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Vivo Energy Ghana Welcomes Jean-Michel Arlandis as Its New Managing Director

Vivo Energy Ghana, the marketer and distributor of Shell branded fuels and lubricants is excited to announce the appointment of Jean-Michel Arlandis as its new Managing Director following the end-of term for Kader Maiga. According to the Executive Vice President, West Region, Franck Konan-Yahaut, this change underscores Vivo Energy’s commitment to strengthen its international operations

Africa’s Retail Sector Set to Score Big as AI Adoption Accelerates – SAP Africa

by Blessed Hwaire, Industry Advisor: Consumer Products, Life Sciences & Retail at SAP Africa A wave of AI-powered innovation is set to sweep across Africa’s retail sector. With a unique landscape marked by diverse consumer needs, a burgeoning youth population, growing levels of technology adoption, and a rapidly changing economic environment, Africa’s retail sector is

Retail and Wholesale Sector Faces Growing Business Interruption Risks, Allianz Risk Barometer Reveals

Business interruption is the primary concern for the retail and wholesale sector in 2024, according to the Allianz Risk Barometer. It is followed by Natural catastrophes (31%), Cyber incidents (25%), Fire, explosion, and Macroeconomic developments (both with 20%). The report, based on insights from over 3,000 risk management professionals and business leaders, highlights the growing

InstaPay Launches in South Africa: An Innovative Merchant Payment Application

InstaPay, a cutting-edge new merchant application, has been launched to transform the payments landscape in South Africa. This innovative solution offers unique functionality and competitive rates that surpass traditional card providers, setting a new standard in the industry. InstaPay is the result of combined expertise and technology between Omnea and Amber Pay, two industry leaders

Jumia Transforms Customer Experience With Sprinklr’s AI-Powered Platform

Jumia, Africa’s leading e-commerce platform, announces a successful partnership with Sprinklr to elevate customer experience (CX) across its diverse user base. Jumia implemented Sprinklr’s unified customer experience management (Unified-CXM) platform to streamline support for millions of customers, sellers, and employees across 11 African countries. “Sprinklr’s solution is a perfect fit for our diverse customer base

Informal Sector Has a Crucial Role in the Global Economy, Accounting for One Third of Local Jobs – SAITEX 2024

The informal sector has a crucial role in the global economy, and it needs to be connected to government and businesses properly so that opportunities to collaborate, learn and grow are created. This was the key message discussed during the e-Kasi talks theme on the first day of SAITEX 2024. Driven by micro enterprises across

Makro Cornubia Debuts KZN’s First Top Rated by Kids Judging Event

Debuting as the province’s first encounter with Makro and Game’s annual Top Rated by Kids event – parents and caregivers gathered as 250 children between the ages 6 and 12 took turns to judge this year’s newest toys. This is an important event for the retailers, as it serves as their guide to the ultimate

Payment24 Offers Innovative Fuel Voucher Solutions to Modernise Fleet Management and Loyalty Programmes

Payment24, a leading provider of advanced payment, loyalty, and fuel management solutions, is proud to announce the availability of its fuel voucher offering. This innovative product is set to transform how Payment24 partners incentivise customers, loyalty subscribers, internal teams, and even drivers. With seamless integration across a vast network of over 1,000 service stations, these

Knowing if Your Data Held by Your Favourite Online Marketplace Is Safe and Secure – Bob Shop

South Africa’s Information Regulator recently revealed that it receives more than 150 monthly data breach notifications – a considerable increase from last year’s average of 56. Hackers are doing the country’s already battling economy no favours: the 2023 Cost of a Data Breach Report, produced by the Poneman Institute and published by IBM Security, states

AI-Driven Product Testing Powers up Innovation in SA – IPSOS

Artificial Intelligence hasn’t just transformed our world but is also profoundly affecting market research by revolutionising how companies understand and predict consumer behaviour. This was the view of Ipsos Global Head of Product Testing Dr Nikolai Reynolds during a recent visit to South African clients and agencies, where he shared groundbreaking insights on using AI

Finding the Right Franchise Fit for You – Nedbank

The South African franchise sector is by far the largest in Africa – and it continues to flourish. So much so that the Franchising Association of Southern Africa’s (FASA’s) 2023 South African Franchise Market Survey reveals that its contribution to gross domestic product (GDP) has grown from 10% to 15% over the past 10 years.

