A recent research collaboration between the Mastercard Center for Inclusive Growth and The Fletcher School at Tufts University highlights the strengths and opportunities of six major countries in Africa for harnessing the true potential of technology to drive...
On Monday, 2 September 2019, HomeChoice, a Retail and Financial Service products provider, announced a new eCommerce website in partnership with Oracle. The website will be hosted on Oracle Cloud Commerce (OOC), a new platform developed by Oracle and built as...
In line with international trends and following on the success of Black Friday, the Takealot Group has launched the first-of-its-kind shopping event in South Africa. The Ultimate Checkout Sale is the Takealot Group’s beginnings of creating a South...
South Africans can now shop for luxury beauty brands online at Takealot.com and Superbalist.com. The online retailers have extended their offering to include Estée Lauder, Clinique, Bobbi Brown, Smashbox, Glamglow, Tommy Hilfiger, DKNY, Aramis and Lab...
South Africa’s online retailer takealot.com has launched over 25 collection facilities across the country. Its flagship Takealot Pickup Point at the New Road off-ramp in Midrand spans the N1 highway, the busiest highway in Africa, allowing motorists...
April 24, 2019 •
Finance, Top Stories •
Fundi Maseko •
Comments Off on New study reveals top trends in online payments in MENA
Payment approval rates for travel have increased by 8.8% in the Middle East and North Africa (MENA), finds a new report from Checkout.com, an international provider of online payment solutions. In the fourth quarter of 2018, the approval rate rose by 5.1%...
If you’ve done any kind of online shopping in South Africa, you’re more than likely to be familiar with the name i-Pay. Not only do they make electronic funds transfers (EFTs) smoother and safer, they also singlehandedly saved 2018 Black Friday...
NetDragon, a global leader in building internet communities, signed a memorandum of understanding (MOU) on digital education with the leading Russian B2B-platform for cross-border e-commerce, Global Rus Trade, at the BRICS Business Council Midterm Meeting in...
Jiji, Nigeria’s classifieds marketplace has reached an agreement with OLX to redirect OLX users in Nigeria to Jiji and to acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda. The transaction is supported by one of Jiji’s principal investors,...
March 15, 2019 •
Retail, West Africa •
Fundi Maseko •
Comments Off on Konga migrates to Intel Retail Accelerator Programme
Nigerian e-commerce site, Konga has announced that it has migrated to the Retail Accelerator Program of global technology company Intel, thereby becoming the first e-commerce company in sub-Saharan Africa to achieve the feat. Konga’s elevation to the...
As we approach the third month of 2019, some interesting trends are being predicted and already seen, in the retail and online market segment. Considering that December – usually an important sales month – was a tough one for SA retailers, keeping ‘on...
February 24, 2019 •
Retail •
Danielle Kruger •
Comments Off on Retailers see triple-digit gains
Thirty-five percent of shoppers feel today’s brands do not care enough about personalising their shopping experiences. However, when retailers do invest in personalisation it pays. This is according to a Total Economic Impact (TEI) study conducted by...
Goodwell, the pioneering investment firm whose focus is in fintech, financial inclusion and growth in firms providing essential goods and services has invested $2million into Copia, a Kenyan e-commerce venture. Copia makes it easier for underserved consumers...
Shoppers on South African online marketplace bidorbuy.co.za are about five times more likely to buy a second-hand laptop than a new one. “In many cases, it makes sense to buy pre-owned laptops, because they are much cheaper, and often can perform...
In 2018, Huawei announced plans to launch its first public cloud datacentre in Africa, however there was mention of location nor exact date of the launch. In a recent statement issued by Huawei, the company confirmed the launch to happen in March 2019 and...
February 12, 2019 •
Retail •
Danielle Kruger •
Comments Off on The future of e-commerce in Africa
At present, e-business in Africa remains a challenge. It may be better than it ever has been, but the truth is that lower literacy and internet penetration levels continue to limit the growth on the continent. However, this will not remain the status quo for...
