Results for informal retail

News

Covid-19: Grim start to year for once bustling Gatesville market
Covid-19: Grim start to year for once bustling Gatesville marketArticle

Since the Covid-19 pandemic and lockdown started in March 2020, few people come to a street that used to overflow with footsteps and chatter. And the informal traders are left without shoppers...

Ashraf Hendricks 5 Feb 2021

Beaches open again, but damage has been done, say informal traders
Beaches open again, but damage has been done, say informal tradersArticle

Traders who missed the peak tourist season say that despite the announcement by President Cyril Ramaphosa on Monday night that beaches are now open once again, the damage has been done...

Nokulunga Majola 2 Feb 2021

SA's lucrative township food economy still underserved
SA's lucrative township food economy still underservedArticle

The long-running misconception that the township food economy is insignificant compared to the 'formal' economy, has hampered retail growth in townships in South Africa...

7 Dec 2020

Partnership empowers informal retail traders across Eastern and Southern Africa
Partnership empowers informal retail traders across Eastern and Southern AfricaArticle

Informal retail micro, small and medium-sized enterprises (MSMEs) across the Eastern and Southern Africa Region (ESAR) are set to receive a technological and operational boost for their businesses, thanks to Nestlé, Nomanini and Standard Bank...

2 Dec 2020

Informal traders urged to apply for grant
Informal traders urged to apply for grantArticle

The Department of Small Business Development and Nedbank have called on informal fruit and vegetable traders who were negatively affected by the pandemic to apply for funding...

23 Nov 2020

Data-driven agriculture can solve the challenge of food security in Africa
Data-driven agriculture can solve the challenge of food security in AfricaArticle

While many farmers still rely on traditional techniques to coax a living from the land, there are opportunities to use cutting-edge technology to drive Africa towards a food-secure future...

Amrote Abdella 21 Oct 2020

The FMCG main market - deploying technology in the new normal
The FMCG main market - deploying technology in the new normalArticle

Globally, the fast-moving consumer goods market had to quickly adjust to the challenges that came with conducting a business in a world of social distancing, hand sanitiser and masks...

Andrew Dawson 28 Aug 2020

Technology-integrated township advertising
Technology-integrated township advertisingArticle

MegaVision Media has joined forces with their digital partner, the Connect Group, to bridge this gap and bring critical 'on-shelf' information to brands who advertise in the informal retail space, at the click of a button...

Issued by MegaVision Media 24 Jul 2020

Government formalises over 2,000 spaza shops
Government formalises over 2,000 spaza shopsArticle

Small Business Development Minister Khumbudzo Ntshavheni says her department has formalised over 2,000 spaza shops during the Covid-19 pandemic...

24 Jun 2020

Sokowatch e-voucher scheme delivers relief to Kenya's vulnerable
Sokowatch e-voucher scheme delivers relief to Kenya's vulnerableArticle

East African startup Sokowatch has launched an e-voucher scheme to help ensure that essential food and goods are available, free of charge, to vulnerable families...

5 Jun 2020

Vgrigas via Wikimedia
Standard Bank partners with Sefa to assist spaza shopsArticle

Standard Bank has partnered with the Small Enterprise Finance Agency to help spaza shops purchase stock through government funding...

4 Jun 2020

Justice Rapapule serving a client at his spaza shop in Tsakane. Photo: Kimberly Mutandiro
"My business will never be the same again," says Duduza spaza shop ownerArticle

Ward councillor urges all business owners in need of help to apply for assistance...

27 May 2020

Key Distributors boosts sales by 25% with ConnectFMCG
Key Distributors boosts sales by 25% with ConnectFMCGArticle

Key Distributors, a business of Value Logistics, is a warehousing and sales company focused on the distribution of FMCG products to formal and informal retail markets in South Africa...

Issued by MegaVision Media 25 May 2020

R140 for a packet of cigarettes in Soweto
R140 for a packet of cigarettes in SowetoArticle

Spaza shop owner says ban on alcohol and tobacco has cost him R25,000...

Mosa Damane 18 May 2020

R2m food voucher system rolled out to at-risk communities
R2m food voucher system rolled out to at-risk communitiesArticle

Flash has partnered with the DG Murray Trust to launch a R2m electronic food voucher system to approximately 7,000 at-risk households in five food insecure communities...

24 Apr 2020

Free platform equips small, informal retailers to sell essentials online
Free platform equips small, informal retailers to sell essentials onlineArticle

The Redshift Store Connector was created during the South African lockdown to allow small local retailers like spaza shops to easily set up an online presence and sell directly to their surrounding communities...

21 Apr 2020

Adapting traditional trade strategy for the Covid-19 retail reality
Adapting traditional trade strategy for the Covid-19 retail realityArticle

The unloved, underinvested world of traditional trade retailing just became the next key battleground for sales-depleted businesses, says Richard Wells...

