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Less than 30% of Africa's e-commerce startups profitable
Less than 30% of Africa's e-commerce startups profitable

Less than 30% of African e-commerce startups are profitable, as ventures tackle issues such as lack of funding, shortage of trust and logistical difficulties...

By Gabriella Mulligan 8 Dec 2017

RMB Ventures, Investec Asset Management acquire stakes in Botswana-based retailer
RMB Ventures, Investec Asset Management acquire stakes in Botswana-based retailer

Kamoso, a Botswana-based retailer and consumer goods company, was acquired by a consortium that includes Investec Asset Management Private Equity, RMB Ventures...

24 Oct 2017

Morris and Mtongana.
#BODCT: Redesigning the world one business at a time, to surprise and delight customers

Big brands shared the role of design in their business at Business of Design, with Adrian Morris, partner and MD at Design Partnership speaking of current the physical reboot trend responding to a changing landscape, while Brian Mtongana, head of design at Woolworths, honed in on the role of packaging in sales...

By Leigh Andrews 16 Oct 2017

Pick n Pay trials bitcoin payments
Pick n Pay trials bitcoin payments

Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store are able to use the cryptocurrency as a payment method...

19 Sep 2017

Research indicates payment markets to pass $5tn by 2020
Research indicates payment markets to pass $5tn by 2020

Visa and MasterCard's distinct evolutionary strategies in digital payments will underpin the success of a market expected to increase from $3.8 trillion to $5 trillion...

30 Aug 2017

Youtap solutions aim to simplify mobile payments in Africa and Asia
Youtap solutions aim to simplify mobile payments in Africa and Asia

Youtap has launched a QR code solution and smartphone apps for mobile money services in Africa and Asia...

21 Aug 2017

Cash is no longer king. All hail digitisation
Cash is no longer king. All hail digitisation

Cold, hard cash has been on the decline in mature first world economies since the 1990s when electronic banking started becoming popular.

By Peter Alkema 14 Aug 2017

The convergence of credit card and cash in Africa
The convergence of credit card and cash in Africa

According to a recent study conducted by Mastercard, over 50% of the South African population still transact using cash on a daily basis...

By Simeon Tassev 1 Aug 2017

A Cashbuild outlet in Rustenburg, North West.
Picture:
New stores add to Cashbuild's revenue and customer base

Cashbuild's revenue jumped 9% in the fourth quarter to June from the previous financial year, with 20 new stores opening since the beginning of July 2014, contributing a 3% increase...

14 Jul 2016

The mobile revolution in Africa
The mobile revolution in Africa

The influx of mobile phone has enhanced ease of access across the world - no more so than in Africa...

17 Apr 2015

Could Africa become like China?
Could Africa become like China?

Africa's changing demographic over the next three-and-a-half decades could transform the continent into the next China, but only if its youthful population is educated and entrepreneurial.

By Jana Marais 19 Aug 2014

Sun International sells some African assets
Sun International sells some African assets

Sun International says it will sell a portion of its interests in its African assets to a foreign subsidiary of Thailand-listed Minor International Public Co (Mint) for R664m.

19 Aug 2014

Postive results likely from US-Africa summit says Davies
Postive results likely from US-Africa summit says Davies

South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders' Summit held in Washington last week, Trade and Industry Minister Rob Davies said on his return.

13 Aug 2014

AECI plans to reduce its reliance on a weak SA
AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

SA Taxi's cash pile opens new frontiers
SA Taxi's cash pile opens new frontiers

South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.

12 Jun 2014

Sanlam looking to invest in Africa, South-East Asia
Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Santova seeks to expand trade corridors
Santova seeks to expand trade corridors

Supply chain management specialist Santova‚ could look to push into busy African markets in the financial year ahead.

By Marc Hasenfuss 5 Jun 2014

Packaging in SA is always changing shape
Packaging in SA is always changing shape

If there is one industry where everything is in flux and companies have to re-jig their shapes and formats all the time, it is SA's packaging manufacturers. Apart from constantly changing industry conditions, not least from encroaching rivals, each firm has specific obstacles to get over.

By Mark Allix 2 Jun 2014

Zimbabwe central bank has 'no tools' to fix economy
Zimbabwe central bank has 'no tools' to fix economy

Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.

8 May 2014

Santam wants to unwind international division
Santam wants to unwind international division

South Africa's largest short-term insurer‚ Santam‚ said last week it was looking to unwind its Europe-focused international division.

By Phakamisa Ndzamela 23 Apr 2014

Old Mutual sees strong customer growth
Old Mutual sees strong customer growth

London- and JSE-listed insurer Old Mutual grew the number of customers in its operations in the rest of Africa by 590,000 in 2013 as it continues to focus on emerging markets to achieve growth.

By Gillian Jones 3 Mar 2014

Sanlam, Santam work together in emerging markets
Sanlam, Santam work together in emerging markets

Sanlam and short-term insurer Santam will work together in emerging markets as the group expands into the rest of Africa‚ and South-east Asia.

By Gillian Jones 13 Dec 2013

Shoprite turnover up 10.2% for September quarter
Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013

FNB's eWallet shows strong growth in Africa
FNB's eWallet shows strong growth in Africa

First National Bank's eWallet continues to show strong growth in its African operations with a 119% year-on-year increase. It has also maintained growth in SA with the total number of eWallets in all countries reaching 2.5m‚ an 84% increase from the previous financial year.

By Bekezela Phakathi 28 Oct 2013

Property listings on the move
Property listings on the move

The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.

By Joan Muller 5 Oct 2013

Africa fund heads for JSE
Africa fund heads for JSE

Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.

By Joan Muller 16 Sep 2013

FirstRand remains committed to growing African presence
FirstRand remains committed to growing African presence

Though FirstRand suffered some setbacks in its African growth strategy‚ it remains committed to growing its presence in the rest of the continent through greenfields operations or small acquisitions.

By Gillian Jones 11 Sep 2013

SA among slowest growing African economies
SA among slowest growing African economies

Growth in SA will continue to lag that of other African countries‚ with the latest African Development Bank African Economic Outlook report released on Wednesday (7 August) listing the country among the 10 that will record the slowest growth this year.

9 Aug 2013

Old Mutual earnings up 22% in six months
Old Mutual earnings up 22% in six months

London- and Johannesburg-listed insurer Old Mutual reported good results on Wednesday (7 August) in most areas of its business for the six months to June this year.

By Gillian Jones 8 Aug 2013

Africa is a target for Citibank
Africa is a target for Citibank

Citibank is expecting to grow revenue in Africa as it sees opportunities in increased trade and investment‚ urbanisation and digitisation.

By Gillian Jones 26 Jul 2013

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