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Less than 30% of Africa's e-commerce startups profitable

Less than 30% of African e-commerce startups are profitable, as ventures tackle issues such as lack of funding, shortage of trust and logistical difficulties...

By Gabriella Mulligan 8 Dec 2017

A mobile payments solution for Kenyan retailers

Mastercard launches Kionect for Nairobi's smallest shopkeepers - a mobile ordering and payments solution enables kiosk owners to access micro-loans...

6 Dec 2017

BBM Messenger's Adam Pattison on chat, dark social and the new mobile economy

On his visit to South Africa for the MMA (Mobile Marketing Association) Forum in Johannesburg on 2 November and Mobile Monday in Cape Town on 6 November, Adam Pattison, vice president, Americas & EMEA at BBM Messenger, shared insights into chat or dark social and how this is shaping the mobile economy...

By Jessica Tennant 20 Nov 2017

Mastercard-Spazapp collaboration brings cashless payments to informal retailers

Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure and convenient mobile payments to thousands of informal traders...

15 Nov 2017

RMB Ventures, Investec Asset Management acquire stakes in Botswana-based retailer

Kamoso, a Botswana-based retailer and consumer goods company, was acquired by a consortium that includes Investec Asset Management Private Equity, RMB Ventures...

24 Oct 2017

The world of payments is changing fast

The services offered by traditional banks are too restrictive for what smaller retailers require and many of them are looking for alternative solutions...

By Paul Kent 20 Oct 2017

African tourism trends in the age of developing smart cities

Using data to understand travellers' spending behaviours, their habits as well as their preferences, has the power to increase the number of customers and the spend...

By Elias Aad 19 Oct 2017

#BODCT: Redesigning the world one business at a time, to surprise and delight customers

Big brands shared the role of design in their business at Business of Design, with Adrian Morris, partner and MD at Design Partnership speaking of current the physical reboot trend responding to a changing landscape, while Brian Mtongana, head of design at Woolworths, honed in on the role of packaging in sales...

By Leigh Andrews 16 Oct 2017

$78bn in transaction revenue to be processed by smart store tech by 2022

Invisible payments and other connected technologies are expected to boost retail revenues as omnichannel strategies move in-store...

10 Oct 2017

Yoco releases free POS solution for small businesses

Payments service provider Yoco has launched an enhanced POS solution, which is South Africa's first 100% locally made, free point of sale app...

5 Oct 2017

Consumer spending leads economic recovery

The recent launch of the Mastercard SpendingPulse Report is a first for South Africa. The Report is an early indicator of consumer spending trends...

By Danette Breitenbach 21 Sep 2017

Pick n Pay trials bitcoin payments

Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store are able to use the cryptocurrency as a payment method...

19 Sep 2017

Research indicates payment markets to pass $5tn by 2020

Visa and MasterCard's distinct evolutionary strategies in digital payments will underpin the success of a market expected to increase from $3.8 trillion to $5 trillion...

30 Aug 2017

Contactless to account for over 50% of POS transactions globally by 2022

More than half (53%) of global transactions at POS (Point of Sale) will be contactless within five years, compared to just 15% this year...

22 Aug 2017

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International

Steinhoff shares dive on suspected fraud

Steinhoff International's share price continued to plummet in heavy trade on Wednesday as fears mounted of long drawnout investigations by regulatory authorities in Europe, the US and locally in SA.

7 Dec 2017

Amazon claims record-breaking Australia launch

SYDNEY - Amazon's Australia launch was the company's biggest-ever opening day for orders, the US giant said on Wednesday, but some shoppers were underwhelmed by the range of goods and prices on offer.

7 Dec 2017

Markus Jooste quits as Steinhoff CEO

Steinhoff International CEO Marcus Jooste resigned on Tuesday night, ahead of the furniture retailer's results scheduled for release on Wednesday.

By Robert Laing 6 Dec 2017

New research suggests organisations should embrace new messaging culture

Organisations that fail to adapt to the new messaging culture risk falling behind and losing customers, that's according to new international research from BT and Cisco.

6 Dec 2017

Retailers brace as Amazon launches in Australia

SYDNEY, Australia - US internet giant Amazon launched in Australia on Tuesday in time for Christmas, with retailers scrambling to cut costs and boost their online offerings as they brace for an expected shake-up of the sector.

6 Dec 2017

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