Industry News
AfCFTA: Traders to have opportunities to scale up and expand their markets in 2022
Immediate priorities include finalising negotiations on rules of origin, providing a finance facility for SMEs and launching the African Trade Gateway digital platform.
Africa: Ten Reasons to Consider African Trade and Investment Opportunities in 2022
Our Banking & Finance, Competition & Antitrust, Mergers & Acquisitions and Trade partners in Johannesburg outline ten reasons to turn your attention to African trade and investment opportunities in the coming year.
ECDC hosts 2021 Southern Africa Regional Awards
Celebrating the Export Excellence of Southern African Brands – Eastern Cape Development Corporation (ECDC) is pleased to announce that the Southern Africa Regional Exporters Awards will be held at the East London International Convention Centre in the Eastern Cape, South Africa on 08 December 2021.
Women are shaking up the e-commerce industry in South Africa
The Heavy Chef E-commerce Entrepreneur Education Report reveals that the growth of e-commerce in South Africa has been accelerated by five years since the Covid-19 pandemic began. Interestingly, it is women leading the charge.
Pick n Pay names top small suppliers for 2021
Pick n Pay’s Enterprise and Supplier Development programme has announced the winners in its 2021 Small Supplier of the Year awards. The annual awards recognise the retailer’s top small business suppliers for their passion, dedication and achievements over the past year.
Global trade to increase 23% from 2020 levels – Unctad
The United Nations Conference on Trade and Development (Unctad) forecasts that global trade will reach about $28-trillion this year – an increase of 23% on 2020 levels, after stabilising in the second half of the year.
Increased presence for Italian business in S Africa next year
The Italian-South African Chamber of Trade and Industry (Italcham) aims to continue improving its presence in South Africa next year.
Tesla’s SA partner raising renewable energy’s profile in SA
US automotive manufacturer Tesla’s South African partner, Rubicon Group brought the first Tesla Model X Performance Edition all-electric sports utility vehicle into the country to raise renewable energy’s profile in the country. Simone Liedtke, who saw a demonstration of the vehicle, tells us more.
SA streetwear brand Loxion Kulca partners with Pep
Pep, Africa’s largest single brand retailer, has struck a deal with Loxion Kulca that will see the fashion brand’s latest collection exclusively available in Pep stores.
86% of SA consumers concerned about rising prices – survey
According to Deloitte’s latest State of the Consumer Tracker, South Africans’ priorities are shifting with additional emphasis on well-being, experiences and greater intentions to save more for the future.
Supply crisis spurs South African retailers to end Asia reliance
Spiralling shipping costs and Covid-19 supply chain disruptions are accelerating a shift by South African retailers to end their heavy reliance on Asia and move to source products locally.
South African retailers’ readiness for the fourth industrial revolution
As more businesses move to adopt new technologies in line with the fourth industrial revolution (4IR) and digitalisation, one would be forgiven for thinking that all key players in the industry are quick to adapt.
Safi target: By 2025, 50% of furniture sold in retail should be made in SA
Stakeholders in South Africa’s furniture sector believe the local sector has the potential to grow into a globally competitive and transformed industry, and said they’re on a mission to place locally manufactured and designed furniture into the homes, schools and workplaces of all South Africans, Africans and beyond.
TFG to beef up local manufacturing
Fashion retailer TFG wants to locally manufacture 30 million pieces of clothing a year within four years as it increasingly turns away from global supply chains, its CEO said after the company swung to a half-year headline profit.
5 ways SMMEs can become competitive in e-commerce
A few years ago, the majority of South Africans had never made a single purchase online. Today, the local e-commerce market has experienced a massive boom as lockdown restrictions aimed at curbing the spread of Covid-19, made online shopping feel like the safer, and sometimes the only, option for consumers.
