The ever evolving world of beauty and wellness

Loading player...
The beauty and wellness industry is continuing to grow and evolve amidst some challenging economic conditions in South Africa. This is evidenced in the business of Bloemfontein-based somatologist and entrepreneur, Tiffany Pienaar who was on the OFM Business Hour on Wednesday (25 August) to share some insights into how this evolution has taken place since she first qualified as a somatologist over a decade ago. Pienaar says beauty used to be seen as a luxury, but now it’s deemed to be a routine in light of its integration into medical aesthetics. Pienaar who owns Tiffany. It’s a girl thing beauty salon says as a result aesthetic clinics where you will see medically trained practitioners working in close collaboration with beauticians or somatologists are now popping up and are being supported. With respect to the impact the Covid-19 pandemic has had on her industry, Pienaar says she was forced to be innovative and think outside of the box, going as far as making home care kits for her clients.
According to Intergest South Africa, the beauty and personal care market in Africa is expected to grow at a compound annual growth rate of 6.6 % during the period 2018 to 2022. Roughly 36 % of the growth in the African cosmetics industry is expected to come from South Africa. In 2017, the value of this sector was estimated to have grown to R27.35 billion at retail level and R19.69 billion at manufacturing level. Whilst the Covid-19 pandemic set the industry back slightly, it remains to be seen how much damage it has done in the long run.
25 Aug 2021 1PM English South Africa Business · Daily News

Other recent episodes

Welkom Business Forum long flagged controversial cargo airport project

The Welkom Business Forum says there were several warning signs that the Welkom Cargo Airport project was not what it appeared to be. Chairperson of the Welkom Business Chamber, Jakes Jooste, told the OFM Business Hour that they attended meetings with the team from Sébastien Investment et Logistique – a…
21 Aug 8AM 13 min

UFS reminds women to Be Better, BE-LIEVE

The University of the Free State’s women’s breakfast is taking place on 22 August under the theme “Be Better, Be-Lieve. Burneline Kaars, Head of the Division of Organisational Development within the Department of Human Resources at the UFS, says the event aims to empower women. When asked about work-life balance,…
19 Aug 7AM 10 min

South Africa's business rescue landscape explained

South Africa’s approach to financially distressed companies has shifted significantly. Where business rescue was once seen as just a detour on the road to liquidation, today the mantra in many boardrooms is ‘rescue first, liquidate later.’ Gareth Cremen, a Partner in the Business Restructuring, Rescue & Insolvency team at Cox…
20 Aug 9AM 8 min

Vrystaatse toerismebesighede gedwing om in silo’s te funksioneer om te oorleef

Vrystaatse toerisme en gasvryheidsbesighede word gedwing om in silo’s te funksioneer weens vervallende openbare infrastruktuur en swak dienslewering. Bianca de Klerk, die departementshoof van Toerisme en Geleentheidsbestuur aan die Sentrale Universiteit van Tegnologie, sê aan die OFM Sake-uur dat die regering se onvoltooide beloftes oor die verbetering van sleutelpaaie en…
19 Aug 7AM 9 min

Standard Bank backs Best of Bloem for third year in a row

For the third consecutive year Standard Bank is sponsoring the Best of Bloem, Bloemfontein Courant’s Readers’ Choice Awards gala event. Kevin de Beer, Standard Bank’s Head of Client Coverage, Business Banking for the Free State and Northern Cape, told the OFM Business Hour that what drew them to the awards…
12 Aug 7AM 4 min