India’s Natco Pharma will acquire significant stakes in 135-year-old South African pharmaceutical giant Adcock Ingram. The R 4.2-billion deal will see Adcock Ingram becoming a privately-held entity co-owned by Natco and Bidvest, which will remain the majority shareholder in the group. A meeting of shareholders of Adcock Ingram approved Natco’s proposal to acquire all the
Boxer has officially opened its newest and seventh Distribution Centre (DC) in Tongaat, KwaZulu-Natal, marking another major step forward in the company’s fast-growing national supply chain network. Co-owned 50/50 with long-standing property development partners JT Ross Property Group, the 32,000 square metre Boxer Tongaat DC stands as a testament to strategic collaboration, operational excellence, and
Global Settlement Network (GSX), the leader in blockchain infrastructure, has partnered with Diacente Group, developer of Uganda’s Karamoja Green Industrial and Special Economic Zone (GISEZ), to launch the world’s most advanced tokenized economy. Backed by $5.5 billion in real-world infrastructure, the partnership will digitize value flows across key sectors, building an open, inclusive, and efficient economic engine
Backed by over 30 years of speed and innovation, AutoTrader South Africa will unveil cutting-edge AI technology designed to empower dealerships, enhance performance, and make life easier for car-buying consumers. For over three decades, AutoTrader has shaped the way vehicles are bought and sold in South Africa. What began in 1992 as a 24-page print magazine connecting
Algiers, Algeria –African Export-Import Bank (Afreximbank) is promoting uptake of factoring, an innovative supply chain financing tool that allows Small and Medium-sized Enterprises (SMEs) to sell their unpaid invoices to immediately access working capital, in Africa. On the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in Algiers, Algeria, Afreximbank held a Factoring Exposition
With a career spanning engineering, business development, and sales leadership across Sub-Saharan Africa, Vivashan Muthan brings a wealth of expertise to his new role as Head of Export Sales and Operations at RS South Africa (https://Africa.RSDelivers.com). Known for building systems that drive growth and resilience in real-world markets, Muthan is set to lead the company’s
AfroQuality today announced the launch of its operations in Ghana, Rwanda, and Kenya, introducing a new kind of retail and distribution platform designed to help African brands scale across the continent and globally. AfroQuality is building the distribution rails for African brands; a multi-country retail and logistics backbone that allows artisans, designers, and manufacturers to move
Nokia today announced that fibertime is expanding its fiber broadband access footprint to include an additional 400,000 homes located across South Africa’s underserved communities. The broadband roll-out is part of fibertime’s larger goal of connecting 2 million homes by 2028. Fibertime will deploy a combination of Nokia’s IP and fiber access technologies to build semi-mobile
Scan Global Logistics (SGL), a leading provider of global logistics services, is proud to announce the opening of its new operations in Egypt. This expansion aligns with SGL’s ambitious global growth strategy and increases its foothold in one of the region’s most strategic markets. The opening in Egypt is part of SGL’s strategic focus to
Mr Price Foundation targets empowering 500,000 youth by 2035 to tackle SA’s unemployment crisis The organisation released its FY2025 Integrated Impact Report, which highlights the strides made in youth employability, entrepreneurship and primary education. Mr Price Foundation has announced an ambitious plan: to get 500,000 youth economically resilient by 2035. The target, revealed in its
Mr Price Foundation has announced an ambitious plan: to get 500,000 youth economically resilient by 2035. The target, revealed in its newly released FY2025 Integrated Impact Report, comes as the country faces a youth unemployment crisis, with 7.7 million young people not in employment, education or training. READ THE REPORT HERE READ THE EXECUTIVE SUMMARY
Township retail is entering a new era as Smartfill rolls out its latest, innovative refill dispensers in spaza shops across Tembisa bringing affordable and more sustainable shopping closer to home for thousands of households. Designed for the informal trade market, Smartfill eliminates single-use plastic and makes everyday essentials significantly more affordable by allowing shoppers to buy what
Specialist agriculture investor AgDevCo is pleased to announce its latest investment in Hybrid, an integrated poultry producer located in Zambia. Hybrid is a leading company in Zambia’s poultry industry, operating a vertically integrated model that spans the entire value chain from breeder farms to processed poultry products. It is part of the African Poultry Development
Partnership aligns with Jumia’s push for ecofriendly deliveries and sustainable e-commerce Jumia (NYSE:JMIA), a leading e-commerce platform in Africa, has partnered with Spiro to launch a fleet of electric bikes (e-bikes) to power deliveries in Uganda, within Kampala. This initiative marks a significant step in Jumia’s ongoing Environmental, Social, and Governance (ESG) strategy to reduce
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions. This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and
Pick n Pay opened its first Hypermarket in Pietermaritzburg on Tuesday, 23 September, following the conversion of its existing Supermarket at Midlands Liberty Mall. This investment marks a significant transformation of the former Pick n Pay Supermarket into a full-scale Hypermarket – delivering a brand-new, one-stop shopping experience for customers in Pietermaritzburg and the greater KwaZulu-Natal region.
