16 Best Investments in South Africa for Beginners 2021

South Africa offers millions of facts and statistics that make it one of the best African nations to conduct business with. That is why there are so many foreign companies and so many local businesses that are thriving and becoming worldwide names.

The cost of starting a new company has never been lower. Starting your own business is now easy, cheap, and feasible thanks to advances in digital technology. Some businesses need just a phone, a computer, and an internet connection to get started.

However, establishing a business anyplace is not a simple endeavor, and one must work and guarantee that the business employs methods that will help it develop. Here are some excellent South African investment ideas to consider that can help you become a billionaire quickly. If you invest your money in the correct location, you can rapidly convert R1000 into R10,000.

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16 Best Investments in South Africa for Beginners

Do you want to start a business from the comfort of your own home in South Africa? If you answered yes, these are the 16 Best Investments in South Africa for Beginners.

1. Start a Financial Technology Service

mobile payment womans hand has smartphone with banknote in the sky picture
Image Credit: Getty Images

Technology has had a significant impact on the financial sector in recent years, with the introduction of crypto-currencies, e-payment, and e-banking services, among other things.

This market offers many possibilities in terms of a large client base, commission, and so on. If you want to participate in the financial industry, you may begin by using technology to provide both online and offline services for financial products, insurance, or any other kind of financial advising system.

You may start or create an application or a website where users can discover a variety of financial solutions such as loans, insurance, and investment.

2. Sales and installation of solar panels and inverters

The world is shifting away from fossil fuels and toward more sustainable and renewable energy sources. People are embracing solar energy, even going so far as to become fully self-sufficient.

Solar power is progressing to the point where it will not only be a wonderful source of clean energy, but it will also be an obvious option for everyone.

Starting a business that offers solar power solutions may be a brilliant idea. Most governments provide tax incentives to businesses who create sustainable energy products, which is a significant benefit.

To reduce electricity costs, a solar power provider may offer full solar installation for homes and businesses. You may acquire this talent by enrolling in relevant online or in-person courses. This is a future-oriented business.

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3. Trading Cards

Do you want to purchase something cheap and hang onto it for a short period of time in order to earn some money? If this is the case, you might consider purchasing and exchanging South African sports trading cards.

Finding an average ROI on trading cards was challenging because to the large number of various kinds of trading cards, all of which vary in popularity. However, I did come across one article that discussed how they average 110 percent each year.

There are many various kinds of trading cards; however, since rugby is so popular in South Africa, rugby trading cards are the most valued.

If you can get a few rare cards, you have a decent possibility of making a good return on your original purchase. Another place to start is bidorbuy. Buy a handful of your favorite cards on the bidorbuy site, save them for a few years, and then attempt to sell them for a higher price.

4. Launch a dropshipping business

dropshipping company picture
Image Credit: Getty Images

Purchase inventory, store it, choose it, pack it, and send it. When you own a business, managing inventory is a major commitment.

Dropshipping is the first of our excellent business ideas and is a simple business to start. Dropshipping is a fulfillment approach in which a third-party provider stores and delivers goods on your behalf to consumers. It’s one of the best small companies to start since it’s low-cost, hands-off, and scalable.

You do not need to touch any goods; all you need to do is generate sales and send orders on to your supplier. In reality, it is one of the simplest and least expensive companies to establish.

You may collect goods from one or more vendors into your own online shop under a theme that focuses on a particular specialty, such as yoga gear or dog water bowls. When a client purchases a product from you, the order is routed to your supplier, who performs the order on your behalf. You are, however, still in charge of your own marketing and customer service.

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5. Launch a Mobile Car Wash business

South Africa is a nation rich in wildlife, forests, and natural beauty that draws visitors from all over the world. Most of them rent cars and go about, and it’s likely that they don’t know where the maintenance facilities are, and if the cars or vehicles break down in the middle of the road, they’re in huge difficulty.

If you are a native of the nation and want to engage in the automotive industry, a mobile car wash service may be a perfect fit for your business. You may use technology and an application to call the travelers, and then you can go to the location where their vehicle has broken down and service it.

6. Start a Food trucks Business

The food truck movement is expected to continue to expand. As rent in major cities throughout the nation rises, it becomes increasingly difficult for up-and-coming specialized food producers to fund a brick-and-mortar presence in town’s busy cores, where their consumers are most likely to be.

Food trucks are an excellent option. You may start a food truck by hitting the road and setting up shop at local festivals, farmers markets, and town squares—anywhere there is likely to be a crowd. A food truck’s reduced expense and greater geographic flexibility allow you to convert your grandmother’s renowned dumpling recipe or that out-of-the-box dessert ideas into a successful business.

Keep in mind that larger, trendier towns like San Francisco, Portland, and Boston already have a rather saturated food truck industry, so this might be a more profitable business in a smaller heartland city. Food trucks are also subject to their own set of laws, business licenses, and safety compliance requirements, as well as food business insurance, so check with your local health department to find out what is needed.

7. Launch an E-commerce Store

This is a business that is expanding year after year and will only expand more in the next decade. In fact, online sales increased at a 25.6 percent annual pace between 2014 and 2018. People have become used to buying online over the last several years.

Every day, a new specialized marketplace is launched in the e-commerce business. There are many possibilities to launch a successful online shop to meet the requirements of customers. You don’t have to compete with the many internet shops that sell clothing, shoes, or gadgets; you could start an online meal delivery service or even sell baby goods.

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8. Start trading Mandela Coins

five rand coin rests on new mandela south african banknote picture id168640058?k=20&m=168640058&s=612x612&w=0&h=tJhKRp03q5sEz3xhM 5UGnKkO51QPY14nM78VhSDIHk=
Image Credit: Getty Images

Buying Mandela coins is another option to invest your money. The value of these coins has risen considerably over time. In fact, they are now worth more than ever before.

