Industry News
25 years in, nearly 450 stores later – the secret sauce behind The Crazy Store’s success
Value retailer The Crazy Store aims to have 500 stores operating in southern Africa by the end of 2023, which would signify a major growth milestone for the company that started out as the ‘cheap and cheerful’ R10 Store when the first outlet opened in Edenvale, Johannesburg in 1995.
Sabi Opens an Office in Johannesburg to Enable the Digital Transformation of South Africa’s ZAR 157 Billion Informal Economy
South Africa’s micro, small and medium-sized traders can now improve their cash flow with more reliable supply chains and better customer marketing using Sabi, Africa’s leading B2B platform for goods and services distribution.
Report: Wealth in Africa
Africa is home to an estimated 21 billionaires and some of the world’s fastest growing markets.
‘Kidult’ trend shaking up the toy sector
There’s a new trend on the rise in the toy sector, with ‘kidult’ toys surging in popularity as young adults look to their childhood toys for comfort and nostalgia during difficult times, according to retailer Toys R Us.
China lifts ban on South Africa’s wool exports
China has lifted restrictions on the import of wool from South Africa, the Department of Agriculture, Land Reform and Rural Development said on Tuesday afternoon.
Standard Bank’s digital platform loans out R3bn to SMEs
Standard Bank’s BizFlex digital loan facility has disbursed R3 billion to small, medium and micro enterprises (SMMEs) in the past three years.
Thandie Dowery shares inspiration behind jewellery brand Nomi Handmade
Local designer Thandie Dowery credits her mother as the driving force that inspired her to launch her successful jewellery brand Nomi Handmade in 2015.
The case for investing in the digitalisation of Africa’s informal retail supply chains
Recent years have seen the emergence of numerous start-ups digitalising the informal retail sector in African countries.
How used clothes became part of Africa’s creative economy – and fashion sense
In recent years the global secondhand apparel market for clothing and shoes has grown exponentially. In 2002 used clothing exports were worth $1.4bn. Despite a slowdown during the Covid-19 pandemic exports were close to $4bn in 2020.
5 helpful marketing tools for startups
Incredible products and services are only one piece of the puzzle when it comes to taking your startup to the next level. An often overlooked and missing piece for many businesses is its emphasis on its marketing resources from the get-go.
Adidas debuts collection designed with SA’s Thebe Magugu
Adidas has launched the first of two ranges developed in collaboration with celebrated South African luxury designer, Thebe Magugu. The first Adidas x Thebe Magugu drop is inspired by African heritage, community and kinship and has been designed with inclusivity in mind.
Gauteng launches township retail programme to regulate spaza shops
Gauteng premier David Makhura and the MEC for economic development, environment, agriculture and rural development, Parks Tau, are launching the Gauteng township retail programme at the Sam Ntuli Stadium in Thokoza.
Mr Price Home collabs with female design talent for Women’s Month collection
For its Women’s Month Colab Collection this year, Mr Price Home has partnered with three local female entrepreneurs who will have their unique designs featured in a limited-edition range of homeware products.
Women instrumental to success of Africa’s largest retailer
The Shoprite Group was the first retailer to celebrate the enormous contribution of South African women to society when Government announced National Women’s Day in 1996 when it introduced a significant campaign that ran for 17 years to celebrate women, the nationally acclaimed Shoprite Checkers Women of the Year Awards.
Logistics experts help African SMEs expand international footprint
Breaking into new markets is necessary for any business looking to grow in today’s hyperconnected world, and many are doing just that by choosing the right logistics solutions.
