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#BizTrends2018: Tight budgets, customer demand and African pride driving retail competitiveness

Budgets are tight, with rising electricity and petrol prices driving many households to tighten their purse strings. In response, the retail industry is becoming increasingly competitive...

By Lindy Lee 11 Jan 2018

#BizTrends2018: Mobile means more e-commerce opportunity than ever before

The proliferation of mobile phone networks in Asia-Pacific and Africa has transformed how people connect, communicate and shop...

By Mark Mahoney 8 Jan 2018

Commissions.ng allows Nigerians to launch e-commerce stores

Nigerian startup Commissions.ng is enabling users to start businesses selling products and services in return for commission...

By Tom Jackson 5 Jan 2018

Zimbabwe's Munch sees growth in food delivery space

Zimbabwean food delivery startup Munch has seen thousands of downloads of its app as it looks to simplify the process of ordering food from restaurants in Harare...

By Tom Jackson 27 Dec 2017

Transformation in Africa's digital retail landscape

Undeniably, digital transformation continues to dramatically change the way we live and do business - almost daily it seems...

By Isabelle Lurquin 22 Dec 2017

How to thrive in the digital era

Forget about digital transformation until you have addressed how you plan to reinvent your business model to address the fundamental and irreversible shift in the way customers make purchasing decisions...

By Marc Gower 14 Dec 2017

Nigerian startup Touchabl launches picture-searching app

Port Harcourt-based startup Touchabl has launched its app, which uses artificial intelligence (AI) to enable people search and shop for items in any picture just by touching it...

12 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

African expansion "massive focus" for SA's Quicket in 2018

South African online ticketing startup Quicket has a "massive focus" on expanding to other African countries next year as it looks to create a truly pan-African solution for events...

By Tom Jackson 4 Dec 2017

Good to know (perhaps) that food is being 'nuclearised'

"Using nuclear sciences to feed the world" have led to some major success stories. FAO provides seven examples of how nuclear technology is improving food and agriculture...

By Baher Kamal 23 Nov 2017

Airlines urged to embrace e-commerce

African airlines have been urged to embrace e-commerce and digital technologies to become more profitable...

By Peterson Tumwebaze 17 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

Meat without animals to hit shelves in 2021

A growing number of startups are trying to produce meat products without using animals, with a view to addressing concerns about animal welfare and the carbon footprint of meat...

10 Nov 2017

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International

Untrustworthy memories make it hard to shop ethically

Imagine a shopper, Sarah, who is concerned about child labour and knows about groups like the Fair Wear Foundation that certify which brands sell ethically produced clothing. Hours after learning that fashion giant H&M reportedly sells clothing made by children in risky workplaces in Burma, she goes shopping. Completely forgetting about what she just heard, she buys an H&M dress.

By Rebecca Walker Reczek, Daniel Zane and Julie Irwin 18 minutes ago

H&M 'racist' ad adds to company's woes

STOCKHOLM - A racism scandal at H&M is the latest indication of management problems at the Swedish clothing giant, once the darling of shoppers but now struggling to make the switch to e-commerce, analysts say.

21 hours ago

Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff.

By Ann Crotty 12 Jan 2018

Woolworths adds Balmain brand

Clothing and food retailer Woolworths is looking to bolster sales in the struggling Australian unit by adding the Balmain brand to its offerings.

By Michelle Gumede 11 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 the 45-year-old South African family restaurant chain, Mike's Kitchen. The deal marks the company's first acquisition on the African continent.

10 Jan 2018

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