The African Union (AU), has adopted a new agricultural development strategy that will see the continent increase its agrifood output by 45 per cent by 2035 and transform its agri-food systems as part of its new plan to become food secure in a decade. This is after the African Union Extraordinary Summit on the Post-Malabo
Sevi, a fintech company regulated by the Central Bank of Kenya, is revolutionizing stock financing for wholesalers and retailers through its “stock now, pay later” platform. Sevi addresses the challenge of insufficient working capital by providing users with access to credit while ensuring suppliers are paid upfront. With Sevi, suppliers like Coca-Cola, Anytime and Philmed
Coca-Cola Beverages Africa (CCBA) (www.CCBAGroup.com) has been certified as a Top Employer in Africa for 2025, based on the results of the Top Employers Institute’s HR Best Practices Survey. CCBA was certified as a Top Employer in Africa, and its operations in Ethiopia, South Africa, Tanzania and Uganda achieved this accolade at country level. “We
Neosun Energy, a global leader in solar energy solutions, has officially entered the Kenyan market. This expansion aims to provide cost-effective and sustainable energy solutions for commercial and industrial (C&I) projects, with system capacities ranging from 200kW to 10MW, tailored to help local businesses with affordable solar solutions. The company brings its expertise in constructing
Engen is excited to announce a partnership with pudo, South Africa’s innovative smart locker and courier solution provider; a collaboration that aligns with Engen’s commitment to delivering smarter solutions, differentiated products, and unparalleled convenience for its valued customers. Pudo, short for pick up drop off, is transforming the courier industry with its growing network of smart
Fine Hygienic Holding (FHH), one of the world’s leading wellness groups and manufacturers of hygienic paper products, has announced the appointment of Hesham Abouzeina as its new General Manager for Egypt. With over 30 years of experience in the FMCG, electronics, and beverages sectors, Abouzeina brings a wealth of expertise and leadership to the role.
Enabling retailers to energize their operations and in-store engagement, Oracle today unveiled the latest version of Xstore Point of Service. The cloud application has been redesigned on a new architecture and features an intuitive user interface and workflows that fuel efficiency and support connected retail journeys for retailers of all sizes. With it, associates can
Vodacom and Orange have joined hands to form, a first of its kind, rural towerco partnership in Africa. Through this partnership, the companies will collaborate to build, own, and operate solar-powered mobile base stations in underserved areas of the Democratic Republic of Congo (DRC). The initiative will extend network coverage and enable access to telecommunications
Massmart and Walmart have announced the first Africa-focused supplier Growth Summit which will be held in Johannesburg on 2 April 2025. The summit is modelled on similar highly successful events that Walmart has hosted, most recently in their Chile market. The objective of the event is to expand and strengthen Massmart’s Africa-based supplier network to
Apaya, a commerce automation platform, entered into a strategic partnership with MENA’s online payment gateway Telr to accelerate digital commerce growth in the region. The collaboration will allow merchants to instantly access Telr’s payment services through Apaya’s no-code platform, according to a press release. They will also leverage Telr’s anti-fraud engine alongside Apaya’s intelligent routing
African countries were urged by President William Ruto to implement common strategies for building resilient agricultural food systems. The President urged African governments to increase their investments in regional agricultural infrastructure, foster research and innovation and accelerate the dissemination of technological solutions. He also called on international partners to align their support with Africa’s transformation
Lesaka Technologies highlights that merchants in South Africa’s cash-driven township and rural economy remain underserved by mainstream financial services. This gap creates a significant opportunity for fintech companies to develop solutions addressing these merchants’ specific pain points, enabling them to serve their customers more efficiently and effectively. Lincoln Mali, CEO of Lesaka Technologies, emphasised this
ZURU is reshaping the South African toy retail landscape with its innovative in-store branding across major outlets such as Checkers, Toys R Us, and Toy Kingdom. This strategic move highlights ZURU’s commitment to creating visually impactful spaces within retail environments, driving shopper engagement, and enhancing the customer experience. “We are thrilled to be the first
NIQ reports that South African consumers have spent R214 billion on Fast-Moving Consumer Goods (FMCG) and Technology & Durable products in the third quarter of 2024, reflecting a year-over-year growth of 4.1%. This insight comes from the NIQ Retail Spend Barometer, sourced from GfK – an NIQ company – which tracks the turnover in sales
Jumia, the leading Africa e-commerce platform, has chosen the state-of-the-art Agility Logistics Park (ALP) in Tema, Ghana, to be its new nationwide fulfilment operations centre for Ghana. Jumia will occupy 6,000 SQM of warehousing at the park, using the facility for storage, fulfilment and office space under a 10-year lease agreement with ALP. The facility
Tendo Technologies Limited, a pioneering online retail platform empowering African entrepreneurs, officially announces its strategic acquisition of Shopa, a leading provider of comprehensive commerce solutions for informal retailers across Ghana. This landmark deal, structured as a combination of cash and stock, is set to redefine the supply chain landscape in Africa. Shopa’s large network of
