Browsing: Kim Reid
Naspers and Prosus CEO Bob van Dijk does not expect Amazon.com to enter South Africa’s e-commerce sector “any time soon” given the “really good job” being done by Naspers subsidiary Takealot.com.
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.
Trade & industry minister Ebrahim Patel has effectively shot down requests by online traders to allow unfettered e-commerce in South Africa, saying doing so would be seen to be “unfair competition”.
The continued ban on unfettered e-commerce, and a possible extension of this ban beyond next Friday, is “incomprehensible”, according to Takealot.com CEO Kim Reid.
E-commerce players hoping for an immediate lifting of restrictions preventing the online sale and delivery of non-essential products to consumers have been dealt a harsh blow by trade & industry minister Ebrahim Patel.
Kim Reid, CEO of South Africa’s largest online retailer, Takealot.com, has made an impassioned plea to government to allow unfettered e-commerce and food delivery as soon as possible.
Picture essay | Takealot.com, the online retailer controlled by Naspers, has officially launched its flagship customer collections point on the New Road Bridge in Johannesburg.