It’s official, electronics manufacturer TCL, the global second bestselling LCD TV brand of 2019 and 2020 as per OMDIA data, is entering the South African market as of 3 November 2021. It promises affordable quality and smarter than smart televisions for all South Africans. TCL’s launch into South Africa speaks volumes of the company’s confidence
The Shoprite Group strives to generate long-term sustainable growth for our equity investors through our established food retail business operations across the African continent. Quick links: Financial results: https://bit.ly/3BhdSeT Results presentation: https://bit.ly/3jFgvRV September 2021: https://bit.ly/3nzgxvK Become a shareholder Shoprite Holdings is listed in South Africa on the Johannesburg Stock Exchange (JSE), with secondary listings on the
To ensure all customers enjoy the same quality instore experience, SPAR South Africa’s Eastern Cape retailers each year raise funds to donate wheelchairs to residents in need. As part of these efforts, the retailers run the ‘Wheelchair Wednesday’ community campaign, now in its tenth year. The campaign is traditionally held over four Wednesdays in October
Clicks Group has reported another resilient performance in the year to August 2021 despite the trading disruption from the KwaZulu-Natal civil unrest and the ongoing impact of Covid-19 on consumer shopping behaviour. Operating profit, adjusted for the impact of the civil unrest, increased by 8.2% to exceed R3 billion for the first time, with diluted
Xtra Savings members can now transact using their Xtra Savings cards following a significant update to the Shoprite Group’s Money Market Account. The Money Market Account, which has attracted 530 000 users since it launched just over a year ago, now provides customers with transactional banking functionalities, including sending money and making withdrawals. “The development
Retail giant, Game, continues to take strides in the roll out of its overall turnaround strategy, Retail Reimagined, with the opening of three stores across Gauteng and KwaZulu-Natal, all with a new look and feel focused on offering a seamless shopping experience. Earlier this year, Game re-opened its Wonderpark and Eastgate stores as well as
The Shoprite Group’s Money Market Account, which previously only enabled customers to deposit funds to pay for utilities and buy groceries, now provides customers with new transactional banking options including sending money and making withdrawals. Money Market Accounts offer banked and unbanked consumers, many of whom are regular customers at the Group’s stores, access to basic transactional banking activities that are specifically aimed at their needs.
Makro and Builders Mini Programs have been launched within the VodaPay Super App. These Mini Programs serve as the cornerstone of the shopping proposition in the VodaPay Super App. This launch follows Massmart’s announcement earlier this year regarding e-commerce as a Business-to-Business (B2B) and Business-to-Consumer (B2C) strategic growth vector. The Mini Programs have been successfully
Nigerian fulfillment platform to open up new markets for small-scale merchants and build out West Africa’s e-commerce operating system Sendbox, the Nigeria-based e-commerce fulfillment platform for merchants in Africa, has today announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments. With participation from
App awarded for bringing world-class online shopping to the people of South Africa The winner of the best consumer mobile device application for 2021 is Takealot. This award, sponsored by Franchise Tech Solutions, is one of 14 app winners announced at the MTN Business App of the Year awards ceremony held virtually late last month.
Tiger Brands Limited has been approved for secondary listing on A2X Markets and its ordinary shares will commence trading on the stock exchange from 26 October 2021. Tiger Brands Limited will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by its secondary listing on A2X.
Many South Africans may not be planning to shop Black November deals this year due to budgetary constraints, but savvy shoppers can use two simple hacks to get the best possible deals on any item they have their eye on this year. “Our 2021 consumer research clearly shows that bargain hunting has become increasingly important
Nestlé held an agripreneurship training workshop for coffee farmers in Mutheka, Nyeri. The workshop aims to help farmers build on entrepreneurship skills, learn about food waste and preservation, investigate price fluctuations and market seasonality, as well as gain trader knowledge on nutrition. At the agripreneurship workshop in Mutheka, coffee farmers learned about potential market links
SPAR International launches a new own brand range across European markets under the label SPAR N°1 Value. This range will provide shoppers with an even wider choice of quality, everyday essentials at great prices. The SPAR N°1 Value range will initially be made available throughout markets in which SPAR operates across Europe, with a view
Checkers was recently named South Africa’s best grocery and liquor store (Checkers LiquorShop) in the 2021/2022 Ask Afrika Orange Index Awards. “It is an honour to be recognised as the best grocery and liquor store in South Africa. We are very proud of this accolade and wish to thank our customers as this would not have
In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, Famous Brands is delighted to advise shareholders that Ms Busisiwe Mathe has been appointed as an independent Non-executive director to the board of directors of Famous Brands (“the Board”). This appointment will be effective from 20 October 2021. Busisiwe, who holds a B. Com
Last year, retailer’s survival was pushed to the limit as they were forced to pull rabbits out of hats in an incredibly short space of time, just to keep their doors open. Faced with the realisation of how behind the curve many businesses were in retail technology business unusual, pushed retail innovation to the brink.