Coca-Cola Beverages Africa (CCBA) has invested $50 million in a new bottling line in Namibia, which can produce 27,000 bottles per hour. This upgrade will increase the plant’s output capacity by 30% and stimulate growth throughout the company’s value chain. The investment also includes the installation of a water treatment plant with state-of-the-art water recovery
Jumia and D-MARKET Electronic Services & Trading (“Hepsiburada”) have announced a commercial partnership. Under the partnership, Hepsiburada will list its private label products, a portion of its retail assortment, and a selection of other curated Turkish brands on Jumia. Headquartered in Istanbul, Hepsiburada is a leading e-commerce technology platform in Türkiye. Through this partnership, the
Pargo, a South African eCommerce logistics startup, has announced its expansion into Egypt following a successful $4 million funding round. The funding round was led by 3Capital Ventures formerly part of Allan Gray), Endeavor, SAAD Investment Holdings, and UW Ventures. The startup has launched its collect and return services at over 500 Pargo Points in
Jumia, the Africa-focused e-commerce retailer, will close its South African online fashion platform Zando and its Tunisian operations by year-end to concentrate on other markets, the CEO told Reuters. Jumia is aggressively cutting costs to try to turn profitable, including by reducing head count, exiting everyday grocery items and food delivery and cutting delivery services
IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate and Investment Banking division (Absa), will provide a commodity trade finance facility to Singapore-based Valency International Pte Ltd, a key player in Africa’s agricultural commodities market, to support the company’s pre-export of agricultural commodities
South African farmers need to adopt new approaches and technologies to combat the country’s food security pressures Up to 20 million South Africans experience severe food insecurity, with the volume of food and beverages sold per capita across the country declining by more than 3% in 2023. South African agribusiness is at a crossroads. After
Pick n Pay’s turnaround strategy is gaining momentum, showing strong progress across key initiatives, including solid performance from Boxer and improved results in Pick n Pay supermarkets. The Group’s interim results, published today, highlight significant sales growth in Pick n Pay Clothing and Pick n Pay Online. As anticipated, the first six months of FY25
Retail and relationship-building have always been the key drivers behind Gerhard Nortjé’s evolution towards becoming an IT business leader. Today, Nortjé is more than three years into his highly successful tenure as MD at redPanda Software, the leading retail software partner in South Africa. Nortjé’s journey to tech was facilitated by retail, a shared passion
Unitrans has witnessed firsthand how technology has drastically transformed our lives and work. In logistics, this transformation enables deeper insights, enhanced decision-making, and greater operational efficiency. It is no longer a mere trend but an essential tool for companies seeking to boost productivity and remain competitive in challenging economic climates. At Unitrans, successful innovation means
Kinola Pather, CEO of Randgo Royalty rewards programmes are becoming essential, with 76% of South Africans participating in them, prompting brands to leverage this opportunity for customer engagement and business growth. As technology evolves, these programmes have grown in sophistication, with the most successful offering real-time rewards and personalised experiences. Given the vast amount of
Float, Africa’s first card-linked instalment platform has unveiled the latest shopping trends among credit card holders using its payment method. With an impressive average order value of close to R10,000, order values through the platform significantly exceeds those of the regular buy now pay later model, which typically ranges between R1,000 and R1,400. The latest
Trade Intelligence’s bi-annual Corporate Retail Comparative Report (CRCR) offers a detailed analysis of the comparative performance of South Africa’s six major grocery retail companies – Shoprite Holdings, The SPAR Group, Pick n Pay Stores, Woolworths Holdings, Clicks Group, and Dis-Chem Pharmacies. This second edition for 2024 covers the reporting period of the first half of
World Food Day on 16 October marks the 79th anniversary of the founding of the United Nations Food and Agriculture Organization, and this year’s theme – Right to foods for a better life and a better future – will be the focus of events in more than 150 countries. In South Africa, the theme is
ZURU, the world’s fastest growing toy manufacturer, globally recognized for its ground-breaking designs, is ready to heat up the summer season with its exciting range of outdoor toys. Retailers are urged to prepare for high consumer demand, especially in the lead-up to the festive season, as ZURU’s latest innovations offer fresh and exciting ways for
NakedCherry is excited to announce the opening of its newest franchise store in the vibrant V&A Waterfront, located at The Pavilion, Corner Portswood and Dock Rd, Victoria & Alfred Waterfront, Cape Town, 8001. This expansion marks a significant milestone in NakedCherry’s mission to deliver high-quality beauty and skincare products across South Africa and beyond. Known
Rainbow of Hope, an NPO based in Goodwood in Cape Town, is once again able to host its annual ‘Knight for a Princess’ event thanks to a donation from Engen. Engen employee, Pranisha Mehilal utilised Engen’s Employee Community Partnership Programme (ECPP) to raise essential funds for Rainbow of Hope for the fifth consecutive year. Rainbow
inDrive, the global mobility and urban services platform, announces its expansion across Zimbabwe, now offering ride-hailing services in four major cities: Harare, Bulawayo, Gweru, and Mutare. inDrive has officially launched its courier services in Harare, further enhancing convenience for users. Additionally, its already established intercity services continue to provide seamless connectivity across key cities, supporting
