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Local couriers face unprecedented challenges as Amazon, Shein and Temu disrupt SA’s e-commerce market

11Jun

By Africa BusinessNo Comments

South Africa News

Local couriers face unprecedented challenges as Amazon, Shein and Temu disrupt SA’s e-commerce market

Competition amongst local couriers has increased dramatically with the emergence of e-commerce giants, like Amazon, Temu and Shein into the South African market impacting both the micro and macro environments and leading to a greater demand and delivery volume. South Africa’s e-commerce market is expected to reach US$16.3 billion by 2030, with an annual growth rate of 15%, according to a RationalStat report.[1] Another factor contributing to this exponential growth of online shopping is the surge in Gen Z’s shopping habits: with a whopping 98%[2] of tech-savvy Gen Z owning smartphones, 32% of them shop online at least once daily (compared to 25% of millennials, 15% of Gen X and 7% of baby boomers)[3]. Gen Z, the digitally native generation born between the mid-1990s and early 2010s, are ...

25Jan

By Africa BusinessNo Comments

Business, South Africa News

Digital innovation will be key for SA businesses seeking to compete in post-Amazon online retail space

BY SPECNO JACQUES JORDAAN, CO-FOUNDER & CEO With a USD 1.60 trillion market cap, the imminent intensification of Amazon’s operations in South Africa will come to shape the practices and standards that characterise and grow the domestic e-commerce landscape. For consumers and smaller sellers alike, Bezos’ venture into South Africa’s online retail space is a boon, capable of promising lower prices, ease of use, and wider integration with its other services and existing digital infrastructure. The entity’s decision to join the South African market should not, however, be regarded as an inevitable death knell for its many competitors. Instead, it should be used as an effective pace car by local players in the e-commerce space. Underdeveloped physical and logistical infrastructure, ...

13Nov

By Africa BusinessNo Comments

African News, South Africa News

Petrochemical giant innovates the ‘Shell Alexia S4’

By Thandisizwe Mgudlwa It has be called a Shell's Special Marine Oil. The announcement that the global group of energy and petrochemicals companies Shell, has launched the Shell Alexia S4, an innovative marine engine oil, has been welcomed by experts as an important step in the development of the industry. And unlike conventional cylinder oils, it can be used across a wide range of vessel and engine types, fuel specifications, loads and climates - from the Antarctic to the Amazon to the Suez Canal, the company claims. The organisation states: "This means vessels no longer need to carry multiple oils. Shell Alexia S4 also works effectively at any vessel speed, including slow and ultra slow - especially important to modern ships that have to vary speeds to reduce fuel consumption and mee...

18Oct

By Africa BusinessNo Comments

South Africa News

Amazon is doing it right

By Thandisizwe Mgudlwa Amazon the American multinational electronic commerce company is developing and is also creating opportunities for many others. And here at home, Amazon South Africa is growing fast, bringing some exciting career opportunities for both developers and skilled tech support staff. The Amazon offices in Cape Town are host to a development team that is focused on software development and technical support for Amazon, including Amazon Elastic Compute Cloud (Amazon EC2), and a support team for AWS users across the globe. The innovative, low-cost and scalable AWS infrastructure is matched by equally innovative support. AWS customers have access to a unique, automated support tool called AWS Trusted Advisor that diagnoses problems and suggests solutions in the ar...