How Pioneering Homegrown Platforms Are Still the Go-to Option for a Broad Cross-Section of South African Society – Amazon

With Amazon’s South African operations now up and running, the question on everybody’s lips is what the impact will be on homegrown online shopping platforms. The ecommerce giant has market capitalisation of more than a trillion US dollars, and there are fears it will crush local competitors. What some may not realise, however, is that

Celebrating Youth Month: Engen’s Maphuthego Etu Maditsi Says “Knowledge Is Power”

Polokwane’s Maphuthego Etu Maditsi believes education is the most powerful weapon you can use to change the world, which is why she will never stop learning and challenging herself. “I believe that sharing my success story can inspire other young women to prioritise education,” says the graduate trainee based at Engen’s head office in Cape

Ukheshe Rebrands to EFT Corporation to Lead Fintech Innovation and Banking Beyond Tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one unified brand, positioning it as a leading catalyst for financial inclusion in Africa. The rebranding of Ukheshe to EFT

Engen’s Partnership With RBS Boosts Local Enterprise Development

Engen recently handed over the keys to a new truck to Resegofetse Business Solutions (RBS) that will enhance the 100% Black women-owned enterprise’s service capability along the Bafokeng mining belt.RBS, who are based in Phokeng in the North West province, supply consumables, cleaning services, and lubricants to mines in the area. Handover of the 4-tonne

How the Retail Property Sector and Local Government Can Collaborate to Prevent Urban Decay and Enhance Infrastructure – Fortress Retail

Fortress Retail recently hosted the Collective Impact event, bringing together key stakeholders to discuss collaborative strategies to combat urban decay, improve infrastructure and integrate new technologies for the benefit of communities surrounding shopping centres. The event, moderated by renowned journalist Jeremy Maggs, featured insights from prominent industry experts including Julius Kleynhans (OUTA), Alan Dinnie (Profica),

Pick N Pay Looks Ahead to Restore Profitability in Its Supermarket Business

Following a disappointing full year performance for FY24, Pick n Pay CEO Sean Summers unveiled the new board-approved six-point strategy to restore the Group’s core Pick n Pay supermarket business to profitability. The Group delivered a weak FY24 result to 25 February 2024, driven by a substantial trading loss in the Pick n Pay business,

Africa’s Love of Digital Marketplaces and Their Rise on the Continent – Everything.Insure

Africa’s high mobile penetration rates as well as its young population have contributed to the continent’s positive response to digital marketplaces and on-demand services. Several notable marketplaces that have grown exponentially on the continent include Nigeria’s Jumia, South Africa’s Takealot and the international e-hailing service Uber. This year, the continent sees the arrival of new

A Fintech First – IKhokha Opens Retail Stores to Enhance Engagement With Merchants

Fintech company, iKhokha, one of the market leaders in the South African SME payments space, are this week opening their eighth retail store, where their point-of-sale devices are sold and where merchants can access support, networking opportunities and other business enhancement tools. Since launching in 2012, iKhokha has developed a deep understanding about the complexities

Digital Transformation Drives Resilience in Africa’s Manufacturing Sector – SYSPRO

By Mark Wilson, CEO, SYSPRO EMEA & APAC There’s no avoiding the reality that we’re in a tough economic cycle laden with global and local uncertainty. Since 2020, the manufacturing sector has undergone a period of unprecedented change. Multiple overlapping – and largely unpredicted – macro-level shocks have combined to create a radically changed world.

South African Business Leaders Believe That Ecommerce Is Growing Faster Than They Can Adapt, Accenture Study Finds

A new report from Accenture reveals that 95% of South African leaders (vs 83% globally) think that eCommerce is growing faster than they can adapt, and are finding it costly to be where customers are. This shared feeling of falling behind affirms how difficult it is to keep up with the pace of change. Additionally,

Ikhokha Opens First Fintech Retail Store in Pietermaritzburg

Fintech company, iKhokha has this week opened their first Pietermaritzburg retail store, where their point-of-sale devices can be purchased and where merchants can access support, networking opportunities and other business enhancement tools. Since launching in 2012, iKhokha has become one of the market leaders in the South African SME payments space, and have developed a

POS Versus POS: Selecting the Right Solution Is Far More Complex Than Chasing the Cheapest – redPanda Software

By Peter Ludi, Business Development Executive at redPanda Software A point of sale, commonly referred to as POS, is a vital cornerstone of any retail business, regardless of whether it sells products or services. However, a misunderstanding of the definition of POS sees many small and medium-sized retailers fall into the trap of buying a

Always Moving: Engen Launches New B2B Brand Positioning

Engen, a leading energy and solutions partner committed to enriching lives for a sustainable future, has launched its new business-to-business (B2B) brand positioning to solidify the company as the premier energy solutions provider to its commercial fuels and lubricants customers. ‘Always Moving’ embodies Engen’s dedication to helping keep industries in perpetual motion by supplying them

IKhokha Launches Affordable New Smart Card Machine for SMEs

One of the market leaders in the fintech space in South Africa, iKhokha, has announced the launch of a new smart card machine that fits into your pocket, called the iK Flyer Lite. This new offering follows the success of the flagship iK Flyer card machine, launched in 2022, which far surpassed initial sales expectations.

