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SA's Airbuy launches e-commerce payment gateway

South African startup Airbuy has rolled out its alternative payment gateway that allows e-commerce sites to accept payments without their customers exposing their banking details...

By Tom Jackson 25 Jan 2018

NRD Capital acquires Mike's Kitchen restaurant chain

NRD Capital, a US-based private equity firm that specialises in franchise investments, has cemented its entry into the African market with its acquisition of Mike's Kitchen...

10 Jan 2018

PayU broadens online payments service in Nigeria with PayU Receive

PayU Nigeria Nigeria has launched PayU Receive, which enables businesses in the country to securely request and receive payments directly from customers...

13 Dec 2017

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

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International

Ryan Reynolds purchases stake in Aviation Gin, now available in SA

Actor, writer and producer Ryan Reynolds has acquired an ownership interest in American craft gin company Aviation Gin after tasting it for the first time. He announced the acquisition in an Instagram post this week that read "I own nothing in this photo. Except that gin company. @aviationgin".

15 hours ago

#DesignIndaba2018: The next generation of fashion is biology

New York-based Fashion Institute of Technology (FIT) graduate and biomaterials research company AlgiKnit co-founder and COO Aleksandra Gosiewski gave a thought-provoking presentation at Design Indaba on Wednesday on why they, at AlgiKnit, believe that biology is the future of fashion and their revolutionary work in their search for a sustainable product.

By Jessica Tennant 17 hours ago

Gucci models carry replicas of heads at Milan Fashion Week

MILAN, Italy - Gucci kicked off Milan Fashion Week in typical eccentric style on Wednesday as models carried replicas of their own heads on a runway transformed into a creepy operating room.

18 hours ago

Bidcorp reaps most of its profits from Australia and New Zealand

Bid Corporation (Bidcorp) earns most of its revenue in Europe, but most of its profit from Australia and New Zealand.

By Robert Laing 1 day ago

Walmart shares dive as e-commerce growth slows

NEW YORK, US - Investors pummeled Walmart shares on Tuesday after the retail behemoth reported disappointing fourth-quarter earnings in results that revealed growing pains in its e-commerce buildout.

2 days ago

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