Physical retail is as important as ever, which means that in-person payments continue to play a pivotal role in South Africa’s retail landscape. In light of this, continued investment has been directed toward in-person payment innovation, a trend that is expected to persist well into the foreseeable future.
Category: South Africa News
South Africa News
South African SMBs Confidently Chart Growth Amid Economic Uncertainties
South African SMBs are navigating economic uncertainties with confidence, focusing on growth opportunities and resilience. Explore how small and medium businesses are strategically positioning themselves for success in 2024.
Women Entrepreneurs in Focus as 2024 TWIBA Winners are Announced
The 2024 Tshwane Women in Business Awards (TWIBA) highlight the vital role of women entrepreneurs in driving economic growth and innovation in Tshwane. The awards celebrate women who are breaking barriers and empowering communities through leadership and entrepreneurship.
SOLA Group Reaches Major Milestone, Producing 1 Billion kWh of Clean Energy
SOLA Group achieves a major milestone by producing 1 billion kWh of clean energy ahead of schedule. This accomplishment marks a significant contribution to South Africa’s renewable energy transition, job creation, and local economic development.
10 Universal Mining Problems
OIM Consulting’s Group CEO, Arjen De Bruin, discusses the common workforce challenges in mining across Africa, Australia, and the Americas, and offers practical solutions for overcoming them.
Stellenbosch Business School’s Small Business Academy Empowers Entrepreneurs with Comprehensive Program
Stellenbosch Business School’s Small Business Academy (SBA) offers a transformative nine-month program to help small business owners grow. In 2024, Rucien Petersen of Spottmedia earned top honors for excellence in finance, marketing, and business planning.
Strategies to bridge the technical skills divide
Organisations around the world – including in South Africa – face significant recruitment challenges, chasing the best technical talent available from a limited resource pool.
NIQ Retail Barometer: South Africans Expend R214 Billion on FMCG and Durable Goods in Q3 2024
FMCG and Tech & Durable goods saw a 4.1% YoY increase in value in Q3 2024, driven primarily by FMCG growth, while Tech & Durable goods recovered after experiencing flat growth in previous quarters. FMCG spending totaled R183 billion, with Tech & Durable goods reaching R31 billion in value.
Pay-as-you-go everything – innovation, the African way
You cannot simply copy and paste a business model that has worked internationally and expect it to work in Africa. If you want to do business in Africa, you need to operate in a way that takes the nuances of the continent into account.
This is the opinion of Reach Africa’s Sales Director and specialist in the streaming space – Leslie Adams, where he postulates why incremental purchasing has been so successful across the continent, and how we’re seeing more examples of businesses that are rolling out this “pay as you go” model at scale, thanks to the advent of technology.
SAFPS Warns: Technology is Emerging as a Major Battleground in the Fight Against Fraud
International Fraud Awareness Week is a global annual event dedicated to raising awareness about the widespread issue of fraud and showcasing the efforts across various sectors to combat this growing challenge.