Industry News
Township economy is vital to SA’s recovery, deputy president tells NCOP
Repurposing rundown industrial parks will be at the centre of growing township economies.
TDB and World Bank Group pen two deals to boost trade and infrastructure finance in Africa
Amid a gloomy economic outlook for Africa and warnings of liquidity strains caused by the coronavirus, the Eastern and Southern African Trade and Development Bank (TDB) has struck two deals with the World Bank Group to bolster infrastructure and trade finance in the region.
South Africa On A Clear Path To Benefit From Trade In Manufactured Goods With Other African Countries
President Cyril Ramaphosa outlined the country’s Economic Recovery Plan on Thursday 15 October 202o, during which he explained that South Africa imported goods (excluding oil) are worth around ZAR1.1 trillion annually, and that if just 10% of these were manufactured locally, the country would add 2% to its Gross Domestic Product (GDP).
Lulapay to help small businesses get invoices paid faster
The alternative small business lender, Lulalend, says payment timeframes of 30, 60 or 90 days can be crippling for small businesses
Level One – What does this Mean for the E-Commerce Sector?
President Ramaphosa confirmed the much publicised rumours that South Africa would indeed move to Level One as from midnight on Sunday, 20 September.
Why Shoprite added a massive R15 billion in market value in just two days
Shoprite’s share price has rocketed almost 22% in two days, after the company reported strong annual results.
Sales in SA grew by almost 9%, and Checkers in particular grabbed market share – probably from Pick n Pay.
Across the group, prices rose by 3% over the past year – from only 1.2% in the previous year.
Ethiopia acquisition for dmg events in African expansion
International events organiser dmg events, has acquired Addisbuild, the longest-running building and construction exhibition in Ethiopia.
Are your virtual doors open for business?
by Jeanne Lloyd. If there’s one thing we’re good at, it’s spotting an opportunity in crisis. This global pandemic has shaken the foundation of our day-to-day behaviour and ways of working. The new social and economic environment we’re faced with, has forced South Africa, and the world, to act fast and adapt where possible. In particular our uptake of digital and social solutions, and more specifically, online shopping in South Africa.
Builders expands to East Africa with first store in Kenya
DIY, construction and building materials retailer Builders marks its entry into East Africa with the opening of its first physical store in Nairobi, Kenya this Thursday, 20 August and the launch of a dedicated Kenyan online retail platform.
How to capitalise on the digital retail takeover
While Covid-19 has turned our personal lives upside down, it’s also changed the way we shop and consume goods.
South Africa must get ready for an inevitable loosening of trade ties with the US
In six months’ time the world’s gaze will be trained on what is gearing up to be a contentious and hotly contested presidential election in the US. Irrespective of who emerges victorious between the incumbent President Donald Trump and the Democratic nominee Joe Biden South Africa needs to start thinking about what it stands to lose – or gain – from the new administration’s stance.
2020 sees boom for online shopping in SA
South African consumers have turned to online shopping in unprecedented numbers since the start of 2020, according to data released y by Mobicred, the largest digital credit facility in this country.
What drove Asia’s economic success stories, and what should Africa emulate?
The remarkable economic transformation of Asia in recent decades has attracted global attention. It has ignited scholarly and policy debates about the region’s development models and strategies.
The non-tech guide to choosing the right software solution
Businesses have had to make their operations digital, and remote, at a much faster pace than ordinary, but choosing the right software solution can be daunting.
Customers Can Now Deposit Cash Directly into Their Bank Account at All Pick ‘n Pay till Points
Ongoing innovation in PnP stores to make banking more accessible and convenient for all customers
