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IFC

IFC and Absa Provide Trade Facility to Valency to Support Thousands of Farmers in Africa

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

Scan to Pay Takes Centre Stage in Spenda’s Fintech Suite

Despite the global move towards digital transacting, 1.4 billion people worldwide remain unbanked. It’s these individuals that payment service providers like Spenda are empowering through the use of innovative payment

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

Omnisient Recognised for Impact on Growing Financial Inclusion in Africa

Omnisient, the global leader in privacy-preserving data collaboration, was recognised at the Africa Bank Summit held in Nairobi this week for the impact it is having on growing financial inclusion

Pick N Pay Launches New Money Transfer Service, Now the Most Affordable in the Retail Market

Pick n Pay has set a new standard in affordability and accessibility with the launch of its store-to-store Domestic Money Transfer service. At R8.00 per transaction, it is the cheapest

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Forging a New Path Under the Agrimark Banner

In October 2024, Forge stores, operating in KwaZulu-Natal (KZN), are changing to Agrimark, a move which promises exciting opportunities for both customers and communities. This change is part of Agrimark’s

PepsiCo South Africa Partners With Standard Bank Partners on Key Initiatives With a Sustainability-Linked Working Capital Facility

Standard Bank is proud to announce that it has provided PepsiCo South Africa with a sustainability-linked working capital facility to support the company’s renewable energy commitments and support their broader

Redefining the Retail Strategy Through Store Reinvention – Accenture

By Lauren Samaai, senior manager within the Retail business at Accenture, Africa It was just four years ago during the pandemic – with consumers restricted to their homes and mall

Massmart Early Leak Detection Technology Saves Approximately 15 Million Litres of Water in 2023

As the world celebrates World Environment Day, Massmart has shared its ongoing commitment to saving water in its operations. This is motivated by the fact that South Africa is a

Sean Summers to Return as Pick N Pay CEO

Pick n Pay announced today that Pieter Boone is stepping down as Group CEO and will be replaced by Sean Summers. Sean returns to the Group following a previous, highly

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Prime Opportunity for Private Equity Funds to Rescue African Retail Companies

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
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“Tu-Sort Garage NA Shell Lubricants” Promotion Empowers Mechanics Countrywide

Tu-sort Garage na Shell Lubricants is a countrywide promotion that is empowering garage owners and mechanics by rewarding them with an upgrade of tools at their locations to elevate their
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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
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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
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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
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Wasoko & MaxAB Complete Landmark Merger

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
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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
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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
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Growth Opportunities to Look Out For, and Trends to Leverage in the Flourishing World of Ecommerce – Bob Group

Bob Group Managing Director Andy Higgins believes 2024 will be the year online retail in South Africa will start to accelerate and catch up with international uptake. Higgins, who took
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