Originally published by Cross Switch here: https://cross-switch.com/cross-switch-at-seamless-africa-2025-orchestrating-growth-in-payments/ Seamless Southern Africa 2025, held in Johannesburg, brought together over 6,000 professionals from the banking, fintech, retail, and e-commerce sectors. The energy in the air confirmed the feeling that Africa isn’t just following global digital commerce trends, but is moving ahead at its own lively pace, showing that
Nasan Energies Namibia (Pty) Ltd announced that it has agreed with Vivo Energy Namibia to acquire 53 Engen and Shell-branded fuel service stations, in a landmark transaction. The acquisition, which is subject to approval by the Namibian Competition Commission, marks a historic moment for Namibia’s energy sector. In May 2024, Vivo Energy completed the purchase
Philippi’s semi-rural agricultural and farming zone, which comprises the Philippi Horticultural Area, remains a lifeline for Cape Town’s fresh produce supply and food security – and businesses that support the farmers in this area play a vital role in protecting this important food production asset. Known as Cape Town’s food basket, Philippi produces up to
The Shoprite Group has once again claimed top honours at the 2025 South African Loyalty Awards, with its Xtra Savings programme named Best Retail Loyalty Programme of the Year for the fifth year running. Launched in 2019, Xtra Savings is South Africa’s largest rewards programme, with over 33.7 million members who saved R16.5 billion at
Pick n Pay has been reaffirmed its leadership in loyalty innovation by winning multiple accolades at the prestigious 2025 South African Loyalty Awards, including a top category win and several commendations across key campaign and data categories. The retailer’s wins reflect its deep commitment to delivering value-driven, customer-first loyalty experiences that resonate with millions of
PnP Clothing has reached a major milestone with the opening of its 400th stand-alone store at Westgate Mall in Roodepoort, Gauteng. This landmark moment marks more than two decades of consistent growth for the brand and reflects its increasing relevance in South Africa’s dynamic retail landscape. Despite rising input costs and constrained household spending, South
Vivo Energy, the pan-African retailer and marketer of Shell and Engen-branded fuels and lubricants, announced the launch of its new VE-CEM (Continuous Equipment Monitoring) solution, powered by Digital Twin technology from its strategic partner, Intangles. VE-CEM gives businesses unprecedented visibility of their vehicles and equipment, helping them predict and prevent breakdowns before they occur. By harnessing real-time
African Export-Import Bank (Afreximbank) launched the African Trade and Distribution Company (ATDC) to catalyse large scale trade in raw materials, minerals and value-added products from across Africa. Afreximbank, through the Fund for Export Development in Africa (FEDA), established ATDC in collaboration with Arise Integrated Industrial Platforms (Arise IIP), Equitane DMCC and the African Continental Free
Walmart announced its plans to open its first branded stores in South Africa later this year. This strategic move underscores Walmart’s commitment to making high-quality, affordable merchandise accessible to more customers. It also follows Walmart’s first Growth Summit held in April, which featured suppliers from 12 countries across the continent with incredible innovations and products made, grown
During the Africa Food Systems Forum in Dakar, Heifer International urged governments, donors, investors, and development partners to deepen their commitment to local partnerships that can accelerate agricultural transformation across the continent. The organization emphasized that when governments, smallholder farmers, youth innovators, cooperatives, and the private sector work together with the development sector, Africa can build stronger
Africa’s industrial and logistics market is witnessing accelerated growth, with occupancy levels for modern warehouses reaching 83% in H1 2025—up from 75% a year earlier, representing a 10.7% year-on-year increase. According to the global property consultant Knight Frank’s Africa Industrial Market Dashboard (H1 2025), the sector is recording historic occupancy highs, driven by the rapid
