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  • Chinese smartphone brand Tecno Mobile topples Samsung in Africa
    Chinese smartphone brand Tecno Mobil has bested Korean giant Samsung for handset sales in Africa in 2020. Counterpoint Research's Market Monitor service announced this week that the Transsion Holdings-owned brand's launch of handset models in the affordable segment and continued market spending has allowed it to make significant inroads on the continent.
  • Nairobi ranked top city in Africa for innovation - Knight Frank report
    The recently released Knight Frank Africa Horizons Report 2021/22, ranked Nairobi as the top city in Africa for innovation, followed by Cape Town in second, Kampala third, with Cairo and Johannesburg at fourth and fifth place respectively.
  • FAO, AUC launch guide to help countries enter Africa's new single market
    The Food and Agriculture Organization of the United Nations (FAO) and the African Union Commission's Department of Agriculture, Rural Development, Blue Economy and Sustainable Development (AUC-DARBE) have launched a guide to boosting intra-African agricultural trade under the new African Continental Free Trade Area (AfCFTA) agreement.

    The AfCFTA began trading on 1 January 2021 and is the largest free trade area in the world in terms of the number of countries covered. It represents a market of 1.2 billion consumers.
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Company News
Rotary Africa event to unpack sustainable development of fashion and textiles

The topic of sustainable textile development will be discussed by a panel at the upcoming Zone 22 Rotary Africa Centennial International Conference...

14 Apr 2021

Target to spend more than $2bn with Black-owned businesses by 2025

Target will add products from more than 500 Black-owned businesses across its multi-category assortment and increase its spend with more Black-owned companies...

8 Apr 2021

SA's Lukhanyo Mdingi nabs spot on 2021 LVMH Prize shortlist

Lukhanyo Mdingi is among the 20 designers from around the globe selected as semi-finalists for the 2021 LVMH Prize for Young Fashion Designers...

1 Apr 2021

Exeo Capital buys stake in Wellness Warehouse holding company

Exeo Capital has announced an investment into Maia Group, a holding company focused on consumer health businesses including Wellness Warehouse and True Health Holdings...

25 Mar 2021

E-commerce to account for half of global retail growth by 2025

By 2025, e-commerce will expand by an additional $1.4tn, and account for half the growth in the global retail sector...

25 Mar 2021

How online markets are helping local stores survive Covid-19

Thanks to platforms that link online consumption to local interests, the desire to buy local, a trend fuelled by the Covid-19 pandemic, is giving rise to a new phenomenon known as digital localism...

By Myriam Ertz, Damien Hallegatte, Imen Latrous and Julien Bousquet 19 Mar 2021

#EcommerceDay2021: How the industry is poised to evolve after receiving a shot of adrenalin

WATCH: uAfrica's Anita Erasmus and Jaco Roux unpack how Covid-19 has affected the business, the impact of the AfCFTA on e-commerce and the need for sustainable development within the industry...

10 Mar 2021

Massmart planning to sell Cambridge Food, Rhino and Massfresh

Massmart plans to sell the Cambridge Food, Rhino and Massfresh chains in a bid to "reduce exposure to non-core assets"...

8 Mar 2021

#EcommerceDay2021: Redefining retail - A future view of digital commerce in 2030

Kantar's Norman Reyneker says that as companies define their future-fit commercial strategies, they must challenge assumptions related to the evolving digital retail landscape...

By Norman Reyneker, Issued by Kantar 8 Mar 2021

Technology and supermarket chains can help strengthen southern Africa's food systems

Covid-19 restrictions on restaurants and catering have led to supermarkets being the key route to market...

By Thando Vilakazi and Namhla Landani 16 Feb 2021

Acquisition of Pepkor's John Craig saves 400 jobs

The Competition Tribunal has approved the sale of Pepkor menswear chain John Craig to Johannesburg-based Blue Falcon 188 Trading, saving 422 jobs...

12 Feb 2021

Playtex factory liquidation leaves hundreds without work in SA

Hanes South Africa, which holds the licence to manufacture, sell and distribute Playtex underwear in SA and other African countries, filed for voluntary liquidation...

10 Feb 2021

How Bezos and Amazon changed the world

Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems...

By Venkatesh Shankar 4 Feb 2021

Jeff Bezos to step down as Amazon CEO

Jeff Bezos is stepping down from his role as Amazon CEO, and will transition to the role of executive chair in the third quarter...

3 Feb 2021

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