While multiple local crises, the global pandemic, supply chain disruptions and the impending financial crisis have placed strain on businesses, South African retailers, suppliers and distributors continue to demonstrate resilience.
Retail Reit Vukile Property Fund has launched the Vukile Retail Academy to unearth and develop the next generation of talented retail entrepreneurs.
Massmart has joined forces with local Fintech, Retail Capital, providing access to funding to small, medium enterprises (SMEs) in South Africa. Retail Capital is one of the country’s leading alternative funders and a leader in Fintech solutions.
The fifth Lego Certified Store has opened its doors in Mall of Africa, introducing a new Lego store design to the African continent.
The prospect of making the transition from a ‘side hustler’ to the owner of a fully-fledged business may have serious appeal, but it’s important for entrepreneurs to resist the temptation to buy into romanticised notions of what it means to own your own business before you leap into the formal SME territory.
One of the United States’ (US) leading convenience retail brands, Circle K, is expected to open its first South African store in October.
Beauty retailer Arc has brought coveted US makeup brand Anastasia Beverly Hills to South Africa.
AfCFTA partnership is invaluable to achieving strategic growth
The best of Kimberly-Clark Professional’s global quality and innovation is now proudly made in South Africa!
Kimberly-Clark Professional™ will now manufacture the brands that users trust sustainably in South Africa, illustrating its firm commitment to SA’s future through its investment while growing local business capacity.
It’s understandable that small to medium enterprises (SMEs) have found themselves online out of necessity as e-commerce adoption accelerated by three to five years as a result of the Covid-19 pandemic, and online retail in South Africa in 2020 grew by 66%.
Zipline and Jumia join forces to pioneer drone delivery of thousands of products to homes across Africa
Jumia (NYSE: JMIA), the leading e-commerce platform in Africa, and Zipline, the world’s largest instant delivery service, announced today a collaboration to deploy automated, on-demand delivery for e-commerce in Africa. Pilot program and testing were launched a few months ago in Ghana.