Avocado season has been in full swing since March, and South Africans are scooping up the country’s favourite fruit in record volumes. With creamy texture, great health credentials, and versatile uses, it’s easy to understand the obsession. According to the South African Avocado Growers’ Association (SAAGA), the country produces around 155,000 metric tonnes of avocados annually,
Woolworths Holdings FY25 Results For The 52 Weeks Ended 29 June 2025 HIGHLIGHTS* *To facilitate year-on-year comparison, this media release focuses on the pro forma 52-week financial information for continuing operations. The Group results are for the 52 weeks ended 29 June 2025, and not directly comparable to the 53 weeks ended 30 June 2024.
Reviewed results for the 52 weeks ended 29 June 2025 and cash dividend declaration 2025 Sales surpass R250 billion Key information – continuing operations* * It is important to note the Group’s continuing operations result for the period under review is reported against a prior period which has been restated for the classification of the Group’s
The 500th Usave supermarket in South Africa opened in Hopefield, Western Cape today – marking a major milestone in the Shoprite Group’s continued mission to expand access to affordable goods and services in more communities across the country and beyond. Launched in 2003 under the leadership of now-CEO Pieter Engelbrecht, Usave has become a critical part of the Group’s
Global cloud communications platform Infobip has announced the expansion of its integration with Microsoft Azure Communication Services, enabling its advanced SMS interface to connect businesses with customers in more than 100 additional countries. This collaboration unites Infobip’s carrier-grade global messaging with Microsoft’s communications platform, empowering organisations to deliver secure, high-quality, and compliant messages worldwide. As
Restaurant franchise group Spur Corporation increased headline earnings by 16.5% to R275 million for the year to June 2025 as the group’s market-leading brand portfolio delivered a strong trading performance in the weak consumer spending environment. The full year dividend was increased by 40.4%, to 299 cents per share, as the directors showed their confidence
Checkers has launched South Africa’s first smart shopping trolley, pioneering a major step towards a frictionless, technology-led in-store experience. Called the Xpress Trolley, it allows shoppers to scan-and-bag items as they go, track a live running total, and pay directly on the trolley without needing to stand in a queue or bag products at a
As South African households continue to face rising living costs and make more intentional spending choices, retailers are urged to deliver meaningful value. Pick n Pay’s Price Palooza campaign supports this notion, reinforcing how loyalty programmes are helping customers stretch their budgets through discounts, rewards, and a little excitement at the till. The campaign aligns with recent
Barloworld and Newco advises shareholders that the South African Competition Tribunal has approved Newco’s R23 billion acquisition of Barloworld, subject to certain agreed public interest conditions which include the implementation of a broad-based black economic empowerment structure after delisting. The approval by the Tribunal follows a positive recommendation from the South African Competition Commission as
Written by 1Nebula | https://www.1nebula.com/ Get your free Telecom Cost Audit here Company growth is a good thing. However, growth often requires even more work to consolidate its gains. For operationally intensive retail companies, this often looks like an increasing footprint of stores, warehouses, and delivery fleets. This new infrastructure brings with it a need
Peter Ludi, Business Development Executive at redPanda Software and Solutions In 2025, the South African retail sector has seen a 4.2% year-on-year increase and the ecommerce sector is anticipated to reach R225 billion, a 150% growth over the past five years[1][2]. Omnichannel retail capabilities, supported by personalisation, customer data analytics, AI-powered recommendations and automated inventory
