Wednesday , March 20 2019

Four Trends Shaping the Fuel Retail Sector in SA

With over 4 600 fuel forecourts currently in operation and more expected in the future, this industry is rapidly growing as a key driver of revenue for fuel stations in South Africa. Ronél Fester, FNB Franchise Industry Specialist, says the success and profitability of fuel forecourts lies in their ability …

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Dunkin Brands and GPI Announce Plans to Open Hundreds of Dunkin Donuts and Baskin-Robbins in SA

Dunkin’ Brands, the parent company of two of the world’s most recognizable brands, Dunkin’ Donuts and Baskin-Robbins, today announced that it has signed a master franchise agreement with Grand Parade Investments Limited (GPI) to begin developing Dunkin’ Donuts and Baskin-Robbins restaurants in South Africa. The agreement remains subject to GPI’s …

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SA online retail to pass 1% of total retail in 2016

For the first time since the dawn of e-commerce in South Africa, online retail in South Africa will reach 1% of overall retail during 2016. This is the most significant finding of the Online Retail in South Africa 2016 report, released recently by World Wide Worx. The report shows that online retail …

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Wincor Nixdorf equips IKEA with IT

IKEA Group and Wincor Nixdorf conclude iPOS project Approximately 14,000 BEETLE POS systems – 2,700 more than originally planned – were installed by Wincor Nixdorf in 330 IKEA Group stores in 28 countries as part of a big retail project. The entire rollout took just two years and three months, …

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MasterCard and the ‘Customer of Tomorrow’

Speaking at the Retail Congress Africa in Cape Town recently, James House CEO of 5one, a global retail consultancy purchased by MasterCard in 2014, discussed how the evolving retail environment is changing the way retailers must engage with their customers. Customers are no longer relying on just one channel when …

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ATMIA Africa Publishes New Industry Study on Retail Payment Trends in South Africa

The African chapter of the ATM Industry Association has published a commissioned study on retail payment trends in South Africa for its online member Market Intelligence Library. “With 12 million new consumers added to the economy in the last ten years, along with an expanded banked community, the payments pie …

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Visa Working to Promote E-Payments in Africa

Visa is looking to displace cash in Africa wherever they can by introducing and familiarising people to various e-payment technologies. This is according to Mandy Lamb, Visa’s Country Manager for South Africa, who held a media briefing last week to discuss Visa’s plans in Africa. Mandy pointed out that one …

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Retailers Payment Forum Offers Insight into the Future of Payments in SA

The First Annual Retailers Payment Forum was held in Cape Town last week. Hosted by Calleo, a South African based payments consultancy and research firm, the event covered international and local trends in payments technology and showcased the challenges and opportunities for South African retailers. Attended by many of South …

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South Africa’s Banking Rewards Programs: A Comparison

South African banks are now all in full swing with their respective loyalty or rewards programs.  In a highly competitive banking environment, where the large South African banks are doing whatever they can to attract customers across all LSM’s, rewards programs can be used to ensure that existing customers are …

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