If you are going to make this kind of investment, please do your research and learn as much as you can about them and their unique values. Only graded and produced Mandela coins, as far as I know, are worth more than their face value.

There are several other kinds of proof Mandela coins, but to give you an indication, the Mandela MS-64 rose in value by 38,557 percent between 2000 and 2007. That’s a staggering 5,500 percent each year. This increase is clearly not particularly sustainable, but it is still significant, especially given that it is just a 7-year span.

The most popular way to get Mandela coins is to purchase them on bidorbuy. However, as usual, make sure you choose a trustworthy vendor to avoid being cheated.

9. Management of Waste

Garbage management is a widespread issue throughout the nation, therefore businesses that offer waste management services are in high demand. The business needs minimal money to get started, and income may be generated quickly if you have the proper connections.

Furthermore, this is a recurrent business, which means that once you make a client pleased, that customer will contact you on a frequent basis anytime they need trash management services.

10. Sell handmade items

If you create your own soap, candles, sauces, or ceramics, you’re in a unique position to come up with an online business ideas since product creation and sourcing are practically in your hands.

Unlike many of the other ideas on this list, you will need to address shipping and inventory management, but you may start small on a per-order or small batch basis until you start producing consistent sales.

Indeed, many Shopify manufacturers began with a home business ideas, selling on Etsy or eBay, or via word of mouth to friends and family, and developed into full-time small-business owners after establishing demand for their goods.

Simply be aware of any restrictions in your product category, particularly for anything consumers may eat, inhale, or apply to their skin.

Brooklyn Candle Studio is one of many Etsy-inspired maker-owned companies on Shopify.

11. Invest in Real Estate

for sale by owner sign is posted in front of property in monterey picture
Image Credit: Getty Images

South Africa has a large amount of real estate. At the same time, there are many individuals and businesses that need access to the land. This is why you should consider investing in South African real estate. As long as you select the appropriate location, this may be a fantastic investment opportunity.

According to the National Council of Real Estate Investment Fiduciaries (NCREIF), the average return on investment for residential buildings is approximately 10.5 percent, while commercial properties have a return on investment of 9.4 percent.

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12. Work as an Online Tutor

The success of Khan Academy, a non-profit educational institution founded in 2006 by Salman Khan, has shown the efficacy of online instruction and opened the way for outstanding instructors and their students. You may sell your knowledge as video material on YouTube, or you can set up your own website and charge your pupils an hourly fee for Skype sessions.

Furthermore, Coursera, one of the most popular platforms for accessing massive open online courses, has over 15 million users who are hungry for knowledge. These online courses go far beyond the typical high school curriculum. If you have a skill that you believe others would be interested in, there is nothing stopping you from trying it out. All you need is a webcam, capture software, and some basic editing skills.

13. Begin a Handcrafting Business

Handicrafts or handicrafts are popular in South Africa, as well as among visitors or travelers to the country. The business needs very little money but a lot of imagination, and if you have that creativity and understanding of handicrafts goods, you can simply set up a business where you may create various handicrafts products and sell them in the open market.

You may also grow your business by training other people how to create handicrafts and selling the goods on an online platform to people in other countries.

14. Graphic Design

With more brands competing for consumers’ attention, a slick and polished image is more important than ever for small businesses. Whether or not they can afford a large-scale advertising or marketing firm, virtually every small business will need some graphic design work from time to time.

Do you have experience with Photoshop, Illustrator, and InDesign? Have you taken any design classes, and do you have a good sense of branding? As a freelance graphic designer, you can turn your skills into a business. You’ll have almost no overhead and will be able to charge significant hourly rates to do what small business owners can’t do for themselves: create amazing marketing graphics.

15. Participate in an affiliate marketing program.

Affiliate marketing is a performance-based marketing strategy in which a business pays people, known as affiliates, to promote and sell their products. The affiliate receives a commission from the business every time they bring in a new customer.

Affiliates can promote products through their blogs, social media accounts, websites, and communities. For many people, affiliate marketing is a low-cost side hustle that eventually turns into a profitable business.

To become a member of an affiliate program, complete these steps:

  1. Find an affiliate program via websites such as ShareASale, CJ Affiliate, or LinkShare.
  2. Select the offers you want to promote.
  3. Acquire an affiliate link.
  4. Distribute that link throughout your assets.
  5. You’ll be paid a commission every time someone signs up or makes a purchase using your link.

The commission rate varies according to the business and the deal. You could earn as little as 5% on each sale, while some commissions can be as high as 50% if you promote a class or event. Some affiliate programs also provide a flat rate rather than a percentage.

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16. Purchase Gold Krugerrands

gold krugerrand coins picture
Image Credit: Getty Images

If you want to buy and keep valuable coins, you should definitely get some gold Krugerrands. These gold coins are extraordinarily valuable.

The only issue here is that you’ll have to spend a lot of money to get started. In reality, each of these coins is worth more than R18,000 in total. For the best results, be cautious and buy low and sell high.

Because gold Krugerrands closely track the value of gold, they will provide a comparable return on investment. Nonetheless, gold’s value rose by 8% each year between 1982 and 2011.

Begin by purchasing gold Krugerrands from a trustworthy dealer. I purchase mine via my FNB share trader account, but if you don’t have one, you’ll have to buy some online through either bidorbuy or jmbullion.com.

Conclusion

Starting out in investing may be tough, but when done correctly, it can be very lucrative. Please keep in mind that you should never invest money that you do not have. If you do, your emotions will be involved, making you more likely to make poor investment decisions.

Given Edward, the founder of Jobs in Tanzania, is dedicated to assisting novices, entrepreneurs, and small business owners in starting, managing, and developing their businesses.

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