The Shoprite Group has been added to Absa’s Rewards programme to bring additional rewards to even more South African shoppers. During the launch phase from 16 August 2025, Absa Rewards members who pay with qualifying debit or credit cards will earn up to 60% cash back when shopping at Shoprite, Checkers, Checkers Hyper, LiquorShop, or
From FNB to Absa, TymeBank to Standard Bank, and now Capitec, Pick n Pay continues to unite South Africa’s leading banks under one roof, giving customers unmatched convenience when managing their money while they shop. With the addition of Capitec cash deposits at Pick n Pay tills, now empowers all banked customers to deposit cash,
Boodil, a UK-based innovator in payments technology specialising in e-commerce and open banking, has entered into a strategic partnership with Transaction Junction, a prominent South African provider of omni-channel transaction solutions. The collaboration aims to deliver advanced payment experiences to Shopify e-commerce merchants across South Africa and Sub-Saharan Africa, introducing a secure, streamlined, and flexible
It took guts to persevere with a formula that had never been tried in SA — selling fashionable clothing cheaply. The SA business scene has few highly successful disrupter companies — companies whose owners aren’t happy with the status quo and are convinced they can perform far better. Discovery, Investec, Nando’s and Capitec immediately spring to
Vodacom South Africa has successfully made the country’s first native voice call on 5G, also known as Voice over New Radio (VoNR). The call was made on Vodacom’s test network – an important prelude to launching the service on the live network. Vodacom South Africa’s Technology Director, Beverly Ngwenya said, “As a company led by
Woolworths has been named among the top three brands most likely to be recommended by South Africans, according to insights agency KLA. The ranking is a powerful indicator of trust in the Woolies brand, and a reflection of the strength of the company’s reputation among shoppers. The Top 5 Most Recommended Brands in SA for
Pick n Pay Botswana is excited to announce that the all of its stores are now under full corporate ownership, signalling its commitment to delivering an improved shopping experience for customers. From a previous franchise-based model, 13 Pick n Pay stores in Botswana are now fully owned and operated by the Pick n Pay Group.
Amdocs (NASDAQ: DOX), a leading provider of software and services for communications and media companies, announced today the successful completion of a major business support systems (BSS) transformation with Telkom South Africa. The South African service provider upgraded its legacy BSS to Amdocs Customer Experience Suite (CES), Amdocs’ cloud-native, modular platform, now supporting approximately 25 million
South Africa’s biggest grocery retailer Shoprite Holdings said on Tuesday it is selling its operations in Ghana and Malawi, marking another step towards consolidation of its activities across Africa to focus more on its home market. The supermarket retailer had expanded extensively in Africa, surpassing rivals such as Pick n Pay and Walmart-owned Massmart to become the
The Coca‑Cola Company today announced that it has entered into an agreement to sell Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC). Chivita|Hollandia (CHI Limited) is a leading food and beverage player in Nigeria, with a portfolio across value-added dairy products, juices, nectars, still drinks, and snacks. The Hollandia brand is the market leader
Vivo Energy Kenya, the company that distributes and markets Shell products and services in the country, has opened its 336th Shell service station. Shell Imara Daima service station is located in Nairobi, along Mombasa Road. This new service station is a significant milestone in Vivo Energy Kenya’s expansion strategy, reinforcing the company’s commitment to bring quality,
Feed the Nation, established by Pick n Pay at the height of the COVID-19 pandemic, is commemorating its five-year anniversary with a call to corporate South Africa to partner in creating a hunger-free future rooted in dignity and shared value. Over the past five years, Feed the Nation has distributed food worth over R215 million, providing