Richard Wells 21 Apr 2020

Guidelines for spaza shops announced
Guidelines for spaza shops announcedArticle

The Department of Small Business Development (DSBD) has announced guidelines for participation in the Spaza Shops and General Dealers support scheme...

20 Apr 2020

Regulations for grocery retail SMMEs and informal food traders during lockdown
Regulations for grocery retail SMMEs and informal food traders during lockdownArticle

The Department of Small Business Development has issued directions to assist SMMEs operating grocery stores to comply with lockdown regulations...

7 Apr 2020

Covid-19: Lockdown hits informal traders
Covid-19: Lockdown hits informal tradersArticle

Many traders have no savings and without any income they don't know how they will make it through the next 21 days...

Ashraf Hendricks 26 Mar 2020

South Africa's spaza shops: how regulatory avoidance harms informal workers
South Africa's spaza shops: how regulatory avoidance harms informal workersArticle

Small informal retailers are a ubiquitous feature of any developing country's urban landscape. Known as spaza shops in SA, they are an important component in the townships...

Andries du Toit 26 Feb 2020

#BizTrends2020: The future of retailing in sub-Saharan Africa
#BizTrends2020: The future of retailing in sub-Saharan AfricaArticle

Sub-Saharan Africa is home to 14% of the world's population and by 2030, the region's population will surpass that of China. The way consumers shop in the region is ever-changing...

Christele Chokossa 8 Jan 2020

Spaza advertising: An ever-growing market in South Africa
Spaza advertising: An ever-growing market in South AfricaArticle

R1 of every R5 spent in South Africa takes place at informal spaza or township stores. This makes the informal retail environment a very attractive sector worth approximately R46bn...

Issued by MegaVision Media 6 Dec 2019

#EntrepreneurMonth: Changemakers working towards a sustainable, inclusive food system
#EntrepreneurMonth: Changemakers working towards a sustainable, inclusive food systemArticle

A group of social entrepreneurs just emerged from the first Oribi Village Food System Incubation Programme...

Lauren Hartzenberg 19 Nov 2019

Gcwalisa dispensers help reduce single-use plastic at spaza shops
Gcwalisa dispensers help reduce single-use plastic at spaza shopsArticle

Retail solutions company Smollan and product and service design practice DYDX paired up to create a more sustainable solution for the sale of FMCG products in the informal retail market...

28 Oct 2019

Egyptian e-commerce startup MaxAB secures $6.2m seed funding
Egyptian e-commerce startup MaxAB secures $6.2m seed fundingArticle

Egyptian B2B e-commerce marketplace MaxAB has secured seed funding of $6.2 million, one of the largest ever seed rounds raised by a MENA startup...

26 Sep 2019

Image credit: Clark Young on Unsplash.
SA's real 'main market' is where brands will grow market shareArticle

According to the UCT Research Institute's latest report, South Africa's "upper middle class" has the potential to make or break brands...

Andrew Weinberg 25 Sep 2019

Image source: Getty/Gallo
Partnerships are key to the future of inclusive payments in SAArticle

The private and public sectors must collaborate to reduce the reliance on cash and encourage the use of digital payment methods and financial services to achieve more inclusive and sustainable economic growth...

5 Sep 2019

City of Cape Town to revive Green Point Market
City of Cape Town to revive Green Point MarketArticle

The City of Cape Town is set to revive Green Point Market, which was relocated to make way for the construction of the Cape Town Stadium and the surrounding Green Point Urban Park...

2 Sep 2019

Standard Bank targets informal retail economy with $4m Nomanini investment
Standard Bank targets informal retail economy with $4m Nomanini investmentArticle

Standard Bank has gained a stake in Nomanini following an investment of $4m. The bank will be able to use Nomanini's fintech platform to uncover data on the informal retail economy...

28 Aug 2019

MEST Africa invests $1.1m in tech startups across Africa
MEST Africa invests $1.1m in tech startups across AfricaArticle

MEST Africa continues its commitment to early-stage startups, investing in eleven teams from its 2019 graduating cohort...

22 Aug 2019

Route optimisation and line of sight are key to maximising van sales in the main market
Route optimisation and line of sight are key to maximising van sales in the main marketArticle

Van sales make up a significant proportion of total sales, the success of which is entirely dependent on who gets to the retailer first and how much share of wallet is available at that point...

Andrew Dawson 20 Aug 2019

Key trends across retail channels in Africa
Key trends across retail channels in AfricaArticle

With a growing young population coupled with rapid urbanisation and fast-growing consumer expenditure, Africa offers attractive opportunities for entities wishing to expand into new frontier markets...

