Kasi's Top 20 Profitable Business Ideas (Lucrative Municipal Business) are essential for any organization to establish their strengths and weaknesses. Financial managers, accountants, IT specialists, software developers, nursing assistants, specialist doctors, actuaries, architects, public accountants, will writers, management consultants, biomedical engineers, sales managers, commercial pilots and cybersecurity engineers are some of the most in-demand professions in South Africa. Financial managers are responsible for complete planning and analyzing market trends and competition. They also help companies control their cash flow and create accurate financial reports for their continued viability.
Accountants provide the technical accounting skills needed to manage money and provide companies with accurate financial information. IT specialists have become increasingly in demand as companies go digital. Software developers can work in many fields and this is one of the jobs that will be demanded in the next 10 years in South Africa. Nursing is one of the most demanded courses in South Africa due to the shortage of nursing assistants caused by the COVID-19 pandemic.
Specialist doctors are also in high demand and their salary range is based on the area of specialty. For example, a neurosurgeon with one to four years of experience will have an average salary of 730,000 rands a year while a neurosurgeon with more than ten years of experience can earn up to 2 million rands a year. An experienced middle-level cardiologist will earn an average salary of 1.6 million rands a year. Actuaries are responsible for calculating and managing risk and uncertainty in companies and due to the country's actuarial shortage, it is a profession in high demand. It can take up to 9 years to become an actuary and they typically earn an average entry-level salary of R597,000 per year while those with five to nine years of experience earn about R920,000 per year and those with ten to 19 years of experience can earn about R1 million per year. Architects are professionals who plan, design and supervise the construction of structures.
An architect with 1 to 4 years of experience earns an average of 277,000 rands per year in South Africa while an architect with more years of experience can earn 1.2 million Rands per year on average. Public accountants record business transactions on behalf of an entity, report to management and issue financial statements. An experienced entry-level public accountant earns R489,000 a year while an experienced mid-level public accountant earns R605,000 a year. A person with 10 to 9 years of experience earns an average of 782,000 rands per year. Will writers help clients write their wills and their average salary ranges from 41,000 rands to 1.2 million rands per year. People at their initial career level with 1 to 4 years of experience will earn an average of 298,000 rands per year and at the middle level, with 5 to 9 years of experience, they will earn an average of 554,000 rands per year. Management consultants are responsible for providing advice on a wide range of financial matters and an experienced management consultant with 10 to 19 years of experience will earn an average of 869,000 rands per year. Biomedical engineers deal with the assessment and management of risk and uncertainty.
An early career biomedical engineer with 1 to 4 years of experience earns an average of 303,000 rands per year while a biomedical engineer with more than 10 years of experience can earn up to R734,000 per year. Sales managers are responsible for overseeing sales operations and an entry-level sales manager with 1 to 4 years of experience earns an average of R155,000 per year while a mid-level sales manager with 5 to 9 years of experience can expect to earn an average of R317,000 per year. An experienced sales manager can expect to earn an average of R727,000 a year. Commercial pilots are also in high demand in South Africa. An entry-level commercial pilot earns an average of 690,000 rands per year while a mid-level manager with 5 to 9 years of experience can expect to earn 850,000 Rands per year on average. In South Africa, an experienced commercial pilot earns an average of 950,000 rands a year. Cybersecurity engineers are responsible for creating and managing software programs for many companies.
An entry-level cybersecurity engineer is paid R400,000 per year while those with 5 to 9 years of experience receive a salary of R503,000 per year. A cybersecurity engineer with 10 to 19 years of experience earns an average of 646,000 rands per year. Data analysts identify and analyze data using statistical techniques and interpret complex data sets. This job has become one of the most valuable jobs right now in South Africa and the pay is quite satisfying.
Engineering is a broad field but the one most in demand in South Africa is in the infrastructure sector due to its rich natural resources and landscapes. Structural engineers are always on site to oversee the development of bridges, roads, hydroelectric dams and other infrastructure projects.