This article highlights the findings of South Africa’s first formal Black Friday Index, showcasing that Black Friday to Cyber Monday remains the most lucrative retail period of the year. The index, based on data from Ecentric Payment Solutions and World Wide Worx, reveals substantial transaction and revenue growth, with online and in-store retail seeing significant surges. Key insights emphasize the continued dominance of e-commerce, the resurgence of in-store shopping, and the necessity for omnichannel integration and data-driven strategies for future success in the retail sector.
Tag: South Africa
Finding the money to change South Africa’s trajectory
South Africa’s national budget for 2025 is under heavy scrutiny due to concerns about rising debt, government overspending, and the challenges of maintaining fiscal stability. The article explores the country’s fiscal outlook, with attention on the growing debt-to-GDP ratio, potential new taxes, and funding issues surrounding Transnet and Eskom. The proposed basic income grant (BIG) and the economic risks associated with the global political landscape also add to the fiscal pressure. The property sector faces challenges from government inefficiencies, infrastructure issues, and economic instability. The budget’s outcome will be critical for sustaining growth and investor confidence in South Africa.
EFTCorp delivers Africa’s first open-loop payment solution for Rubicon charging stations
EFTCorp’s innovative open-loop payment system enables users to charge their electric vehicles at Rubicon charging stations without the need for specific membership cards or apps. This advancement simplifies the charging process, promoting the adoption of electric vehicles in Africa.
Former US VP Al Gore and The Climate Reality Project Launch the REALITY® Tour with global in-person trainings in South Africa and beyond
Al Gore, alongside The Climate Reality Project, has kicked off the Reality Tour, a global initiative featuring in-person climate change training. With events starting in South Africa, the tour aims to inspire and equip participants with the knowledge to combat climate change and promote sustainable solutions.
Omnichannel retail in 2025: The boundaries between digital and physical shopping continue to crumble
As the retail landscape evolves in 2025, the boundaries between digital and physical shopping are increasingly merging, creating a truly omnichannel experience. Retailers in South Africa must adapt to trends such as data-driven strategies, the rise of retail media networks (RMNs), and the rapid growth of marketplaces like Takealot and international platforms like Amazon. With the advent of AI and social commerce, retailers have new opportunities to innovate and personalize the customer journey. As competition intensifies, delivering a seamless, personalized experience across all channels is crucial for success in this interconnected environment.
Hampton by Hilton Expands to Africa with the Opening of Hampton by Hilton Sandton Grayston
Hampton by Hilton’s expansion into Africa with the opening of Hampton by Hilton Sandton Grayston in Johannesburg highlights the brand’s commitment to providing high-quality, value-driven accommodations in key global destinations. Located in Johannesburg’s vibrant business and shopping district, the hotel offers travelers a reliable stay with cultural touches and convenient access to major attractions, including Sandton City Mall, Nelson Mandela Square, and the Gautrain. This opening marks a milestone in Hilton’s African growth strategy and reflects Hampton by Hilton’s focus on expanding across the continent.
Sanlam and Fedhealth enter partnership to offer affordable healthcare to South Africans
Sanlam and FedHealth have announced a new partnership to make healthcare more affordable and accessible to South Africans. This collaboration will bring innovative solutions to address healthcare challenges and ensure better coverage for the population.
Energy trends for 2025 – the light at the end of the tunnel grows brighter
South Africa’s time to shine: CEO of SolarAfrica David McDonald says our renewable energy sector is experiencing a glow-up – and there’s reason for businesses to get excited.
DID:UNCONF AFRICA 2025: South Africa to Host Groundbreaking Internet Identity Workshop
DID:UNCONF AFRICA 2025 is a pioneering event aimed at addressing the critical need for African-led digital identity solutions. Taking place in Stellenbosch, South Africa, from February 18 to 20, this unconference brings together innovators and professionals to collaborate on the future of digital identity. Attendees will explore topics like financial inclusion, self-sovereign identity, and blockchain-based solutions, while also creating a platform for real-time discussions and knowledge exchange.
Finance App Usage and Revenue Surge in Sub-Saharan Africa – AppsFlyer & Google Report
The new AppsFlyer & Google report highlights a significant surge in finance app usage and revenue across Sub-Saharan Africa. It explores how mobile financial services are transforming the region, fueled by digital adoption, mobile banking, and increasing access to fintech solutions. The report provides key insights into market growth, regional trends, and the potential of mobile financial applications to enhance financial inclusion.