A recent Visa report has shown that the top market contributors to e-commerce in Sub-Saharan Africa (SSA) over the last 3 years were South Africa, Nigeria, and Kenya, with Ghana also showing growth, having replaced Kenya in the top three contributors in 2020. SSA may be one of the smallest...
By harnessing the power of social media, Gen Z is driving a new wave of the e-commerce boom in South Africa. Apps including Facebook, Instagram and TikTok, which tailor content to the user’s interests and behaviour, have allowed this new generation of spenders to create a personalised shopping mall experience...
If ever there was a time for the eCommerce sector to adopt telematics technology, it would be now: COVID-19 has disrupted the retail landscape, with more South Africans now choosing e-commerce as their preferred shopping channel over traditional brick-and-mortar stores. According to a Mastercard study, as much as 68%...
Increases in global development and international populations have put bigger demands on trade and in turn, ports and shipping. To manage the boom, ports are improving operations and efficiency with automation, powered by 5G-ready private cellular networks. According to the World Bank, trade represented more than 60% of the global...
Bolt has officially launched a new food delivery service in Kenya after announcing this plan in 2020. So far the service - which aims to give users access to restaurants and menus from the palm of their hands - has partnered with around 200 restaurants, including KFC, Big Square, Pizza...
Payflex has launched its buy now pay later online retail service to South Africa. The company - which has seen extraordinary popularity in Australia, the USA and Europe - lets users shop online and pay later, interest-free over six weeks. “Traditionally paying via instalments in South Africa has been associated...
Ackermans is officially offering its range of cellular and tech products online via its new online store.  With over 800 brick-and-mortar stores across South Africa, the retailer says that the recent shift in consumer needs brought on by COVID-19 has led to its digital properties, with all cellular and tech products...
Nedbank has launched an immersive ‘mall’ experience with Sandton City. This digital shopping platform is expected to give users the chance to shop items from multiple stores in Sandton City, pay for goods on the app, and then choose between home delivery or collection from the Avo lounge lockers...
Netcash has partnered with Ecwid E-Commerce to launch Netcash Shop. Powered by Ecwid E-Commerce's platform, Netcash Shop is expected to allow merchants to create a digital eCommerce store where they can sell their products. And thanks to the tight integration with Netcash's Payment Gateway, merchants can accept a wide range of...
Everystore is officially South Africa's newest eCommerce platform. The online store is owned by and brings together the brands of the JD Group (HiFi Corp, Incredible Connection, Bradlows and Russels). “With the support of our existing retail businesses we have partnered with some of South Africa’s most well-known and loved...
Jumia is set to expand its eCommerce offering to include food delivery. According to the company's co-CEO, Sacha Poignonnec, 20% of all transactions across the Jumia platform is already made up of food and this is growing quickly. He also revealed that the service will expand to Egypt following the exit...
Bob van Dijk, CEO of Naspers and Prosus believes that Amazon may not enter South Africa’s eCommerce sector “any time soon”. According to TechCentral, a key reason for this is "Naspers-controlled e-retailer Takealot.com is doing a really, really good job serving South African online consumers". “We look closely at the...
Small and medium-sized enterprises (SMEs) represent a staggering 98% of business in South Africa today. The fact that SMEs also employ between 50 and 60% of the country's workforce and are responsible for a quarter of the job growth in the private sector - according to McKinsey - means...
Founder and CEO of Amazon, Jeff Bezos has revealed that he will step down from his role in Q3 of this year. He is expected to transition to Executive Chair of the Amazon Board while Andy Jassy will become CEO. "Andy is well known inside the company and has been at...
Carrefour has officially introduced its new online shopping platform in Kenya. Using the mobile app, customers are expected to easily and conveniently browse and add all their essentials to a digital cart. “At Carrefour, we’re constantly finding innovative ways to modernise and digitise the shopping experience for our customers. We are confident...
For many businesses that had previously relied on selling their products or services in person, accepting online payments has been a significant step in digitising their offering to the local market. As eCommerce adoption rates continue to soar in 2021, digital payment solutions will need to keep pace to...
- Advertisement -

Get in touch

9,200FansLike
22,877FollowersFollow
627SubscribersSubscribe

Recent Posts