South Africa’s Last-Mile Delivery Game Needs to Be on Point – Bob Group

Africa’s last-mile delivery market is expected to be worth $2.3 billion (R43 Billion) by 2030. If one considers that the continent will be home to some two billion people by 2050, it becomes clear that this sector will grow exponentially and offer many new business opportunities. Meanwhile, South Africa’s total ecommerce market is on track

What Retailers Should Be Taking Note of in the Wake of Shoprite’s Knockout Sales Performance

Shoprite recently announced its remarkable half year sales results proving that its retail strategy is hitting all the right marks. Faheem Hoosen, Partner at BDO South Africa., unpacks these results and shares some insight into the learnings that other retailers can take from this success. Shoprite, a leading South African grocer which owns brands such

Four Business Trends to Navigate the Economic Future – Yoco

Physical retail businesses remain crucial in the South African landscape, catering to the preferences of many customers. However, as eCommerce continues to surge, these businesses will experience challenges competing with industry giants like Amazon. The trends outlined below are essential considerations for a thriving retail business in an increasingly online world. While they’re not a

Yoco and Shopstar Join Forces to Empower Small Businesses With Cutting-Edge Ecommerce Solutions

Yoco, Africa’s leading fintech company empowering small businesses, announces a strategic partnership with Shopstar, a prominent ecommerce platform, to revolutionise the digital retail landscape for small businesses across the country and deliver omnichannel solutions that puts control and visibility into the hands of business owners. The collaboration between Yoco and Shopstar marks a significant milestone

Navigating FICA Compliance for the South African Retail Industry

The South African retail industry operates in a complex and challenging environment. Economic uncertainty, rising costs, and unpredictable consumer demands have created conditions in which retailers must constantly adapt to survive. Loadshedding further disrupts operations and sales, while compliance with regulations like FICA and KYC (Know Your Customer) increases the administrative burdens for retail businesses.

Africa’s Thriving Consumer Market to Shine at 30th Edition of SAITEX

Africa has one of the world’s fastest growing consumer markets, projected to boast 1.7 billion consumers by 2030. The number of ‘ultra-high net worth’ individuals in Africa with assets exceeding $30 million is expected to grow by almost 50% this year, making way for ample retail opportunities. Consumer and business spending in Africa should reach

Massmart’s Five Top Tips to Grow Your SME Business Online

The growth of eCommerce Marketplaces in recent years has given Small and Medium Enterprise (SME) entrepreneurs greater, more cost-effective market access. By making their products available for sale on major retailers’ platforms, these SME entrepreneurs are better able to market their products to consumers who are highly motivated to take advantage of the greater variety

Accelerating Retail Transformation by Enhancing Operations and Empowering Employees – SPAR Group

In today’s digital world, retailers are looking for more innovative ways of optimising operations, increasing employee efficiency, and enhancing customer experiences. The rapid growth of artificial intelligence (AI) provides them with an invaluable tool to do so especially when it comes to data analysis to augment existing employee skills. Retail modernisation by enhancing productivity in

Can Fast Capital Turn Sa’s SME Challenges Into Opportunities? – Zapper

In the vibrant tapestry of South African entrepreneurship, small businesses stand as beacons of innovation and resilience. As we have ushered in a new year, these enterprises look forward to a landscape that will continue to be marked by both challenges and opportunities, powered by the enduring spirit of South African tenacity and the support

How to Take Advantage of Retail Trends in 2024 – redPanda Software

By Peter Ludi, Business Development Executive at redPanda Software Perhaps the single most effective thing retailers can do in 2024 and beyond is to acknowledge that aspirations and consultative conversations have overtaken reality. If a retailer wishes to take advantage of the latest and greatest trends for this year and next, it would do well

Keeping up With Order Fulfilment in an Always-on and Always-Growing Ecommerce World – Payments and Commerce Market Intelligence (PCMI)

With online sales in Africa on course to top the trillion-rand mark by 2026, the race is on for ecommerce businesses to claim their piece of the pie. Research by Payments and Commerce Market Intelligence (PCMI) indicates that in the next two years the digital commerce market is expected to reach US$72-billion across South Africa,

How Technology Is Revolutionising Payment Reconciliation for Retailers – Ecentric

By Graham Bradford, Senior Product Manager at Ecentric As retailers grow into mid-market size and beyond, the complexity and cost of manually reconciling payments increases almost exponentially because there are hundreds of thousands, if not more, transactions a day. Most retailers in this segment reconcile their payments with spreadsheets and many can’t expect a view

Embracing the Future of Customer Loyalty – LoyaltyPlus

By Mariette Fouche, Head of Product Development and Solution Design at LoyaltyPlus Few people would dispute the importance of customer loyalty for business success. Companies have realised the need to create tailored solutions that meet the unique requirements of individual clients. This can at least partly be attributed to more efficient data analysis resulting from

