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Kenya Loses Over $900-Million to Illicit Trade According to Report
The Anti-Counterfeit Authority of Kenya has released findings of the National Baseline Survey on the extent of counterfeit and other forms of illicit trade in the country. According to the study conducted between October 2019 and February 2020, the Government…
7 South African Businesses That Might Not Survive the Lockdown
The South African economy is preparing to emerge from the lockdown with nearly 2 million fewer jobs. Thousands of businesses are not expected to survive the chaotic period. Here are 7 prominent companies and businesses that are either close to…
How to Shop for Gadgets Online Like a Pro
If you want to shop for an electronic gadget online then you are probably wondering how to get the best deal. Shopping online is cool but it also has its shortcomings. You can lose cash buying the wrong gadget, or…
South African SMEs Begin Road to Economic Recovery
Small businesses in South Africa were at a low point on 10 April. Under the weight of the COVID-19 burden, many companies were almost at breaking point. Turnover has been down by 92% relative to the period before the lockdown…
Netflix to Start Cancelling Inactive Customer Subscriptions
Netflix says it will begin to ask customers who have not watched anything on the on-demand video streaming service in a year or more if they wish to maintain their subscription — and will cancel their membership if it does…
Facebook Unveils Shops – its New eCommerce Feature
Facebook has launched its latest eCommerce feature – Shops – which will enable businesses to set up an online store for customers to access across Facebook and Instagram. The company says that it is investing in features that inspire people…
INTERVIEW: Rentoza – Africa’s First On-Demand Rental Platform
New startup Rentoza is Africa’s first on-demand rental platform. Started by a group of 4 South Africans convinced the stuff hiding in the bottom of their cupboards and garages should be paying rent for taking up so much space –…
3 Key Trends for the FMCG Sector Post-Pandemic
It’s clear that the Coronavirus has changed the landscape for FMCGs (Fast-moving consumer goods) – in some ways permanently. However, despite its similarities, the impact has not been the same across its subsectors and through the supply chain. Itumeleng Merafe,…
South African Consumers Make the Move to Contactless Payments
As South Africa imposed necessary restrictions on social distancing in March, three-quarters of South African consumers (75 per cent) say they are now using contactless payments, citing safety and cleanliness as key drivers. Consumer polling by Mastercard, studying changing consumer…
Amazon Racks Up More Visitors than 5 Leading Online Stores Combined
Online retail giant, Amazon had 4.06 billion unique visitors in March – this according to data gathered by Learnbonds.com. And while it’s unsurprising that more and more people are choosing to shop online as a result of the COVID-19 pandemic,…
Mastercard and DPO Partner to Help African Businesses Move Online
African digital payments company, DPO Group, has launched an e-commerce store that is powered by Mastercard’s payments gateway technology. Through this platform, DPO hopes merchants across Africa will be able to swiftly move their businesses online and continue to trade…
South Africa’s Online Spending Habits during Lockdown
As the country enters into its fourth week of lockdown, South African consumers have embraced the concept of online shopping – not only for themselves but also to assist the many families who are in desperate need of financial relief…
PC Shipments Fall 8% Worldwide as Demand Surges
The COVID-19 worldwide pandemic has governments putting their countries under strict lockdown measures, and this has caused severe delays and logistical issues leading to worldwide PC shipments falling by 8%, says The Guardian Nigeria via the technology market analyst firm…
3 Innovative Opportunities COVID-19 has Created for Tech Companies
The world is reeling from the impact of the novel coronavirus, companies are suffering from cuts in profits and thousands of employees are forced home. However, what seems like a desperate moment in history can actually be turned into a…
DionWired is Officially Closed for Business
In February, it was learned that DionWired stores were bleeding money for their parent company, Massmart – this came just weeks after Massmart’s January announcement that the stores would be closing. The initial statement from Massmart read “the Massmart Group…
Apple Shipments Dropped by 60% in February due to COVID-19, reports CAICT
Apple is facing more than a 60% drop in iPhone shipments as a result of the Coronavirus outbreak, according to the China Academy of Information and Communications Technology (CAICT). The tech heavyweight already announced in mid-February that it wouldn’t meet its…
