology putting the brakes on your sexuality? Callers share their experiences of sex and growing older.

'Some weed plants with high levels of chemicals have been linked to psychosis'

'Some weed plants with high levels of chemicals have been linked to psychosis'

Naked Scientist, Chris Smith shares his insights on some of the risks associated with smoking marijuana.

[Watch] Dad breaks down when reunited with car sold to pay wife’s bills

[Watch] Dad breaks down when reunited with car sold to pay wife’s bills

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Charity loses R39k event deposit after previous Ritz Hotel management goes awol

Charity loses R39k event deposit after previous Ritz Hotel management goes awol

The Ritz Hotel is under new management and the money paid to previous management has still not been refunded.

DStv Premium on a downward spiral, warns tech guru

DStv Premium on a downward spiral, warns tech guru

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.

17-year-old learner killed teacher for not allowing him to jump the food queue

17-year-old learner killed teacher for not allowing him to jump the food queue

Spokesperson for Education department says the fact that this learner is still in Grade 10 at 17 may indicate there is a problem.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.