Trade Intelligence (Ti) marked its 20th anniversary by hosting the annual Ti Retail Conference on the 12th of September. With an impressive lineup of speakers and panellists, the conference once again demonstrated Ti’s role in bringing the industry together, offering practical insights and creating a space for collaboration and knowledge exchange. Four key themes emerged
By Eleni Fourie, Corporate Sales Executive at Workforce Staffing The Fast-Moving Consumer Goods (FMCG) space sees the movement of everyday essentials with short shelf lives, which as a result requires a well-functioning supply chain from procurement to retail. As this fast-paced sector prepares for peak shopping periods such as Black Friday and the holiday season,
redPanda Software and Loyal Guru partner to bring global best practice to South Africa Modern retail strategies focus on customer attraction and retention, which are crucial as consumer behaviour shifts. Increased options and ongoing financial distress among South African consumers highlight the need for retailers to adapt to what customers want and need, according to
A customer-obsessed mindset is no longer the preserve of B2C companies The concept of customer experience (CX) has shifted from customer-centricity to customer obsession, making it much more comprehensive and immersive than ever before. Where customer-centricity sets its sights on understanding and meeting customer needs, customer obsession goes a step beyond by integrating every aspect
Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched the multi-faceted Kazang Rewards platform. The platform enables Kazang merchants to earn rewards for completing tasks for partners such as FMCG brands, wholesalers and companies providing prepaid services like airtime and data. These tasks include completing surveys, and
The world-renowned **International Customer Experience Awards UK (ICXA™) is thrilled to announce the launch of the South Africa Customer Experience Awards (SACXA™), a groundbreaking initiative set to recognise and celebrate outstanding achievements in customer experience (CX) across various industries in South Africa. This prestigious inaugural event marks the homegrown edition of the well-known International Customer
By Junaid Kleinschmidt, digital marketing strategy and intelligence lead for Accenture, Africa The South African retail landscape is contending with a range of challenges, such as high unemployment, severe inflation, shrinkflation, and the lingering effects of Covid-19. These pressures have transformed consumer expectations and added layers of complexity to their shopping decisions. Retailers must now
South Africa’s e-commerce landscape has arrived at an important juncture. The explosive growth observed during the pandemic years has slowed down somewhat and consumer spending power has faltered amid low economic growth and a global cost of living crisis. At the same time, competition is heating up. Asian retailers such as Shein and Temu are
It was much heralded, and now that is has arrived, it is fair to say that it more than lives up to the advertising. The Kigali Convention Centre (KCC) will host this year’s Africa Food Systems Forum (AFS), for four days, ending on the 6th. A look around the stalls at the Convention centre, leaves
Olam Agri, a global leader in food and agriculture, is set to transform the pasta market in Ghana with the construction of a new state-of-the-art pasta production facility and the expansion of its wheat flour production capacity. The facility is planned in two phases, and when completed will have the volume capacity potential to meet
LG Electronics South Africa recently took a giant leap into the future of shopping with their online store which will forever change how South Africans buy their favourite tech. This is not just another e-commerce site—it is a bold move, changing the digital landscape and marking a new chapter in LG’s South African journey, says
South African retail has experienced profound transformation over the past few years, with digital platforms and ecommerce reshaping consumer expectations. However, we are just in the earliest phases of digital transformation and SME retailers will need to be agile to keep up with emerging customer demands and new competitors. Steven Heilbron, CEO of Capital Connect,
In a landscape where economic pressures weigh heavily on household budgets, South African consumers are setting a global precedent in their approach to value, particularly when it comes to their beverage choices. According to the latest findings from CGA by NIQ, a remarkable 51% of South African consumers now prioritise value over price in their
New research underscores the enduring strength and intricate dynamics of South Africa’s independent grocery trade, from big wholesalers to spazas, thriving amid two decades of retail shifts. When retail research business Trade Intelligence was founded in 2004, the formal grocery retail space was dominated by the ‘Big Six’ – Pick n Pay, Shoprite, SPAR, Woolworths,
By Tobie Jordaan and Jutami Augustyn, Partners, and Paras Shah, Kenya Managing Partner, BowmansThe retail sector in South Africa has experienced significant distress in the last year, with several high-profile retail businesses entering business rescue proceedings. Retail giants like AutoZone, West Pack and Cross Trainer, for example, have all recently entered business rescue, highlighting the
Africa’s Largest Tech Merger Fuels Groundbreaking Expansion From E-Commerce to B2B Digital Services Platform African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the signing of preliminary terms in Q4 2023. Conducted as an all-stock transaction, the deal establishes a truly Pan-African platform for communities to access essential digital
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