Frontline Retail Workers Can Make or Break the Customer Experience, and in Turn the Business – BDO South Africa

As businesses across the globe work towards making culture and employee wellbeing an integral part of their organisations, the retail industry should consider this when it comes to their retail employees says Serena Ho, head of consumer market at BDO South Africa Inc. Here they discuss the important role of retail employees in powering the

Pick N Pay Appoints New Head of Retail, Restructures Exec Team

Group CEO Sean Summers has appointed his senior leadership team as a key step in the drive to return Pick n Pay supermarkets to growth whilst ensuring the Online, Boxer and Clothing growth drivers continue to deliver. Pick n Pay will undergo an immediate structural adjustment to allow it to focus with clarity on customers,

Infobip Unveils AI Hub for Ai-Driven Conversational Customer Experiences

Global cloud communications platform Infobip has launched AI Hub, a comprehensive artificial intelligence (AI) overhaul of its platform to help businesses to create seamless end-to-end conversational experiences across the whole customer journey. Integrating advanced analytics, AI, and generative AI features with Infobip’s core Software-as-a-Service (SaaS) portfolio, AI Hub supports digital transformation. It enables businesses and

Putting You in Control: The Power of Consent – Comcorp

In today’s ever-evolving digital landscape, the concept of consumer consent has taken centre stage for companies. Gone are the days when consent was assumed; today, the control is firmly in the hands of the consumer. For those companies who handle consumer data, consent has to be a priority. While consumers want the services they can

Clickatell Launches AI Powered Chat Commerce

​​​Clickatell​, ​​a pioneer in mobile messaging and Chat Commerce innovation, today announced the launch of Clickatell AI, an innovative addition to its Chat Commerce Platform. This conversational AI solution uses artificial intelligence and messaging to create personalized conversations, improving customer engagement and building stronger relationships. Clickatell AI utilizes natural language processing (NLP) to grasp the

Tarsus on Demand Launches Digital on Demand Division, Aimed At Accelerating Digitalisation for SMB Businesses

In a strategic move to bolster the digital transformation of small-to-medium-sized businesses (SMBs) across South Africa and Africa, Tarsus On Demand is proud to announce the launch of Digital On Demand, and it’s Digital Business Hub Marketplace. This comprehensive digital business hub is designed to empower SMBs on their digitalisation journey, addressing the unique challenges

Belva Digital Partners With Infobip to Expand Its Product Portfolio Across Africa

Belva Digital, a marketing technology company based in Kenya has expanded and enhanced its product portfolio through its participation in the Infobip Partner Connect Programme, which has enabled it to widen its customer network. Client background Belva Digital is a marketing technology company based in Nairobi, Kenya. It was founded over a decade ago and

Fresh Retail for Polokwane as The Greenery Opens Its Doors on 26 October

The Greenery, the much-anticipated convenience shopping centre in Polokwane, Limpopo, celebrated its grand opening today, 26 October, offering an eagerly awaited stylish one-stop shopping experience to the community. Co-owned and developed by the Moolman Group and Networth Group, the 11,000sqm centre will bring a fresh, upmarket and vibrant neighbourhood shopping experience right to the doorsteps

A New Market, New Partnerships – Trade Intelligence

Trade Intelligence, a respected market intelligence and research firm in the consumer goods sector, has announced its official foray into the Kenyan market with a Retail Trends presentation by Business Development Lead, Andrea Ellens. The presentation, held at the recent Retail Trade Association of Kenya (RETRAK) forum, provided an in-depth analysis of Kenya’s evolving retail

The Power of the Scaffolding Software Development Approach in Retail – redPanda Software

Niel Coetzee, Head of Engineering at redPanda Software In recent years, many South African retailers have come to rely on no-code and low-code solutions which ostensibly simplifies the software development process. While the appeal is undeniable, these methods often trap businesses in a web of unoptimised code, vendor lock-in, and restricted adaptability. Traditional low-code and

Pick N Pay’s Army of Franchisees Sees the Future of Retail

A little-known fact about Pick n Pay relates to the size of its franchise network, and over the next few years the group will further strengthen the division. Nearly half of Pick n Pay stores in South Africa (excluding Boxer) are owned and run by franchisees. This large footprint emphasises the important role these stores

The Power of Regular ERP System Updates for Manufacturers – SYSPRO Africa

By Marius Wessels, Manager: Professional Services for SYSPRO Africa In the fast-paced world of manufacturing, staying ahead of the competition requires constant adaptation and optimisation. Tempting as it is to stick to the ‘if it ain’t broke don’t fix it’ credo, one crucial aspect of maintaining a competitive edge lies in regularly updating Enterprise Resource

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