By: Andre Adendorff, Director Presales at Seidor Africa ERP adoption has accelerated since the 1990s, and with this came the opportunity to focus on particular industries. This development recognised that to drive high performance in the face of increasing complexity and uncertainty, businesses need tools and functionalities that are honed for their specific industry. To
Brands can now deliver immediate value to consumers through chat Clickatell (https://bit.ly/3vcSvd7), a leader in mobile communications and chat commerce, has announced it will unveil new payment capabilities via its Chat Commerce Platform at Money 20/20 Las Vegas, Oct. 24-27. Clickatell helps businesses easily deploy payments in chat channels with low to no execution risk
Food safety is critically important to Woolworths and we take all issues regarding the production of our food extremely seriously. Following routine quality tests, Woolworths is recalling Woolworths branded 100% APPLE JUICE 200 ml cartons (single boxes and six packs) with the best before date of 23, 28 and 29 March 2022. It was identified
By Louis van Ravesteyn, Head: Agribusiness, Business and Commercial Client Segments, at Standard Bank Group Agriculture is a highly climate-sensitive industry, and as climate change intensifies causing changes in climate patterns and more severe climate events, like floods or extended periods of dry spells during critical growth phases of crop production, farmers must contend with
With the seismic shifts taking place within retail, as well as the significant impact of the Covid-19 pandemic on customers’ shopping behaviour, the race for tech talent is on with retailers dialing up their investment in ensuring that they are appropriately structured to respond competitively to this changing environment. Taking this a step further, Woolworths
Standard Bank and Pick n Pay customers’ shopping experience has just become even more convenient, easy, and safe, with the launch of Standard Bank’s EasyScan – a new service that enables customers to pay for their shopping using the Standard Bank Mobile Banking app. Standard Bank customers registered on the Banking App can scan
Allowing more entrepreneurs to transact via in-person card payments, simply and securely Payments and software company, Yoco, has partnered with over 700 retail stores nationwide, to allow more merchants access to affordable and efficient electronic card machines and financial tools to start and run their businesses. Entrepreneurs are seeing a growing tapes surrounding product structures
African retailer, Game Stores, is introducing its Price Beat Promise to its month-long Black November promotion for the first time in history – guaranteeing Game shoppers the lowest possible price on all items stocked at Game, between 1 and 30 November. “This is how we are reimagining the popular shopping holiday ‘Black November’ for our customers. Not only are we giving them
Africa can be a challenging place to do business from infrastructure issues, complex compliance, fragmented markets and dispersed populations and particularly post pandemic, harder lives for ordinary people. One cannot ignore those who have gone before with Massmart announcing earlier this month the sale of Game stores in Kenya, Nigeria, Ghana, Uganda, and Tanzania, citing
Combining steam and refrigeration plant utilities for an optimal outcome Exploring opportunities to streamline energy efficiencies within businesses has become a major focus for South African companies in recent years. A great business case for how this can be done with beneficial outcomes in not only energy, but also cost management while improving operational efficiencies
Vivo Energy Uganda, the company that markets and distributes Shell-branded fuels and products, has today launched a new plastic waste collection initiative for the public, at its Shell service stations. This is part of its environmental sustainability campaign named ‘Taasa Obutonde.’ Plastic pollution is currently one of the biggest environmental concerns due to the increase
NESCAFÉ emerged the winner in the coffee category, as chosen by Kenyan consumers, during the 2021 Kenya Beverage Excellence Awards (KBEA) that took place on 24th September 2021 at Movenpick Hotel, Nairobi. The KBEA are designed to recognize, celebrate, and award excellence and innovation across every category of the Kenya beverage industry. The awards are
On World Coffee Day, SPAR shared some of the diverse coffee solutions implemented in SPAR stores around the globe. SPAR recognises that customers not only expect to access quality coffee while on-the-go but also want a lot of choices. SPAR International has two instore coffee solutions covering bean-to-cup and barista offering, building our retailers’ coffee
There is no doubt that the Covid-19 pandemic has added a further strain on South Africa’s already stagnant economy, leaving millions jobless and living in dire poverty. While more than 9 million people starve, there has been an increase in reported cases of food waste. According to National Income Dynamics Study – Coronavirus Rapid Mobile Survey
Checkers opened its new world-class supermarket at Chartwell Corner in Dainfern yesterday, elevating the customer experience through the introduction of brand-new in-store services and greater convenience. Named the most reputable brand in South Africa in Brand Finance’s 2021 annual report, Checkers continues to introduce more and more customers to a world-class shopping experience and is growing
When buying electronics and appliances, many consumers opt for self-installation with the perception that this will save them time and money. However, doing this runs many risks – including voiding the warranty on the item in question, says African retailer, Game. Most electronics and appliance manufacturers stipulate in their policies that the product warranty will only remain valid
