The South African Reserve Bank and industry regulators have warned the public not to use instant electronic funds transfer online payment services as a payment option.
Browsing: Retail and e-commerce
A new study by Mastercard has found – unsurprisingly – that South Africans are shopping more online since the start of the Covid-19 pandemic. And the top thing they’re buying is cellular airtime.
Uber has launched Uber Pass in South Africa, a R100/month subscription that works across the company’s ride-hailing service and its food-delivery platform offering various discounts.
Takealot.com, South Africa’s largest online retailer, grew revenue by 41% to $238-million, despite being limited to selling only “essential items” during the hard lockdown earlier this year.
MTN Group said on Friday it had now exited its 18.9% stake in African online retailer Jumia, making R2.3-billion in net proceeds.
South African retail giant Pick n Pay said on Tuesday that it is acquiring on-demand online grocery service Bottles.
Uber Eats’ South African unit on Thursday expanded delivery offerings, launching an app-based over-the-counter medicines service as it seeks to gain market share in the fast-growing online shopping sector.
Every toy, gadget and item you see on YouTube could soon be for sale online – not on Amazon, but right on YouTube itself.
Just as the Chinese duo of Jack Ma and Pony Ma have carved up major chunks of their country’s Internet businesses, the battle for control of 1.3 billion Indians’ data could become a two-horse race.
Negotiations for e-commerce and digital trade under an Africa-wide free trade pact will be fast-tracked as the coronavirus pandemic heightens the need for a legal and governance framework.