Christy Tawii 31 Jul 2019

Clover receives R4.8bn buyout offer from Milco consortium
Clover receives R4.8bn buyout offer from Milco consortiumArticle

Clover has received a buyout offer from the newly-formed consortium called Milco, which has plans to delist the dairy business from the JSE and expand it across sub-Saharan Africa...

4 Feb 2019

Image supplied.
Côte d'Ivoire's economy booms after opening of shopping mallArticle

Côte d'Ivoire's most extensive shopping and leisure centre sees record footfall in opening weeks...

24 Dec 2018

5 myths about SA's spaza market debunked
5 myths about SA's spaza market debunkedArticle

Informal trade and distribution data company, 5M2T clarifies five common myths about the spaza market...

7 Nov 2018

Distributor app enters market
Distributor app enters marketArticle

2018 has been an exciting year for the ConnectGroup - the digital division of MegaVision Media...

Issued by MegaVision Media 16 Oct 2018

5M2T data solution offers a deep-dive into SA's informal trade
5M2T data solution offers a deep-dive into SA's informal tradeArticle

5M2T aims to take the guesswork out of doing business in South Africa's dynamic informal sector by providing brands and wholesale distributors with detailed data analysis of informal retail...

12 Oct 2018

Prepare your brand for retail disruption at Shopper Insights
Prepare your brand for retail disruption at Shopper InsightsArticle

The Shopper Insights briefing, set to take place in Johannesburg on 7 November 2018, will unpack the key shopper trends that brands should tap into to get ahead in the retail space...

4 Oct 2018

'Fake food' in South Africa: myths, misinformation and not enough data
'Fake food' in South Africa: myths, misinformation and not enough dataArticle

Owners of small shops in South Africa have been accused of stocking counterfeit food and food that's past its sell-by date...

Jane Battersby and Gareth Haysom 19 Sep 2018

Kenyan e-commerce startup Sokowatch raises $2m seed round
Kenyan e-commerce startup Sokowatch raises $2m seed roundArticle

Kenyan B2B e-commerce startup Sokowatch has closed a $2 million seed round to further expand its customer base across East Africa while also piloting additional value-added services for shops...

Tom Jackson 30 Jul 2018

Mister-E via
Better governance can enhance an inclusive and just food system in South AfricaArticle

By understanding and working with different levels and spheres of government on, for example, land use, informal retailers and other food security issues, De Visser hopes to promote a more inclusive and just food system in South Africa...

Mologadi Makwela 4 May 2018

Nigeria's TradeDepot secures $3m Series A round
Nigeria's TradeDepot secures $3m Series A roundArticle

Nigerian startup TradeDepot, an innovative SaaS platform for FMCG distribution in Africa, has secured a $3m Series A round led by Partech Ventures' recently launched Africa Fund to expand in Nigeria and launch in other countries...

Tom Jackson 27 Apr 2018

'Africa Rising' is a global megatrend - Euromonitor
'Africa Rising' is a global megatrend - EuromonitorArticle

Euromonitor International has just released a Shifting Market Frontiers Megatrend forecast in which it pegs 'Africa Rising' as a megatrend...

Louise Marsland 24 Apr 2018

Mealie sellers taste success
Mealie sellers taste successArticle

As dawn breaks, Bonisiwe Zungu puts her charcoal-fired brazier on the pavement of Richmond Road, Pietermaritzburg. She is here to braai and sell mealies...

Nompendulo Ngubane 12 Feb 2018

#BizTrends2018: The new rules of retail
#BizTrends2018: The new rules of retailArticle

If you're searching for proof that retail as we know it is changing, look no further than Shanghai's 24-hour, unstaffed, self-driving grocery store...

Lauren Hartzenberg 29 Jan 2018

Image credit: Pop Nukoonrat - www.123rf.com 123RF.com]].
How brands can gain access to the $10tn informal economyArticle

A CMO roundtable article features marketing perspectives on the challenges to executing omnichannel experiences...

29 Dec 2017

Cash payments still rule informal trade
Cash payments still rule informal tradeArticle

According to Mastercard research, around 96% of transactions are still conducted in cash among South Africa's 1.5 million informal enterprises...

13 Dec 2017

Mastercard-Spazapp collaboration brings cashless payments to informal retailers
Mastercard-Spazapp collaboration brings cashless payments to informal retailersArticle

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

15 Nov 2017

Keith Dilkes.
Four things this packaging company teaches us about Africa's consumer goods industryArticle

The consumer-facing sector has been pivotal to Africa's growth story, with McKinsey & Company estimating it accounted for almost 50% of GDP expansion between 2010 and 2014. Here are some of the latest FMCG trends...

Jaco Maritz 24 Oct 2017

Next >
Let's do Biz