The platform refreshes the brand’s trademark promise – to unite and uplift people every day – with renewed relevance for the world we live in today Brand Introduces Real Magic, its first new global platform since 2016 and reveals the “Hug,” a new perspective on the iconic Coca-Cola (www.Coca-ColaCompany.com) logo; brand launches “One Coke Away
Launch in second city after Lagos signals strong growth for Super App ahead of return to ride-hailing and three more new locations in coming months Gokada, the Nigeria-based last mile delivery, logistics and transportation start-up has launched in Ibadan following consolidated growth in Lagos. Following the recent successful launch of its Super App and as
Nestlé is laying out its plans to support and accelerate the transition to a regenerative food system – one that aims to protect and restore the environment, improve the livelihoods of farmers and enhance the well-being of farming communities. Nestlé will work with its food system partners, including the company’s network of more than 500,000
Clicks Group has announced that chief executive officer (“CEO”) and executive director Vikesh Ramsunder has resigned from the group with effect from 31 December 2021 to take up a career opportunity as the CEO of a listed company in Australia. He will continue as a strategic advisor to the group until 31 August 2022. Bertina
Proudly South African and leading fashion and lifestyle retailer, TFG, has acquired the beloved local bedding, duvet and pillows brand Granny Goose and the associated manufacturer, Cotton Traders. The Granny Goose products will be available exclusively to TFG’s @home brand. The acquisition will result in the over 235 Granny Goose & Cotton Traders employees joining
Spur Corporation experienced the early signs of a slow but positive recovery in the second half of the year to June 2021 as total franchised restaurant sales increased by 1% to R6 billion. Group revenue declined by 10.5% to R681 million. This was due to concessions granted on franchise and marketing fees to franchisees for
Mr. Arthur has over 25 years of experience executing commercial growth, logistics and distribution in some of the most challenging countries in the world MarketForce, the Kenya and Nigeria-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, is pleased to announce the appointment of Arthur Bourekas as the Chief
In a first for the Namibian petroleum industry, Engen have brought retail convenience to the fingertips of their customers by introducing a ground-breaking new mobile app. Available for download from Google Play, the Apple App Store and the Hauwei App Gallery, the Engen App enables customers to order groceries and take outs at the click
By Linda Eales, Robotics Division Manager at ABB South Africa The future has never looked more unpredictable for South Africa’s food and beverage (F&B) sector, as it battles a perfect storm of pressure brought on by Covid-19, changing consumer and retail consumption patterns, disrupted supply chains and ongoing scrutiny around food safety. The Food and
Konga, Nigeria’s leading composite e-commerce giant, has signed a partnership with the Federal Government through the Diaspora Commission to further strengthen the relationship between Nigerians abroad, their relatives and the nation. To this effect, a Memorandum of Understanding was signed between Konga and the Nigerians in Diaspora Commission (NIDCOM) on Tuesday, September 14, 2021 in
Mastercard has announced the launch of its The Kitchen competition in support of the restaurant industry in Nigeria. The initiative calls on aspiring restaurateurs from across Nigeria to submit their entries for consideration in the first edition of The Kitchen. Mastercard has collaborated with Lost in the City to present The Kitchen, with the aim
The award recognises Finserve’s commitment to innovation and customer centricity Equity Group’s fintech subsidiary, Finserve Africa, has been named the best in E-commerce – Banking/Financial and Insurance Services Gold Category at the 3rd Edition of the Kenya E-Commerce Awards 2021 held in Nairobi. The award recognises Finserve’s continued commitment to innovation and customer-centricity in Kenya
CEO believes in the power of his people and the ability to embrace change as a key enabler for growth. Nestlé has been recognized as one of the Top Companies at this year’s Conscious Company Awards. The awards ceremony, which was held last night, is organized annually to celebrate companies whose leadership is committed to
Update on impact of civil unrest During the widespread civil unrest in KwaZulu-Natal (“KZN”) in July 2021, 52 Clicks stores and one The Body Shop store were looted and vandalised. The affected stores represented 6% of the group’s store base. By 31 August 2021, 34 of these stores had been reopened. A further 8 stores
In the month of National Recycling Day and World Clean-up Day, Woolworths is expanding its reusable bag collection trial and introducing more recycling vending machines in selected stores. After running a successful reusable shopping bag collection trial at Woolies’ Palmyra store since May, the retailer has now introduced collection points at Hout Bay and Constantia
New partnership accelerates the move towards contactless digital engagements for ecommerce Clickatell, a leader in mobile communications and chat commerce, and Visa’s global payment and fraud management platform, Cybersource, have announced a partnership to make it easier for businesses to deliver chat commerce and contact-free checkouts with Clickatell’s newly announced Chat 2 Pay solution. Chat
By Andrew Dawson, MD at MACmobile ‘Line of sight’ in the supply chain has taken on a new meaning in the age of Artificial Intelligence (AI) and Machine Learning (ML). Rather than simply tracking stock movements and using this data to attempt to influence the end consumer to buy a product, there is now massive
